sharpfokus
  • Files1
  • ADMF
  • AVIA
  • BBTN
  • BNII
  • ITMG
  • MEGA
  • MPMX
  • MTEL
  • NISP
  • VICI
  • WOMF4
  • Home
  • CVX
  • FB
  • MAR
  • TSN
  • TWTR
  • Presents
  • Kenny
  • Ranks
  • Palmweekly
  • WEHA
  • stockbit
  • TIRA
Picture
Other stocks here

SNAP looking sharper …as Cashflow triples
​Current 25 Target 43 +77%

WATCH THE VIDEO
February 4 2022
1 minute read

Sales grew 22%
  • Sales grew 22% in the fourth quarter to 1,298 million dollars vs our 1,334 million dollars forecast.
  • This brings the quarterly average to 11% growth.
  • We predict average growth of 6% in this next 12 months to bring sales to 1,602 million dollars in the fourth quarter of 2022.
​
Costs down profit turns positive
  • The cash cost ratio went from -86% to -77% profit turned positive from -72 to 23 million dollars in the fourth quarter.
  • The average cost ratio is at -90% now.
  • We use an -82% cost ratio to predict a 19 million dollars profit in the fourth quarter of 2022.
​
Cashflow tripled
  • Free cashflow trilpled from 52 to 161 million dollars in the fourth quarter with -25 million dollars investment Cashflow.
  • Average quarterly Cashflow is at 56 million dollars now.
  • We assume the same -25 million dollars investment spending which with higher sales gives a 267 million dollars Cashflow in the fourth quarter of 2022.
​
Balance sheet higher leverage
  • Cash increased 1,972 to 1,994 million dollars in the fourth quarter.
  • Liabilities increased 3,671 to 3,746 million dollars so net cash worsened slightly -1,699 to -1,752 million dollars.
  • With our forecast cashflow & a -6 million dollars equity payout -695 million dollars liabilities payment net cash will be -900 million dollars in 12 months time.
​
Valuation, a 77% higher target price
  • SNAP capital raised from the last 24 quarters worsened slightly -6,606 to -6,609 million dollars in the third quarter​ with 3 million dollars new equity but will be -5,909 million dollars in12 months time.
  • At the current market value of 39,440 million dollars based on our forecasts it’s at 6 X assets with a 6 years payback & a 0% yield.
  • Our cashflow forecast is 873 million dollars which means an 45 X valuation. An 80 X valuation gives a 77% higher target price of 43 dollars.
MODEL, DATA & CHARTS
  • Files1
  • ADMF
  • AVIA
  • BBTN
  • BNII
  • ITMG
  • MEGA
  • MPMX
  • MTEL
  • NISP
  • VICI
  • WOMF4
  • Home
  • CVX
  • FB
  • MAR
  • TSN
  • TWTR
  • Presents
  • Kenny
  • Ranks
  • Palmweekly
  • WEHA
  • stockbit
  • TIRA