Snap-on Incorporated logo SNA - Snap-on Incorporated

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 4
SELL 2
STRONG
SELL
0
| PRICE TARGET: $445.25 DETAILS
HIGH: $485.00
LOW: $415.00
MEDIAN: $440.50
CONSENSUS: $445.25
UPSIDE: 13.62%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 65% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Moderate
Trading 36.1% above fair value
Current Price $391.86
Bear Case $230.28 41.2% downside ($230.28 - $391.86) / $391.86 = -41.2% $19.19 × 12x P/E
Fair Value $287.85 26.5% downside ($287.85 - $391.86) / $391.86 = -26.5% $19.19 × 15x P/E
Bull Case $345.42 11.9% downside ($345.42 - $391.86) / $391.86 = -11.9% $19.19 × 18x P/E

Adjust Assumptions

15.0x
19.19$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 20.4x

Plain-Language Summary

Applying a 15x P/E to adjusted EPS of $19.19, the base-case value is $287.85 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (17 analysts) $445.25
Analyst Range $415.00 – $485.00
Divergence from AlphaVal 35%

Warnings

Wall Street's average price target is $445.25 (from 17 analysts). Our estimate is 35% below the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples