Snail, Inc. Class A Common Stock (SNAL) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+106.1%

$4.49

vs $2.18 price

Levered DCF

$0.57

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

-0.51

Distress zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-1.22×	37.35×	-4.84×	56.98×	9.78×	2.71×	-5.92×
P/B	-2.04×	7.08×	5.34×	3.64×	5.33×	2.11×	0×
P/S	0.41×	0.81×	0.73×	0.73×	0.78×	0.66×	0.96×
EV / EBITDA	-3.16×	19.57×	-5.41×	8.09×	3.5×	1.42×	2.86×
Gross margin	27.3%	35.8%	20.0%	28.6%	40.3%	46.1%	9.5%
Operating margin	-19.4%	4.6%	-16.9%	-2.2%	7.8%	24.0%	-18.2%
Net margin	-33.5%	2.2%	-14.9%	1.3%	7.9%	24.6%	-16.2%
Current ratio	0.62×	0.86×	0.79×	0.83×	0.85×	0.94×	0×
Debt / equity	-1.17×	0.75×	1.79×	1.48×	1.2×	0.46×	0×
Interest coverage	-23.83×	5.38×	-6.72×	-1.74×	19.58×	52.81×	-10.29×
Dividend yield	0.0%	0.0%	0.0%	15.2%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	865.2%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	166.3%	18.9%	-109.5%	6.4%	54.3%	78.0%	0.0%
Return on invested capital	-104.6%	8.7%	-24.7%	3.0%	17.8%	34.9%	0.0%
Return on assets	-45.9%	2.9%	-10.0%	1.3%	10.6%	24.8%	0.0%
Free cash flow yield	-3.5%	-2.3%	1.1%	-6.2%	13.1%	58.4%	60.0%
Earnings yield	-81.7%	2.7%	-20.5%	1.8%	10.2%	37.0%	-16.8%
Enterprise value	$43.9M	$68.4M	$44M	$62.3M	$91.5M	$73.4M	$83M
Net debt / EBITDA	-0.76×	-0.02×	0.04×	1.06×	0.32×	-0.19×	0×
Cash conversion cycle (days)	-97	-80	-112	-113	49	-92	101