SNOWFLAKE INC-CLASS A (SNOW)

US8334451098 - Common Stock

160.04  +2.02 (+1.28%)

Premarket: 164.56 +4.52 (+2.82%)

Fundamental Rating

4

Overall SNOW gets a fundamental rating of 4 out of 10. We evaluated SNOW against 86 industry peers in the IT Services industry. While SNOW seems to be doing ok healthwise, there are quite some concerns on its profitability. SNOW is valued quite expensively, but it does show have an excellent growth rating.



2

1. Profitability

1.1 Basic Checks

In the past year SNOW was profitable.
SNOW had a positive operating cash flow in the past year.
SNOW had negative earnings in each of the past 5 years.
In multiple years SNOW reported negative operating cash flow during the last 5 years.

1.2 Ratios

The Return On Assets of SNOW (-10.17%) is worse than 69.05% of its industry peers.
SNOW's Return On Equity of -16.14% is in line compared to the rest of the industry. SNOW outperforms 40.48% of its industry peers.
Industry RankSector Rank
ROA -10.17%
ROE -16.14%
ROIC N/A
ROA(3y)-10.24%
ROA(5y)-14.85%
ROE(3y)-14.74%
ROE(5y)-28.82%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

SNOW has a better Gross Margin (67.98%) than 85.71% of its industry peers.
SNOW's Gross Margin has improved in the last couple of years.
SNOW does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 67.98%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.82%
GM growth 5Y7.92%

5

2. Health

2.1 Basic Checks

SNOW does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SNOW has been increased compared to 1 year ago.
SNOW has more shares outstanding than it did 5 years ago.
There is no outstanding debt for SNOW. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.

2.2 Solvency

SNOW has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z N/A
ROIC/WACCN/A
WACC11.07%

2.3 Liquidity

SNOW has a Current Ratio of 1.85. This is a normal value and indicates that SNOW is financially healthy and should not expect problems in meeting its short term obligations.
SNOW has a Current ratio of 1.85. This is in the better half of the industry: SNOW outperforms 60.71% of its industry peers.
A Quick Ratio of 1.85 indicates that SNOW should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.85, SNOW is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.85
Quick Ratio 1.85

8

3. Growth

3.1 Past

SNOW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 288.00%, which is quite impressive.
Looking at the last year, SNOW shows a very strong growth in Revenue. The Revenue has grown by 35.87%.
Measured over the past years, SNOW shows a very strong growth in Revenue. The Revenue has been growing by 96.13% on average per year.
EPS 1Y (TTM)288%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q150%
Revenue 1Y (TTM)35.87%
Revenue growth 3Y67.99%
Revenue growth 5Y96.13%
Revenue growth Q2Q31.53%

3.2 Future

The Earnings Per Share is expected to grow by 48.34% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 31.42% on average over the next years. This is a very strong growth
EPS Next Y3.8%
EPS Next 2Y21%
EPS Next 3Y26.94%
EPS Next 5Y48.34%
Revenue Next Year23.73%
Revenue Next 2Y23.88%
Revenue Next 3Y24.48%
Revenue Next 5Y31.42%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.

1

4. Valuation

4.1 Price/Earnings Ratio

SNOW is valuated quite expensively with a Price/Earnings ratio of 164.99.
Compared to the rest of the industry, the Price/Earnings ratio of SNOW is on the same level as its industry peers.
SNOW's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.42.
Based on the Price/Forward Earnings ratio of 158.94, the valuation of SNOW can be described as expensive.
Based on the Price/Forward Earnings ratio, SNOW is valued a bit more expensive than 63.10% of the companies in the same industry.
SNOW is valuated expensively when we compare the Price/Forward Earnings ratio to 22.74, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 164.99
Fwd PE 158.94

4.2 Price Multiples

The rest of the industry has a similar Price/Free Cash Flow ratio as SNOW.
Industry RankSector Rank
P/FCF 70.25
EV/EBITDA N/A

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as SNOW's earnings are expected to grow with 26.94% in the coming years.
PEG (NY)43.37
PEG (5Y)N/A
EPS Next 2Y21%
EPS Next 3Y26.94%

0

5. Dividend

5.1 Amount

No dividends for SNOW!.
Industry RankSector Rank
Dividend Yield N/A

SNOWFLAKE INC-CLASS A

NYSE:SNOW (3/27/2024, 8:04:01 PM)

Premarket: 164.56 +4.52 (+2.82%)

160.04

+2.02 (+1.28%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap52.70B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 164.99
Fwd PE 158.94
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)43.37
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -10.17%
ROE -16.14%
ROCE
ROIC
ROICexc
ROICexgc
OM N/A
PM (TTM) N/A
GM 67.98%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.34
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.85
Quick Ratio 1.85
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)288%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y3.8%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)35.87%
Revenue growth 3Y67.99%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y