Snap On Stock Return On Equity

SNA Stock  USD 369.23  2.12  0.57%   
Snap On fundamentals help investors to digest information that contributes to Snap On's financial success or failures. It also enables traders to predict the movement of Snap Stock. The fundamental analysis module provides a way to measure Snap On'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 stock.
Last ReportedProjected for Next Year
Return On Equity 0.18  0.12 
As of November 28, 2024, Return On Equity is expected to decline to 0.12.
  
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Snap On Company Return On Equity Analysis

Snap On's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Snap On Return On Equity

    
  0.21  
Most of Snap On's fundamental indicators, such as Return On Equity, 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 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Snap Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Snap On is extremely important. It helps to project a fair market value of Snap Stock properly, considering its historical fundamentals such as Return On Equity. Since Snap On's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Snap On's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Snap On's interrelated accounts and indicators.
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Snap Return On Equity Historical Pattern

Today, most investors in Snap On Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Snap On's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Snap On return on equity as a starting point in their analysis.
   Snap On Return On Equity   
       Timeline  
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Snap Total Stockholder Equity

Total Stockholder Equity

5.32 Billion

At present, Snap On's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Snap On has a Return On Equity of 0.206. This is 53.18% lower than that of the Machinery sector and 97.85% lower than that of the Industrials industry. The return on equity for all United States stocks is 166.45% lower than that of the firm.

Snap Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Snap On's direct or indirect competition against its Return On Equity 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 could also be used in its relative valuation, which is a method of valuing Snap On by comparing valuation metrics of similar companies.
Snap On is currently under evaluation in return on equity category among its peers.

Snap On ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Snap On's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Snap On's managers, analysts, and investors.
Environmental
Governance
Social

Snap Fundamentals

About Snap On Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Snap On's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Snap On using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Snap On 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Snap On Piotroski F Score and Snap On Altman Z Score analysis.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
19.46
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.