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Snap-On Inc Stock Research

SNA

237.25USD+0.89(+0.38%)Market Closed

Market Summary

USD237.25+0.89
Market Closed
0.38%

SNA Alerts

SNA Stock Price

SNA RSI Chart

SNA Valuation

Market Cap

12.6B

Price/Earnings (Trailing)

13.84

Price/Sales (Trailing)

2.61

EV/EBITDA

8.98

Price/Free Cashflow

18.69

SNA Price/Sales (Trailing)

SNA Profitability

EBT Margin

24.83%

Return on Equity

20.34%

Return on Assets

13.08%

Free Cashflow Yield

5.35%

SNA Fundamentals

SNA Revenue

Revenue (TTM)

4.8B

Revenue Y/Y

4.1%

Revenue Q/Q

4.57%

SNA Earnings

Earnings (TTM)

911.7M

Earnings Y/Y

6.79%

Earnings Q/Q

6.7%

Price Action

52 Week Range

187.61259.78
(Low)(High)

Last 7 days

-4.3%

Last 30 days

-7.4%

Last 90 days

2.6%

Trailing 12 Months

19.0%

SNA Financial Health

Current Ratio

3.47

SNA Investor Care

Dividend Yield

2.48%

Dividend/Share (TTM)

5.88

Buy Backs (1Y)

1.12%

Diluted EPS (TTM)

16.82

Peers (Alternatives to Snap-On)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
116.4B
55.7B
-5.98% 1.14%
14.22
2.09
25.13% 45.08%
32.7B
28.1B
-7.37% 18.51%
14.99
1.17
16.87% 0.88%
20.1B
8.5B
-9.87% -7.45%
18.83
2.36
7.60% -5.20%
12.6B
4.8B
-7.36% 18.99%
13.84
2.61
5.23% 11.12%
11.6B
16.9B
-10.60% -44.87%
8.3
0.68
10.90% -89.32%
MID-CAP
9.4B
3.8B
-6.26% 27.12%
19.86
2.49
16.30% 70.81%
5.5B
2.0B
-8.25% 13.14%
21.78
2.77
9.41% 51.78%
5.0B
1.6B
-10.22% -25.56%
208.36
3.1
22.36% -59.93%
3.4B
2.2B
-6.48% -6.64%
25.64
1.55
15.93% 10.39%
2.2B
2.0B
-6.48% -5.13%
16.92
1.06
3.22% 2.22%
SMALL-CAP
1.2B
883.8M
-9.51% -13.58%
17.54
1.31
3.12% 15.46%
1.1B
130.1M
-7.57% -12.65%
44.6
8.58
3.13% -2.87%
1.0B
935.8M
-3.82% -14.83%
22.16
1.1
11.48% 69.08%
103.3M
279.3M
-27.40% -32.41%
8.4
0.37
13.28% 31.58%
79.2M
258.1M
0.59% 44.10%
6.9
0.31
7.99% 18.99%

Financials for Snap-On

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.0%4,8434,7944,7294,6744,602
  R&D Expenses-61.00----
EBITDA1.4%1,3211,3041,2781,276-
EBITDA Margin0.3%0.27*0.27*0.27*0.27*-
Earnings Before Taxes1.6%1,2031,1841,1551,1211,087
EBT Margin0.5%0.25*0.25*0.24*0.24*-
Interest Expenses1.5%47.0046.0048.0050.0053.00
Net Income1.7%912897869845821
Net Income Margin0.7%0.19*0.19*0.18*0.18*-
Free Cahsflow-1.8%675687744841-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.0%6,9736,8366,8646,8956,760
  Current Assets3.0%3,3693,2703,2313,2363,053
    Cash Equivalents-0.3%757759813861780
  Inventory8.2%1,033955893864804
  Goodwill3.4%1,0451,0111,0461,0781,117
Liabilities-1.1%2,4692,4962,5182,5752,556
  Current Liabilities-2.2%9729949861,024982
    LT Debt, Non Current0.0%1,1841,1841,1831,1831,183
Shareholder's Equity3.8%4,4814,3174,3474,3214,182
  Retained Earnings2.5%6,2966,1445,9965,8415,700
  Additional Paid-In Capital1.3%500494488475473
Shares Outstanding-0.2%53.0053.0053.00--
Minority Interest-0.4%22.0022.0022.0022.0022.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-1.8%675687744841967
  Share Based Compensation0.9%34.0034.0035.0038.0041.00
Cashflow From Investing-27.2%-206-162-133-89.80-290
Cashflow From Financing1.7%-485-493-758-794-818
  Dividend Payments3.3%313303294285276
  Buy Backs-4.9%198208225308431

Risks for SNA

What is the probability of a big loss on SNA?

49.6%


Probability that Snap-On stock will be more than 20% underwater in next one year

19.2%


Probability that Snap-On stock will be more than 30% underwater in next one year.

18.5%


Probability that Snap-On stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SNA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Snap-On was unfortunately bought at previous high price.

