Is Snap-On, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Snap-On, Inc. moved from expensive to fair. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 20, an EV to EBITDA of 14.95, and a Price to Book Value of 3.85. In comparison to peers, Fortive Corp. has a P/E of 19.50, while Mettler-Toledo International, Inc. is considered risky with a P/E of 68.83.
Despite the fair valuation, Snap-On's recent stock performance shows a mixed picture against the S&P 500, with a year-to-date return of 0.08% compared to the S&P's 13.30%, though it has outperformed the index over the 5-year period with a return of 113.46% versus 91.29%.