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Exploring NASDAQ:FAST's quality characteristics.

By Mill Chart

Last update: Aug 22, 2023

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if FASTENAL CO (NASDAQ:FAST) is suited for quality investing. Investors should of couse do their own research, but we spotted FASTENAL CO showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

Why NASDAQ:FAST may be interesting for quality investors.

  • Over the past 5 years, FASTENAL CO has experienced impressive revenue growth, with 9.72% increase. This demonstrates the company's ability to effectively expand its top line and suggests a positive outlook for future revenue generation.
  • FASTENAL CO demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 31.71% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
  • FASTENAL CO demonstrates a well-balanced Debt/Free Cash Flow Ratio of 0.33, indicating effective debt management and strong cash flow generation. This ratio suggests the company has a sustainable financial position and the capacity to allocate capital efficiently.
  • With a favorable Profit Quality (5-year) ratio of 77.44%, FASTENAL CO showcases its ability to consistently deliver high-quality profits. This metric signifies the company's financial strength and its capacity to generate sustainable earnings over an extended period.
  • FASTENAL CO has experienced impressive EBIT growth over the past 5 years, with 10.54% increase. This reflects the company's effective operational performance and highlights its potential for long-term financial success.
  • FASTENAL CO demonstrates a remarkable trend where its EBIT 5-year growth exceeds its Revenue 5-year growth. This indicates the company's ability to enhance its profitability through improved cost control and operational efficiency.

How does the complete fundamental picture look for NASDAQ:FAST?

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

FAST gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 52 industry peers in the Trading Companies & Distributors industry. FAST scores excellent points on both the profitability and health parts. This is a solid base for a good stock. While showing a medium growth rate, FAST is valued expensive at the moment. With these ratings, FAST could be worth investigating further for quality investing!.

Our latest full fundamental report of FAST contains the most current fundamental analsysis.

Our Caviar Cruise screen will find you more ideas suited for quality investing.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.



NASDAQ:FAST (12/8/2023, 7:00:02 PM)

After market: 62.29 0 (0%)


-0.07 (-0.11%)


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