Snowflake Valuation
Is SNOW * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation 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.
Below Fair Value: SNOW * (MX$2730) is trading above our estimate of fair value (MX$2073.12)
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 *?
Other financial metrics that can be useful for relative valuation.
| What is SNOW *'s n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | US$54.66b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 17.9x |
| Enterprise Value/EBITDA | -50.5x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does SNOW *'s PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 13.9x | ||
MDB MongoDB | 15.8x | 17.1% | US$26.6b |
NET Cloudflare | 18.2x | 21.2% | US$25.2b |
SHOP Shopify | 14.1x | 16.9% | US$99.7b |
OKTA Okta | 7.3x | 11.2% | US$16.6b |
SNOW * Snowflake | 19.5x | 18.3% | Mex$54.7b |
Price-To-Sales vs Peers: SNOW * is expensive based on its Price-To-Sales Ratio (19.5x) compared to the peer average (13.9x).
Price to Earnings Ratio vs Industry
How does SNOW *'s PE Ratio compare vs other companies in the Global IT Industry?
Price-To-Sales vs Industry: SNOW * is expensive based on its Price-To-Sales Ratio (19.5x) 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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 19.5x |
| Fair PS Ratio | n/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?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | Mex$2,730.00 | Mex$3,479.95 +27.5% | 12.7% | Mex$4,152.36 | Mex$2,109.94 | n/a | 39 |
| Apr ’25 | Mex$2,683.80 | Mex$3,457.51 +28.8% | 12.6% | Mex$4,098.11 | Mex$2,082.38 | n/a | 39 |
| Mar ’25 | Mex$3,190.00 | Mex$3,528.98 +10.6% | 14.3% | Mex$4,935.39 | Mex$2,042.23 | n/a | 40 |
| Feb ’25 | Mex$3,358.00 | Mex$3,757.78 +11.9% | 29.9% | Mex$10,251.90 | Mex$2,050.38 | n/a | 41 |
| Jan ’25 | Mex$3,387.90 | Mex$3,719.58 +9.8% | 30.2% | Mex$10,291.50 | Mex$2,058.30 | n/a | 41 |
| Dec ’24 | Mex$3,258.00 | Mex$3,688.59 +13.2% | 30.9% | Mex$10,318.20 | Mex$2,063.64 | n/a | 41 |
| Nov ’24 | Mex$2,612.90 | Mex$3,612.86 +38.3% | 34.3% | Mex$10,941.18 | Mex$1,914.71 | n/a | 41 |
| Oct ’24 | Mex$2,649.84 | Mex$3,398.72 +28.3% | 34.7% | Mex$10,275.66 | Mex$1,798.24 | n/a | 40 |
| Sep ’24 | Mex$2,696.50 | Mex$3,334.03 +23.6% | 35.1% | Mex$10,090.20 | Mex$1,765.79 | n/a | 39 |
| Aug ’24 | Mex$2,980.00 | Mex$3,318.28 +11.4% | 34.9% | Mex$10,046.64 | Mex$1,758.16 | n/a | 40 |
| Jul ’24 | Mex$3,010.90 | Mex$3,268.88 +8.6% | 30.2% | Mex$8,559.75 | Mex$1,797.55 | n/a | 38 |
| Jun ’24 | Mex$2,915.00 | Mex$3,197.82 +9.7% | 31.9% | Mex$8,829.90 | Mex$1,854.28 | n/a | 38 |
| May ’24 | Mex$2,584.01 | Mex$3,315.29 +28.3% | 33.2% | Mex$8,989.95 | Mex$1,887.89 | Mex$2,639.00 | 36 |
| Apr ’24 | Mex$2,571.00 | Mex$3,263.48 +26.9% | 33.9% | Mex$9,011.20 | Mex$1,892.35 | Mex$2,683.80 | 38 |
| Mar ’24 | Mex$2,806.00 | Mex$3,431.32 +22.3% | 33.8% | Mex$9,204.95 | Mex$1,933.04 | Mex$3,190.00 | 39 |
| Feb ’24 | Mex$3,059.98 | Mex$3,491.20 +14.1% | 33.8% | Mex$9,412.20 | Mex$1,976.56 | Mex$3,358.00 | 39 |
| Jan ’24 | Mex$2,763.00 | Mex$3,763.05 +36.2% | 32.3% | Mex$9,819.50 | Mex$2,062.10 | Mex$3,387.90 | 36 |
| Dec ’23 | Mex$2,922.00 | Mex$3,783.52 +29.5% | 31.2% | Mex$9,577.85 | Mex$2,011.35 | Mex$3,258.00 | 35 |
| Nov ’23 | Mex$3,169.60 | Mex$4,335.55 +36.8% | 27.9% | Mex$10,026.70 | Mex$2,506.68 | Mex$2,612.90 | 35 |
| Oct ’23 | Mex$3,450.00 | Mex$4,407.39 +27.8% | 29.4% | Mex$10,620.72 | Mex$2,504.89 | Mex$2,649.84 | 33 |
| Sep ’23 | Mex$3,478.20 | Mex$4,427.04 +27.3% | 29.9% | Mex$10,698.58 | Mex$2,523.25 | Mex$2,696.50 | 32 |
| Aug ’23 | Mex$3,060.00 | Mex$4,072.56 +33.1% | 37.8% | Mex$10,953.93 | Mex$2,273.46 | Mex$2,980.00 | 31 |
| Jul ’23 | Mex$2,900.00 | Mex$4,077.42 +40.6% | 38.9% | Mex$10,668.37 | Mex$2,214.19 | Mex$3,010.90 | 31 |
| Jun ’23 | Mex$2,512.50 | Mex$4,019.12 +60.0% | 39.8% | Mex$10,431.25 | Mex$2,164.98 | Mex$2,915.00 | 29 |
| May ’23 | Mex$3,576.35 | Mex$6,329.29 +77.0% | 22.2% | Mex$10,733.88 | Mex$3,847.99 | Mex$2,584.01 | 29 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.