Snap-on Inc vs Stanley Black & Decker Inc

Snap-on Inc (SNA) is slightly undervalued and Stanley Black & Decker Inc (SWK) is slightly overvalued.

Against our estimates of intrinsic value, SNA trades at the wider discount: a margin of safety of +17%, against -19% for SWK.

Values as of the 22 Sept 2026 close.

Snap-on Inc (SNA)

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

Stanley Black & Decker Inc (SWK)

Discounting its cash flows at 9.2% (average of 3 methods) values the shares at $77.17; the price of $92.13 is 19% above that value, and 75% of that value comes from beyond year five.

Leak Score 0/100 on 2 of 12 signals

MetricSNASWK
VerdictSlightly undervaluedSlightly overvalued
Price$371.80$92.13
Intrinsic value$448.54$77.17
Margin of safety+17%-19%
Leak Score77/100 (9/12)0/100 (2/12)
Market cap$19.2B$13.9B
Revenue growth, 5 years5.5%3.0%
Operating margin25.4%9.2%
Net margin19.6%4.1%
Return on equity17.6%6.9%
Debt to equity0.220.53
P/E19.0x22.5x
Forward P/E17.4x14.4x
P/B3.2x1.6x
Dividend yield2.7%3.6%

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