Snap-on IncFind Ratings Reports
SNAP-ON INC's gross profit margin for the second quarter of its fiscal year 2016 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago. SNAP-ON INC has average liquidity. Currently, the Quick Ratio is 1.44 which shows that technically this company has the ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has increased by 12.40% from the same quarter last year. Together, the key liquidity measurements indicate that it is relatively unlikely that the company will face financial difficulties in the near future.
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|Income Statement||Q2 FY16||Q2 FY15|
|Net Sales ($mil)||941.6||910.5|
|Net Income ($mil)||140.1||120.0|
|Balance Sheet||Q2 FY16||Q2 FY15|
|Cash & Equiv. ($mil)||119.9||124.6|
|Total Assets ($mil)||4505.1||4390.7|
|Total Debt ($mil)||889.6||922.4|
|Profitability||Q2 FY16||Q2 FY15|
|Gross Profit Margin||55.55||54.73|
|Return on Assets||11.46||10.25|
|Return on Equity||19.99||19.59|
|Debt||Q2 FY16||Q2 FY15|
|Share Data||Q2 FY16||Q2 FY15|
|Shares outstanding (mil)||58.08||58.1|
|Div / share||0.61||0.53|
|Book value / share||44.48||39.56|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||481630.0||596649.0|
BUY. This stock's P/E ratio indicates a discount compared to an average of 24.52 for the Machinery industry and a discount compared to the S&P 500 average of 25.05. To use another comparison, its price-to-book ratio of 3.51 indicates a premium versus the S&P 500 average of 2.81 and a discount versus the industry average of 3.79. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium. Upon assessment of these and other key valuation criteria, SNAP-ON INC proves to trade at a discount to investment alternatives within the industry.
|SNA 17.89||Peers 24.52||SNA 16.13||Peers 16.07|
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.
SNA is trading at a significant discount to its peers.
Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
SNA is trading at a valuation on par to its peers.
|SNA 15.64||Peers 21.65||SNA 1.64||Peers 3.66|
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.
SNA is trading at a discount to its peers.
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
SNA trades at a significant discount to its peers.
|SNA 3.51||Peers 3.79||SNA 14.28||Peers -27.70|
Average. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
SNA is trading at a valuation on par with its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
SNA is expected to have an earnings growth rate that significantly exceeds its peers.
|SNA 2.49||Peers 1.63||SNA 1.87||Peers -5.12|
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
SNA is trading at a significant premium to its industry.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
SNA has a sales growth rate that significantly exceeds its peers.