WallStSmart

nCino Inc (NCNO)vsSnowflake Inc. (SNOW)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Snowflake Inc. generates 773% more annual revenue ($5.43B vs $622.24M). NCNO leads profitability with a 5.4% profit margin vs -20.1%. NCNO earns a higher WallStSmart Score of 49/100 (D+).

NCNO

Hold

49

out of 100

Grade: D+

Growth: 8.0Profit: 4.5Value: 5.7Quality: 5.0
Piotroski: 5/9Altman Z: 1.20

SNOW

Avoid

33

out of 100

Grade: F

Growth: 8.0Profit: 2.0Value: 5.7Quality: 3.0
Piotroski: 3/9Altman Z: -1.08
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NCNOUndervalued (+69.3%)

Margin of Safety

+69.3%

Fair Value

$57.25

Current Price

$21.70

$35.55 discount

UndervaluedFair: $57.25Overvalued
SNOWUndervalued (+56.2%)

Margin of Safety

+56.2%

Fair Value

$408.16

Current Price

$331.02

$77.14 discount

UndervaluedFair: $408.16Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NCNO2 strengths · Avg: 9.0/10
EPS GrowthGrowth
147.6%10/10

Earnings expanding 147.6% YoY

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

SNOW2 strengths · Avg: 9.5/10
Revenue GrowthGrowth
35.1%10/10

Revenue surging 35.1% year-over-year

Market CapQuality
$116.07B9/10

Large-cap with strong market position

Areas to Watch

NCNO4 concerns · Avg: 2.5/10
Return on EquityProfitability
1.8%3/10

ROE of 1.8% — below average capital efficiency

Profit MarginProfitability
5.4%3/10

5.4% margin — thin

P/E RatioValuation
72.4x2/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.202/10

Distress zone — elevated risk

SNOW4 concerns · Avg: 3.0/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Debt/EquityHealth
1.293/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
8.282/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : NCNO

The strongest argument for NCNO centers on EPS Growth, Price/Book.

Bull Case : SNOW

The strongest argument for SNOW centers on Revenue Growth, Market Cap. Revenue growth of 35.1% demonstrates continued momentum.

Bear Case : NCNO

The primary concerns for NCNO are Return on Equity, Profit Margin, P/E Ratio. A P/E of 72.4x leaves little room for execution misses.

Bear Case : SNOW

The primary concerns for SNOW are EPS Growth, Debt/Equity, Piotroski F-Score.

Key Dynamics to Monitor

NCNO profiles as a value stock while SNOW is a hypergrowth play — different risk/reward profiles.

SNOW carries more volatility with a beta of 1.33 — expect wider price swings.

SNOW is growing revenue faster at 35.1% — sustainability is the question.

SNOW generates stronger free cash flow (84M), providing more financial flexibility.

Bottom Line

NCNO scores higher overall (49/100 vs 33/100). SNOW offers better value entry with a 56.2% margin of safety. Both earn "Hold" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

nCino Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

nCino, Inc., a software as a service company, provides cloud-based software applications for financial institutions in the United States and internationally. The company is headquartered in Wilmington, North Carolina.

Snowflake Inc.

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company is headquartered in San Mateo, California.

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