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SNAX

Stryve FoodsNasdaqCM:SNAX Stock Report

Last Price

US$2.63

Market Cap

US$79.9m

7D

-3.3%

1Y

-76.2%

Updated

27 Jan, 2022

Data

Company Financials +
SNAX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

SNAX Stock Overview

Stryve Foods, Inc. manufactures, markets, and sells snacking products.

Stryve Foods Competitors

Conagra Brands

NYSE:CAG

US$16.8b

Price History & Performance

Summary of all time highs, changes and price drops for Stryve Foods
Historical stock prices
Current Share PriceUS$2.63
52 Week HighUS$14.00
52 Week LowUS$2.17
Beta0.24
1 Month Change-43.07%
3 Month Change-51.83%
1 Year Change-76.22%
3 Year Changen/a
5 Year Changen/a
Change since IPO-72.89%

Recent News & Updates

Shareholder Returns

SNAXUS FoodUS Market
7D-3.3%-2.6%-5.1%
1Y-76.2%6.5%3.3%

Return vs Industry: SNAX underperformed the US Food industry which returned 6.5% over the past year.

Return vs Market: SNAX underperformed the US Market which returned 3.3% over the past year.

Price Volatility

Is SNAX's price volatile compared to industry and market?
SNAX volatility
SNAX Average Weekly Movement11.5%
Food Industry Average Movement5.3%
Market Average Movement6.7%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.4%

Stable Share Price: SNAX is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: SNAX's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a128Joe Oblashttps://stryve.com

Stryve Foods, Inc. manufactures, markets, and sells snacking products. Its product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brand names. The company is headquartered in Plano, Texas.

Stryve Foods Fundamentals Summary

How do Stryve Foods's earnings and revenue compare to its market cap?
SNAX fundamental statistics
Market CapUS$79.85m
Earnings (TTM)-US$7.61m
Revenue (TTM)US$10.23m

7.8x

P/S Ratio

-10.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SNAX income statement (TTM)
RevenueUS$10.23m
Cost of RevenueUS$5.38m
Gross ProfitUS$4.85m
ExpensesUS$12.46m
Earnings-US$7.61m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.25
Gross Margin47.41%
Net Profit Margin-74.38%
Debt/Equity Ratio25.4%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SNAX ($2.63) is trading below our estimate of fair value ($15.18)

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


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 overvalued based on its PB Ratio (2.9x) compared to the US Food industry average (2.2x).


Future Growth

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

72.3%

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 (73.6% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: SNAX's revenue (73.6% 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?

-1,307.1%

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 (18.7%).


Return on Equity

High ROE: SNAX has a negative Return on Equity (-27.06%), as it is currently unprofitable.


Financial Health

How is Stryve Foods's financial position?


Financial Position Analysis

Short Term Liabilities: SNAX's short term assets ($26.8M) exceed its short term liabilities ($11.1M).

Long Term Liabilities: SNAX's short term assets ($26.8M) exceed its long term liabilities ($7.8M).


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 sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: Insufficient data to determine if SNAX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

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


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.


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 SNAX'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?

0.5yrs

Average board tenure


CEO

Joe Oblas (49 yo)

0.17

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 ($USD1.36M) is above average for companies of similar size in the US market ($USD582.88K).

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


Board Members

Experienced Board: SNAX's board of directors are not considered experienced ( 0.5 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: SNAX 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: NaN
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: US$79.854m
  • Market Cap: US$50.063m
  • Shares outstanding: 30.54m
  • 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 Analysis2022/01/27 00:13
End of Day Share Price2022/01/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.