SNAP-ON INC (SNA) Stock Fundamental Analysis
USA - NYSE:SNA - US8330341012 - Common Stock
333.59 USD
+1.61 (+0.48%)
333.59 USD
0 (0%)
Overall SNA gets a fundamental rating of 7 out of 10. We evaluated SNA against 128 industry peers in the Machinery industry. Both the health and profitability get an excellent rating, making SNA a very profitable company, without any liquidiy or solvency issues. SNA is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SNA was profitable.
In the past year SNA had a positive cash flow from operations.
In the past 5 years SNA has always been profitable.
SNA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 12.19%, SNA belongs to the top of the industry, outperforming 89.06% of the companies in the same industry.
Looking at the Return On Equity, with a value of 17.50%, SNA belongs to the top of the industry, outperforming 80.47% of the companies in the same industry.
With an excellent Return On Invested Capital value of 13.91%, SNA belongs to the best of the industry, outperforming 82.81% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SNA is significantly above the industry average of 10.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.19% | ||
| ROE | 17.5% | ||
| ROIC | 13.91% |
ROA(3y)13.23%
ROA(5y)12.28%
ROE(3y)19.88%
ROE(5y)19.13%
ROIC(3y)15.48%
ROIC(5y)14.92%
1.3 Margins
Looking at the Profit Margin, with a value of 19.72%, SNA belongs to the top of the industry, outperforming 96.09% of the companies in the same industry.
In the last couple of years the Profit Margin of SNA has grown nicely.
SNA has a Operating Margin of 25.57%. This is amongst the best in the industry. SNA outperforms 97.66% of its industry peers.
SNA's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 51.96%, SNA belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
In the last couple of years the Gross Margin of SNA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.57% | ||
| PM (TTM) | 19.72% | ||
| GM | 51.96% |
OM growth 3Y3.13%
OM growth 5Y2.7%
PM growth 3Y4.65%
PM growth 5Y3.69%
GM growth 3Y-0.94%
GM growth 5Y-0.63%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SNA is creating some value.
SNA has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, SNA has less shares outstanding
SNA has a better debt/assets ratio than last year.
2.2 Solvency
SNA has an Altman-Z score of 7.16. This indicates that SNA is financially healthy and has little risk of bankruptcy at the moment.
SNA's Altman-Z score of 7.16 is amongst the best of the industry. SNA outperforms 89.06% of its industry peers.
The Debt to FCF ratio of SNA is 1.18, which is an excellent value as it means it would take SNA, only 1.18 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.18, SNA belongs to the top of the industry, outperforming 85.94% of the companies in the same industry.
SNA has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
SNA has a Debt to Equity ratio of 0.21. This is in the better half of the industry: SNA outperforms 71.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.18 | ||
| Altman-Z | 7.16 |
ROIC/WACC1.43
WACC9.73%
2.3 Liquidity
SNA has a Current Ratio of 4.48. This indicates that SNA is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of SNA (4.48) is better than 89.06% of its industry peers.
A Quick Ratio of 3.42 indicates that SNA has no problem at all paying its short term obligations.
SNA has a Quick ratio of 3.42. This is amongst the best in the industry. SNA outperforms 91.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.48 | ||
| Quick Ratio | 3.42 |
3. Growth
3.1 Past
SNA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.73%.
The Earnings Per Share has been growing by 9.53% on average over the past years. This is quite good.
SNA shows a decrease in Revenue. In the last year, the revenue decreased by -0.76%.
SNA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.66% yearly.
EPS 1Y (TTM)-1.73%
EPS 3Y9.01%
EPS 5Y9.53%
EPS Q2Q%-6.9%
Revenue 1Y (TTM)-0.76%
Revenue growth 3Y3.54%
Revenue growth 5Y4.66%
Sales Q2Q%0%
3.2 Future
Based on estimates for the next years, SNA will show a small growth in Earnings Per Share. The EPS will grow by 4.29% on average per year.
SNA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.88% yearly.
EPS Next Y-2.35%
EPS Next 2Y2.65%
EPS Next 3Y4.42%
EPS Next 5Y4.29%
Revenue Next Year-0.31%
Revenue Next 2Y1.7%
Revenue Next 3Y3.56%
Revenue Next 5Y2.88%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SNA is valuated rather expensively with a Price/Earnings ratio of 17.79.
Compared to the rest of the industry, the Price/Earnings ratio of SNA indicates a somewhat cheap valuation: SNA is cheaper than 75.78% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of SNA to the average of the S&P500 Index (27.30), we can say SNA is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 16.37, the valuation of SNA can be described as correct.
Based on the Price/Forward Earnings ratio, SNA is valued a bit cheaper than the industry average as 71.09% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, SNA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.79 | ||
| Fwd PE | 16.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SNA is valued a bit cheaper than 64.06% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SNA is valued a bit cheaper than 78.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.02 | ||
| EV/EBITDA | 12.3 |
4.3 Compensation for Growth
The excellent profitability rating of SNA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.87
EPS Next 2Y2.65%
EPS Next 3Y4.42%
5. Dividend
5.1 Amount
SNA has a Yearly Dividend Yield of 2.58%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.74, SNA pays a better dividend. On top of this SNA pays more dividend than 89.84% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, SNA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
5.2 History
The dividend of SNA is nicely growing with an annual growth rate of 21.21%!
