COMP <GO>
SNOW vs SHOP // EV/EBITDA & P/E VALUATION
Snowflake Inc. (NYSE) VS. Shopify Inc. Class A Subordinate Voting Shares (NASDAQ) • 15-METRIC TALLY: SNOW 3
— SHOP 8
■ METRIC PARITY
LAST: $306.08 (-7.32%) • MKT CAP: $116.52B
valuation
—
LAST: $157.49 (-5.63%) • MKT CAP: $216.26B
valuation
95.0x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SNOW VS. SHOP)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | SNOW | SHOP | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 67.20% | 48.10% | +19.10 | SNOW | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -12.20% | 6.70% | -18.90 | SHOP | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 95.0x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 0.96% | 0.93% | +0.03 | SNOW | /fcf-yield <GO> |
| Operating Margin | -30.60% | 12.70% | -43.30 | SHOP | /operating-margins <GO> |
| Net Profit Margin | -28.40% | 10.70% | -39.10 | SHOP | /net-margins <GO> |
| Revenue Growth (YoY) | 29.20% | 30.10% | -0.90 | SHOP | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 8.41 | 19.69 | -11.28 | SHOP | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 8/9 | -2.00 | SHOP | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 50.1 | 53.9 | -3.80 | SHOP | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.23 | 1.22 | +0.01 | SNOW | /macro-sensitivity <GO> |
| Forward P/E Multiple | 29.0x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $116.52B | $216.26B | -$99.74B | SHOP | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | SNOW REV | SHOP REV | SNOW GROSS % | SHOP GROSS % | SNOW FCF | SHOP FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.68B | $11.56B | 67.2% | 48.1% | $1.12B | $2.01B |
| FY 2024 | $3.63B | $8.88B | 66.5% | 50.4% | $913.5M | $1.60B |
| FY 2023 | $2.81B | $7.06B | — | — | $721.8M | $626.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
SNOW // BETA 1.23
SHOP // BETA 1.22