Snap On Valuation
| SNA Stock | USD 273.59 2.25 0.83% |
At this time, the company appears to be fairly valued. Snap On has a current Real Value of $270.83 per share. The regular price of the company is $273.59. Our model measures the value of Snap On from inspecting the company fundamentals such as Operating Margin of 0.27 %, shares outstanding of 52.72 M, and Return On Equity of 0.21 as well as reviewing its technical indicators and probability of bankruptcy. In general, most investors recommend taking in undervalued stocks and trading overvalued stocks since, at some point, asset prices and their ongoing real values will draw towards each other. Key fundamental drivers impacting Snap On's valuation include:
Price Book 3.0172 | Enterprise Value 14.3 B | Enterprise Value Ebitda 10.5457 | Price Sales 2.9953 | Forward PE 15.1515 |
Fairly Valued
Today
Please note that Snap On's price fluctuation is very steady at this time. Calculation of the real value of Snap On is based on 3 months time horizon. Increasing Snap On's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Snap On is useful when determining the fair value of the Snap stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Snap On. Since Snap On is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Snap Stock. However, Snap On's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 273.59 | Real 270.83 | Target 265.57 | Hype 273.53 | Naive 266.86 |
The real value of Snap Stock, also known as its intrinsic value, is the underlying worth of Snap On Company, which is reflected in its stock price. It is based on Snap On's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Snap On's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Snap On's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Snap On helps investors to forecast how Snap stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Snap On more accurately as focusing exclusively on Snap On's fundamentals will not take into account other important factors: Traditionally analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Snap On's intrinsic value based on its ongoing forecasts of Snap On's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Snap On's closest peers. When choosing an evaluation method for Snap On, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using both methods to arrive at a better estimate.
Snap On Investments |
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Snap Valuation Trend
Knowing Snap On's actual value is paramount for traders to make sound investment determinations. Snap On's real value is not only important for the investor to make better decisions but also for a more accurate overall view of Snap On's financial worth over time since having this information enables investors and analysts to forecast the earnings more efficiently. Using both Snap On's enterprise value as well as its market capitalization is the best way to gauging the value of the company and is usually enough for investors to make market timing descisions.
Snap Market Cap
Snap On is currently regarded as top stock in market capitalization category among related companies. Market capitalization of Industrials industry is at this time estimated at about 77.45 Billion. Snap On retains roughly 14.3 Billion in market capitalization claiming about 18% of equities under Industrials industry.Snap On Valuation Ratios as Compared to Competition
Comparative valuation techniques use various fundamental indicators to help in determining Snap On's current stock value. Our valuation model uses many indicators to compare Snap On value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Snap On competition to find correlations between indicators driving Snap On's intrinsic value. More Info.Snap On is rated fifth in price to earning category among related companies. It is rated fourth in price to book category among related companies fabricating about 0.21 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Snap On is roughly 4.88 . As of April 25, 2024, Price To Book Ratio is expected to decline to 2.02. Comparative valuation analysis is a catch-all model that can be used if you cannot value Snap On by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Snap On's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Snap On's earnings, one of the primary drivers of an investment's value.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Snap On's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Snap On and how it compares across the competition.
About Snap On Valuation
The stock valuation mechanism determines the current worth of Snap On on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Snap On. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Snap On based exclusively on its fundamental and basic technical indicators. By analyzing Snap On's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Snap On's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Snap On. We calculate exposure to Snap On's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Snap On's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 2.6 B | 2.8 B | |
| Pretax Profit Margin | 0.24 | 0.25 | |
| Operating Profit Margin | 0.24 | 0.25 | |
| Net Profit Margin | 0.18 | 0.19 | |
| Gross Profit Margin | 0.56 | 0.54 |
Snap On Quarterly Retained Earnings |
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8 Steps to conduct Snap On's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Snap On's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Snap On's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Snap On's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Snap On's revenue streams: Identify Snap On's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Snap On's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Snap On's growth potential: Evaluate Snap On's management, business model, and growth potential.
- Determine Snap On's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Snap On's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
A single share of Snap On represents a small ownership stake in the entity. As a stockholder of Snap, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Snap On Dividends Analysis For Valuation
At present, Snap On's Dividends Paid is projected to increase significantly based on the last few years of reporting. The current year's Dividend Payout Ratio is expected to grow to 0.32, whereas Dividend Yield is forecasted to decline to 0.03. . At present, Snap On's Retained Earnings are projected to increase significantly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 12.60, whereas Retained Earnings Total Equity is forecasted to decline to about 4 B.
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 355.6 M | 373.4 M | |
| Dividend Yield | 0.03 | 0.03 | |
| Dividend Payout Ratio | 0.31 | 0.32 | |
| Dividend Paid And Capex Coverage Ratio | 2.65 | 2.52 |
There are various types of dividends Snap On can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Snap shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Snap On directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Snap pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Snap On by the value of the dividends paid out.
Snap On Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Snap On does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 53.9 M | |
| Quarterly Earnings Growth Y O Y | 0.067 | |
| Forward Price Earnings | 15.1515 |
Snap On Current Valuation Indicators
Valuation refers to the process of determining the present value of Snap On and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Snap we look at many different elements of the entity such as Snap's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation. Snap On's valuation analysis is also a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Snap On's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Snap On, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Snap On's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Snap On's worth.When determining whether Snap On offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Snap On's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Snap On Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Snap On Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Snap Stock analysis
When running Snap On's price analysis, check to measure Snap On's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snap On is operating at the current time. Most of Snap On's value examination focuses on studying past and present price action to predict the probability of Snap On's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap On's price. Additionally, you may evaluate how the addition of Snap On to your portfolios can decrease your overall portfolio volatility.
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Is Snap On's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snap On. If investors know Snap will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snap On listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.067 | Dividend Share 6.96 | Earnings Share 19.08 | Revenue Per Share 96.811 | Quarterly Revenue Growth 0.005 |
The market value of Snap On is measured differently than its book value, which is the value of Snap that is recorded on the company's balance sheet. Investors also form their own opinion of Snap On's value that differs from its market value or its book value, called intrinsic value, which is Snap On's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snap On's market value can be influenced by many factors that don't directly affect Snap On's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snap On's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snap On is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snap On's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.