| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
SNA Overview
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide.
Snap-on Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$214.59 |
| 52 Week High | US$142.15 |
| 52 Week Low | US$259.99 |
| Beta | 1.28 |
| 1 Month Change | -4.56% |
| 3 Month Change | -3.26% |
| 1 Year Change | 51.08% |
| 3 Year Change | 16.88% |
| 5 Year Change | 41.22% |
| Change since IPO | 875.41% |
Recent News & Updates
Shareholder Returns
| SNA | US Machinery | US Market | |
|---|---|---|---|
| 7D | 0.5% | -0.06% | 0.1% |
| 1Y | 51.1% | 37.4% | 35.3% |
Return vs Industry: SNA exceeded the US Machinery industry which returned 37.4% over the past year.
Return vs Market: SNA exceeded the US Market which returned 35.3% over the past year.
Price Volatility
| SNA volatility | |
|---|---|
| SNA Beta | 1.28 |
| Industry Beta | 1.25 |
| Market Beta | 1 |
Stable Share Price: SNA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SNA's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1920 | 12,300 | Nicholas Pinchuk | https://www.snapon.com |
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. The company offers hand tools, including wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools; and tool storage products comprising tool chests, roll cabinets, and other products.
Snap-on Fundamentals Summary
| SNA fundamental statistics | |
|---|---|
| Market Cap | US$11.58b |
| Earnings (TTM) | US$789.20m |
| Revenue (TTM) | US$4.48b |
14.7x
P/E Ratio2.6x
P/S RatioIs SNA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SNA income statement (TTM) | |
|---|---|
| Revenue | US$4.48b |
| Cost of Revenue | US$2.07b |
| Gross Profit | US$2.32b |
| Expenses | US$1.53b |
| Earnings | US$789.20m |
Last Reported Earnings
Jul 03, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 14.62 |
| Gross Margin | 51.75% |
| Net Profit Margin | 17.63% |
| Debt/Equity Ratio | 36.0% |
How did SNA perform over the long term?
See historical performance and comparisonDividends
2.3%
Current Dividend Yield33%
Payout RatioValuation
Is Snap-on undervalued compared to its fair value and its price relative to the market?
19.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SNA ($214.59) is trading below our estimate of fair value ($266.82)
Significantly Below Fair Value: SNA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SNA is good value based on its PE Ratio (14.7x) compared to the US Machinery industry average (29.4x).
PE vs Market: SNA is good value based on its PE Ratio (14.7x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: SNA is poor value based on its PEG Ratio (6.5x)
Price to Book Ratio
PB vs Industry: SNA's PB Ratio (2.9x) is in line with the US Machinery industry average.
Future Growth
How is Snap-on forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
2.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNA's forecast earnings growth (2.3% per year) is above the savings rate (2%).
Earnings vs Market: SNA's earnings (2.3% per year) are forecast to grow slower than the US market (14.8% per year).
High Growth Earnings: SNA's earnings are forecast to grow, but not significantly.
Revenue vs Market: SNA's revenue (2.6% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: SNA's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SNA's Return on Equity is forecast to be low in 3 years time (16.1%).
Past Performance
How has Snap-on performed over the past 5 years?
5.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SNA has high quality earnings.
Growing Profit Margin: SNA's current net profit margins (17.6%) are higher than last year (15.2%).
Past Earnings Growth Analysis
Earnings Trend: SNA's earnings have grown by 5.4% per year over the past 5 years.
Accelerating Growth: SNA's earnings growth over the past year (37.3%) exceeds its 5-year average (5.4% per year).
Earnings vs Industry: SNA earnings growth over the past year (37.3%) exceeded the Machinery industry 22.1%.
Return on Equity
High ROE: SNA's Return on Equity (20.1%) is considered high.
Financial Health
How is Snap-on's financial position?
Financial Position Analysis
Short Term Liabilities: SNA's short term assets ($3.1B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: SNA's short term assets ($3.1B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: SNA's debt to equity ratio (36%) is considered satisfactory.
Reducing Debt: SNA's debt to equity ratio has increased from 34.2% to 36% over the past 5 years.
Debt Coverage: SNA's debt is well covered by operating cash flow (75.8%).
Interest Coverage: SNA's interest payments on its debt are well covered by EBIT (20x coverage).
Balance Sheet
Dividend
What is Snap-on current dividend yield, its reliability and sustainability?
2.29%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SNA's dividend (2.29%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: SNA's dividend (2.29%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: SNA's dividends per share have been stable in the past 10 years.
Growing Dividend: SNA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.7%), SNA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SNA's dividends in 3 years are forecast to be well covered by earnings (36.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.5yrs
Average management tenure
CEO
Nicholas Pinchuk (74 yo)
13.75yrs
Tenure
US$7,933,529
Compensation
Mr. Nicholas T. Pinchuk has been the Chief Executive Officer at Snap-on Inc. since December 2007 and its President since April 2007. Mr. Pinchuk served as the President of Worldwide Commercial and Industri...
CEO Compensation Analysis
Compensation vs Market: Nicholas's total compensation ($USD7.93M) is below average for companies of similar size in the US market ($USD11.36M).
Compensation vs Earnings: Nicholas's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SNA's management team is seasoned and experienced (5.5 years average tenure).
Board Members
Experienced Board: SNA's board of directors are seasoned and experienced ( 11.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SNA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Snap-on Incorporated's employee growth, exchange listings and data sources
Key Information
- Name: Snap-on Incorporated
- Ticker: SNA
- Exchange: NYSE
- Founded: 1920
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$11.582b
- Shares outstanding: 53.97m
- Website: https://www.snapon.com
Number of Employees
Location
- Snap-on Incorporated
- 2801 80th Street
- Kenosha
- Wisconsin
- 53143
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/25 22:18 |
| End of Day Share Price | 2021/09/24 00:00 |
| Earnings | 2021/07/03 |
| Annual Earnings | 2021/01/02 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.