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SNAX

Stryve Foods NasdaqCM:SNAX Stock Report

Last Price

US$1.20

Market Cap

US$30.2m

7D

8.1%

1Y

-88.2%

Updated

21 May, 2022

Data

Company Financials +
SNAX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

SNAX Stock Overview

Stryve Foods, Inc. manufactures, markets, and sells snacking products in North America.

Stryve Foods Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Stryve Foods
Historical stock prices
Current Share PriceUS$1.20
52 Week HighUS$10.70
52 Week LowUS$0.82
Beta0.51
1 Month Change16.51%
3 Month Change-52.19%
1 Year Change-88.20%
3 Year Change-87.78%
5 Year Changen/a
Change since IPO-87.63%

Recent News & Updates

May 15
Earnings Release: Here's Why Analysts Cut Their Stryve Foods, Inc. (NASDAQ:SNAX) Price Target To US$2.67

Earnings Release: Here's Why Analysts Cut Their Stryve Foods, Inc. (NASDAQ:SNAX) Price Target To US$2.67

Stryve Foods, Inc. ( NASDAQ:SNAX ) defied analyst predictions to release its quarterly results, which were ahead of...

May 02
Some Stryve Foods, Inc. (NASDAQ:SNAX) Analysts Just Made A Major Cut To Next Year's Estimates

Some Stryve Foods, Inc. (NASDAQ:SNAX) Analysts Just Made A Major Cut To Next Year's Estimates

The latest analyst coverage could presage a bad day for Stryve Foods, Inc. ( NASDAQ:SNAX ), with the analysts making...

Shareholder Returns

SNAXUS FoodUS Market
7D8.1%-7.1%-2.7%
1Y-88.2%-5.2%-12.9%

Return vs Industry: SNAX underperformed the US Food industry which returned -4.7% over the past year.

Return vs Market: SNAX underperformed the US Market which returned -12.7% over the past year.

Price Volatility

Is SNAX's price volatile compared to industry and market?
SNAX volatility
SNAX Average Weekly Movement15.3%
Food Industry Average Movement6.5%
Market Average Movement7.9%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: SNAX is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: SNAX's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2017224Joe Oblashttps://stryve.com

Stryve Foods, Inc. manufactures, markets, and sells snacking products in North America. The company’s product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands. It also produces meat sticks, chili bites, meat crisps, nutrition products, and carne seca products.

Stryve Foods Fundamentals Summary

How do Stryve Foods's earnings and revenue compare to its market cap?
SNAX fundamental statistics
Market CapUS$30.18m
Earnings (TTM)-US$33.54m
Revenue (TTM)US$30.67m

1.0x

P/S Ratio

-0.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SNAX income statement (TTM)
RevenueUS$30.67m
Cost of RevenueUS$21.95m
Gross ProfitUS$8.71m
Other ExpensesUS$42.26m
Earnings-US$33.54m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-2.46
Gross Margin28.41%
Net Profit Margin-109.37%
Debt/Equity Ratio0.5%

How did SNAX perform over the long term?

See historical performance and comparison

Valuation

Is Stryve Foods undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


0.73x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SNAX's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SNAX's fair value for valuation analysis.


Price To Earnings Ratio

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

PE vs Market: SNAX 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 SNAX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SNAX is good value based on its PB Ratio (0.7x) compared to the US Food industry average (1.9x).


Future Growth

How is Stryve Foods forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


23.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNAX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SNAX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SNAX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SNAX's revenue (47.7% per year) is forecast to grow faster than the US market (7.8% per year).

High Growth Revenue: SNAX's revenue (47.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SNAX's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Stryve Foods performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-75.8%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: SNAX is currently unprofitable.

Growing Profit Margin: SNAX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SNAX's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: SNAX is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (13%).


Return on Equity

High ROE: SNAX has a negative Return on Equity (-81.34%), as it is currently unprofitable.


Financial Health

How is Stryve Foods's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SNAX's short term assets ($32.1M) exceed its short term liabilities ($4.1M).

Long Term Liabilities: SNAX's short term assets ($32.1M) exceed its long term liabilities ($8.7M).


Debt to Equity History and Analysis

Debt Level: SNAX has more cash than its total debt.

Reducing Debt: Insufficient data to determine if SNAX'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: SNAX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SNAX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.7% each year


Dividend

What is Stryve Foods's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate SNAX'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 SNAX's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SNAX has not reported any payouts.


Discover strong dividend paying companies

Management

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

3.1yrs

Average board tenure


CEO

Joe Oblas (49 yo)

0.50

Tenure

US$1,362,489

Compensation

Mr. Joe Oblas has been Chief Executive Officer of Stryve Foods, Inc. since November 2021 and as its Director since November 2017. He is Stryve’s co-founder and had served as its co-Chief Executive Officer...


CEO Compensation Analysis

Compensation vs Market: Joe's total compensation ($USD1.36M) is above average for companies of similar size in the US market ($USD771.97K).

Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: SNAX's board of directors are considered experienced (3.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Stryve Foods, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Stryve Foods, Inc.
  • Ticker: SNAX
  • Exchange: NasdaqCM
  • Founded: 2017
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: US$30.178m
  • Market Cap: US$16.376m
  • Shares outstanding: 25.15m
  • Website: https://stryve.com

Number of Employees


Location

  • Stryve Foods, Inc.
  • 5801 Tennyson Parkway
  • Suite 275
  • Plano
  • Texas
  • 75024
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.