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SNA

237.59USD+0.49(+0.21%)Delayedas of 07 Dec 2022, 10:32 am

Snap-On Inc

Market Summary

USD237.59+0.49Delayedas of 07 Dec 2022, 10:32 am
0.21%

SNA Alerts

SNA Stock Price

RSI Chart

Valuation

Market Cap

11.7B

Price/Earnings

13.05

Price/Sales

2.44

Price/Cashflow

17.03

MarketCap/EBT

9.88

Price/Sales

Profitability

EBT Margin

24.70%

Return on Equity

20.66%

Return on Assets

13.12%

Fundamentals

Revenue

Revenue (TTM)

4.8B

Revenue Y/Y

5.76%

Revenue Q/Q

-2.71%

Earnings

Earnings (TTM)

896.5M

Earnings Y/Y

14.12%

Earnings Q/Q

-3.28%

Price Action

52 Week Range

187.61245.56
(Low)(High)

Last 7 days

-0.9%

Last 30 days

4.2%

Last 90 days

6.8%

Trailing 12 Months

15.8%

Financial Health

Current Ratio

3.29

Investor Care

Dividend Yield

2.59%

Dividend/Share (TTM)

5.68

Buy Backs (1Y)

1.30%

Diluted EPS (TTM)

16.5

Peers (Alternatives to Snap-On)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
121.5B
48.4B
10.92% 24.77%
19.7
2.51
14.00% 13.42%
34.6B
23.8B
3.76% 15.13%
16.69
1.39
195.34% -7.05%
19.0B
8.4B
5.04% -17.20%
16.29
2.27
8.57% 23.48%
11.7B
4.8B
4.19% 15.78%
13.05
2.44
4.79% 11.27%
11.6B
17.0B
4.14% -57.34%
8.3
0.68
6.77% -23.09%
MID-CAP
8.1B
3.7B
0.86% 7.05%
18.58
2.21
19.16% 63.79%
7.8B
1.5B
-41.82% -19.40%
101.84
5.03
23.87% -74.90%
4.8B
1.9B
6.01% -23.05%
22.68
2.49
15.06% 49.12%
2.9B
2.1B
0.02% -43.67%
23.63
1.43
14.05% 6.76%
2.1B
2.0B
4.86% -29.26%
14.81
1.06
9.29% 165.69%
SMALL-CAP
982.8M
889.5M
13.92% -17.05%
16.34
1.1
6.36% -11.78%
928.7M
130.1M
14.51% -9.09%
37.68
7.13
3.13% -2.87%
805.3M
921.5M
10.37% -30.46%
17.77
0.87
16.66% 841.69%
133.2M
269.8M
11.26% -7.44%
8.86
0.51
-7.46% 59.36%
62.6M
253.7M
5.30% -16.17%
4.21
0.25
15.51% -4.22%

Financials for Snap-On

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1.4%4,7944,7294,6744,6024,574
  R&D Expenses-61
Earnings Before Taxes2.5%1,1841,1551,1211,0871,065
Net Income3.2%897869845821806
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.4%6,8366,8646,8956,7606,581
  Current Assets1.2%3,2703,2313,2363,0532,974
    Cash Equivalents-6.6%759813861780736
  Inventory6.9%955893864804790
  Goodwill-3.4%1,0111,0461,0781,1171,171
Liabilities-0.9%2,4962,5182,5752,5562,512
  Current Liabilities0.8%9949861,024982980
    LT Debt, Non Current0.0%1,1841,1831,1831,1831,183
Shareholder's Equity-0.2%4,3174,3244,2984,1824,047
  Retained Earnings2.5%6,1445,9965,8415,7005,553
  Additional Paid-In Capital1.1%494488475473468
Shares Outstanding-0.2%53535354-
Minority Interest-0.4%2222222222
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-7.6%6877448419671,062
Cashflow From Investing-21.1%-162.10-133.90-89.80-290.40-340.20
Cashflow From Financing35.0%-493.30-758.40-794.10-818.80-776.30
  Dividend Payments3.2%303294285276267
  Buy Backs-7.3%208225308431435

Risks

What is the probability of a big loss on SNA?

50%


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.

Returns

Cumulative Returns on SNA

14.1%


10-Year Cumulative Returns

7.2%


7-Year Cumulative Returns

9.5%


5-Year Cumulative Returns

15.9%


3-Year Cumulative Returns

What are the long-term rolling returns for SNA?

FIve years rolling returns for Snap-On.

Which funds bought or sold SNA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
123.31
1,182,000
2,104,000
0.09%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
976,000
976,000
0.01%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
4.02
20,000
355,000
0.01%
2022-11-22
CVA Family Office, LLC
-
-
-
2,000
-%
2022-11-21
FourThought Financial, LLC
-
-
6,000
11,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
181,000
17,971,000
0.03%
2022-11-21
DEARBORN PARTNERS LLC
-
-
882,000
38,297,000
1.69%
2022-11-18
Industrial Alliance Investment Management Inc.
NEW
-
11,000
11,000
-%
2022-11-18
National Pension Service
UNCHANGED
-
114,000
4,026,000
0.01%
2022-11-18
Claro Advisors LLC
-
-
-
385,000
0.15%

1–10 of 49

Latest Funds Activity

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

Snap-On News

Best Stocks

Oppenheimer downgrades Snap-on (NYSE:SNA) to "Market Perform".3 hours ago

Dividend Growth Investor

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

-17.59%

288.81

21.56%

343.92

44.75%

417.16

75.58%

491.30

106.78%

Current Inflation

181.21

-23.73%

260.41

9.60%

305.12

28.42%

367.21

54.56%

429.09

80.60%

Very High Inflation

163.19

-31.31%

226.53

-4.66%

259.80

9.35%

309.29

30.18%

357.56

50.49%

Historical Snap-On Fair Value Estimates


Recent SEC filings of Snap-On

View All Filings
Date Filed Form Type Document
Nov 22, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 01, 2022
4
Insider Trading
Oct 20, 2022
8-K
Current Report
Oct 20, 2022
10-Q
Quarterly Report
Sep 13, 2022
4
Insider Trading

Latest Insider Trading transactions for SNA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-01
Banerjee Anup R
ACQUIRED
779,600
155.92
5,000
Sr VP & Chief Devel. Officer
2022-12-01
Banerjee Anup R
SOLD
-1,204,310
240.862
-5,000
Sr VP & Chief Devel. Officer
2022-11-22
Boyd Iain
ACQUIRED
506,415
144.69
3,500
VP - Operations Development
2022-11-22
Boyd Iain
SOLD
-835,141
238.612
-3,500
VP - Operations Development
2022-11-16
PINCHUK NICHOLAS T
SOLD
-7,382,000
233.785
-31,576
Chairman, President and CEO
2022-11-16
PINCHUK NICHOLAS T
ACQUIRED
3,952,000
79.04
50,000
Chairman, President and CEO
2022-10-31
HOLDEN JAMES P
ACQUIRED
12,434.8
222.05
56
-
2022-09-13
Pagliari Aldo John
SOLD
-1,453,800
220.04
-6,607
Sr VP - Finance & CFO
2022-09-13
Pagliari Aldo John
ACQUIRED
790,400
79.04
10,000
Sr VP - Finance & CFO
2022-08-16
Chambers Timothy L
SOLD (Taxes)
-985,204
233.35
-4,222
Sr VP & Pres - Tools

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