Share king points models for Snap-on
Trend check: 4 / 8
Fundamental check: 10 / 10
Dividend check: 10 / 10
Long-term runner check: 6 / 10
Dividend check for Snap-on
Dividend check for Snap-on in detail
Snap-on scores Dividenden-Check
10 out of 10 points. Although the dividend yield of 2.4% is at a rather moderate level, a payout ratio of only payout ratio of only 42%,that there is plenty of scope for dividend increases. However, an average dividend yield of 2.3% over the last ten years also indicates that you should not expect exceptionally high payouts from Snap-on.
On the other hand, Snap-on convinces with a high dividend growth of +15% per year over the last five and ten years. The company has also raised its dividend every year for the last ten years. And there has not been a dividend cut for almost 40 years. The share's performance is also impressive. While the annual return over the last five years is a strong +24% per year, the maximum drawdown is only -21%. This makes Snap-on shares a solid investment.
Chart analysis for Snap-on
Chart analysis for Snap-on (daily chart) since 2022
In the long term, the Snap-on share has been on a strong upward trend, which is short to medium term, but which is repeatedly interrupted by sidewaysinterrupted by sideways movements. The last sideways movement was recorded between mid-2023 and fall 2024. Following a strong quarterly report (published in mid-October 2024), the Snap-on share gained momentum and broke through the resistance in the form of its previous all-time high of just under USD 300 (purple). This level proved to be important support a few weeks ago.
Although Snap-on shares were unable to hold the gray upward trend line, it was already very steep and could not be maintained in the long term. Now the marked in orange between USD 327 and 338. It remains to be seen whether the Snap-on share can recapture this as support or whether it will bounce off it. If it does not succeed in overcoming this level in the near future, a correction to the USD 300 range (purple) is imminent. A jump above this level would release new potential, allowing the all-time high of USD 374 (blue) to be tackled.
Historical valuation based on the P/E ratio
P/E ratio in historical comparison for Snap-on
Snap-on's P/E ratio is currently around 17. Compared to the average of the last ten and 20 years, this is an absolutely fair valuation level. absolutely fair valuation level. The average P/E ratio of the last ten years is 15.8 and that of the last 20 years is 16.7. Although the P/E chart also shows that Snap-on shares have been available for P/E ratios of less than 15 in recent years, the current valuation is still attractive for a buy. You also have to take into account that Snap-on's share price has risen sharply in recent months and is still not overvalued.
Dividend analysis
Dividend yield & dividend per share for Snap-on
The dividend chart makes it clear once again that Snap-on shares are is not a high-dividend stock stock. In recent years the dividend yield has hovered around the 2.5% mark. On the other hand, Snap-on impresses with high and stable dividend growth. The dividend has been increased extremely evenly in recent years, which makes the share an extremely attractive dividend stock even with a rather low dividend yield.
Conclusion on Snap-on
Although Snap-on's shares do not have a particularly high dividend yield, they do offer very high and stable dividend growth, as the dividend chart has shown. The share is also very attractive from a fundamental perspective. This is shown not only by the maximum score of 10 points in the fundamental check, but also by the P/E ratio, which is currently at a fair level. The share is currently a very attractive buy for a long-term dividend portfolio
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