41.22 USD
+0.75 (+1.85%)
41.19 USD
-0.03 (-0.07%)
Overall FAST gets a fundamental rating of 7 out of 10. We evaluated FAST against 49 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. 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.
Each year in the past 5 years FAST had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 23.97%, FAST belongs to the top 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 89.80% of its industry peers.
FAST's Return On Invested Capital of 28.71% is amongst the best of 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 9.22%.
| 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 has a Operating Margin of 20.21%. This is amongst the best in the industry. FAST outperforms 81.63% of its industry peers.
In the last couple of years the Operating Margin of FAST has remained more or less at the same level.
Looking at the Gross Margin, with a value of 45.15%, FAST belongs to the top of the industry, outperforming 81.63% of the companies in the same industry.
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.
The number of shares outstanding for FAST remains at a similar level compared to 5 years ago.
Compared to 1 year ago, FAST has an improved debt to assets ratio.
2.2 Solvency
FAST has an Altman-Z score of 27.11. This indicates that FAST is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 27.11, FAST belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
FAST has a debt to FCF ratio of 0.20. This is a very positive value and a sign of high solvency as it would only need 0.20 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.20, FAST belongs to the best of the industry, outperforming 89.80% of the companies in the same industry.
FAST has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
FAST's Debt to Equity ratio of 0.03 is fine compared to the rest 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 | 27.11 |
ROIC/WACC3.07
WACC9.36%
2.3 Liquidity
A Current Ratio of 4.26 indicates that FAST has no problem at all paying its short term obligations.
The Current ratio of FAST (4.26) is better than 91.84% of its industry peers.
FAST has a Quick Ratio of 2.19. This indicates that FAST is financially healthy and has no problem in meeting its short term obligations.
FAST has a Quick ratio of 2.19. This is amongst the best in 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.
FAST shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.81% yearly.
FAST shows a small growth in Revenue. In the last year, the Revenue has grown by 6.92%.
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.
FAST is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.94% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 38.52 indicates a quite expensive valuation of FAST.
61.22% of the companies in the same industry are cheaper than FAST, based on the Price/Earnings ratio.
FAST's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.37.
FAST is valuated quite expensively with a Price/Forward Earnings ratio of 33.27.
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 36.20, FAST is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.52 | ||
| Fwd PE | 33.27 |
4.2 Price Multiples
71.43% 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 | 49.03 | ||
| EV/EBITDA | 25.83 |
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)4.93
EPS Next 2Y11.03%
EPS Next 3Y10.19%
5. Dividend
5.1 Amount
FAST has a Yearly Dividend Yield of 2.18%.
FAST's Dividend Yield is rather good when compared to the industry average which is at 1.95. FAST pays more dividend than 89.80% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, FAST has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
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
FAST pays out 79.49% of its income as dividend. This is not a sustainable payout ratio.
DP79.49%
EPS Next 2Y11.03%
EPS Next 3Y10.19%
41.22
+0.75 (+1.85%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners87.33%
Inst Owner Change2.21%
Ins Owners0.09%
Ins Owner Change0.08%
Market Cap47.32B
Revenue(TTM)8.00B
Net Income(TTM)1.23B
Analysts70
Price Target44.53 (8.03%)
Short Float %2.42%
Short Ratio4.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
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)-0.26%
EPS NQ rev (3m)-3.68%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.09%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-0.14%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.52 | ||
| Fwd PE | 33.27 | ||
| P/S | 5.92 | ||
| P/FCF | 49.03 | ||
| P/OCF | 39.09 | ||
| P/B | 12.15 | ||
| P/tB | 12.15 | ||
| EV/EBITDA | 25.83 |
EPS(TTM)1.07
EY2.6%
EPS(NY)1.24
Fwd EY3.01%
FCF(TTM)0.84
FCFY2.04%
OCF(TTM)1.05
OCFY2.56%
SpS6.97
BVpS3.39
TBVpS3.39
PEG (NY)3.33
PEG (5Y)4.93
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 | 27.11 |
F-Score3
WACC9.36%
ROIC/WACC3.07
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.