AIEQ2.450%
as of Oct 26
SNA
DefensiveSnap-On Incorporated
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. The company offers hand tools, such as wrenches, sockets, ratchet wrenches, pliers, screwdrivers, punches and chisels, saws and cutting tools, pruning tools, torque tools, and other similar products; power tools, including cordless, pneumatic, and hydraulic and corded tools; impact wrenches, ratchets, screwdrivers, drills, sanders, and grinders.
Close · 3M
-7.66%
Held by 2 AI ETFs
PQUS0.160%
as of Oct 23
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals2
Win rate0% (0/2)
Avg buy return-4.78%
AIEQ · Weight decrease · 4d
weight 2.500% → 2.400% (-0.100 pp)·stock down 3.9% in the 30 days before
Oct 9·entry $360.37·now $357.02
-0.93%
since Oct 9
AIEQ · Weight decrease · 3d
weight 2.500% → 2.410% (-0.090 pp)·stock down 4.9% in the 30 days before
Oct 8·entry $358.88·now $357.02
-0.52%
since Oct 8
AIEQ · Weight decrease · 2d
weight 2.500% → 2.450% (-0.050 pp)·stock down 5.3% in the 30 days before
Oct 7·entry $359.89·now $357.02
-0.80%
since Oct 7
AIEQ · Weight increase · 2d
weight 0.050% → 2.510% (+2.460 pp)·stock down 3.1% in the 30 days before
Oct 2·entry $368.90·now $357.02Fresh
-3.22%
since Oct 2
AIEQ · Sudden change · 1d
weight 0.050% → 2.480% (+2.430 pp)·stock down 3.5% in the 30 days before
Oct 1·entry $367.72·now $357.02
-2.91%
since Oct 1
AIEQ · New entry · 1d
weight 0 → 0.050% (new)·stock down 6.9% in the 30 days before
Sep 1·entry $381.20·now $357.02Fresh
-6.34%
since Sep 1
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.
Buffett-style framework
Fails the frameworkas of Oct 11
AIEQ made a sudden large jump into Snap-on on October 1 and 2, lifting the weight from near zero to about 2.5%, and has trimmed it each day since (October 7 to 9) to 2.40%, while PQUS holds a token 0.16%. A Buffett-style read agrees with the quality of the business but not with a large allocation at this price, so AIEQ's early trimming is roughly consistent with the thin margin of safety, even though the position is still sizable.
- Circle of CompetenceSnap-on sells hand tools, diagnostics, and repair-shop equipment to professional technicians, and its unit economics are stable and easy to project over ten years.
- Economic MoatThe moat comes from a brand professional mechanics trust, a franchise van network that gives direct customer access and sticky relationships, and captive financing, though the tool-truck channel faces some pressure from online and big-box competitors.
- ManagementThe financials alone cannot show how candid management is, but the steady record on buybacks, dividends, and bolt-on acquisitions points to disciplined capital allocation, and insider ownership could not be verified from the data provided.
- Financial HealthThe 17.25% ROE clears the 15% hurdle, growth is steady at about 5%, and the business generates reliably positive owner earnings with modest capital needs, although the ten-year ROE floor and the margin trend were not provided and debt includes financing-arm borrowings.
- Margin of SafetyA P/E of 18.4 and EV/EBITDA of 16.73 look like a fair price for a quality compounder, but they leave little discount to a conservative estimate of intrinsic value, so the margin of safety is thin.
Snap-on sits comfortably inside the circle of competence, has a real brand and distribution moat, and earns solid returns on equity. Management could not be fully judged from the data. At roughly 18 times earnings the price offers a fair rather than a discounted entry, so the framework fails it on margin of safety. This is a wonderful business that would become more attractive on a pullback.
Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.