Using the PEG framework with analyst consensus forward EPS growth of 8.0% plus 2.5% dividend yield, Snap-on Incorporated has a fair value of $152.91 based on NTM EPS (FY2026) of $19.11. The current PEG ratio is 3.22.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
PEG tends to undervalue slow growers — consider dividend yield and asset value instead.
| EPS Growth RateForward | 3.4% |
| Dividend Yield | +2.5% |
| Adjusted Growth (clamped 8–25%)Clamped | 8.0% |
| Fair P/E | 8.0x |
| NTM EPS (FY2026) | $19.11 |
| Fair Value | $152.91 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $19.19 | — | — |
| FY2026E | $19.11 | -0.4% | 7 |
| FY2027E | $20.07 | +5.0% | 8 |
| FY2028E | $21.23 | +5.8% | 7 |
3Y Forward EPS CAGR: 3.4%
| Year | Net Income | EPS | YoY |
|---|---|---|---|
| FY2021 | $820.5M | $14.92 | — |
The PEG Fair Value uses the Price/Earnings-to-Growth framework. A stock is fairly valued when its P/E ratio equals its earnings growth rate (PEG = 1.0). This model adds dividend yield to the growth rate per the original PEGY formula.
Growth rate priority: analyst consensus forward EPS CAGR (when ≥ 3 analysts cover the stock), falling back to historical EPS CAGR. Using EPS rather than net income avoids distortion from share buybacks. The growth rate is clamped between 8% and 25% — below 8% would undervalue stable earners, while above 25% would overvalue unsustainable spikes.
| FY2022 | $911.7M | $16.82 | +12.7% |
| FY2023 | $1.0B | $18.76 | +11.5% |
| FY2024 | $1.0B | $19.51 | +4.0% |
| FY2025 | $1.0B | $19.19 | -1.6% |
4Y Historical EPS CAGR: 6.5%