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Snap

SWX:SNAP
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SNAP
SWX
$20B
Market Cap
  1. Home
  2. CH
  3. Media
Company description

Snap Inc. operates as a camera company in the United States and internationally. The last earnings update was 23 days ago. More info.


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SNAP Share Price and Events
7 Day Returns
0%
SWX:SNAP
-2.1%
Europe Interactive Media and Services
-0.3%
CH Market
1 Year Returns
105.5%
SWX:SNAP
14%
Europe Interactive Media and Services
13.4%
CH Market
SNAP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Snap (SNAP) 0% 0% -2.5% 105.5% - -
Europe Interactive Media and Services -2.1% -1.1% -0.2% 14% 35.5% -48.5%
CH Market -0.3% 2% 5.7% 13.4% 21% 14%
1 Year Return vs Industry and Market
  • SNAP outperformed the Interactive Media and Services industry which returned 14% over the past year.
  • SNAP outperformed the Market in Switzerland which returned 13.4% over the past year.
Price Volatility
SNAP
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Snap undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Snap to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Snap.

SWX:SNAP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 36 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.6%
Perpetual Growth Rate 10-Year CH Government Bond Rate 3.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SWX:SNAP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CH Govt Bond Rate 3.3%
Equity Risk Premium S&P Global 6%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.038 (1 + (1- 21%) (6.04%))
1.058
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.28% + (1.058 * 5.96%)
9.58%

Discounted Cash Flow Calculation for SWX:SNAP using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Snap is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

SWX:SNAP DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.58%)
2020 -67.05 Analyst x13 -61.19
2021 348.35 Analyst x10 290.09
2022 767.73 Analyst x6 583.43
2023 1,386.03 Analyst x3 961.19
2024 1,912.45 Est @ 37.98% 1,210.28
2025 2,439.69 Est @ 27.57% 1,408.93
2026 2,934.47 Est @ 20.28% 1,546.47
2027 3,379.89 Est @ 15.18% 1,625.45
2028 3,772.22 Est @ 11.61% 1,655.50
2029 4,115.79 Est @ 9.11% 1,648.33
Present value of next 10 years cash flows $10,868.00
SWX:SNAP DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $4,115.79 × (1 + 3.28%) ÷ (9.58% – 3.28%)
$67,389.83
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $67,389.83 ÷ (1 + 9.58%)10
$26,988.83
SWX:SNAP Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $10,868.00 + $26,988.83
$37,856.83
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $37,856.83 / 1,399.97
$27.04
SWX:SNAP Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in SWX:SNAP represents 0.94364x of NYSE:SNAP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.94364x
Value per Share
(Listing Adjusted, CHF)
= Value per Share (USD) x Listing Adjustment Factor
= $ 27.04 x 0.94364
CHF25.52
Value per share (CHF) From above. CHF25.52
Current discount Discount to share price of CHF13.56
= -1 x (CHF13.56 - CHF25.52) / CHF25.52
46.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Snap is available for.
Intrinsic value
47%
Share price is CHF13.56 vs Future cash flow value of CHF25.52
Current Discount Checks
For Snap to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Snap's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Snap's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Snap's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Snap's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SWX:SNAP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-0.72
NYSE:SNAP Share Price ** NYSE (2019-11-14) in USD $14.37
Europe Interactive Media and Services Industry PE Ratio Median Figure of 20 Publicly-Listed Interactive Media and Services Companies 28.38x
Switzerland Market PE Ratio Median Figure of 171 Publicly-Listed Companies 19.24x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Snap.

SWX:SNAP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:SNAP Share Price ÷ EPS (both in USD)

= 14.37 ÷ -0.72

-19.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Snap is loss making, we can't compare its value to the Europe Interactive Media and Services industry average.
  • Snap is loss making, we can't compare the value of its earnings to the Switzerland market.
Price based on expected Growth
Does Snap's expected growth come at a high price?
Raw Data
SWX:SNAP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -19.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 36 Analysts
52.2%per year
Europe Interactive Media and Services Industry PEG Ratio Median Figure of 11 Publicly-Listed Interactive Media and Services Companies 2.07x
Switzerland Market PEG Ratio Median Figure of 124 Publicly-Listed Companies 2.19x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Snap, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Snap's assets?
Raw Data
SWX:SNAP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $1.67
NYSE:SNAP Share Price * NYSE (2019-11-14) in USD $14.37
Europe Interactive Media and Services Industry PB Ratio Median Figure of 39 Publicly-Listed Interactive Media and Services Companies 3.16x
Switzerland Market PB Ratio Median Figure of 214 Publicly-Listed Companies 1.65x
SWX:SNAP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:SNAP Share Price ÷ Book Value per Share (both in USD)

