Snap-on
Market Cap
US$8.6b
Last Updated
2019/09/20 23:41 UTC
Data Sources
Company Financials +
Executive Summary
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide.
Snowflake
Fundamentals
Flawless balance sheet with proven track record and pays a dividend.
Similar Companies
Share Price & News
How has Snap-on's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-4.1%
SNA
-1.9%
US Machinery
-0.2%
US Market
1 Year Return
-17.4%
SNA
-6.8%
US Machinery
1.1%
US Market
SNA underperformed the Machinery industry which returned -6.8% over the past year.
SNA underperformed the Market in United States of America which returned 1.1% over the past year.
Share holder returns
| SNA | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.1% | -1.9% | -0.2% |
| 30 Day | 5.0% | 6.4% | 2.5% |
| 90 Day | -3.8% | -1.2% | 1.6% |
| 1 Year | -15.4%-17.4% | -4.8%-6.8% | 3.4%1.1% |
| 3 Year | 9.1%2.6% | 49.2%39.5% | 45.2%35.8% |
| 5 Year | 40.1%27.9% | 55.2%36.1% | 62.6%44.8% |
Price Volatility Vs. Market
How volatile is Snap-on's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Can Snap-on Incorporated's (NYSE:SNA) ROE Continue To Surpass The Industry Average?1 week ago | Simply Wall St
Why Snap-on Incorporated’s (NYSE:SNA) Return On Capital Employed Is ImpressiveValuation
Is Snap-on undervalued based on future cash flows and its price relative to the stock market?
4%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Snap-on's share price is below the future cash flow value, but not at a moderate discount (< 20%).
Snap-on's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Snap-on is good value based on earnings compared to the US Machinery industry average.
Snap-on is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
Snap-on is poor value based on expected growth next year.
Price Based on Value of Assets
Snap-on is overvalued based on assets compared to the US Machinery industry average.
Next Steps
Future Growth
How is Snap-on expected to perform in the next 1 to 3 years based on estimates from 9 analysts?
3.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Snap-on's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).
Snap-on's earnings are expected to grow by 3% yearly, however this is not considered high growth (20% yearly).
Snap-on's revenue growth is positive but not above the United States of America market average.
Snap-on's earnings growth is positive but not above the United States of America market average.
Snap-on's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Snap-on will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Snap-on performed over the past 5 years?
11.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Snap-on's year on year earnings growth rate has been positive over the past 5 years.
Snap-on's 1-year earnings growth exceeds its 5-year average (15.3% vs 11.1%)
Snap-on's earnings growth has not exceeded the US Machinery industry average in the past year (15.3% vs 18.7%).
Return on Equity
Snap-on has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
Return on Assets
Snap-on used its assets more efficiently than the US Machinery industry average last year based on Return on Assets.
Return on Capital Employed
Snap-on's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Snap-on's financial position?
Financial Position Analysis
Snap-on is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Snap-on's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Snap-on's level of debt (33.7%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (39.9% vs 33.7% today).
Debt is well covered by operating cash flow (62%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 19.8x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 2.1x debt.
Next Steps
Dividend
What is Snap-on's current dividend yield, its reliability and sustainability?
2.56%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Snap-on's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
Snap-on's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Dividends per share have been stable in the past 10 years.
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Snap-on's salary, the management and board of directors tenure and is there insider trading?
3.5yrs
Average management tenure
CEO
Nicholas Pinchuk (72yo)
11.8yrs
Tenure
US$8,896,358
Compensation
Mr. Nicholas T. Pinchuk, also known as Nick, 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 Co ...
CEO Compensation Analysis
Nicholas's remuneration is higher than average for companies of similar size in United States of America.
Nicholas's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
3.5yrs
Average Tenure
65yo
Average Age
The tenure for the Snap-on management team is about average.
Board Age and Tenure
9.6yrs
Average Tenure
65.5yo
Average Age
The tenure for the Snap-on board of directors is about average.
Insider Trading
Snap-on individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Head of Human Resources Senior VP of Human Resources & Chief Development Officer |
| Shares | 2,800 |
| Max Price | US$150.40 |
| Entity | Individual |
| Shares | 32,957 |
| Max Price | US$162.13 |
| Entity | Individual |
| Role | Senior Key Executive Senior VP and President of Repair Systems & Information Group |
| Shares | 3,936 |
| Max Price | US$162.35 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 387 |
| Max Price | US$157.19 |
Ownership Breakdown
Management Team
Nicholas Pinchuk (72yo)
Chairman
- Tenure: 11.8yrs
- Compensation: US$8.90m
Tom Ward (66yo)
Senior VP and President of Repair Systems & Information Group
- Tenure: 14.7yrs
- Compensation: US$2.91m
Tim Chambers
Senior VP & President of Snap-on Tools Group
- Tenure: 0.6yrs
Aldo Pagliari (64yo)
Senior VP of Finance & CFO
- Tenure: 9.5yrs
- Compensation: US$2.75m
Anup Banerjee (68yo)
Senior VP of Human Resources & Chief Development Officer
- Tenure: 4.1yrs
- Compensation: US$2.35m
Samuel Bottum
Chief Marketing Officer & VP
- Tenure: 3.5yrs
Richard Strege (61yo)
Principal Accounting Officer
- Tenure: 2.3yrs
June Lemerand (56yo)
VP & Chief Information Officer
- Tenure: 2.3yrs
Sara Verbsky
Vice President of Investor Relations
- Tenure: 0.8yrs
Richard Miller
VP, General Counsel & Secretary
- Tenure: 0yrs
Board Members
James Holden (67yo)
Lead Director
- Tenure: 10.6yrs
- Compensation: US$300.56k
Don Stebbins (61yo)
Director
- Tenure: 4.7yrs
- Compensation: US$231.31k
Ruth Ann Gillis (64yo)
Director
- Tenure: 5.2yrs
- Compensation: US$238.81k
Henry Knueppel (70yo)
Director
- Tenure: 8yrs
- Compensation: US$249.90k
Nathan Jones (63yo)
Director
- Tenure: 11.2yrs
- Compensation: US$286.46k
Nicholas Pinchuk (72yo)
Chairman
- Tenure: 11.8yrs
- Compensation: US$8.90m
Gregg Sherrill (66yo)
Director
- Tenure: 8.8yrs
- Compensation: US$256.50k
Karen Daniel (61yo)
Director
- Tenure: 13.8yrs
- Compensation: US$291.11k
W. Lehman (67yo)
Director
- Tenure: 16.3yrs
- Compensation: US$283.61k
Dave Adams (65yo)
Director
- Tenure: 3.3yrs
- Compensation: US$231.31k
Company Information
Snap-on Incorporated's company bio, 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$8.597b
- Shares outstanding: 55.21m
- Website: https://www.snapon.com
Number of Employees
Location
- Snap-on Incorporated
- 2801 80th Street
- Kenosha
- Wisconsin
- 53143
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SNA | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Feb 1978 |
| SPU | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 1978 |
| 0L7G | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Feb 1978 |
Biography
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial and Industrial Gro ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/20 23:41 |
| End of Day Share Price | 2019/09/20 00:00 |
| Earnings | 2019/06/29 |
| Annual Earnings | 2018/12/29 |
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.