Snap-On Incorporated (SNA) vs Toro Company (The) (TTC)

Snap-On Incorporated and Toro Company (The) are both Tools & Accessories companies. Snap-On Incorporated is the larger, with a market value of $19.0B against $9.2B — 2.1× the size. Snap-On Incorporated trades at the lower P/E: 18.5× against 25.9×. Toro Company (The) grew revenue faster over the last twelve months: 5.15% against 4.26%. Snap-On Incorporated has the higher net margin (21.3% vs 7.64%) and the higher return on invested capital (15.8% vs 14.4%). Both pay a dividend; Snap-On Incorporated yields more (2.59% vs 1.44%). Across the 23 metrics below, Snap-On Incorporated leads on 16 and Toro Company (The) on 7.

Valuation

Metric SNA TTC Tools & Accessories median
P/E 18.54 25.91 25.91
P/S 3.92 1.95 1.36
P/B 3.15 6.92 1.98
Price to free cash flow 16.91 12.76 18.96
EV/EBITDA 12.71 15.81 13.02
EV/Sales 3.77 2.11 1.27
Earnings yield 5.39% 3.86% 3.72%
Free cash flow yield 5.92% 7.84% 4.42%

Profitability

Metric SNA TTC Tools & Accessories median
Gross margin 50.46% 33.41% 33.41%
Operating margin 27.59% 10.31% 10.31%
Net margin 21.25% 7.64% 5.43%
Free cash flow margin 23.21% 15.25% 8.16%
Return on equity 17.51% 26.45% 7.80%
Return on assets 12.27% 10.30% 3.79%
Return on invested capital 15.80% 14.42% 6.23%

Growth

Metric SNA TTC Tools & Accessories median
Revenue growth (TTM) 4.26% 5.15% 5.45%
EPS growth (last fiscal year) (1.64%) (20.95%) —
Revenue growth, 5-year CAGR 5.71% 5.95% 5.45%
Net income growth, 5-year CAGR 10.15% (0.84%) 0.27%

Health

Metric SNA TTC Tools & Accessories median
Debt to equity 0.15 0.72 0.44
Current ratio 3.43 1.58 2.62
Net debt to EBITDA (0.31) 1.05 1.21

Dividend

Metric SNA TTC Tools & Accessories median
Dividend yield 2.59% 1.44% 2.20%
Payout ratio 0.35 0.37 0.35

Size

Metric SNA TTC Tools & Accessories median
Market cap 19.02b 9.17b 8.25b

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