Is Snap-On, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Snap-On, Inc. has moved from expensive to fair. Based on the current metrics, the company appears fairly valued. The P/E ratio stands at 20, while the EV to EBITDA ratio is 14.95, and the Price to Book Value is 3.85.
In comparison to peers, Fortive Corp. has a P/E ratio of 19.50 and an EV to EBITDA of 11.47, indicating a slightly more attractive valuation, while Mettler-Toledo International, Inc. is considered risky with a P/E of 68.83. Notably, Snap-On's recent stock performance has lagged behind the S&P 500 over the longer term, with a 3-year return of 59.88% compared to the S&P 500's 81.19%, but it has outperformed in the short term, with a 1-week return of 3.79% versus 1.70% for the index.