SNPO

Snap One HoldingsNasdaqGS:SNPO Stock Report

Market Cap

US$1.2b

7D

-0.5%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials +
SNPO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

SNPO Overview

Snap One Holdings Corp. provides smart living solutions in the United States and internationally.

Snap One Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Snap One Holdings
Historical stock prices
Current Share PriceUS$15.32
52 Week HighUS$13.14
52 Week LowUS$23.81
Beta0
1 Month Change1.66%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-7.43%

Recent News & Updates

Aug 01

Snap One: Smarter Homes, Smarter Investment?

Snap One has gone public in an offering which was not well received by the market, after pricing was quite soft already. The company is well positioned and plays a consolidating role in distributing and developing smarter home technological products. The potential is there, but there are some execution and competitive risks as well. Following a lackluster public offering, valuation multiples are still quite reasonable, as I look forward to learning more about the numbers in the quarters to come.

Shareholder Returns

SNPOUS Consumer DurablesUS Market
7D-0.5%2.3%2.6%
1Yn/a33.3%31.1%

Return vs Industry: Insufficient data to determine how SNPO performed against the US Consumer Durables industry.

Return vs Market: Insufficient data to determine how SNPO performed against the US Market.

Price Volatility

Is SNPO's price volatile compared to industry and market?
SNPO volatility
SNPO Beta0
Industry Beta1.47
Market Beta1

Stable Share Price: SNPO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: Insufficient data to determine SNPO's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
20171,302John Heymanhttps://snapone.com

Snap One Holdings Corp. provides smart living solutions in the United States and internationally. It offers connected products, including networking, control and lighting, surveillance, and IP-enabled power products; and entertainment products for indoor and outdoor solutions, such as media distribution products, as well as audio and video products comprising sound systems, amplifiers, televisions, projectors, and optimized screens. The company also provides infrastructure products, which include structured wiring and cable products, racks, and mounts; and software solutions consisting of OvrC and Control4 OS3 software solutions, and Parasol and 4Sight subscription-based services.

Snap One Holdings Fundamentals Summary

How do Snap One Holdings's earnings and revenue compare to its market cap?
SNPO fundamental statistics
Market CapUS$1.16b
Earnings (TTM)-US$9.73m
Revenue (TTM)US$926.16m

1.3x

P/S Ratio

-119.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SNPO income statement (TTM)
RevenueUS$926.16m
Cost of RevenueUS$546.16m
Gross ProfitUS$380.00m
ExpensesUS$389.73m
Earnings-US$9.73m

Last Reported Earnings

Jun 25, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin41.03%
Net Profit Margin-1.05%
Debt/Equity Ratio104.6%

How did SNPO perform over the long term?

See historical performance and comparison

Valuation

Is Snap One Holdings undervalued compared to its fair value and its price relative to the market?

27.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SNPO ($15.32) is trading below our estimate of fair value ($20.99)

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


Price To Earnings Ratio

PE vs Industry: SNPO is unprofitable, so we can't compare its PE Ratio to the US Consumer Durables industry average.

PE vs Market: SNPO is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SNPO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SNPO is good value based on its PB Ratio (1.9x) compared to the US Consumer Durables industry average (2x).


Future Growth

How is Snap One Holdings forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

116.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNPO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: SNPO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SNPO's is expected to become profitable in the next 3 years.

Revenue vs Market: SNPO's revenue (11.3% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: SNPO's revenue (11.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SNPO's Return on Equity is forecast to be low in 3 years time (9%).


Past Performance

How has Snap One Holdings performed over the past 5 years?

67.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SNPO is currently unprofitable.

Growing Profit Margin: SNPO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if SNPO's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare SNPO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SNPO is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (78.8%).


Return on Equity

High ROE: SNPO has a negative Return on Equity (-1.62%), as it is currently unprofitable.


Financial Health

How is Snap One Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: SNPO's short term assets ($282.8M) exceed its short term liabilities ($154.4M).

Long Term Liabilities: SNPO's short term assets ($282.8M) do not cover its long term liabilities ($728.6M).


Debt to Equity History and Analysis

Debt Level: SNPO's debt to equity ratio (104.6%) is considered high.

Reducing Debt: Insufficient data to determine if SNPO's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable SNPO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SNPO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 83.3% per year.


Dividend

What is Snap One Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SNPO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SNPO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SNPO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SNPO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SNPO's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

John Heyman (59 yo)

6.75yrs

Tenure

US$1,664,774

Compensation

Mr. John H. Heyman is Chief Executive Officer and Director at Snap One Holdings Corp. since January 2015. He serves as Chief Executive Officer and Director of Control4 Corporation since August 2019. John H...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD1.66M) is about average for companies of similar size in the US market ($USD2.27M).

Compensation vs Earnings: Insufficient data to compare John's compensation with company performance.


Leadership Team

Experienced Management: SNPO's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: SNPO's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SNPO insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: SNPO only recently listed within the past 12 months.


Top Shareholders

Company Information

Snap One Holdings Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Snap One Holdings Corp.
  • Ticker: SNPO
  • Exchange: NasdaqGS
  • Founded: 2017
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: US$1.163b
  • Shares outstanding: 75.90m
  • Website: https://snapone.com

Number of Employees


Location

  • Snap One Holdings Corp.
  • 1800 Continental Boulevard
  • Suite 200
  • Charlotte
  • North Carolina
  • 28273
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 23:08
End of Day Share Price2021/10/21 00:00
Earnings2021/06/25
Annual Earnings2020/12/25


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 here.