What is the price-to-earnings ratio of Snap-On?
The price-earnings ratio of Snap-On is currently 3.03.
Snap-On P/S 2024
Snap-On P/S
3.03
Ticker
SNA
ISIN
US8330341012
WKN
853887
As of Aug 16, 2024, Snap-On's P/S ratio stood at 3.03, a 13.48% change from the 2.67 P/S ratio recorded in the previous year.
The Snap-On P/S history
Snap-On Aktienanalyse
What does Snap-On do?
Snap-On Inc. is an internationally operating company headquartered in Kenosha, Wisconsin, USA, and active in the areas of innovation, manufacturing, and sales of professional tools and equipment. The company is known for its high-quality products, which are appreciated by both amateur and professional craftsmen and technicians. Establishment and history Snap-On was founded in 1920 by Joseph Johnson and William Seidemann as the Snap-On Wrench Company. Initially, the company mainly focused on the production of keys and tools for servicing heavy machinery such as steam locomotives. But it didn't take long for the company to evolve into a high-quality tool manufacturer over time, offering applications not only for mechanical maintenance but also for aviation and the marine industry. Business model and divisions Snap-On's business model specializes in the development, manufacturing, marketing, and distribution of professional tools. The company has built a world-class manufacturing infrastructure that delivers high-quality products at over 130 locations worldwide. Sales primarily occur through direct sales - the company has built a network of dealers who sell its products to customers. This distribution system allows customers to directly purchase Snap-On tools and equipment, benefiting from high quality, a wide product selection, and excellent customer service. Snap-On operates in three main divisions: the Commercial & Industrial Group, the Snap-On Tools Group, and the Repair Systems & Information Group. Each group offers specialized services and products tailored to the needs of various industries and applications. The Commercial & Industrial Group offers a wide range of tools and equipment suitable for professional applications in the areas of postal services, railways, transportation, construction, and petrochemicals. The products include hand tools, power tools, specialty tools, measuring equipment, and lifting aids. The Snap-On Tools Group focuses on the automotive industry. It manufactures professional hand tools, power tools, diagnostic equipment, workshop equipment, and specialty tools. Snap-On's products are used by all major car and aircraft manufacturers, and the group also has a strong presence in the motorsport industry. The Repair Systems & Information Group offers specialized software and diagnostic products to help technicians in the automotive and other industries identify and fix faults and problems in vehicles and other devices, as well as optimize processes. This group also develops intelligent devices and connected solutions to support collaborative maintenance. Products Snap-On offers an impressive range of products specialized in meeting the needs of craftsmen and technicians. There are several hundred thousand items available, including hand tools, specialty tools, power tools, lifts, and diagnostic devices. One of Snap-On's most well-known product lines is the "Flank Drive" series of sockets. These sockets have specially shaped surfaces that allow for a perfect connection between the socket and screw head, avoiding slippage of the socket (known as rounding of the corners). This is particularly important in applications where precise fit is required, such as in the manufacture or maintenance of aircraft. Another well-known Snap-On product is the Digital Gravity Scale. This scale is used in the aerospace industry to measure the mass of objects. The device operates on a highly precise weighing platform and can perform measurements with an accuracy of a few hundredths of a gram. Overall, Snap-On is an impressive company that offers invaluable support to many industries and applications with its high-quality tools and equipment. For the craftsman and technician, it is the tools that enable high-quality work - Snap-On has been synonymous with quality and expertise for 100 years. Snap-On ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Snap-On's P/S Ratio
Snap-On's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Snap-On's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Snap-On's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Snap-On’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Snap-On stock
How has the price-earnings ratio of Snap-On changed compared to last year?
The price-to-earnings ratio of Snap-On has increased by 13.48% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Snap-On high compared to other companies?
Yes, the price-to-earnings ratio of Snap-On is high compared to other companies.
How does an increase in the price-earnings ratio of Snap-On affect the company?
An increase in the price-earnings ratio of Snap-On would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Snap-On affect the company?
A decrease in the price-earnings ratio of Snap-On would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Snap-On?
Some factors that influence the price-earnings ratio of Snap-On are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Snap-On pay?
Over the past 12 months, Snap-On paid a dividend of 6.72 USD . This corresponds to a dividend yield of about 2.43 %. For the coming 12 months, Snap-On is expected to pay a dividend of 7.6 USD.
What is the dividend yield of Snap-On?
The current dividend yield of Snap-On is 2.43 %.
When does Snap-On pay dividends?
Snap-On pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of Snap-On?
Snap-On paid dividends every year for the past 25 years.
What is the dividend of Snap-On?
For the upcoming 12 months, dividends amounting to 7.6 USD are expected. This corresponds to a dividend yield of 2.75 %.
In which sector is Snap-On located?
Snap-On is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Snap-On kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Snap-On from 9/10/2024 amounting to 1.86 USD, you needed to have the stock in your portfolio before the ex-date on 8/19/2024.
When did Snap-On pay the last dividend?
The last dividend was paid out on 9/10/2024.
What was the dividend of Snap-On in the year 2023?
In the year 2023, Snap-On distributed 5.88 USD as dividends.
In which currency does Snap-On pay out the dividend?
The dividends of Snap-On are distributed in USD.
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Andere Kennzahlen von Snap-On
Our stock analysis for Snap-On Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Snap-On Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
