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Ingram Micro Holding (INGM) Fair Value & Analysis

Technology · US · Market cap $6.5B

IM Ingram Micro Holding logo Ingram Micro Holding INGM · US
Price$28.40
Fair Value$28.46
Upside+0.2%
Quality50/100
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Weak Growth
Thin margins · 0.7% net margin
Moderate debt · generates free cash flow
1.11% dividend yield
Mixed vs. peers (6/14)
Narrow moat 30/100
Evidence: High Range $21.34 – $35.57 Share as image

Fair value as of: Jul 18, 2026

From 24 valuation models · updated 23 days ago

Share price +3.1% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from $21.34 (bear) to $35.57 (bull), base $28.46. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 50/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (21 months)

$31.64 $14.35 Fair Value $28.46 Oct 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

21‑month range $14.35 – $31.64 · fair‑value band $21.34 – $35.57 · the $28.40 price screens below the $28.46 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Ingram Micro Holding (INGM) currently trades at $28.40, while our model-based Fair Value estimate is $28.46, implying the stock looks roughly 0.2% fairly valued today. The Quality Score stands at 50/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Ingram Micro Holding generated revenue of $54.2B at a net margin of 0.7%. Revenue grew 13.7% year over year. It earns a return on equity of 8.9%. The balance sheet holds a net cash position of $956M. Fundamentals as of Jul 18, 2026

Our scenario range runs from $21.34 (bear case) to $35.57 (bull case); at $28.40, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 10% below its 52-week high and 59% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at 0%, INGM screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $29.78 $40.18 $58.60 80
Residual Income $14.98 $15.86 $17.34 76
Rev-Margin DCF $29.61 $45.66 $65.85 74
All 24 models by family
DCF Models
FCF DCF $28.56 $39.26 $59.98 38
Owner Earnings $12.43 $17.80 $28.20 31
5Y Revenue Exit $29.61 $44.90 $67.81 39
5Y EBITDA Exit $33.97 $52.32 $77.35 41
5Y P/E Exit $20.04 $28.62 $39.30 38
10Y Revenue Exit $27.97 $40.62 $54.85 36
10Y EBITDA Exit $31.54 $45.35 $60.76 37
10Y P/E Exit $23.20 $30.27 $37.19 35
Earnings-Based
Graham-Dodd $9.68 $15.00 $17.94 54
EPV $25.11 $29.68 $33.62 59
Dividend Discount
Gordon GGM $2.99 $3.49 $4.05 70
DDM Multi-Stage $2.99 $3.87 $4.96 61
Multiples
P/E Multiple $21.34 $28.46 $35.57 63
P/S Multiple $18.14 $24.19 $30.23 58
P/B Multiple $18.14 $24.19 $30.23 55
EV/EBIT $51.03 $69.32 $87.61 53
EV/EBITDA $44.13 $60.12 $76.11 54
EV/Revenue $33.15 $49.00 $64.85 43
Asset-Based
NCAV (Graham) $9.22 $12.35 $18.44 50
Growth DCF
Growth DCF $29.78 $40.18 $58.60 80
Rev-Margin DCF $29.61 $45.66 $65.85 74
Economic Profit
Residual Income $14.98 $15.86 $17.34 76
ROIC Compounder $25.35 $30.74 $36.63 72
Growth Earnings
Growth-Adj P/E $15.10 $21.57 $28.04 68

Widest divergence: Growth DCF ($40.18) versus Dividend Discount ($3.49). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $54.2B
Revenue growth (YoY) +13.7%
Net margin 0.7%
Return on equity 8.9%
Free cash flow $785M FY2025
P/E ratio 20.8
More key figures
Operating margin 1.7%
EPS (TTM) $1.52
Dividend yield 1.1%
EPS growth (YoY) +44.8%
Net cash $956M FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 51 · Market factors (momentum, volatility) 68

Profitability 42
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 56
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 38
Calm price path (market factor)
Momentum 78
Price trend over the last 3–12 months (market factor)
52W Momentum 84
Distance to the 52-week high (market factor)
Net Issuance 58
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Ingram Micro Holding Corporation, through its subsidiaries, distributes information technology (IT) products, cloud, and other services in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America.

