Snap Net Profit Margin vs Gross Profit Margin Analysis

SNA Stock  USD 354.78  0.18  0.05%   
Snap On financial indicator trend analysis is much more than just breaking down Snap On prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Snap On is a good investment. Please check the relationship between Snap On Net Profit Margin and its Gross Profit Margin accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.

Net Profit Margin vs Gross Profit Margin

Net Profit Margin vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Snap On Net Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Snap On's Net Profit Margin and Gross Profit Margin is -0.23. Overlapping area represents the amount of variation of Net Profit Margin that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Snap On, assuming nothing else is changed. The correlation between historical values of Snap On's Net Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Profit Margin of Snap On are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Net Profit Margin i.e., Snap On's Net Profit Margin and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Profit Margin

The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.

Gross Profit Margin

Most indicators from Snap On's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Snap On current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.At present, Snap On's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 11.34, whereas Selling General Administrative is forecasted to decline to about 1 B.
 2021 2022 2023 2024 (projected)
Gross Profit2.1B2.2B2.6B2.8B
Total Revenue4.3B4.5B5.1B2.6B

Snap On fundamental ratios Correlations

0.680.720.70.980.820.030.970.810.980.580.810.76-0.860.550.970.1-0.920.680.980.150.910.830.720.790.81
0.680.930.910.560.940.440.540.380.75-0.030.380.91-0.280.870.570.26-0.510.980.590.430.870.830.120.940.72
0.720.930.890.60.920.50.580.30.80.050.30.95-0.280.850.610.37-0.510.960.610.370.90.820.20.970.81
0.70.910.890.610.890.490.60.320.77-0.020.320.91-0.30.620.610.03-0.530.860.60.70.840.80.150.860.63
0.980.560.60.610.75-0.121.00.850.940.670.850.69-0.90.40.99-0.03-0.960.540.990.10.830.790.790.680.72
0.820.940.920.890.750.280.740.510.860.150.510.97-0.460.770.760.15-0.720.910.750.330.920.920.320.940.73
0.030.440.50.49-0.120.28-0.14-0.510.2-0.43-0.510.370.260.4-0.090.260.270.48-0.140.580.280.07-0.350.380.35
0.970.540.580.61.00.74-0.140.850.930.660.850.68-0.90.370.99-0.08-0.980.520.980.090.810.790.780.660.68
0.810.380.30.320.850.51-0.510.850.70.71.00.38-0.870.30.81-0.04-0.880.340.89-0.170.610.620.770.460.5
0.980.750.80.770.940.860.20.930.70.490.70.82-0.790.610.930.13-0.860.750.940.250.940.830.640.850.85
0.58-0.030.05-0.020.670.15-0.430.660.70.490.70.09-0.76-0.050.62-0.07-0.63-0.040.66-0.250.270.150.980.130.5
0.810.380.30.320.850.51-0.510.851.00.70.70.38-0.870.30.81-0.04-0.880.340.89-0.170.610.620.770.460.5
0.760.910.950.910.690.970.370.680.380.820.090.38-0.350.740.710.18-0.640.90.680.390.890.90.260.930.73
-0.86-0.28-0.28-0.3-0.9-0.460.26-0.9-0.87-0.79-0.76-0.87-0.35-0.2-0.890.090.88-0.27-0.90.09-0.62-0.53-0.84-0.4-0.57
0.550.870.850.620.40.770.40.370.30.61-0.050.30.74-0.20.410.62-0.330.930.480.010.770.680.060.880.76
0.970.570.610.610.990.76-0.090.990.810.930.620.810.71-0.890.41-0.04-0.970.540.970.090.830.810.750.680.7
0.10.260.370.03-0.030.150.26-0.08-0.040.13-0.07-0.040.180.090.62-0.040.180.410.06-0.330.240.07-0.080.340.46
-0.92-0.51-0.51-0.53-0.96-0.720.27-0.98-0.88-0.86-0.63-0.88-0.640.88-0.33-0.970.18-0.46-0.95-0.02-0.77-0.8-0.75-0.6-0.57
0.680.980.960.860.540.910.480.520.340.75-0.040.340.9-0.270.930.540.41-0.460.580.330.880.810.110.960.78
0.980.590.610.60.990.75-0.140.980.890.940.660.890.68-0.90.480.970.06-0.950.580.040.840.80.780.710.75
0.150.430.370.70.10.330.580.09-0.170.25-0.25-0.170.390.090.010.09-0.33-0.020.330.040.260.18-0.140.280.12
0.910.870.90.840.830.920.280.810.610.940.270.610.89-0.620.770.830.24-0.770.880.840.260.90.430.940.82
0.830.830.820.80.790.920.070.790.620.830.150.620.9-0.530.680.810.07-0.80.810.80.180.90.310.890.62
0.720.120.20.150.790.32-0.350.780.770.640.980.770.26-0.840.060.75-0.08-0.750.110.78-0.140.430.310.280.59
0.790.940.970.860.680.940.380.660.460.850.130.460.93-0.40.880.680.34-0.60.960.710.280.940.890.280.84
0.810.720.810.630.720.730.350.680.50.850.50.50.73-0.570.760.70.46-0.570.780.750.120.820.620.590.84
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Snap On Account Relationship Matchups

