Snap On Net Worth

Snap On Net Worth Breakdown

  SNA
The net worth of Snap On is the difference between its total assets and liabilities. Snap On's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Snap On's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Snap On's net worth can be used as a measure of its financial health and stability which can help investors to decide if Snap On is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Snap On stock.

Snap On Net Worth Analysis

Snap On's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Snap On's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Snap On's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Snap On's net worth analysis. One common approach is to calculate Snap On's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Snap On's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Snap On's net worth. This approach calculates the present value of Snap On's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Snap On's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Snap On's net worth. This involves comparing Snap On's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Snap On's net worth relative to its peers.

Enterprise Value

2.17 Billion

To determine if Snap On is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Snap On's net worth research are outlined below:
Over 94.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Disposition of 487 shares by Mary Bauerschmidt of Snap On subject to Rule 16b-3

Snap On Quarterly Good Will

1.09 Billion

Snap On uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Snap On. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Snap On's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
8th of February 2024
Upcoming Quarterly Report
View
18th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Know Snap On's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Snap On is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Snap On backward and forwards among themselves. Snap On's institutional investor refers to the entity that pools money to purchase Snap On's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Pacer Advisors, Inc.2024-06-30
829.5 K
Envestnet Asset Management Inc2024-06-30
732.6 K
Regions Financial Corp2024-06-30
726 K
Amvescap Plc.2024-06-30
655.3 K
Northern Trust Corp2024-09-30
652.4 K
Mawer Investment Management Ltd2024-06-30
632.2 K
Bank Of America Corp2024-06-30
614.4 K
Norges Bank2024-06-30
552.3 K
Confluence Investment Management Llc2024-09-30
544.9 K
Vanguard Group Inc2024-09-30
6.4 M
Blackrock Inc2024-06-30
4.1 M
Note, although Snap On's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Snap On's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 18.79 B.

Market Cap

2.07 Billion

Project Snap On's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.15  0.08 
Return On Capital Employed 0.23  0.18 
Return On Assets 0.12  0.07 
Return On Equity 0.18  0.12 
The company has Net Profit Margin of 0.2 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.27 %, which entails that for every 100 dollars of revenue, it generated $0.27 of operating income.
When accessing Snap On's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Snap On's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Snap On's profitability and make more informed investment decisions.
Please note, the presentation of Snap On's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Snap On's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Snap On's management manipulating its earnings.

Evaluate Snap On's management efficiency

Snap On has Return on Asset of 0.114 % which means that on every $100 spent on assets, it made $0.114 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.206 %, implying that it generated $0.206 on every 100 dollars invested. Snap On's management efficiency ratios could be used to measure how well Snap On manages its routine affairs as well as how well it operates its assets and liabilities. As of November 22, 2024, Return On Tangible Assets is expected to decline to 0.08. In addition to that, Return On Capital Employed is expected to decline to 0.18. At present, Snap On's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 4.1 B, whereas Other Current Assets are forecasted to decline to about 122 M.
Last ReportedProjected for Next Year
Book Value Per Share 76.19  80.00 
Tangible Book Value Per Share 53.84  56.53 
Enterprise Value Over EBITDA 10.76  11.34 
Price Book Value Ratio 2.44  2.02 
Enterprise Value Multiple 10.76  11.34 
Price Fair Value 2.44  2.02 
Enterprise Value1.5 B2.2 B
Leadership effectiveness at Snap On is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Enterprise Value Revenue
3.9466
Revenue
5.1 B
Quarterly Revenue Growth
(0.01)
Revenue Per Share
96.839
Return On Equity
0.206
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Snap On insiders, such as employees or executives, is commonly permitted as long as it does not rely on Snap On's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Snap On insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Snap On Corporate Filings

F4
1st of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
17th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
20th of June 2024
Other Reports
ViewVerify
24th of May 2024
Other Reports
ViewVerify
Snap On time-series forecasting models is one of many Snap On's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Snap On's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Snap On Earnings per Share Projection vs Actual

Snap On Corporate Directors

William LehmanIndependent DirectorProfile
Nathan JonesIndependent DirectorProfile
Karen DanielIndependent DirectorProfile
David AdamsIndependent DirectorProfile
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 closely tied 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Industrial Machinery & Supplies & Components space 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
0.042
Dividend Share
7.44
Earnings Share
19.44
Revenue Per Share
96.839
Quarterly Revenue Growth
(0.01)
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.