= 14.37 ÷ 1.67

8.62x

* Primary Listing of Snap.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Snap is overvalued based on assets compared to the Europe Interactive Media and Services industry average.
X
Value checks
We assess Snap's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Interactive Media and Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. Snap has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Snap expected to perform in the next 1 to 3 years based on estimates from 36 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
52.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Snap expected to grow at an attractive rate?
  • Snap's earnings growth is expected to exceed the low risk savings rate of 3.3%.
Growth vs Market Checks
  • Snap's earnings growth is expected to exceed the Switzerland market average.
  • Snap's revenue growth is expected to exceed the Switzerland market average.
Annual Growth Rates Comparison
Raw Data
SWX:SNAP Future Growth Rates Data Sources
Data Point Source Value (per year)
SWX:SNAP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 36 Analysts 52.2%
SWX:SNAP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 36 Analysts 25.2%
Europe Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 18.2%
Europe Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 10%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 9.9%
Switzerland Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SWX:SNAP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 36 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SWX:SNAP Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 4,622 1,532 587 11
2022-12-31 3,831 818 -108 17
2021-12-31 3,048 395 -439 27
2020-12-31 2,340 47 -733 36
2019-12-31 1,717 -262 -957 35
2019-11-15
SWX:SNAP Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 1,544 -364 -985
2019-06-30 1,396 -421 -1,082
2019-03-31 1,270 -524 -1,181
2018-12-31 1,180 -690 -1,256
2018-09-30 1,076 -740 -1,414
2018-06-30 987 -801 -1,532
2018-03-31 906 -812 -1,622
2017-12-31 825 -735 -3,445
2017-09-30 705 -726 -3,265
2017-06-30 625 -749 -2,946
2017-03-31 515 -674 -2,619
2016-12-31 404 -611 -515

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Snap's earnings are expected to grow significantly at over 20% yearly.
  • Snap's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SWX:SNAP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 36 Analyst Estimates (S&P Global) See Below

All data from Snap Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:SNAP Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.29 0.67 -0.24 7.00
2022-12-31 -0.05 0.21 -0.36 12.00
2021-12-31 -0.29 -0.03 -0.55 20.00
2020-12-31 -0.50 -0.29 -0.70 28.00
2019-12-31 -0.68 -0.53 -0.80 29.00
2019-11-15
SWX:SNAP Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -0.72
2019-06-30 -0.81
2019-03-31 -0.90
2018-12-31 -0.97
2018-09-30 -1.11
2018-06-30 -1.21
2018-03-31 -1.30
2017-12-31 -2.95
2017-09-30 -3.07
2017-06-30 -3.06
2017-03-31 -3.05
2016-12-31 -0.64

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Snap will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Snap's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Snap has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Snap performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Snap's growth in the last year to its industry (Interactive Media and Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Snap does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Snap's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Snap's 1-year growth to the Europe Interactive Media and Services industry average as it is not currently profitable.
Earnings and Revenue History
Snap's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Snap Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:SNAP Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 1,544.47 -984.62 907.26 828.43
2019-06-30 1,395.96 -1,082.40 857.61 820.34
2019-03-31 1,270.21 -1,180.53 837.83 787.38
2018-12-31 1,180.45 -1,255.91 846.70 772.19
2018-09-30 1,076.32 -1,414.22 859.01 841.58
2018-06-30 986.56 -1,532.23 887.96 877.51
2018-03-31 905.97 -1,622.01 889.40 930.00
2017-12-31 824.95 -3,445.07 2,058.20 1,534.86
2017-09-30 704.94 -3,265.03 1,953.73 1,365.94
2017-06-30 625.21 -2,946.10 1,810.82 1,181.05
2017-03-31 515.33 -2,618.90 1,644.87 961.37
2016-12-31 404.48 -514.64 289.53 183.68
2016-09-30 271.52 -442.49 192.61 148.11
2016-06-30 160.04 -414.92 154.32 112.54
2016-03-31 92.85 -388.25 147.82 93.41
2015-12-31 58.66 -372.89 159.42 82.24

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Snap has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Snap has efficiently used its assets last year compared to the Europe Interactive Media and Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Snap improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Snap's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Interactive Media and Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Snap has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Snap's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Snap's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Snap is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Snap's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Snap's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Snap Company Filings, last reported 1 month ago.

SWX:SNAP Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 2,324.42 880.39 2,260.73
2019-06-30 2,116.70 0.00 1,184.79
2019-03-31 2,165.88 0.00 1,208.73
2018-12-31 2,311.00 0.00 1,279.06
2018-09-30 2,384.09 0.00 1,414.41
2018-06-30 2,584.07 0.00 1,570.00
2018-03-31 2,791.85 0.00 1,821.35
2017-12-31 2,992.33 0.00 2,043.04
2017-09-30 3,175.27 0.00 2,298.07
2017-06-30 3,540.91 0.00 2,797.60
2017-03-31 3,735.52 0.00 3,242.56
2016-12-31 1,518.91 0.00 987.37
2016-09-30 1,683.75 0.00 1,219.36
2016-06-30 1,710.11 0.00 1,468.57
2016-03-31 764.15 13.49 640.81
2015-12-31 764.15 0.00 640.81
  • Snap's level of debt (37.9%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Snap's debt level has increased without past 5-year debt data.
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.