Full company description

Ingram Micro Holding Corporation, through its subsidiaries, distributes information technology (IT) products, cloud, and other services in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers client and endpoint solutions, including desktop personal computers, notebooks, tablets, printers, hard drives, motherboards, video cards, application software, peripherals, accessories, phones, tablets, smart and feature phones, mobile phone accessories, wearables, and mobility software for corporate and individual end users. It also provides enterprise-grade hardware and software products, such as servers, storage, networking, and hybrid and software-defined solutions, as well as cybersecurity, power, and cooling solutions; training, professional services, and related financing solutions; and data capture/point-of-sale, physical security, audio visual and digital signage, unified communications and collaboration, and smart office/home automation and artificial intelligence products. In addition, the company offers third-party cloud-based services and subscriptions, including business applications, security, communications and collaboration, cloud enablement solutions, and infrastructure-as-a-service, as well as IT asset disposition, reverse logistics, repair, and other related solutions. It serves value-added and corporate resellers, retailers, custom installers, systems integrators, mobile network operators, mobile virtual network operators, direct marketers, internet-based resellers, independent dealers, product category specialists, reseller purchasing associations, managed service providers, cloud services providers, PC assemblers, independent agents and dealers, IT and mobile device manufacturers, and other distributors. The company was founded in 1979 and is headquartered in Irvine, California.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ingram Micro Holding reported revenue of $52.6B in FY2025 versus $54.5B in FY2021, a compound −0.9%/yr. Reported net income was $328M in FY2025, compounding −8.9%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
$52.6B
Latest YoY
+9.5%
Avg. growth/yr (3Y)
+1.1%
Avg. growth/yr (5Y)
+1.4%
Avg. growth/yr (12Y)
+1.8%
Revenue −0.9%/yr
FY21 $54.5B
FY22 $50.8B
FY23 $48.0B
FY24 $48.0B
FY25 $52.6B
Net income −8.9%/yr
FY21 $475M
FY22 $2.4B
FY23 $353M
FY24 $264M
FY25 $328M

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Cite: Fair Value Calculator (2026). "Ingram Micro Holding Fair Value". https://www.fairvalue-calculator.com/stock/INGM

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Information Technology Services · 480 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 50 · Below median
Fair Value upside +0% · Above median
Return on equity (TTM) 9% · Below median
Return on assets 3% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth 14% · Above median
Dividend yield (TTM) 1.1% · Below median
Debt / equity 0.65× · Higher than 75% of peers

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 18.7× · Cheaper than median
P/B 1.54× · Cheaper than median
P/S (TTM) 0.12× · Cheaper than 75% of peers
P/FCF 8.3× · Pricier than median
EV/EBITDA 6.1× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 34 · sector 20
FUTURE 69 · sector 29
PAST 35 · sector 36
HEALTH 68 · sector 97
DIVIDEND 22 · sector 37

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is Ingram Micro Holding (INGM) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of $28.46 versus a price of $28.40, about +0% (fairly valued).
What is the fair value of INGM?
Our model-based fair value for Ingram Micro Holding is $28.46 (as of Jul 18, 2026), built from audited fundamentals. The current price is $28.40.
What is the quality score of INGM?
Ingram Micro Holding has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Ingram Micro Holding (INGM)?
Ingram Micro Holding reported trailing-twelve-month revenue of about $54.2B (latest available figure, as of Jul 18, 2026).
What is the net profit margin of INGM?
The net profit margin of Ingram Micro Holding is about 0.7%, meaning it keeps roughly 0.7% of revenue as net income. Based on the latest reported figures.
Does Ingram Micro Holding pay a dividend?
Ingram Micro Holding currently shows a dividend yield of about 1.07% relative to its recent price (as of Jul 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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