| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
SNOW Stock Overview
Snowflake Inc. provides a cloud-based data platform in the United States and internationally.
Snowflake Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$148.15 |
| 52 Week High | US$405.00 |
| 52 Week Low | US$110.27 |
| Beta | 0 |
| 1 Month Change | 14.04% |
| 3 Month Change | -38.19% |
| 1 Year Change | -40.18% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -41.66% |
Recent News & Updates
Snowflake: Rapid Growth Doesn't Cut It Just Yet
Snowflake continues to grow at a rapid pace and, more importantly, the business is now generating positive cash flows and EBITDA. This trend looks set to continue and will likely allow bottom line performance to improve drastically. However, even this rapid growth makes justifying the company's current share price difficult. Eventually, the company will grow into its valuation, but this could take a good deal of time.
Shareholder Returns
| SNOW | US IT | US Market | |
|---|---|---|---|
| 7D | 24.1% | 7.8% | 6.3% |
| 1Y | -40.2% | -32.5% | -18.8% |
Return vs Industry: SNOW underperformed the US IT industry which returned -32% over the past year.
Return vs Market: SNOW underperformed the US Market which returned -18.4% over the past year.
Price Volatility
| SNOW volatility | |
|---|---|
| SNOW Average Weekly Movement | 12.2% |
| IT Industry Average Movement | 10.2% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: SNOW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: SNOW's weekly volatility (12%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 4,559 | Frank Slootman | https://www.snowflake.com |
Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company’s platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of sizes in a range of industries.
Snowflake Fundamentals Summary
| SNOW fundamental statistics | |
|---|---|
| Market Cap | US$47.12b |
| Earnings (TTM) | -US$642.52m |
| Revenue (TTM) | US$1.41b |
33.4x
P/S Ratio-73.3x
P/E RatioIs SNOW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SNOW income statement (TTM) | |
|---|---|
| Revenue | US$1.41b |
| Cost of Revenue | US$509.02m |
| Gross Profit | US$903.77m |
| Other Expenses | US$1.55b |
| Earnings | -US$642.52m |
Last Reported Earnings
Apr 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.02 |
| Gross Margin | 63.97% |
| Net Profit Margin | -45.48% |
| Debt/Equity Ratio | 0% |
How did SNOW perform over the long term?
See historical performance and comparisonValuation
Is SNOW undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
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 Ratio | 0x |
| n/a | n/a |
| Market Cap | US$47.12b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 29.9x |
| Enterprise Value/EBITDA | -63.2x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does SNOW's PS Ratio compare to its peers?
| SNOW PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 13.2x | ||
NET Cloudflare | 22x | 29.4% | US$16.1b |
TWLO Twilio | 5.6x | 22.5% | US$17.7b |
AKAM Akamai Technologies | 4.3x | 9.3% | US$15.2b |
MDB MongoDB | 20.8x | 24.9% | US$20.4b |
SNOW Snowflake | 33.4x | 35.3% | US$47.1b |
Price-To-Sales vs Peers: SNOW is expensive based on its Price-To-Sales Ratio (33.4x) compared to the peer average (13.2x).
Price to Earnings Ratio vs Industry
How does SNOW's PE Ratio compare vs other companies in the US IT Industry?
Price-To-Sales vs Industry: SNOW is expensive based on its Price-To-Sales Ratio (33.4x) compared to the US IT industry average (2.5x)
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 | 33.4x |
| Fair PS Ratio | 22x |
Price-To-Sales vs Fair Ratio: SNOW is expensive based on its Price-To-Sales Ratio (33.4x) compared to the estimated Fair Price-To-Sales Ratio (22x).
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 ($148.15) is trading below our estimate of fair value ($248.15)
Significantly Below Fair Value: SNOW is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SNOW's PEG Ratio to determine if it is good value.
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Future Growth
How is Snowflake forecast to perform in the next 1 to 3 years based on estimates from 30 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
25.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNOW is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SNOW is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SNOW is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SNOW's revenue (35.3% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: SNOW's revenue (35.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SNOW is forecast to be unprofitable in 3 years.
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Past Performance
How has Snowflake performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-36.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SNOW is currently unprofitable.
Growing Profit Margin: SNOW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SNOW is unprofitable, and losses have increased over the past 5 years at a rate of 36.1% per year.
Accelerating Growth: Unable to compare SNOW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SNOW is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (21.4%).
Return on Equity
High ROE: SNOW has a negative Return on Equity (-11.77%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Snowflake's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: SNOW's short term assets ($4.3B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: SNOW's short term assets ($4.3B) exceed its long term liabilities ($201.0M).
Debt to Equity History and Analysis
Debt Level: SNOW is debt free.
Reducing Debt: SNOW has not had any debt for 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 SNOW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SNOW is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 89.6% per year.
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Dividend
What is Snowflake current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend 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 SNOW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SNOW'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 SNOW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SNOW'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 SNOW has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.5yrs
Average management tenure
CEO
Frank Slootman (62 yo)
3.17yrs
Tenure
US$775,196
Compensation
Mr. Frank Slootman serves as Member of Advisory Board at Lacework, Inc. He serves as Director of Maplebear Inc. (alternate name: Instacart) since March 2021. He has been Chief Executive Officer of Snowflak...
CEO Compensation Analysis
Compensation vs Market: Frank's total compensation ($USD775.20K) is below average for companies of similar size in the US market ($USD13.43M).
Compensation vs Earnings: Frank's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: SNOW's management team is considered experienced (3.5 years average tenure).
Board Members
Experienced Board: SNOW's board of directors are considered experienced (3.7 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: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.4%.
Top Shareholders
Company Information
Snowflake Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Snowflake Inc.
- Ticker: SNOW
- Exchange: NYSE
- Founded: 2012
- Industry: Internet Services and Infrastructure
- Sector: Software
- Implied Market Cap: US$47.124b
- Shares outstanding: 318.08m
- Website: https://www.snowflake.com
Number of Employees
Location
- Snowflake Inc.
- 106 East Babcock Street
- Suite 3A
- Bozeman
- Montana
- 59715
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/27 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2022/04/30 |
| Annual Earnings | 2022/01/31 |
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.