Action Calls: SNAP Inc. (SNAP) v2

Top Short Play (Short Sell multi-factor Quant “Smart” Screen)

Sell: SNAP Inc. (SNAP)

Recent price: $14.34

 

Snap Inc. (SNAP) recent price $14.34: operates as a camera company. It offers Snapchat, a camera application that helps people to communicate through short videos and images. The company also provides a suite of content tools for partners to build, edit, and publish snaps and attachments based on editorial content; and Spectacles, which are sunglasses that capture video from a human perspective.

Overvalued to Group valuation: on P/S

Name

Display RIC

Last PE Est. PE EPS Ccy DPS Ccy Div. Yld (%) ROE (%) P/Book P/Sales Mcap 
  Snap Inc 14.34 c -22.63 -0.44 USD -45.08 11.30 42.44 17.17B
Sector average (Mean) 69.17 -21.00 -0.17 USD 0.00 USD 0.00 -217.27 12.23 25.45 686.82M
Sector median 54.65 -20.36 -0.08 USD 0.00 USD 0.00 -47.74 7.28 5.27 1.70M

 

And on ntm estimates .

SNAP Peers
LTM NTM 11-Oct-17 NTM
PE 27.20
EV/EBITDA 13.86
Div Yield 0.00% 0.12%
EV/Sales 22.98 9.69 4.62
P/CF 18.98
P/B 4.96 7.67 4.27

 

Misses last quarter on key growth metrics

ARPU -9% vs estimate in key North American market

DAU y/y growth decay from 36% in q/1 to 21% projects to impending flattening to low growth in just  2 years.

Low institutional demand due to control issues limit important source of new investment demand

Facebook competition may significantly curtail long term growth

 

 

SHORTS – Week of September 28, 2017

September 28, 2017 By Senior Analyst

Ticker Name Sector Price PriceToFCF PriceTo Sales Price To EPS ROx Value Growth Momentum Insider Analysts
SNAP Snap Inc Technology 14.12 NA 26.6 NA 0 58 77 40 0 13
TSRO TESARO Inc Healthcare 120.1 NA 158.4 NA 1 61 71 22 0 16
BATRK Liberty Braves Group Cyclical Consumer Goods Services 25.98 NA 89.7 NA 4 23 42 69 0 1
EXAS EXACT Sciences Corporation Healthcare 47.08 NA 32.2 NA 4 16 96 96 0 51
APC Anadarko Petroleum Corporation Energy 49.06 NA 2.8 NA 5 70 66 51 0 23
TSLA Tesla Inc Cyclical Consumer Goods Services 340.97 NA 5.7 NA 5 38 93 95 0 50
SGEN Seattle Genetics Inc. Healthcare 53.37 NA 17.5 NA 5 43 65 40 0 51
ERIC Telefonaktiebolaget LM Ericsson Technology 5.66 43 0.7 NA 7 61 0 27 0 7
PXD Pioneer Natural Resources Energy 149.58 NA 5.1 108.3 16 39 70 21 0 14
E Eni SpA (ADR) Energy 32.95 NA 0.8 NA 19 76 25 50 0 2

 

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Singular Staff