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Relatively Low Return on Equity Detected in Shares of Tech Data Corp in the Technology Distributors Industry (TECD, SCSC, AXE, ARW, SNX)

By James Quinn

Below are the three companies in the Technology Distributors industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Tech Data Corp ranks lowest with a ROE of 458.2%. Scansource Inc is next with a ROE of 494.9%. Anixter Intl Inc ranks third lowest with a ROE of 777.6%.

Arrow Electronic follows with a ROE of 888.7%, and Synnex Corp rounds out the bottom five with a ROE of 1,200.8%.

SmarTrend recommended that subscribers consider buying shares of Tech Data Corp on August 29th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $96.29. Since that recommendation, shares of Tech Data Corp have risen 27.6%. We continue to monitor Tech Data Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest return on equity tech data corp scansource inc anixter intl inc arrow electronic synnex corp

Ticker(s): TECD SCSC AXE ARW SNX