With a market capitalization of $27,853,065,776, Fastenal Co has a greater market value than 92.15% of US stocks.
FAST's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 538.94 -- higher than 93.51% of US-listed equities with positive expected earnings growth.
Of note is the ratio of Fastenal Co's sales and general administrative expense to its total operating expenses; 97.23% of US stocks have a lower such ratio.
Stocks that are quantitatively similar to FAST, based on their financial statements, market capitalization, and price volatility, are AFL, GWW, GIB, ODFL, and CRH.
FAST's SEC filings can be seen here. And to visit Fastenal Co's official web site, go to www.fastenal.com.
Fastenal Company engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. The company offers fasteners, and other industrial and construction supplies primarily under the Fastenal name. The company was founded in 1967 and is based in Winona, Minnesota.
FAST Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for FAST, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Fastenal Co ranked in the 35th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for FAST, they are:
Interest coverage, a measure of earnings relative to interest payments, is 113.95 -- which is good for besting 97% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
The business' balance sheet reveals debt to be 2% of the company's capital (with equity being the remaining amount). Approximately just 10.19% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
FAST's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 48.34% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Fastenal Co? See PATI, WTS, FSS, HCCI, and ITW.
WINONA, Minn.--(BUSINESS WIRE)--Fastenal Company (Nasdaq:FAST) announced the date and time for its conference call to review 2020 third quarter results, as well as current operations. The conference call will be broadcast live over the Internet on Tuesday, October 13, 2020 at 9:00 a.m. central time. To access the call, please visit the following Web address: https://investor.fastenal.com/events.cfm Our conference call presentation (which includes information, supplemental to that contained in o
FAST Can Move Sideways For Now Source COVID-19 has caused Fastenal Company (FAST) to re-prioritize its strategies. As healthcare-related product demand surges, it shifts away from fastener sales. Plus, it has been increasingly sourcing sales from onsite locations instead of the public branches. While the headwinds in the economy and...
Badsha Chowdhury on Seeking Alpha | September 16, 2020
Fastenal ([[FAST]] -2.6%) reports sales for the 4-week period ending on August 29, 2020 decreased 2.2% to $465.2M led by a drop of 4.5% in business days.Daily sales rose 2.5% with rest of the world reporting highest (15%) growth; U.S. and Canada/Mexico followed with 1.9% and 3.8% respectively.In terms of end-markets,...
On CNBC's "Trading Nation," Mark Tepper of Strategic Wealth Partners said that Fastenal Company (NASDAQ: FAST ) had a great quarter, but it's unsustainable. The company had a huge growth by selling more safety products and that was enough to offset the decline in other segments, but the demand for such products is … Full story available on Benzinga.com