Snowflake Inc.

BIT:1SNOW Stock Report

Market Cap: €53.9b

Snowflake Valuation

Is 1SNOW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 1SNOW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1SNOW (€161.72) is trading below our estimate of fair value (€253.12)

Significantly Below Fair Value: 1SNOW is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1SNOW?

Key metric: As 1SNOW is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1SNOW. This is calculated by dividing 1SNOW's market cap by their current revenue.
What is 1SNOW's PS Ratio?
PS Ratio16.4x
SalesUS$3.41b
Market CapUS$56.13b

Price to Sales Ratio vs Peers

How does 1SNOW's PS Ratio compare to its peers?

The above table shows the PS ratio for 1SNOW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.3x
WIIT Wiit
3.4x8.2%€507.4m
DHH Dominion Hosting Holding
3.3x14.6%€119.6m
CYB Cyberoo
3.9x17.3%€91.5m
REY Reply
2.5x8.2%€5.6b
1SNOW Snowflake
16.4x18.5%€56.1b

Price-To-Sales vs Peers: 1SNOW is expensive based on its Price-To-Sales Ratio (16.4x) compared to the peer average (3.3x).

Price to Sales Ratio vs Industry

How does 1SNOW's PS Ratio compare vs other companies in the IT IT Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
DGV Digital Value
0.2x24.8%US$141.72m
DBA DBA Group
0.2x5.4%US$30.12m
YSFT Softec
0.3xn/aUS$1.41m
No more companies available in this PS range
1SNOW 16.4xIndustry Avg. 0.9xNo. of Companies6PS01.22.43.64.86+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 1SNOW is expensive based on its Price-To-Sales Ratio (16.4x) compared to the European IT industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is 1SNOW's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1SNOW PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio16.4x
Fair PS Ratio24.5x

Price-To-Sales vs Fair Ratio: 1SNOW is good value based on its Price-To-Sales Ratio (16.4x) compared to the estimated Fair Price-To-Sales Ratio (24.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 1SNOW forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€161.72
€172.48
+6.7%
12.3%€216.07€110.43n/a39
Nov ’25€107.46
€154.38
+43.7%
15.0%€203.17€96.97n/a37
Oct ’25€100.50
€149.82
+49.1%
14.7%€196.86€93.95n/a37
Sep ’25€102.16
€149.74
+46.6%
14.1%€196.57€93.82n/a37
Aug ’25€115.24
€177.00
+53.6%
14.6%€217.76€96.88n/a37
Jul ’25€131.34
€183.99
+40.1%
12.9%€224.71€117.04n/a37
Jun ’25€126.52
€188.45
+48.9%
11.3%€221.21€115.21n/a38
May ’25€147.24
€192.91
+31.0%
12.6%€229.27€116.50n/a40
Apr ’25€150.80
€191.63
+27.1%
12.6%€227.13€115.41n/a39
Mar ’25€173.60
€191.35
+10.2%
14.3%€267.61€110.74n/a40
Feb ’25€182.00
€202.33
+11.2%
29.9%€552.00€110.40n/a41
Jan ’25€180.00
€198.29
+10.2%
30.2%€548.64€109.73n/a41
Dec ’24€167.20
€197.22
+18.0%
30.9%€551.70€110.34n/a41
Nov ’24n/a
€187.07
0%
34.3%€566.52€99.14€107.4641
Oct ’24€144.40
€185.73
+28.6%
34.7%€561.54€98.27€100.5040
Sep ’24€146.80
€183.44
+25.0%
35.1%€555.18€97.16€102.1639
Aug ’24€160.60
€180.22
+12.2%
34.9%€545.64€95.49€115.2440
Jul ’24€165.00
€174.98
+6.0%
30.2%€458.20€96.22€131.3438
Jun ’24€155.00
€168.78
+8.9%
31.9%€466.05€97.87€126.5238
May ’24€133.20
€167.33
+25.6%
33.2%€453.75€95.29€147.2436
Apr ’24€137.26
€166.94
+21.6%
33.9%€460.95€96.80€150.8038
Mar ’24€144.28
€176.67
+22.5%
33.8%€473.95€99.53€173.6039
Feb ’24€144.16
€170.68
+18.4%
33.8%€460.15€96.63€182.0039
Jan ’24€133.98
€179.35
+33.9%
32.3%€468.00€98.28€180.0036
Dec ’23€141.24
€187.64
+32.9%
31.2%€475.00€99.75€167.2035
Nov ’23€163.48
€220.98
+35.2%
27.9%€511.05€127.76n/a35

Analyst Forecast: Target price is less than 20% higher than the current share price.

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