SNA
9/9 ScoreSnap-on Incorporated
Analysis Date: February 20, 2026
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. The company offers hand tools, including wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque measuring instruments, and other products; power tools, such as cordless, pneumatic, hydraulic, and corded tools; and tool storage products comprising tool chests, roll cabinets, and other products. It also provides handheld and computer-based diagnostic products, service and repair information products, diagnostic software solutions, electronic parts catalogs, business management systems and services, point-of-sale systems, integrated systems for vehicle service shops, original equipment manufacturer purchasing facilitation services, and warranty management systems and analytics. In addition, the company offers solutions for the service of vehicles and industrial equipment that include wheel alignment equipment, wheel balancers, tire changers, vehicle lifts, test lane equipment, collision repair equipment, vehicle air conditioning service equipment, brake service equipment, fluid exchange equipment, transmission troubleshooting equipment, safety testing equipment, battery chargers, and hoists, as well as after-sales support services and training programs. Further, it provides financing programs to facilitate the sales of its products and support its franchise business. The company serves the aviation and aerospace, agriculture, construction, government and military, mining, natural resources, power generation, and technical education industries, as well as vehicle dealerships and repair centers. Snap-on Incorporated was founded in 1920 and is based in Kenosha, Wisconsin.
Buffettology Criteria
All 9 of 9 criteria passed
High ROE
Return on Equity > 12%
Value: 17.7%
High ROIC
Return on Invested Capital > 9%
Value: 13.8%
Cash Machine
FCF / Assets > 5%
Value: 12.0%
Fair Valuation
Earnings Yield > 3.5%
Value: 5.1%
Share Buybacks
Share Count is Dropping
Value: -1.0%
Defensible Moat
Gross Profit Margin > 40%
Value: 51.7%
Simple Business
Not in a speculative sector (e.g., Biotech)
Value: Industrials
Conservative Debt
Debt to Equity < 1.5
Value: 0.22x
Consistent Growth
5-Year Growth is Positive
Value: 69.0%
Analysis Summary
This looks like a company that's been diligently tilling its soil. A strong moat, healthy returns on capital, and sensible debt levels suggest a well-run business with durable competitive advantages that's been managed with discipline. It's the kind of sound enterprise we'd want to consider for a long-term position in our portfolio.
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