SNOW · Research
Snowflake Grows 32% but the Cash Math Still Lands Below the Tape
Snowflake Inc. (SNOW) earns a "Watch" rating and an institutional Quality Score of 44/100 (Grade C). On $3.63B in baseline revenue (32.5% growth, 66.5% gross margin, 25.2% FCF margin), our 5-year DCF yields an Enterprise Value of $39.92B ($117.03/share vs. $214.46 market price).
Snowflake Inc. (SNOW) earns a "Watch" rating and an institutional Quality Score of 44/100 (Grade C). On $3.63B in baseline revenue (32.5% growth, 66.5% gross margin, 25.2% FCF margin), our 5-year DCF yields an Enterprise Value of $39.92B ($117.03/share vs. $214.46 market price).
On the R&D Return Benchmark, SNOW ranks #98 of 166 (Burners · Grade B, 0.41× return).
Key rating factors
- TTM revenue
- $3.63B
- R&D % of spend
- 42.1%
- Rule of 40
- 57.7%
- R&D return
- 0.41x