  • Snap has sufficient cash runway for more than 3 years based on current free cash flow.
  • Unable to confirm if Snap has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Snap's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Snap has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Snap's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Snap dividends. Estimated to be 0% next year.
If you bought CHF2,000 of Snap shares you are expected to receive CHF0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Snap's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Snap's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SWX:SNAP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 36 Analyst Estimates (S&P Global) See Below
Europe Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 1.3%
Switzerland Market Average Dividend Yield Market Cap Weighted Average of 163 Stocks 2.9%
Switzerland Minimum Threshold Dividend Yield 10th Percentile 1.2%
Switzerland Bottom 25% Dividend Yield 25th Percentile 1.8%
Switzerland Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SWX:SNAP Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 4.00
2020-12-31 0.00 5.00
2019-12-31 0.00 5.00
2019-11-15

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Snap has not reported any payouts.
  • Unable to verify if Snap's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Snap's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Snap has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Snap's dividends in 3 years as they are not expected to pay a notable one for Switzerland.
X
Income/ dividend checks
We assess Snap's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Snap afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Snap has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Snap's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Evan Spiegel
COMPENSATION $800,847
AGE 28
TENURE AS CEO 7.5 years
CEO Bio

Mr. Evan Spiegel is a Co-Founder of Snap Inc. and serves as its President. Mr. Spiegel has been Chief Executive Officer and Director of Snap Inc. since May 2012. Mr. Spiegel has been a Trustee of The Paley Center for Media since October 2017.

CEO Compensation
  • Evan's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Evan's remuneration is lower than average for companies of similar size in Switzerland.
Management Team Tenure

Average tenure and age of the Snap management team in years:

1
Average Tenure
43
Average Age
  • The average tenure for the Snap management team is less than 2 years, this suggests a new team.
Management Team

Evan Spiegel

TITLE
Co-Founder
COMPENSATION
$801K
AGE
28
TENURE
7.5 yrs

Robert Murphy

TITLE
Co-Founder
COMPENSATION
$28K
AGE
30

Jerry Hunter

TITLE
Senior Vice President of Engineering
COMPENSATION
$1M
AGE
54
TENURE
1.9 yrs

Jeremi Gorman

TITLE
Chief Business Officer
COMPENSATION
$23M
AGE
41
TENURE
1 yrs

Jared Grusd

TITLE
Chief Strategy Officer
COMPENSATION
$21M
AGE
43
TENURE
1 yrs

Derek Andersen

TITLE
Chief Financial Officer
TENURE
0.5 yrs

Rebecca Morrow

TITLE
Chief Accounting Officer & Controller
AGE
46
TENURE
0.2 yrs

Kristin Southey

TITLE
Vice President of Investor Relations

Michael O’Sullivan

TITLE
General Counsel & Secretary
COMPENSATION
$17M
AGE
53
TENURE
2.3 yrs

Julie Henderson

TITLE
Chief Communications Officer
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Snap board of directors in years:

