RBC Bearings Inc (RBC) is overvalued and Snap-on Inc (SNA) is slightly undervalued.
Against our estimates of intrinsic value, SNA trades at the wider discount: a margin of safety of +17%, against -74% for RBC.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 11.0% (average of 3 methods) values the shares at $287.23; the price of $499.88 is 74% above that value, and 71% of that value comes from beyond year five.
Leak Score 27/100 on 3 of 12 signals
Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $448.54; the price of $371.80 is 17% below that value, and 76% of that value comes from beyond year five.
Leak Score 77/100 on 9 of 12 signals
| Metric | RBC | SNA |
|---|---|---|
| Verdict | Overvalued | Slightly undervalued |
| Price | $499.88 | $371.80 |
| Intrinsic value | $287.23 | $448.54 |
| Margin of safety | -74% | +17% |
| Leak Score | 27/100 (3/12) | 77/100 (9/12) |
| Market cap | $15.8B | $19.2B |
| Revenue growth, 5 years | 25.2% | 5.5% |
| Operating margin | 25.2% | 25.4% |
| Net margin | 16.4% | 19.6% |
| Return on equity | 9.8% | 17.6% |
| Debt to equity | 0.25 | 0.22 |
| P/E | 49.4x | 19.0x |
| Forward P/E | 30.0x | 17.4x |
| P/B | 4.6x | 3.2x |
| Dividend yield | — | 2.7% |