FAST Stock Overview
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$52.71|
|52 Week High||US$64.75|
|52 Week Low||US$48.84|
|1 Month Change||-5.89%|
|3 Month Change||1.04%|
|1 Year Change||-1.79%|
|3 Year Change||64.46%|
|5 Year Change||137.59%|
|Change since IPO||5,385.26%|
Recent News & Updates
A Look At The Intrinsic Value Of Fastenal Company (NASDAQ:FAST)
In this article we are going to estimate the intrinsic value of Fastenal Company ( NASDAQ:FAST ) by taking the forecast...
Fastenal (NASDAQ:FAST) Looks To Prolong Its Impressive Returns
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Fastenal: Not A Buy Despite Good Growth Prospects
Accelerating onsite openings and inventory management offerings should help the company’s growth. Operating margin should remain steady despite gross margin pressure. The stock looks pricey.
|FAST||US Trade Distributors||US Market|
Return vs Industry: FAST exceeded the US Trade Distributors industry which returned -5.8% over the past year.
Return vs Market: FAST exceeded the US Market which returned -10.4% over the past year.
|FAST Average Weekly Movement||4.2%|
|Trade Distributors Industry Average Movement||7.2%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: FAST is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FAST's weekly volatility (4%) has been stable over the past year.
About the Company
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company’s fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines.
Fastenal Fundamentals Summary
|FAST fundamental statistics|
Is FAST overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FAST income statement (TTM)|
|Cost of Revenue||US$3.37b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 13, 2022
|Earnings per share (EPS)||1.71|
|Net Profit Margin||15.62%|
How did FAST perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
Is Fastenal undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FAST ($52.71) is trading above our estimate of fair value ($47.86)
Significantly Below Fair Value: FAST is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FAST is poor value based on its PE Ratio (30.8x) compared to the US Trade Distributors industry average (13.4x).
PE vs Market: FAST is poor value based on its PE Ratio (30.8x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: FAST is poor value based on its PEG Ratio (3.7x)
Price to Book Ratio
PB vs Industry: FAST is overvalued based on its PB Ratio (9.7x) compared to the US Trade Distributors industry average (2.4x).
How is Fastenal forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FAST's forecast earnings growth (8.4% per year) is above the savings rate (1.9%).
Earnings vs Market: FAST's earnings (8.4% per year) are forecast to grow slower than the US market (12.6% per year).
High Growth Earnings: FAST's earnings are forecast to grow, but not significantly.
Revenue vs Market: FAST's revenue (7.8% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: FAST's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FAST's Return on Equity is forecast to be high in 3 years time (31.7%)
How has Fastenal performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FAST has high quality earnings.
Growing Profit Margin: FAST's current net profit margins (15.6%) are higher than last year (15.2%).
Past Earnings Growth Analysis
Earnings Trend: FAST's earnings have grown by 11.2% per year over the past 5 years.
Accelerating Growth: FAST's earnings growth over the past year (13.5%) exceeds its 5-year average (11.2% per year).
Earnings vs Industry: FAST earnings growth over the past year (13.5%) underperformed the Trade Distributors industry 92.2%.
Return on Equity
High ROE: FAST's Return on Equity (31.3%) is considered high.
How is Fastenal's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FAST's short term assets ($3.0B) exceed its short term liabilities ($745.5M).
Long Term Liabilities: FAST's short term assets ($3.0B) exceed its long term liabilities ($579.2M).
Debt to Equity History and Analysis
Debt Level: FAST's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: FAST's debt to equity ratio has reduced from 18.5% to 11.6% over the past 5 years.
Debt Coverage: FAST's debt is well covered by operating cash flow (198.7%).
Interest Coverage: FAST's interest payments on its debt are well covered by EBIT (136.3x coverage).
What is Fastenal current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FAST's dividend (2.35%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: FAST's dividend (2.35%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: FAST's dividends per share have been stable in the past 10 years.
Growing Dividend: FAST's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.2%), FAST's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (126.1%), FAST's dividend payments are not well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Florness (58 yo)
Mr. Daniel L. Florness, also known as Dan, has been the Chief Executive Officer, President and Director at Fastenal Company since January 1, 2016. Mr. Florness served as the Chief Financial Officer of Fast...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD2.42M) is below average for companies of similar size in the US market ($USD13.26M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
Experienced Management: FAST's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: FAST's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FAST insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Fastenal Company's employee growth, exchange listings and data sources
- Name: Fastenal Company
- Ticker: FAST
- Exchange: NasdaqGS
- Founded: 1967
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Implied Market Cap: US$30.329b
- Shares outstanding: 575.61m
- Website: https://www.fastenal.com
Number of Employees
- Fastenal Company
- 2001 Theurer Boulevard
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/16 00:00|
|End of Day Share Price||2022/05/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.