3.3
Average Tenure
56
Average Age
  • The tenure for the Snap board of directors is about average.
Board of Directors

Michael Lynton

TITLE
Independent Chairman of the Board
COMPENSATION
$288K
AGE
59
TENURE
3.2 yrs

Evan Spiegel

TITLE
Co-Founder
COMPENSATION
$801K
AGE
28
TENURE
7.5 yrs

Robert Murphy

TITLE
Co-Founder
COMPENSATION
$28K
AGE
30
TENURE
7.5 yrs

A.G. Lafley

TITLE
Independent Director
COMPENSATION
$449K
AGE
71
TENURE
3.3 yrs

Stan Meresman

TITLE
Independent Director
COMPENSATION
$271K
AGE
72
TENURE
4.3 yrs

Joanna Coles

TITLE
Independent Director
COMPENSATION
$285K
AGE
56
TENURE
3.9 yrs

Scott Miller

TITLE
Independent Director
COMPENSATION
$285K
AGE
66
TENURE
3.1 yrs

Chris Young

TITLE
Independent Director
COMPENSATION
$300K
AGE
47
TENURE
3.1 yrs

Poppy Thorpe

TITLE
Independent Director
COMPENSATION
$264K
AGE
34
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • Snap individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CHF) Value (CHF)
20. Aug 19 Sell Lara Sweet Individual 16. Aug 19 16. Aug 19 -24,832 CHF15.77 CHF-391,713
18. Jul 19 Sell Lara Sweet Individual 16. Jul 19 16. Jul 19 -25,594 CHF15.12 CHF-387,044
18. Jul 19 Sell Derek Andersen Individual 16. Jul 19 16. Jul 19 -8,136 CHF15.15 CHF-123,223
19. Jun 19 Sell Derek Andersen Individual 17. Jun 19 17. Jun 19 -49,291 CHF13.75 CHF-677,523
19. Jun 19 Sell Jeremi Gorman Individual 17. Jun 19 17. Jun 19 -33,462 CHF13.77 CHF-460,666
19. Jun 19 Sell Jerry Hunter Individual 17. Jun 19 17. Jun 19 -70,702 CHF13.71 CHF-969,644
19. Jun 19 Sell Jared Grusd Individual 17. Jun 19 17. Jun 19 -30,875 CHF13.76 CHF-424,986
20. May 19 Sell Lara Sweet Individual 16. May 19 16. May 19 -1,059 CHF11.45 CHF-12,125
22. Feb 19 Sell Michael O'Sullivan Individual 19. Feb 19 19. Feb 19 -18,484 CHF9.32 CHF-172,249
19. Jan 19 Sell Jeremi Gorman Individual 16. Jan 19 16. Jan 19 -27,259 CHF5.71 CHF-155,596
19. Jan 19 Sell Lara Sweet Individual 16. Jan 19 16. Jan 19 -6,489 CHF5.71 CHF-37,043
19. Jan 19 Sell Jerry Hunter Individual 16. Jan 19 16. Jan 19 -14,828 CHF5.71 CHF-84,679
19. Jan 19 Sell Jared Grusd Individual 16. Jan 19 16. Jan 19 -25,244 CHF5.71 CHF-144,124
04. Dec 18 Sell Evan Spiegel Individual 03. Dec 18 03. Dec 18 -1,495,200 CHF6.41 CHF-9,586,939
20. Nov 18 Sell Jeremi Gorman Individual 16. Nov 18 16. Nov 18 -19,022 CHF6.46 CHF-122,944
20. Nov 18 Sell Lara Sweet Individual 16. Nov 18 16. Nov 18 -1,969 CHF6.49 CHF-12,773
20. Nov 18 Sell Michael O'Sullivan Individual 16. Nov 18 16. Nov 18 -27,868 CHF6.47 CHF-180,314
X
Management checks
We assess Snap's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Snap has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Snap Inc. operates as a camera company in the United States and internationally. The company offers Snapchat, a camera application that helps people to communicate through short videos and images. It also provides Camera, a tool to personalize and add context to Snaps; Friends Page that allows creating and watching stories, chatting with groups, making voice and video calls, and communicating through a range of contextual stickers and Bitmojis; and Discover that helps surfacing the stories and shows from publishers, creators, and the community, based on a user’s subscriptions and interests. In addition, the company offers Snap Map, which brings to a live map of individual location, showing nearby friends, popular stories, and a heatmap of recent snaps posted; Memories that allows users to choose to save the Snaps they create in a searchable personal collection, and users to create Snaps and stories from their saved Snaps and camera roll; and Spectacles, a hardware product that connects with Snapchat and captures video from a human perspective. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.

Details
Name: Snap Inc.
SNAP
Exchange: SWX
Founded: 2010
$19,933,492,390
1,399,969,947
Website: http://www.snap.com
Address: Snap Inc.
2772 Donald Douglas Loop North,
Santa Monica,
California, 90405,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE SNAP Class A Non-Voting Common Stock New York Stock Exchange US USD 02. Mar 2017
DB 1SI Class A Non-Voting Common Stock Deutsche Boerse AG DE EUR 02. Mar 2017
XTRA 1SI Class A Non-Voting Common Stock XETRA Trading Platform DE EUR 02. Mar 2017
LSE 0RNH Class A Non-Voting Common Stock London Stock Exchange GB USD 02. Mar 2017
SWX SNAP Class A Non-Voting Common Stock SIX Swiss Exchange CH CHF 02. Mar 2017
WBAG SNAP Class A Non-Voting Common Stock Wiener Boerse AG AT EUR 02. Mar 2017
BMV SNAP * Class A Non-Voting Common Stock Bolsa Mexicana de Valores MX MXN 02. Mar 2017
BASE SNAP CEDEAR EACH 1 REP 1 COM USD0.00001 Buenos Aires Stock Exchange AR ARS 12. Apr 2019
Number of employees
Current staff
Staff numbers
2,884
Snap employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/15 21:59
End of day share price update: 2019/11/14 00:00
Last estimates confirmation: 2019/11/01
Last earnings filing: 2019/10/23
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.