Ingram Micro Holding Corp (INGM) stock analysis

P/E below its 5-year median

Ingram Micro's P/E of 14.1 is below its own 5-year median of 16.5.

P/E below the industry

Ingram Micro's P/E of 14.1 is below the Professional and Commercial Equipment and Supplies median of 20.0.

EV/EBITDA against its history

Needs positive EBITDA and price history.

P/B below the industry

Ingram Micro's price-to-book of 1.47 is below the Professional and Commercial Equipment and Supplies median of 2.23.

Trading below fair value

The share price of $28.00 is below our fair value estimate of $41.68.

Margin of safety over 20%

The price is 32.8% below fair value, more than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 1.1% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -49.5% a year over the last three fiscal years.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing faster than the industry

Revenue grew 14.8% over the last twelve months; the Professional and Commercial Equipment and Supplies median is 13.1%.

Guidance issued

The latest outlook (Q4 2026 Net sales, Oct 29, 2026) was issued for the first time, so it neither adds nor takes away points.

Gross margin slipping

Gross margin was 6.6% over the last twelve months, against 6.8% a year earlier.

Return on equity under 15%

Return on equity was 10.9% over the last twelve months and averaged 27.4% over five years; we look for 15% on both.

Return on capital under 10%

Return on invested capital was 9.7%, below the 10% that usually covers the cost of capital.

Return on equity above the industry

Ingram Micro's return on equity of 10.9% is above the Professional and Commercial Equipment and Supplies median of 10.9%.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin below its 5-year average

Net margin was 0.8% over the last twelve months, against a 5-year average of 1.7%.

Net margin below the industry

Ingram Micro's net margin of 0.8% is below the Professional and Commercial Equipment and Supplies median of 1.8%.

High debt

Debt is 89.2% of shareholders' equity, above the 40% we consider low.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt not well covered by cash flow

Operating cash flow over the last twelve months equals 7.7% of total debt; we look for at least 20%.

Interest not well covered

Operating income covers interest expense 3.6 times; we look for at least 5.

Short-term assets cover short-term debts

Current assets are 1.31 times current liabilities.

Low bankruptcy risk

The Altman Z-score is 3.26; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Ingram Micro paid dividends worth 0.9% of the share price over the last twelve months.

Yield below Treasuries

The 0.9% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Ingram Micro yields 0.9%.

Dividend stability

Fewer than five years of dividend history.

Covered by earnings

Dividends take 17.4% of net income.

Covered by free cash flow

Dividends take 52.0% of free cash flow.