43.89 USD
-0.89 (-1.99%)
43.9801 USD
+0.09 (+0.21%)
FAST gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 50 industry peers in the Trading Companies & Distributors industry. FAST has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. FAST is valied quite expensively at the moment, while it does show a decent growth rate. These ratings could make FAST a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
- FAST had positive earnings in the past year.
- FAST had a positive operating cash flow in the past year.
- In the past 5 years FAST has always been profitable.
- FAST had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 24.91%, FAST belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- FAST has a better Return On Equity (31.92%) than 90.00% of its industry peers.
- FAST has a Return On Invested Capital of 29.08%. This is amongst the best in the industry. FAST outperforms 100.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for FAST is significantly above the industry average of 9.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 24.91% | ||
| ROE | 31.92% | ||
| ROIC | 29.08% |
ROA(3y)25.09%
ROA(5y)24.14%
ROE(3y)32.74%
ROE(5y)32.6%
ROIC(3y)29.46%
ROIC(5y)28.69%
1.3 Margins
- With an excellent Profit Margin value of 15.35%, FAST belongs to the best of the industry, outperforming 82.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of FAST has remained more or less at the same level.
- Looking at the Operating Margin, with a value of 20.19%, FAST belongs to the top of the industry, outperforming 82.00% of the companies in the same industry.
- In the last couple of years the Operating Margin of FAST has remained more or less at the same level.
- FAST has a better Gross Margin (45.01%) than 82.00% of its industry peers.
- FAST's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.19% | ||
| PM (TTM) | 15.35% | ||
| GM | 45.01% |
OM growth 3Y-1.02%
OM growth 5Y0%
PM growth 3Y-0.48%
PM growth 5Y0.17%
GM growth 3Y-0.77%
GM growth 5Y-0.2%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), FAST is creating value.
- The number of shares outstanding for FAST remains at a similar level compared to 1 year ago.
- The number of shares outstanding for FAST remains at a similar level compared to 5 years ago.
- FAST has a better debt/assets ratio than last year.
2.2 Solvency
- FAST has an Altman-Z score of 31.68. This indicates that FAST is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 31.68, FAST belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- The Debt to FCF ratio of FAST is 0.12, which is an excellent value as it means it would take FAST, only 0.12 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of FAST (0.12) is better than 88.00% 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 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.12 | ||
| Altman-Z | 31.68 |
ROIC/WACC2.97
WACC9.79%
2.3 Liquidity
- FAST has a Current Ratio of 4.85. This indicates that FAST is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of FAST (4.85) is better than 92.00% of its industry peers.
- FAST has a Quick Ratio of 2.41. This indicates that FAST is financially healthy and has no problem in meeting its short term obligations.
- FAST has a better Quick ratio (2.41) than 86.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.85 | ||
| Quick Ratio | 2.41 |
3. Growth
3.1 Past
- FAST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.45%, which is quite good.
- The Earnings Per Share has been growing by 8.11% on average over the past years. This is quite good.
- FAST shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.67%.
- Measured over the past years, FAST shows a small growth in Revenue. The Revenue has been growing by 7.75% on average per year.
EPS 1Y (TTM)9.45%
EPS 3Y5.01%
EPS 5Y8.11%
EPS Q2Q%13.04%
Revenue 1Y (TTM)8.67%
Revenue growth 3Y5.52%
Revenue growth 5Y7.75%
Sales Q2Q%11.12%
3.2 Future
- The Earnings Per Share is expected to grow by 10.02% on average over the next years. This is quite good.
- FAST is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.71% yearly.
EPS Next Y12.72%
EPS Next 2Y11.1%
EPS Next 3Y9.78%
EPS Next 5Y10.02%
Revenue Next Year9.44%
Revenue Next 2Y8.87%
Revenue Next 3Y8.03%
Revenue Next 5Y8.71%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- FAST is valuated quite expensively with a Price/Earnings ratio of 39.90.
- Based on the Price/Earnings ratio, FAST is valued a bit more expensive than the industry average as 62.00% of the companies are valued more cheaply.
- The average S&P500 Price/Earnings ratio is at 27.21. FAST is valued slightly more expensive when compared to this.
- Based on the Price/Forward Earnings ratio of 35.40, the valuation of FAST can be described as expensive.
- The rest of the industry has a similar Price/Forward Earnings ratio as FAST.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. FAST is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.9 | ||
| Fwd PE | 35.4 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, FAST is valued a bit more expensive than the industry average as 70.00% of the companies are valued more cheaply.
- FAST's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.96 | ||
| EV/EBITDA | 27.38 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The excellent profitability rating of FAST may justify a higher PE ratio.
PEG (NY)3.14
PEG (5Y)4.92
EPS Next 2Y11.1%
EPS Next 3Y9.78%
5. Dividend
5.1 Amount
- FAST has a Yearly Dividend Yield of 2.19%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.31, FAST pays a better dividend. On top of this FAST pays more dividend than 84.00% of the companies listed in the same industry.
- FAST's Dividend Yield is a higher than the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.19% |
5.2 History
- The dividend of FAST has a limited annual growth rate of 4.58%.
- FAST has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.58%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 79.79% of the earnings are spent on dividend by FAST. This is not a sustainable payout ratio.
- The dividend of FAST is growing, but earnings are growing more, so the dividend growth is sustainable.
DP79.79%
EPS Next 2Y11.1%
EPS Next 3Y9.78%
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 of FASTENAL CO (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.
What are the PE and PB ratios of FASTENAL CO (FAST) stock?
The Price/Earnings (PE) ratio for FASTENAL CO (FAST) is 39.9 and the Price/Book (PB) ratio is 12.78.
Can you provide the dividend sustainability for FAST stock?
The dividend rating of FASTENAL CO (FAST) is 5 / 10 and the dividend payout ratio is 79.79%.