What is Snap-on Inc worth?
With the base-case assumptions below, a discounted cash flow model on Snap-on Inc's reported free cash flow gives $366.03 per share. The share price was $373.83 on November 10, 2026, 2% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 0.5% | 10.0% | $232.50 | -38% |
| Base | 5.5% | 9.0% | $366.03 | -2% |
| Bull | 10.5% | 8.0% | $632.27 | +69% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $464.05 | $493.89 | $530.36 | $575.95 | $634.56 |
| 8.0% | $390.97 | $410.32 | $433.19 | $460.63 | $494.18 |
| 9.0% | $337.54 | $350.77 | $366.03 | $383.85 | $404.90 |
| 10.0% | $296.81 | $306.22 | $316.88 | $329.07 | $343.13 |
| 11.0% | $264.76 | $271.66 | $279.37 | $288.04 | $297.87 |
Where the presets come from
Base: years 1 to 5 grow at Snap-on Inc's revenue growth rate over the last 5 fiscal years (5.5% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions