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CNXN PC Connection Inc

NASDAQ
Industrials
Electrical Equipment

$89.93

▼ 1.0%

Updated Oct 16, 2:25 PM ET

Report Card

CNXN at a glance — five pillars scored 0–100 from real filed financials.

How the 0–100 rating is calculated
Value
—
Growth
—
Profitability
32
Health
100
Dividends
—

Overall: not rated yet. This stock's fundamentals ratios aren't loaded, so only the pillars its filings support are scored.

Key Metrics

Market Cap

—

P/E

—

Forward P/E (est.)

—

ROE

—

Revenue Growth

—

EPS Growth

—

Profit Margin

—

FCF Yield

—

Debt / Equity

—

ROIC

8.0%

Interest Coverage

927.87x

Current Ratio

2.88x

Dividend Yield

—

Implied Growth (rev. DCF)

—

Rating Score

Not rated

Business Overview

Research

PC Connection Inc (CNXN) is a NASDAQ-listed company in the Electrical Equipment industry, within the Industrials sector.

In its latest reported year it generated about $2.87B in revenue and $83.72M in net profit.

Our model hasn't rated CNXN yet because its fundamentals ratios (P/E, margins, returns on capital, leverage) aren't loaded. Any financial history below comes straight from its SEC filings and refreshes automatically.

Economic Moat

Evidence of durable competitive advantage in the filed financials (10 years of history).

Profit margins and economic moats, explained
No moat evidenceMoat evidence score: 40/100

The numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.

Gross margin level0/100

18.4% average over the last 3 years

Gross margin stability78/100

±1.8 pts around 16.2% across 10 years

Revenue durability28/100

grew in 5 of the last 9 year-over-year periods

Free-cash-flow consistency100/100

positive in 10 of 10 years

Return on invested capital15/100

8.0% latest fiscal year

A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.

Revenue Growth

Research
How to read an income statement

4Y CAGR

-0.2%

Revenue moved from $2.69B in 2016 to $2.87B in 2025, a 0.7% compound annual growth rate. The most recent year was roughly steady year over year. Slower, mature growth is common for established businesses.

0/1 checks passedROIC above 10%

Gross Margin

18.8%

Operating Margin

3.5%

Net Margin

2.9%

ROE

—

Debt Analysis

Research
2/2 checks passedInterest covered 3×+Short-term bills covered

Total Debt

—

Net Debt

—

Net Debt / EBITDA

—

Debt / Equity

—

Leverage: debt-to-equity is n/a, and operating profit covers interest about 927.9x, with a current ratio of 2.9x. Detailed balance-sheet leverage is limited for this name.

Cash Flow Analysis

Research

Operating CF

$65.44M

Free Cash Flow

$58.05M

FCF Margin

2.0%

In the latest year PC Connection Inc produced about $65.44M of operating cash flow and $58.05M of free cash flow after capital spending. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Dividend Safety

Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.

What to look for in a dividend stock
BorderlineSafety score: 63/100

The dividend is being paid, but coverage or consistency is thinner than an income investor should rely on without a closer look.

Per share (latest FY)

$0.34

Total paid (latest FY)

$15.30M

History on record

10 years

Free-cash-flow coverage100/100

dividend uses 26% of free cash flow

Earnings payout ratio100/100

18% of net income paid out

Raise streak25/100

total dividends increased 2 years in a row

Cut history0/100

payout was cut at least once in the last 10 years

Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.

Valuation Analysis

Research
What is a reasonable P/E ratio?
0/1 checks passedTrading below DCF fair value

P/E

—

P/S

—

P/B

—

EV / EBITDA

—

CNXN trades at n/a trailing earnings. Its valuation ratios aren't loaded yet, so there is no P/E to judge here.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

How this DCF estimate is calculated

DCF fair value / share

$39.49

Current price

$89.93

-56% · Above fair-value estimate

Starting FCF (latest 10-K)

$58.05M

Growth, years 1–5

4.0%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$448.65M
PV of terminal value$548.00M
Estimated equity value$996.65M
Shares outstanding25M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Sector Range

Where CNXN sits versus the Industrials companies we cover.

TTM P/E
——
Forward P/E
——
P/S ratio
——
Revenue growth
——
EPS growth
——
Gross margin
18.8%Weak
Net margin
——
ROE
——

Bands show the middle half (25th–75th percentile) of the 144 Industrials companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How CNXN stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

CNXN doesn't have a model rating yet (its fundamentals ratios aren't loaded), so it isn't ranked against the 142 rated Industrials companies we cover.

P/E vs sector

—

median 30.5x

ROE vs sector

—

median 18.1%

Growth vs sector

—

median 6.0%

Sector rank

—

not rated yet

CompanyP/ERev Gr.Rating
CNXNThis stock——Not rated
ARW15.2x20.5%Favorable· 68
AYI22.8x10.5%Favorable· 61
FPS197.4x—Weak· 16
RRX51.2x1.5%Weak· 35
FN42.5x29.8%Favorable· 63
SNX19.9x10.4%Neutral· 57
NVT45.4x34.2%Neutral· 48
Industrials median30.5x6.0%50/100

Valuation vs. quality map

sector medianARWAYIRRXFNSNXNVTP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Industrials companies by sub-industry and size, preferring ones with full data. Sector medians and rank use the 142 rated companies among the 273 Industrials stocks we cover. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

What drives this projection, and its limits

2030 scenario price range (Base Case)

$60.21 – $100.35

vs. $89.93 today · implied CAGR -8% – 2%

Metric20262027202820292030
Revenue$3.10B$3.35B$3.62B$3.91B$4.22B
Net income$93.08M$100.52M$108.56M$117.25M$126.63M
EPS$3.69$3.98$4.30$4.65$5.02
Share price (low)$44.26$47.80$51.62$55.75$60.21
Share price (high)$73.76$79.66$86.03$92.92$100.35
CAGR (low–high)-51% / -18%-27% / -6%-17% / -1%-11% / 1%-8% / 2%

Educational scenario model, not a forecast or investment advice. It starts from the latest annual revenue in SEC filings. By default, growth is trailing revenue growth (held between 3% and 45% a year), the net margin is the latest one (held between 3% and 50%, so a loss-making company is modeled with a small profit), and the Base case P/E runs from 60% to 100% of today's. Carrying recent growth forward five years can miss badly in either direction. Outputs are only as good as the assumptions. Growth, margin or P/E data is missing for this stock, so some starting values above are placeholders rather than measurements.

Key Risks

Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Analyst Ratings

What 6 Wall Street analysts covering CNXN recommend (September 2026). Consensus is a useful sanity check — not a substitute for your own homework.

Sell
consensus · score 2.2 / 5 across 6 analysts
Strong Buy 0Buy 0Hold 3Sell 1Strong Sell 2

Latest SEC Filings

CNXN's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen. How to read a 10-K

CNXN — frequently asked questions

Is CNXN a good stock to buy?

We don't give buy or sell advice. Review PC Connection Inc's fundamentals, valuation, and 5-year financials on this page, then make your own decision — and consider a licensed professional.

Where does CNXN's data come from?

Live price data plus the annual financials in PC Connection Inc's SEC filings, refreshed automatically. Its fundamentals ratios aren't loaded yet, which is why it has no model rating.

How is the 5-year projection for CNXN calculated?

It's a scenario model. It starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. It's a tool for thinking, not a prediction.

Is this CNXN analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell CNXN. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.