Snap On fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7B6.6B6.8B7.0B7.5B7.9B
Short Long Term Debt Total1.2B1.5B1.2B1.2B1.3B640.8M
Other Current Liab491.1M502.3M546.1M527.8M568.9M358.7M
Total Current Liabilities947.6M1.2B982.2M971.6M941.6M625.5M
Total Stockholder Equity3.4B3.8B4.2B4.5B5.1B5.3B
Property Plant And Equipment Net577.1M578.1M570.1M574.1M614M365.1M
Net Debt1.0B561.2M454.5M488.5M279.8M440.8M
Retained Earnings4.8B5.2B5.7B6.3B6.9B7.3B
Cash184.5M923.4M780M757.2M1.0B1.1B
Non Current Assets Total3.3B3.5B3.7B3.6B3.9B4.1B
Non Currrent Assets Other62.3M91.7M176.3M84.3M1.8B1.9B
Cash And Short Term Investments184.5M923.4M780M757.2M1.0B1.1B
Net Receivables1.3B1.3B1.3B1.4B1.5B809.1M
Common Stock Shares Outstanding55.9M54.8M55M54.2M53.9M47.5M
Liabilities And Stockholders Equity5.7B6.6B6.8B7.0B7.5B7.9B
Non Current Liabilities Total1.3B1.5B1.6B1.5B1.5B854.9M
Inventory760.4M746.5M803.8M1.0B1.0B1.1B
Other Current Assets110.2M129.7M134.6M144.8M138.4M122.0M
Other Stockholder Equity(930.1M)(1.0B)(1.2B)(1.4B)(1.5B)(1.4B)
Total Liab2.3B2.7B2.6B2.5B2.5B1.5B
Total Current Assets2.4B3.1B3.1B3.4B3.7B3.8B
Short Term Debt202.9M290.5M39.4M38.6M41M39.0M
Intangible Assets243.9M260.8M301.7M275.6M268.9M239.6M
Accounts Payable198.5M222.9M277.6M287M238M156.7M
Property Plant And Equipment Gross577.1M578.1M570.1M574.1M1.6B1.7B
Accumulated Other Comprehensive Income(507.9M)(365.8M)(343.9M)(528.3M)(449.5M)(427.0M)
Good Will913.8M982.4M1.1B1.0B1.1B722.4M
Other Liab320.7M329.7M356.6M267.3M307.4M329.3M
Other Assets87.2M131.7M604M154.3M1.00.95
Long Term Debt946.9M1.2B1.2B1.2B1.2B827.0M
Treasury Stock(1.1B)(1.3B)(1.4B)(1.7B)(1.5B)(1.5B)
Property Plant Equipment495.1M574.4M574.1M570.1M660.2M439.9M
Current Deferred Revenue55.1M53.6M56.4M57.1M58.4M58.8M
Short Term Investments317M329M17.1M349M401.4M421.4M
Net Tangible Assets2.3B3.8B2.8B4.5B5.2B5.4B
Retained Earnings Total Equity4.8B5.2B5.7B6.3B7.2B4.0B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Snap On offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Snap On's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Snap On Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Snap On Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Snap On. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snap On. If investors know Snap will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snap On listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.042
Dividend Share
7.44
Earnings Share
19.47
Revenue Per Share
96.839
Quarterly Revenue Growth
(0.01)
The market value of Snap On is measured differently than its book value, which is the value of Snap that is recorded on the company's balance sheet. Investors also form their own opinion of Snap On's value that differs from its market value or its book value, called intrinsic value, which is Snap On's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snap On's market value can be influenced by many factors that don't directly affect Snap On's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snap On's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snap On is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snap On's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.