40.4 USD
+0.1 (+0.25%)
40.4 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to FAST. FAST was compared to 49 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. This makes FAST very considerable for quality investing!
1. Profitability
1.1 Basic Checks
FAST had positive earnings in the past year.
In the past year FAST had a positive cash flow from operations.
Each year in the past 5 years FAST has been profitable.
FAST had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of FAST (23.97%) is better than 100.00% of its industry peers.
The Return On Equity of FAST (31.50%) is better than 89.80% of its industry peers.
Looking at the Return On Invested Capital, with a value of 28.71%, FAST belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FAST is significantly above the industry average of 9.22%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 23.97% | ||
| ROE | 31.5% | ||
| ROIC | 28.71% |
ROA(3y)24.76%
ROA(5y)23.49%
ROE(3y)33.56%
ROE(5y)32.5%
ROIC(3y)29.56%
ROIC(5y)28.03%
1.3 Margins
FAST has a Profit Margin of 15.34%. This is amongst the best in the industry. FAST outperforms 81.63% of its industry peers.
FAST's Profit Margin has been stable in the last couple of years.
FAST's Operating Margin of 20.21% is amongst the best of the industry. FAST outperforms 81.63% of its industry peers.
FAST's Operating Margin has been stable in the last couple of years.
FAST has a better Gross Margin (45.15%) than 81.63% of its industry peers.
In the last couple of years the Gross Margin of FAST has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.21% | ||
| PM (TTM) | 15.34% | ||
| GM | 45.15% |
OM growth 3Y-0.4%
OM growth 5Y0.21%
PM growth 3Y-0.31%
PM growth 5Y0.56%
GM growth 3Y-0.82%
GM growth 5Y-0.9%
2. Health
2.1 Basic Checks
FAST has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
FAST has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FAST has about the same amount of shares outstanding.
Compared to 1 year ago, FAST has an improved debt to assets ratio.
2.2 Solvency
FAST has an Altman-Z score of 27.01. This indicates that FAST is financially healthy and has little risk of bankruptcy at the moment.
FAST has a Altman-Z score of 27.01. This is amongst the best in the industry. FAST outperforms 100.00% of its industry peers.
The Debt to FCF ratio of FAST is 0.20, which is an excellent value as it means it would take FAST, only 0.20 years of fcf income to pay off all of its debts.
FAST has a better Debt to FCF ratio (0.20) than 89.80% of its industry peers.
A Debt/Equity ratio of 0.03 indicates that FAST is not too dependend on debt financing.
FAST has a Debt to Equity ratio of 0.03. This is in the better half of the industry: FAST outperforms 79.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.2 | ||
| Altman-Z | 27.01 |
ROIC/WACC2.86
WACC10.05%
2.3 Liquidity
A Current Ratio of 4.26 indicates that FAST has no problem at all paying its short term obligations.
With an excellent Current ratio value of 4.26, FAST belongs to the best of the industry, outperforming 91.84% of the companies in the same industry.
A Quick Ratio of 2.19 indicates that FAST has no problem at all paying its short term obligations.
FAST's Quick ratio of 2.19 is amongst the best of the industry. FAST outperforms 81.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.26 | ||
| Quick Ratio | 2.19 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.47% over the past year.
The Earnings Per Share has been growing slightly by 7.81% on average over the past years.
Looking at the last year, FAST shows a small growth in Revenue. The Revenue has grown by 6.92% in the last year.
The Revenue has been growing slightly by 7.19% on average over the past years.
EPS 1Y (TTM)6.47%
EPS 3Y7.68%
EPS 5Y7.81%
EPS Q2Q%11.54%
Revenue 1Y (TTM)6.92%
Revenue growth 3Y7.88%
Revenue growth 5Y7.19%
Sales Q2Q%11.68%
3.2 Future
Based on estimates for the next years, FAST will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.13% on average per year.
Based on estimates for the next years, FAST will show a quite strong growth in Revenue. The Revenue will grow by 8.94% on average per year.
EPS Next Y11.58%
EPS Next 2Y11.03%
EPS Next 3Y10.19%
EPS Next 5Y11.13%
Revenue Next Year8.47%
Revenue Next 2Y8.7%
Revenue Next 3Y8.35%
Revenue Next 5Y8.94%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 37.76, which means the current valuation is very expensive for FAST.
Based on the Price/Earnings ratio, FAST is valued a bit more expensive than the industry average as 61.22% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of FAST to the average of the S&P500 Index (26.31), we can say FAST is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 32.61, the valuation of FAST can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FAST indicates a slightly more expensive valuation: FAST is more expensive than 65.31% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, FAST is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.76 | ||
| Fwd PE | 32.61 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FAST indicates a slightly more expensive valuation: FAST is more expensive than 71.43% of the companies listed in the same industry.
FAST's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.06 | ||
| EV/EBITDA | 25.72 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
FAST has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.26
PEG (5Y)4.83
EPS Next 2Y11.03%
EPS Next 3Y10.19%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.25%, FAST has a reasonable but not impressive dividend return.
FAST's Dividend Yield is rather good when compared to the industry average which is at 2.08. FAST pays more dividend than 87.76% of the companies in the same industry.
FAST's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
5.2 History
The dividend of FAST decreases each year by -2.16%.
FAST has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-2.16%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
79.49% of the earnings are spent on dividend by FAST. This is not a sustainable payout ratio.
DP79.49%
EPS Next 2Y11.03%
EPS Next 3Y10.19%
40.4
+0.1 (+0.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners87.33%
Inst Owner Change2.2%
Ins Owners0.09%
Ins Owner Change0.08%
Market Cap46.38B
Revenue(TTM)8.00B
Net Income(TTM)1.23B
Analysts70
Price Target44.53 (10.22%)
Short Float %2.29%
Short Ratio3.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
Yearly Dividend0.78
Dividend Growth(5Y)-2.16%
DP79.49%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.42%
Min EPS beat(2)-3.93%
Max EPS beat(2)1.09%
EPS beat(4)1
Avg EPS beat(4)-2.62%
Min EPS beat(4)-5.73%
Max EPS beat(4)1.09%
EPS beat(8)1
Avg EPS beat(8)-2.06%
EPS beat(12)3
Avg EPS beat(12)-1.44%
EPS beat(16)6
Avg EPS beat(16)-0.63%
Revenue beat(2)0
Avg Revenue beat(2)-1.73%
Min Revenue beat(2)-1.78%
Max Revenue beat(2)-1.69%
Revenue beat(4)0
Avg Revenue beat(4)-1.98%
Min Revenue beat(4)-2.95%
Max Revenue beat(4)-1.49%
Revenue beat(8)0
Avg Revenue beat(8)-1.99%
Revenue beat(12)0
Avg Revenue beat(12)-1.96%
Revenue beat(16)0
Avg Revenue beat(16)-1.79%
PT rev (1m)-1.13%
PT rev (3m)3.93%
EPS NQ rev (1m)-0.55%
EPS NQ rev (3m)-3.94%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.09%
Revenue NQ rev (1m)-0.14%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.76 | ||
| Fwd PE | 32.61 | ||
| P/S | 5.8 | ||
| P/FCF | 48.06 | ||
| P/OCF | 38.31 | ||
| P/B | 11.91 | ||
| P/tB | 11.91 | ||
| EV/EBITDA | 25.72 |
EPS(TTM)1.07
EY2.65%
EPS(NY)1.24
Fwd EY3.07%
FCF(TTM)0.84
FCFY2.08%
OCF(TTM)1.05
OCFY2.61%
SpS6.97
BVpS3.39
TBVpS3.39
PEG (NY)3.26
PEG (5Y)4.83
Graham Number9.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 23.97% | ||
| ROE | 31.5% | ||
| ROCE | 37.73% | ||
| ROIC | 28.71% | ||
| ROICexc | 30.78% | ||
| ROICexgc | 30.78% | ||
| OM | 20.21% | ||
| PM (TTM) | 15.34% | ||
| GM | 45.15% | ||
| FCFM | 12.07% |
ROA(3y)24.76%
ROA(5y)23.49%
ROE(3y)33.56%
ROE(5y)32.5%
ROIC(3y)29.56%
ROIC(5y)28.03%
ROICexc(3y)31.48%
ROICexc(5y)29.95%
ROICexgc(3y)31.48%
ROICexgc(5y)30.19%
ROCE(3y)38.84%
ROCE(5y)36.84%
ROICexgc growth 3Y3.75%
ROICexgc growth 5Y3.24%
ROICexc growth 3Y3.75%
ROICexc growth 5Y3.24%
OM growth 3Y-0.4%
OM growth 5Y0.21%
PM growth 3Y-0.31%
PM growth 5Y0.56%
GM growth 3Y-0.82%
GM growth 5Y-0.9%
F-Score3
Asset Turnover1.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.2 | ||
| Debt/EBITDA | 0.06 | ||
| Cap/Depr | 137.07% | ||
| Cap/Sales | 3.07% | ||
| Interest Coverage | 215.51 | ||
| Cash Conversion | 67.43% | ||
| Profit Quality | 78.68% | ||
| Current Ratio | 4.26 | ||
| Quick Ratio | 2.19 | ||
| Altman-Z | 27.01 |
F-Score3
WACC10.05%
ROIC/WACC2.86
Cap/Depr(3y)108.34%
Cap/Depr(5y)104.05%
Cap/Sales(3y)2.61%
Cap/Sales(5y)2.69%
Profit Quality(3y)87.32%
Profit Quality(5y)87.39%
High Growth Momentum
Growth
EPS 1Y (TTM)6.47%
EPS 3Y7.68%
EPS 5Y7.81%
EPS Q2Q%11.54%
EPS Next Y11.58%
EPS Next 2Y11.03%
EPS Next 3Y10.19%
EPS Next 5Y11.13%
Revenue 1Y (TTM)6.92%
Revenue growth 3Y7.88%
Revenue growth 5Y7.19%
Sales Q2Q%11.68%
Revenue Next Year8.47%
Revenue Next 2Y8.7%
Revenue Next 3Y8.35%
Revenue Next 5Y8.94%
EBIT growth 1Y6.41%
EBIT growth 3Y7.44%
EBIT growth 5Y7.41%
EBIT Next Year21.94%
EBIT Next 3Y13.46%
EBIT Next 5Y12.31%
FCF growth 1Y-19.66%
FCF growth 3Y15.56%
FCF growth 5Y9.69%
OCF growth 1Y-12.31%
OCF growth 3Y15.07%
OCF growth 5Y6.84%
FASTENAL CO / FAST FAQ
What is the ChartMill fundamental rating of FASTENAL CO (FAST) stock?
ChartMill assigns a fundamental rating of 7 / 10 to FAST.
What is the valuation status for FAST stock?
ChartMill assigns a valuation rating of 2 / 10 to FASTENAL CO (FAST). This can be considered as Overvalued.
What is the profitability of FAST stock?
FASTENAL CO (FAST) has a profitability rating of 8 / 10.
Can you provide the financial health for FAST stock?
The financial health rating of FASTENAL CO (FAST) is 9 / 10.
What is the earnings growth outlook for FASTENAL CO?
The Earnings per Share (EPS) of FASTENAL CO (FAST) is expected to grow by 11.58% in the next year.