SNA has paid a dividend for at least 10 years, which is a reliable track record.
SNA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)21.21%
Div Incr Years15
Div Non Decr Years21
5.3 Sustainability
43.42% of the earnings are spent on dividend by SNA. This is a bit on the high side, but may be sustainable.
The dividend of SNA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP43.42%
EPS Next 2Y2.65%
EPS Next 3Y4.42%
333.59
+1.61 (+0.48%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners94.97%
Inst Owner Change0.84%
Ins Owners2.26%
Ins Owner Change2.9%
Market Cap17.40B
Analysts70.67
Price Target346.02 (3.73%)
Short Float %5.09%
Short Ratio8.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
Yearly Dividend7.74
Dividend Growth(5Y)21.21%
DP43.42%
Div Incr Years15
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.16%
Min EPS beat(2)-7.21%
Max EPS beat(2)0.89%
EPS beat(4)2
Avg EPS beat(4)-1.41%
Min EPS beat(4)-7.21%
Max EPS beat(4)1.46%
EPS beat(8)6
Avg EPS beat(8)-0.16%
EPS beat(12)10
Avg EPS beat(12)2.06%
EPS beat(16)14
Avg EPS beat(16)3.4%
Revenue beat(2)1
Avg Revenue beat(2)-2.24%
Min Revenue beat(2)-5.46%
Max Revenue beat(2)0.98%
Revenue beat(4)1
Avg Revenue beat(4)-1.8%
Min Revenue beat(4)-5.46%
Max Revenue beat(4)0.98%
Revenue beat(8)2
Avg Revenue beat(8)-1.58%
Revenue beat(12)5
Avg Revenue beat(12)1.2%
Revenue beat(16)9
Avg Revenue beat(16)3.49%
PT rev (1m)0.18%
PT rev (3m)2.16%
EPS NQ rev (1m)0.16%
EPS NQ rev (3m)0.8%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)-0.26%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)1.21%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.79 | ||
| Fwd PE | 16.37 | ||
| P/S | 3.43 | ||
| P/FCF | 17.02 | ||
| P/OCF | 15.77 | ||
| P/B | 3.04 | ||
| P/tB | 4.01 | ||
| EV/EBITDA | 12.3 |
EPS(TTM)18.75
EY5.62%
EPS(NY)20.38
Fwd EY6.11%
FCF(TTM)19.6
FCFY5.88%
OCF(TTM)21.15
OCFY6.34%
SpS97.22
BVpS109.58
TBVpS83.16
PEG (NY)N/A
PEG (5Y)1.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.19% | ||
| ROE | 17.5% | ||
| ROCE | 17.86% | ||
| ROIC | 13.91% | ||
| ROICexc | 17.4% | ||
| ROICexgc | 22.82% | ||
| OM | 25.57% | ||
| PM (TTM) | 19.72% | ||
| GM | 51.96% | ||
| FCFM | 20.16% |
ROA(3y)13.23%
ROA(5y)12.28%
ROE(3y)19.88%
ROE(5y)19.13%
ROIC(3y)15.48%
ROIC(5y)14.92%
ROICexc(3y)18.4%
ROICexc(5y)17.68%
ROICexgc(3y)24.34%
ROICexgc(5y)23.83%
ROCE(3y)19.9%
ROCE(5y)19.19%
ROICexcg growth 3Y1.01%
ROICexcg growth 5Y4.01%
ROICexc growth 3Y3.09%
ROICexc growth 5Y4.16%
OM growth 3Y3.13%
OM growth 5Y2.7%
PM growth 3Y4.65%
PM growth 5Y3.69%
GM growth 3Y-0.94%
GM growth 5Y-0.63%
F-Score7
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.18 | ||
| Debt/EBITDA | 0.85 | ||
| Cap/Depr | 83.35% | ||
| Cap/Sales | 1.6% | ||
| Interest Coverage | 29.34 | ||
| Cash Conversion | 79.15% | ||
| Profit Quality | 102.23% | ||
| Current Ratio | 4.48 | ||
| Quick Ratio | 3.42 | ||
| Altman-Z | 7.16 |
F-Score7
WACC9.73%
ROIC/WACC1.43
Cap/Depr(3y)88.3%
Cap/Depr(5y)79.93%
Cap/Sales(3y)1.74%
Cap/Sales(5y)1.68%
Profit Quality(3y)92.74%
Profit Quality(5y)107.58%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.73%
EPS 3Y9.01%
EPS 5Y9.53%
EPS Q2Q%-6.9%
EPS Next Y-2.35%
EPS Next 2Y2.65%
EPS Next 3Y4.42%
EPS Next 5Y4.29%
Revenue 1Y (TTM)-0.76%
Revenue growth 3Y3.54%
Revenue growth 5Y4.66%
Sales Q2Q%0%
Revenue Next Year-0.31%
Revenue Next 2Y1.7%
Revenue Next 3Y3.56%
Revenue Next 5Y2.88%
EBIT growth 1Y-4.13%
EBIT growth 3Y6.79%
EBIT growth 5Y7.48%
EBIT Next Year-0.22%
EBIT Next 3Y3.67%
EBIT Next 5Y-1.6%
FCF growth 1Y24.53%
FCF growth 3Y8.15%
FCF growth 5Y14.54%
OCF growth 1Y20.93%
OCF growth 3Y8%
OCF growth 5Y12.53%