Snap On Incorporated Stock Beta
| SPU Stock | EUR 348.70 0.30 0.09% |
Snap on Incorporated fundamentals help investors to digest information that contributes to Snap-on Incorporated's financial success or failures. It also enables traders to predict the movement of Snap-on Stock. The fundamental analysis module provides a way to measure Snap-on Incorporated's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Snap-on Incorporated stock.
Snap-on |
Snap on Incorporated Company Beta Analysis
Snap-on Incorporated's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Snap-on Incorporated Beta | 1.12 |
Most of Snap-on Incorporated's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Snap on Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Snap on Incorporated has a Beta of 1.1175. This is 18.43% lower than that of the Industrials sector and 4.49% lower than that of the Tools & Accessories industry. The beta for all Germany stocks is notably lower than that of the firm.
Snap-on Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Snap-on Incorporated's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Snap-on Incorporated could also be used in its relative valuation, which is a method of valuing Snap-on Incorporated by comparing valuation metrics of similar companies.Snap On is currently under evaluation in beta category among its peers.
Snap-on Incorporated returns are very sensitive to returns on the market. As the market goes up or down, Snap-on Incorporated is expected to follow.
Snap-on Fundamentals
| Return On Equity | 0.21 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.19 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 12.2 B | |||
| Shares Outstanding | 53.11 M | |||
| Shares Owned By Insiders | 1.80 % | |||
| Shares Owned By Institutions | 89.20 % | |||
| Price To Earning | 10.82 X | |||
| Price To Book | 2.88 X | |||
| Price To Sales | 2.39 X | |||
| Revenue | 4.49 B | |||
| Gross Profit | 2.45 B | |||
| EBITDA | 1.35 B | |||
| Net Income | 911.7 M | |||
| Cash And Equivalents | 163.9 M | |||
| Cash Per Share | 2.97 X | |||
| Total Debt | 1.18 B | |||
| Debt To Equity | 35.70 % | |||
| Current Ratio | 2.48 X | |||
| Book Value Per Share | 84.55 X | |||
| Cash Flow From Operations | 675.2 M | |||
| Earnings Per Share | 15.87 X | |||
| Price To Earnings To Growth | 1.87 X | |||
| Target Price | 237.63 | |||
| Number Of Employees | 12.9 K | |||
| Beta | 1.12 | |||
| Market Capitalization | 12.4 B | |||
| Total Asset | 6.97 B | |||
| Z Score | 6.0 | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 1.48 % | |||
| Net Asset | 6.97 B | |||
| Last Dividend Paid | 5.88 |
About Snap-on Incorporated Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Snap on Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Snap-on Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Snap on Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
Other Information on Investing in Snap-on Stock
Snap-on Incorporated financial ratios help investors to determine whether Snap-on Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Snap-on with respect to the benefits of owning Snap-on Incorporated security.