40.87 USD
-0.42 (-1.02%)
40.89 USD
+0.02 (+0.05%)
FAST gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 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. While showing a medium growth rate, FAST is valued expensive at the moment. These ratings could make FAST a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year FAST was profitable.
FAST had a positive operating cash flow in the past year.
FAST had positive earnings in each of the past 5 years.
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 23.97%, FAST belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
FAST's Return On Equity of 31.50% is amongst the best of the industry. FAST outperforms 90.00% of its industry peers.
FAST has a Return On Invested Capital of 28.71%. This is amongst the best in the industry. FAST outperforms 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FAST is significantly above the industry average of 9.63%.
| 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
With an excellent Profit Margin value of 15.34%, 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.
The Operating Margin of FAST (20.21%) is better than 82.00% of its industry peers.
FAST's Operating Margin has been stable in the last couple of years.
The Gross Margin of FAST (45.15%) is better 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 | 20.21% | ||
| 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
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 has been increased compared to 1 year ago.
FAST has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for FAST has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 27.57 indicates that FAST is not in any danger for bankruptcy at the moment.
FAST's Altman-Z score of 27.57 is amongst the best of 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.
Looking at the Debt to FCF ratio, with a value of 0.20, FAST belongs to the top of the industry, outperforming 88.00% of the companies in the same industry.
A Debt/Equity ratio of 0.03 indicates that FAST is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.03, FAST is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.2 | ||
| Altman-Z | 27.57 |
ROIC/WACC2.95
WACC9.73%
2.3 Liquidity
A Current Ratio of 4.26 indicates that FAST has no problem at all paying its short term obligations.
FAST has a better Current ratio (4.26) than 90.00% of its industry peers.
A Quick Ratio of 2.19 indicates that FAST has no problem at all paying its short term obligations.
The Quick ratio of FAST (2.19) is better than 82.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.26 | ||
| Quick Ratio | 2.19 |
3. Growth
3.1 Past
FAST shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.47%.
Measured over the past 5 years, FAST shows a small growth in Earnings Per Share. The EPS has been growing by 7.81% on average per year.
The Revenue has been growing slightly by 6.92% in the past year.
FAST shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.19% yearly.
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.
The Revenue is expected to grow by 8.94% on average over the next years. This is quite good.
EPS Next Y11.48%
EPS Next 2Y11.08%
EPS Next 3Y10.44%
EPS Next 5Y11.13%
Revenue Next Year8.47%
Revenue Next 2Y8.75%
Revenue Next 3Y8.53%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
FAST is valuated quite expensively with a Price/Earnings ratio of 38.20.
Based on the Price/Earnings ratio, FAST is valued a bit more expensive than 62.00% of the companies in the same industry.
FAST's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.77.
With a Price/Forward Earnings ratio of 32.96, FAST can be considered very expensive at the moment.
FAST's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. FAST is more expensive than 62.00% of the companies in the same industry.
FAST is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.35, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.2 | ||
| Fwd PE | 32.96 |
4.2 Price Multiples
72.00% of the companies in the same industry are cheaper than FAST, based on the Enterprise Value to EBITDA ratio.
FAST's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.62 | ||
| EV/EBITDA | 26.35 |
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)3.33
PEG (5Y)4.89
EPS Next 2Y11.08%
EPS Next 3Y10.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.10%, 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 0.98. FAST pays more dividend than 88.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, FAST has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.1% |
5.2 History
The dividend of FAST decreases each year by -2.16%.
FAST has been paying a dividend for at least 10 years, so it has 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 2Y11.08%
EPS Next 3Y10.44%
40.87
-0.42 (-1.02%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners88.34%
Inst Owner Change2.37%
Ins Owners0.09%
Ins Owner Change0.09%
Market Cap46.92B
Revenue(TTM)8.00B
Net Income(TTM)1.23B
Analysts56.52
Price Target44.64 (9.22%)
Short Float %2.75%
Short Ratio4.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.1% |
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)0.26%
PT rev (3m)-0.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.4%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)-1.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.2 | ||
| Fwd PE | 32.96 | ||
| P/S | 5.87 | ||
| P/FCF | 48.62 | ||
| P/OCF | 38.76 | ||
| P/B | 12.05 | ||
| P/tB | 12.05 | ||
| EV/EBITDA | 26.35 |
EPS(TTM)1.07
EY2.62%
EPS(NY)1.24
Fwd EY3.03%
FCF(TTM)0.84
FCFY2.06%
OCF(TTM)1.05
OCFY2.58%
SpS6.97
BVpS3.39
TBVpS3.39
PEG (NY)3.33
PEG (5Y)4.89
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 | 27.57 |
F-Score3
WACC9.73%
ROIC/WACC2.95
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 Y11.48%
EPS Next 2Y11.08%
EPS Next 3Y10.44%
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 2Y8.75%
Revenue Next 3Y8.53%
Revenue Next 5Y8.94%
EBIT growth 1Y6.41%
EBIT growth 3Y7.44%
EBIT growth 5Y7.41%
EBIT Next Year20.78%
EBIT Next 3Y13.13%
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 6 / 10 to FAST.
What is the valuation status for FAST stock?
ChartMill assigns a valuation rating of 1 / 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 11.48% in the next year.