Snowflake Inc.
NYSE:SNOW

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Snowflake Inc.
NYSE:SNOW
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Price: 184.03 USD -1.26% Market Closed
Market Cap: 60.7B USD
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Relative Value

The Relative Value of one SNOW stock under the Base Case scenario is 51.75 USD. Compared to the current market price of 184.03 USD, Snowflake Inc. is Overvalued by 72%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

SNOW Relative Value
Base Case
51.75 USD
Overvaluation 72%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
76
vs Industry
7
Median 3Y
23.8
Median 5Y
24.8
Industry
2.5
Forward
16.8
vs History
vs Industry
Median 3Y
-63.9
Median 5Y
-63.9
Industry
23.3
Forward
264
vs History
56
vs Industry
11
Median 3Y
84.9
Median 5Y
76.1
Industry
17.6
vs History
65
vs Industry
12
Median 3Y
94.5
Median 5Y
79
Industry
21.4
vs History
1
vs Industry
10
Median 3Y
10.2
Median 5Y
10.3
Industry
3
vs History
69
vs Industry
8
Median 3Y
22.2
Median 5Y
22.4
Industry
2.5
Forward
16.3
vs History
69
vs Industry
10
Median 3Y
33.5
Median 5Y
34.1
Industry
5.1
vs History
vs Industry
Median 3Y
-59.3
Median 5Y
-59.3
Industry
13.1
Forward
174.3
vs History
vs Industry
Median 3Y
-54.2
Median 5Y
-54.2
Industry
16.9
Forward
327.2
vs History
50
vs Industry
12
Median 3Y
80
Median 5Y
70.5
Industry
16.6
vs History
49
vs Industry
11
Median 3Y
88
Median 5Y
76.4
Industry
19.4
vs History
30
vs Industry
9
Median 3Y
13.7
Median 5Y
13.8
Industry
2.6

Multiples Across Competitors

SNOW Competitors Multiples
Snowflake Inc. Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Snowflake Inc.
NYSE:SNOW
61.7B USD 18.1 -54.7 -51.7 -45.2
CA
Shopify Inc
NYSE:SHOP
151.7B USD 18.5 109.6 150.2 156.3
US
Cloudflare Inc
NYSE:NET
57.2B USD 36.4 -609.4 -1 608.3 -347.7
US
GoDaddy Inc
NYSE:GDDY
29.7B USD 6.6 16 32.3 37.6
US
Twilio Inc
NYSE:TWLO
22.6B USD 5.2 -49 178.2 -200.9
US
Verisign Inc
NASDAQ:VRSN
21.3B USD 13.8 24.8 20.4 21.1
US
MongoDB Inc
NASDAQ:MDB
20.7B USD 10.8 -103.2 -73.8 -68.5
US
Okta Inc
NASDAQ:OKTA
16.6B USD 6.6 -426.2 -277.8 -107.5
US
Akamai Technologies Inc
NASDAQ:AKAM
15B USD 3.8 28.5 11.6 21.7
IL
Wix.Com Ltd
NASDAQ:WIX
12.1B USD 7.1 129.5 110.5 161.1
US
Switch Inc
F:821
7.7B EUR 12 21.1 33.4 105.3
P/S Multiple
Revenue Growth P/S to Growth
US
Snowflake Inc.
NYSE:SNOW
Average P/S: 12.6
18.1
25%
0.7
CA
Shopify Inc
NYSE:SHOP
18.5
23%
0.8
US
Cloudflare Inc
NYSE:NET
36.4
27%
1.3
US
GoDaddy Inc
NYSE:GDDY
6.6
8%
0.8
US
Twilio Inc
NYSE:TWLO
5.2
8%
0.7
US
Verisign Inc
NASDAQ:VRSN
13.8
4%
3.5
US
MongoDB Inc
NASDAQ:MDB
10.8
19%
0.6
US
Okta Inc
NASDAQ:OKTA
6.6
12%
0.5
US
Akamai Technologies Inc
NASDAQ:AKAM
3.8
7%
0.5
IL
Wix.Com Ltd
NASDAQ:WIX
7.1
14%
0.5
US
S
Switch Inc
F:821
12
N/A N/A
P/E Multiple
Earnings Growth PEG
US
Snowflake Inc.
NYSE:SNOW
Average P/E: 54.9
Negative Multiple: -54.7
N/A N/A
CA
Shopify Inc
NYSE:SHOP
109.6
166%
0.7
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -609.4 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
16
-5%
N/A
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -49 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
24.8
3%
8.3
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -103.2 N/A N/A
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -426.2 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
28.5
28%
1
IL
Wix.Com Ltd
NASDAQ:WIX
129.5
143%
0.9
US
S
Switch Inc
F:821
21.1
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Snowflake Inc.
NYSE:SNOW
Average EV/EBITDA: 76.7
Negative Multiple: -51.7
N/A N/A
CA
Shopify Inc
NYSE:SHOP
150.2
231%
0.7
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -1 608.3 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
32.3
29%
1.1
US
Twilio Inc
NYSE:TWLO
178.2
N/A N/A
US
Verisign Inc
NASDAQ:VRSN
20.4
5%
4.1
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -73.8 N/A N/A
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -277.8 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
11.6
15%
0.8
IL
Wix.Com Ltd
NASDAQ:WIX
110.5
162%
0.7
US
S
Switch Inc
F:821
33.4
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Snowflake Inc.
NYSE:SNOW
Average EV/EBIT: 83.9
Negative Multiple: -45.2
N/A N/A
CA
Shopify Inc
NYSE:SHOP
156.3
655%
0.2
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -347.7 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
37.6
28%
1.3
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -200.9 N/A N/A
US
Verisign Inc
NASDAQ:VRSN
21.1
4%
5.3
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -68.5 N/A N/A
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -107.5 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
21.7
23%
0.9
IL
Wix.Com Ltd
NASDAQ:WIX
161.1
310%
0.5
US
S
Switch Inc
F:821
105.3
N/A N/A