Drawdowns

Returns for SNA

Cumulative Returns on SNA

13.5%


10-Year Cumulative Returns

8.5%


7-Year Cumulative Returns

11.8%


5-Year Cumulative Returns

26.3%


3-Year Cumulative Returns

What are the long-term rolling returns for SNA?

FIve years rolling returns for Snap-On.

Annualized Returns

Which funds bought or sold SNA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
16.75
114,758
469,758
0.01%
2023-03-13
Claro Advisors LLC
added
34.6
215,929
600,929
0.20%
2023-03-10
BAILLIE GIFFORD & CO
unchanged
-
2,650
19,650
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
3.22
8,988,920
61,467,900
0.07%
2023-03-06
Rockefeller Capital Management L.P.
added
1.54
323,000
2,451,000
0.01%
2023-03-03
TIAA, FSB
reduced
-9.62
39,831
1,597,830
0.01%
2023-03-01
Regal Investment Advisors LLC
added
0.08
33,790
283,790
0.03%
2023-02-28
Voya Investment Management LLC
reduced
-14.01
-307,899
12,382,100
0.02%
2023-02-24
National Pension Service
unchanged
-
510,894
4,536,900
0.01%
2023-02-24
NATIXIS
reduced
-22.99
-94,459
647,541
-%

1–10 of 49

Latest Funds Activity

Are funds buying SNA calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SNA
No. of Funds

Snap-On News

MarketBeat

Snap-on Incorporated (NYSE:SNA) Stock Holdings Decreased by ....

MarketBeat,
18 hours ago

Marketscreener.com

Marketscreener.com

Snap On Incorporated : Q4 2022 Transcript.

Marketscreener.com,
18 days ago

Schedule 13G FIlings of Snap-On

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
12.47%
6,628,609
SC 13G/A
Jan 25, 2023
blackrock inc.
9.0%
4,759,125
SC 13G/A
Feb 10, 2022
vanguard group inc
11.81%
6,321,416
SC 13G/A
Feb 01, 2022
blackrock inc.
8.9%
4,766,070
SC 13G/A
Feb 10, 2021
vanguard group inc
11.55%
6,262,228
SC 13G/A
Feb 03, 2021
managed account advisors llc
2.6%
1,395,697
SC 13G/A
Feb 01, 2021
blackrock inc.
7.9%
4,281,563
SC 13G/A
Feb 12, 2020
managed account advisors llc
5.1%
2,793,972
SC 13G
Feb 12, 2020
vanguard group inc
11.34%
6,223,315
SC 13G/A
Feb 06, 2020
blackrock inc.
8.3%
4,544,393
SC 13G/A

SNA Fair Value

Snap-On fair value in different scenarios

The table shows the Fair Value estimates for Snap-On for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

195.80

-17.47%

288.81

21.73%

343.92

44.96%

417.16

75.83%

491.30

107.08%
Current Inflation

165.32

-30.32%

222.77

-6.10%

281.69

18.73%

346.31

45.97%

398.98

68.17%
Very High Inflation

163.19

-31.22%

226.53

-4.52%

259.80

9.50%

309.29

30.36%

357.56

50.71%

Historical Snap-On Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Snap-On

View All Filings
Date Filed Form Type Document
Mar 10, 2023
ARS
ARS
Mar 10, 2023
DEF 14A
DEF 14A
Mar 08, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Feb 13, 2023
4
Insider Trading
Feb 13, 2023
4
Insider Trading
Feb 13, 2023
4
Insider Trading
Feb 13, 2023
4
Insider Trading
Feb 13, 2023
4
Insider Trading
Feb 13, 2023
4
Insider Trading

Latest Insider Trading transactions for SNA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-08
Daniel Karen L
sold
-502,057
245
-2,046
-
2023-03-03
Lemerand June C
sold
-528,036
249
-2,120
vp & chief information officer
2023-03-03
Lemerand June C
acquired
312,068
147
2,120
vp & chief information officer
2023-02-10
LEHMAN WILLIAM DUDLEY
sold
-90,111
248
-363
-
2023-02-09
Ward Thomas J
acquired
-
-
4,462
sr vp & president - rs&i group
2023-02-09
Arregui Jesus
sold (taxes)
-238,542
249
-957
sr vp & president - commercial
2023-02-09
Chambers Timothy L
sold (taxes)
-296,619
249
-1,190
sr vp & pres - tools
2023-02-09
Sherrill Gregg M
acquired
-
-
640
-
2023-02-09
Chambers Timothy L
acquired
-
-
2,530
sr vp & pres - tools
2023-02-09
Arregui Jesus
acquired
-
-
2,530
sr vp & president - commercial

1–10 of 50

Nicholas T. Pinchuk
12800
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. It also provides handheld and computer-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics. In addition, the company offers solutions for the service of vehicles and industrial equipment that include wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane equipment, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists, as well as after-sales support services and training programs. Further, it provides financing programs to facilitate the sales of its products and support its franchise business. The company serves the aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation, and technical education industries, as well as vehicle dealerships and repair centers. Snap-on Incorporated was founded in 1920 and is based in Kenosha, Wisconsin.

