Snowflake Inc.

BMV:SNOW * Stock Report

Market Cap: Mex$918.9b

Snowflake Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 SNOW * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
Mex$2.81k
Fair Value
3.8% overvalued intrinsic discount
45
Number of Analysts

Below Fair Value: SNOW * (MX$2916) is trading above our estimate of fair value (MX$2808.25)

Significantly Below Fair Value: SNOW * is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for SNOW *. This is calculated by dividing SNOW *'s market cap by their current revenue.
What is SNOW *'s PS Ratio?
PS Ratio13.6x
SalesUS$3.63b
Market CapUS$46.79b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for SNOW * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average12.2x
NET Cloudflare
23.3x18.7%US$36.8b
SHOP Shopify
13.3x17.2%US$111.0b
OKTA Okta
6.5x8.8%US$16.4b
GDDY GoDaddy
5.5x7.2%US$24.1b
SNOW * Snowflake
13.6x17.5%Mex$46.8b

Price-To-Sales vs Peers: SNOW * is expensive based on its Price-To-Sales Ratio (13.6x) compared to the peer average (12.2x).

Price to Sales Ratio vs Industry

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

139 CompaniesPrice / SalesEstimated GrowthMarket Cap
No. of Companies190PS01.63.24.86.48+
139 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SNOW * is expensive based on its Price-To-Sales Ratio (13.6x) compared to the Global IT industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is SNOW *'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.

SNOW * PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio13.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SNOW *'s Price-To-Sales Fair Ratio for valuation analysis.

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 SNOW * forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentMex$2,916.00
Mex$3,862.43
+32.5%
12.6%Mex$4,619.04Mex$2,260.38n/a45
Apr ’26Mex$3,030.00
Mex$4,171.98
+37.7%
11.3%Mex$4,777.86Mex$2,338.10n/a44
Mar ’26Mex$3,589.21
Mex$4,193.44
+16.8%
12.5%Mex$4,827.32Mex$2,362.31n/a42
Feb ’26Mex$3,793.20
Mex$3,895.64
+2.7%
12.9%Mex$4,653.20Mex$2,378.30n/a40
Jan ’26Mex$3,230.00
Mex$3,720.42
+15.2%
13.1%Mex$4,546.42Mex$2,323.72n/a39
Dec ’25Mex$3,559.89
Mex$3,663.87
+2.9%
12.1%Mex$4,570.31Mex$2,335.94n/a39
Nov ’25Mex$2,345.00
Mex$3,323.20
+41.7%
15.0%Mex$4,373.47Mex$2,087.34n/a37
Oct ’25Mex$2,245.00
Mex$3,237.20
+44.2%
14.7%Mex$4,253.41Mex$2,030.04n/a37
Sep ’25Mex$2,229.01
Mex$3,197.02
+43.4%
14.1%Mex$4,196.90Mex$2,003.06n/a37
Aug ’25Mex$2,298.00
Mex$3,522.71
+53.3%
14.6%Mex$4,333.83Mex$1,928.19n/a37
Jul ’25Mex$2,607.54
Mex$3,606.49
+38.3%
12.9%Mex$4,404.74Mex$2,294.14n/a37
Jun ’25Mex$2,295.50
Mex$3,474.99
+51.4%
11.3%Mex$4,079.06Mex$2,124.51n/a38
May ’25Mex$2,639.00
Mex$3,401.99
+28.9%
12.6%Mex$4,043.28Mex$2,054.51n/a40
Apr ’25Mex$2,683.80
Mex$3,457.51
+28.8%
12.6%Mex$4,098.11Mex$2,082.38Mex$3,030.0039
Mar ’25Mex$3,190.00
Mex$3,528.98
+10.6%
14.3%Mex$4,935.39Mex$2,042.23Mex$3,589.2140
Feb ’25Mex$3,358.00
Mex$3,757.78
+11.9%
29.9%Mex$10,251.90Mex$2,050.38Mex$3,793.2041
Jan ’25Mex$3,387.90
Mex$3,719.58
+9.8%
30.2%Mex$10,291.50Mex$2,058.30Mex$3,230.0041
Dec ’24Mex$3,258.00
Mex$3,688.59
+13.2%
30.9%Mex$10,318.20Mex$2,063.64Mex$3,559.8941
Nov ’24Mex$2,612.90
Mex$3,612.86
+38.3%
34.3%Mex$10,941.18Mex$1,914.71Mex$2,345.0041
Oct ’24Mex$2,649.84
Mex$3,398.72
+28.3%
34.7%Mex$10,275.66Mex$1,798.24Mex$2,245.0040
Sep ’24Mex$2,696.50
Mex$3,334.03
+23.6%
35.1%Mex$10,090.20Mex$1,765.79Mex$2,229.0139
Aug ’24Mex$2,980.00
Mex$3,318.28
+11.4%
34.9%Mex$10,046.64Mex$1,758.16Mex$2,298.0040
Jul ’24Mex$3,010.90
Mex$3,268.88
+8.6%
30.2%Mex$8,559.75Mex$1,797.55Mex$2,607.5438
Jun ’24Mex$2,915.00
Mex$3,197.82
+9.7%
31.9%Mex$8,829.90Mex$1,854.28Mex$2,295.5038
May ’24Mex$2,584.01
Mex$3,308.79
+28.0%
32.8%Mex$8,989.95Mex$1,887.89Mex$2,639.0037
Apr ’24Mex$2,571.00
Mex$3,246.99
+26.3%
33.5%Mex$8,978.50Mex$1,885.49Mex$2,683.8039
AnalystConsensusTarget
Consensus Narrative from 45 Analysts
Mex$3.89k
Fair Value
25.0% undervalued intrinsic discount
45
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/23 22:16
End of Day Share Price 2025/04/23 00:00
Earnings2025/01/31
Annual Earnings2025/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Snowflake Inc. is covered by 59 analysts. 45 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam ShepherdArete Research Services LLP
Jamie SheltonArete Research Services LLP
William PowerBaird