Snap-on Valuation

Is SNA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SNA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SNA ($357.06) is trading below our estimate of fair value ($392.84)

Significantly Below Fair Value: SNA is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for SNA?

Key metric: As SNA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SNA. This is calculated by dividing SNA's market cap by their current earnings.
What is SNA's PE Ratio?
PE Ratio18x
EarningsUS$1.04b
Market CapUS$18.75b

Price to Earnings Ratio vs Peers

How does SNA's PE Ratio compare to its peers?

The above table shows the PE ratio for SNA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.8x
PNR Pentair
26.2x11.2%US$17.5b
IEX IDEX
35.2x14.6%US$17.3b
GGG Graco
31.1x8.8%US$15.1b
NDSN Nordson
30.8x11.2%US$14.6b
SNA Snap-on
18x1.3%US$18.7b

Price-To-Earnings vs Peers: SNA is good value based on its Price-To-Earnings Ratio (18x) compared to the peer average (30.8x).


Price to Earnings Ratio vs Industry

How does SNA's PE Ratio compare vs other companies in the US Machinery Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AIRJ AirJoule Technologies
1.8xn/aUS$411.62m
CVGI Commercial Vehicle Group
2.9x-46.6%US$80.23m
FATH Fathom Digital Manufacturing
2.6xn/aUS$35.24m
ZEVY Lightning eMotors
n/an/aUS$6.00
No more companies available in this PE range
SNA 18.0xIndustry Avg. 24.1xNo. of Companies9PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SNA is good value based on its Price-To-Earnings Ratio (18x) compared to the US Machinery industry average (24.1x).


Price to Earnings Ratio vs Fair Ratio

What is SNA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SNA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18x
Fair PE Ratio19.3x

Price-To-Earnings vs Fair Ratio: SNA is good value based on its Price-To-Earnings Ratio (18x) compared to the estimated Fair Price-To-Earnings Ratio (19.3x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SNA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$357.06
US$324.50
-9.1%
14.5%US$385.00US$237.00n/a8
Nov ’25US$330.29
US$324.50
-1.8%
14.5%US$385.00US$237.00n/a8
Oct ’25US$287.99
US$287.12
-0.3%
12.1%US$336.00US$233.00n/a8
Sep ’25US$283.74
US$287.12
+1.2%
12.1%US$336.00US$233.00n/a8
Aug ’25US$278.98
US$287.12
+2.9%
12.1%US$336.00US$233.00n/a8
Jul ’25US$256.90
US$289.29
+12.6%
12.7%US$336.00US$233.00n/a7
Jun ’25US$272.86
US$288.13
+5.6%
12.1%US$336.00US$231.00n/a8
May ’25US$267.74
US$288.13
+7.6%
12.1%US$336.00US$231.00n/a8
Apr ’25US$294.63
US$280.67
-4.7%
14.6%US$336.00US$210.00n/a9
Mar ’25US$277.30
US$276.78
-0.2%
15.5%US$336.00US$210.00n/a9
Feb ’25US$290.05
US$278.67
-3.9%
15.9%US$336.00US$210.00n/a9
Jan ’25US$288.84
US$278.00
-3.8%
15.8%US$336.00US$210.00n/a9
Dec ’24US$279.86
US$277.50
-0.8%
16.8%US$336.00US$210.00n/a8
Nov ’24US$260.52
US$277.50
+6.5%
16.8%US$336.00US$210.00US$330.298
Oct ’24US$255.06
US$265.23
+4.0%
19.7%US$336.00US$190.00US$287.9910
Sep ’24US$270.52
US$264.43
-2.3%
19.3%US$328.00US$190.00US$283.7410
Aug ’24US$275.00
US$264.43
-3.8%
19.3%US$328.00US$190.00US$278.9810
Jul ’24US$288.19
US$252.83
-12.3%
17.5%US$328.00US$190.00US$256.9010
Jun ’24US$252.67
US$249.23
-1.4%
16.3%US$302.00US$190.00US$272.8610
May ’24US$262.45
US$247.23
-5.8%
15.6%US$302.00US$190.00US$267.7410
Apr ’24US$246.89
US$240.33
-2.7%
15.9%US$302.00US$185.00US$294.6310
Mar ’24US$247.29
US$238.22
-3.7%
16.7%US$302.00US$185.00US$277.309
Feb ’24US$250.37
US$229.56
-8.3%
17.4%US$298.00US$175.00US$290.059
Jan ’24US$228.49
US$227.33
-0.5%
18.3%US$298.00US$170.00US$288.849
Dec ’23US$242.14
US$229.60
-5.2%
17.5%US$298.00US$170.00US$279.8610
Nov ’23US$221.87
US$227.00
+2.3%
17.5%US$298.00US$170.00US$260.5210

Analyst Forecast: Target price is lower than the current share price.


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