SNA Income Statement

2022-10-01
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Net sales$ 1,189.8$ 1,125.0$ 3,598.3$ 3,406.5
Operating earnings289.9271.9895.3824.1
Interest expense(11.8)(13.2)(35.1)(41.8)
Other income (expense) – net13.13.730.711.4
Earnings before income taxes and equity earnings291.2262.4890.9793.7
Income tax expense(61.7)(60.9)(201.5)(182.9)
Earnings before equity earnings229.5201.5689.4610.8
Equity earnings, net of tax0.00.00.01.5
Net earnings229.5201.5689.4612.3
Net earnings attributable to noncontrolling interests(5.6)(5.3)(16.6)(15.5)
Net earnings attributable to Snap-on Incorporated$ 223.9$ 196.2$ 672.8$ 596.8
Net earnings per share attributable to Snap-on Incorporated:    
Basic (in dollars per share)$ 4.21$ 3.65$ 12.62$ 11.05
Diluted (in dollars per share)$ 4.14$ 3.57$ 12.41$ 10.83
Weighted-average shares outstanding:    
Basic (in shares)53,212,75153,815,09153,307,24154,016,988
Effect of dilutive securities (in shares)937,0261,061,678926,2911,083,808
Diluted (in shares)54,149,77754,876,76954,233,53255,100,796
Dividends declared per common share (in dollars per share)$ 1.42$ 1.23$ 4.26$ 3.69
Total net sales    
Net sales$ 1,102.5$ 1,037.7$ 3,336.9$ 3,143.7
Cost of goods sold(569.9)(517.0)(1,716.5)(1,566.3)
Gross profit532.6520.71,620.41,577.4
Operating expenses(309.1)(319.4)(927.2)(958.1)
Operating earnings223.5201.3693.2619.3
Financial services revenue    
Net sales87.387.3261.4262.8
Cost of goods sold(20.9)(16.7)(59.3)(58.0)
Operating earnings$ 66.4$ 70.6$ 202.1$ 204.8

SNA Balance Sheet

2022-10-01
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Oct. 01, 2022
Jan. 01, 2022
Current assets:  
Cash and cash equivalents$ 759.3$ 780.0
Trade and other accounts receivable – net739.0682.3
Finance receivables and contract receivables - net670.8652.7
Inventories – net955.1803.8
Prepaid expenses and other assets145.4134.6
Total current assets3,269.63,053.4
Property and equipment:  
Property and equipment – gross1,484.91,527.4
Accumulated depreciation and amortization(994.8)(1,009.2)
Property and equipment – net490.1518.2
Operating lease right-of-use assets52.051.9
Deferred income tax assets66.349.5
Long-term finance receivables and contract receivables - net1,505.31,492.2
Goodwill1,010.61,116.5
Other intangibles – net271.3301.7
Other assets170.3176.3
Total assets6,835.56,759.7
Current liabilities:  
Notes payable17.717.4
Accounts payable305.3277.6
Accrued benefits60.567.4
Accrued compensation86.0114.8
Franchisee deposits83.380.7
Other accrued liabilities440.7424.3
Total current liabilities993.5982.2
Long-term debt1,183.61,182.9
Deferred income tax liabilities93.7122.7
Retiree health care benefits28.931.1
Pension liabilities70.5104.9
Operating lease liabilities36.534.2
Other long-term liabilities89.397.9
Total liabilities2,496.02,555.9
Commitments and contingencies
Shareholders’ equity attributable to Snap-on Incorporated:  
Preferred stock (authorized 15,000,000 shares of $1 par value; none outstanding)0.00.0
Common stock (authorized 250,000,000 shares of $1 par value; issued 67,444,910 and 67,438,129 shares, respectively)67.467.4
Additional paid-in capital493.6472.7
Retained earnings6,144.05,699.9
Accumulated other comprehensive loss(582.3)(343.9)
Treasury stock at cost (14,290,423 and 14,008,479 shares, respectively)(1,805.5)(1,714.2)
Total shareholders’ equity attributable to Snap-on Incorporated4,317.24,181.9
Noncontrolling interests22.321.9
Total equity4,339.54,203.8
Total liabilities and equity6,835.56,759.7
Land  
Property and equipment:  
Property and equipment – gross31.033.8
Buildings and improvements  
Property and equipment:  
Property and equipment – gross407.2434.4
Machinery, equipment and computer software  
Property and equipment:  
Property and equipment – gross1,046.71,059.2
Finance Receivables  
Current assets:  
Finance receivables and contract receivables - net558.0542.3
Property and equipment:  
Long-term finance receivables and contract receivables - net1,129.31,114.0
Contract Receivables  
Current assets:  
Finance receivables and contract receivables - net112.8110.4
Property and equipment:  
Long-term finance receivables and contract receivables - net$ 376.0$ 378.2