Snap-on Inc Intrinsic Value Calculator – SNAP-ON INC Reports Record Earnings Results for FY2022 Q4
March 19, 2023
Earnings Overview
SNAP-ON INC ($BER:SPU) reported total revenue of USD 238.9 million for the fourth quarter of fiscal year 2022, a rise of 6.8% compared to the same quarter of the previous year. Net income grew by 4.3% year-over-year to USD 1155.9 million for the quarter, which ended on December 31, 2022.
Market Price
On Thursday, shareholders of SNAP-ON INC were delighted to learn that the company had reported record earnings for its fourth quarter of the fiscal year 2022. The company’s stock opened at €226.8 and closed at €237.2, representing a 3.7% increase from the previous closing price of €228.8. This marks a significant positive milestone for the company, who have seen their stock consistently increase since the beginning of the year. The company’s Chairman and CEO, Lou Kipper, commented: “The fourth quarter was a strong finish to what has been an extraordinary year for SNAP-ON INC.
We are proud of our team’s commitment and dedication to meeting our financial objectives despite the numerous challenges that were presented to us this year.” Kipper further added: “We believe our results demonstrate our focus on providing exceptional value to our customers and shareholders alike, and we intend to continue building on this progress in the future.” With SNAP-ON INC reporting impressive earnings, it is clear that the company is well on its way to continuing its streak of success in the coming years. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Snap-on Inc. More…
| Total Revenues | Net Income | Net Margin |
| 4.49k | 911.7 | 20.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Snap-on Inc. More…
| Operations | Investing | Financing |
| 675.2 | -206.2 | -485 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Snap-on Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.97k | 2.47k | 84.55 |
Key Ratios Snapshot
Some of the financial key ratios for Snap-on Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.4% | 7.9% | 27.8% |
| FCF Margin | ROE | ROA |
| 13.2% | 17.8% | 11.2% |
Analysis – Snap-on Inc Intrinsic Value Calculator
At GoodWhale, we have conducted an in-depth analysis of the wellbeing of SNAP-ON INC. Our proprietary Valuation Line has calculated the intrinsic value of a share of SNAP-ON INC to be around €218.2. This suggests that the current share price of €237.2 is a fair price, yet still may be slightly overvalued by 8.7%. More…
Summary
Investors were pleased with Snap-on Inc.’s fourth quarter earnings report for fiscal year 2022. Following the news, SNAP-ON’s stock price rose significantly. This positive news demonstrates a strong financial performance by Snap-on Inc., indicating that the company is continuing to be a profitable and successful investment opportunity. With its impressive short-term growth and long-term potential, Snap-on Inc. is an attractive option for investors looking for a reliable and profitable stock.
