Snowflake delivered blowout first-quarter results. Year-over-year product revenue growth of 34% beat guidance by 700 basis points. Non-GAAP operating margin also reached a new record of 11.9%, 290 basis points above the guidance.
The total addressable market of data warehouse and data lake should experience double-digit annual growth over the next decade, and Snowflake is one of the leaders in the segment.
Competition with Databricks' and hyperscalers’ data warehouse products continues to intensify, leading to heavy marketing and R&D pressure for Snowflake.
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Metric
|
SNOW
|
AMZN
|
GOOGL
|
|---|---|---|---|
Price/Earnings (Normalized) | 170.47 | 34.70 | 36.65 |
Price/Book Value | 42.95 | 5.88 | 9.05 |
Price/Sales | 16.27 | 3.53 | 10.35 |
Price/Cash Flow | 86.73 | 14.79 | 24.64 |
|
Metric
|
SNOW
|
AMZN
|
GOOGL
|
|---|---|---|---|
Quick Ratio | 0.94 | 1.01 | 1.71 |
Current Ratio | 1.05 | 1.18 | 1.92 |
Interest Coverage | −163.06 | 44.83 | 154.63 |
|
Metric
|
SNOW
|
AMZN
|
GOOGL
|
|---|---|---|---|
Return on Assets (Normalized) | 6.23% | 11.13% | 24.77% |
Return on Equity (Normalized) | 24.43% | 22.63% | 35.04% |
Return on Invested Capital (Normalized) | 8.05% | 15.75% | 30.59% |
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1-Day Chart
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Morningstar Rating for Stocks
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