Exploring NASDAQ:FAST's quality characteristics.

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 course 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.

Highlighting Notable Quality Metrics of NASDAQ:FAST.

• Over the past 5 years, FASTENAL CO has experienced impressive revenue growth, with 8.15% 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 31.03% 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 0.23, 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.
• FASTENAL CO exhibits impressive Profit Quality (5-year) with a 86.01% ratio, reflecting its consistent ability to generate high-quality profits. This metric underscores the company's strong financial performance and commitment to delivering sustainable earnings.
• FASTENAL CO has experienced impressive EBIT growth over the past 5 years, with 8.89% 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.

Zooming in on the fundamentals.

ChartMill assigns a Fundamental Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, FAST scores 7 out of 10 in our fundamental rating. FAST was compared to 50 industry peers in the Trading Companies & Distributors industry. Both the health and profitability get an excellent rating, making FAST a very profitable company, without any liquidiy or solvency issues. FAST is quite expensive at the moment. It does show a decent growth rate. These ratings would make FAST suitable 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.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.