43.635 USD
-0.09 (-0.22%)
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. FAST scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 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.
- In the past year FAST had a positive cash flow from operations.
- 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
- The Return On Assets of FAST (24.91%) is better than 100.00% of its industry peers.
- Looking at the Return On Equity, with a value of 31.92%, FAST belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 29.08%, FAST belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital 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
- The Profit Margin of FAST (15.35%) is better than 82.00% of its industry peers.
- FAST's Profit Margin has been stable in the last couple of years.
- The Operating Margin of FAST (20.19%) 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 (45.01%) is better than 82.00% 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 | 20.19% | ||
| 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
- 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 about the same amout of shares outstanding than it did 1 year ago.
- FAST has about the same amout of shares outstanding than it did 5 years ago.
- FAST has a better debt/assets ratio than last year.
2.2 Solvency
- FAST has an Altman-Z score of 31.58. This indicates that FAST is financially healthy and has little risk of bankruptcy at the moment.
- FAST's Altman-Z score of 31.58 is amongst the best of the industry. FAST outperforms 100.00% of its industry peers.
- FAST has a debt to FCF ratio of 0.12. This is a very positive value and a sign of high solvency as it would only need 0.12 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 0.12, FAST belongs to the best of the industry, outperforming 88.00% 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.
- 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 | 0.12 | ||
| Altman-Z | 31.58 |
ROIC/WACC2.97
WACC9.79%
2.3 Liquidity
- A Current Ratio of 4.85 indicates that FAST has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 4.85, FAST belongs to the top of the industry, outperforming 92.00% of the companies in the same industry.
- 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's Quick ratio of 2.41 is amongst the best of the industry. FAST outperforms 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.
- Looking at the last year, FAST shows a quite strong growth in Revenue. The Revenue has grown by 8.67% in the last year.
- 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.
- The Revenue is expected to grow by 8.71% on average over the next years. This is quite good.
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
- 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 39.67, the valuation of FAST can be described as expensive.
- 62.00% 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 27.25.
- Based on the Price/Forward Earnings ratio of 35.19, the valuation of FAST can be described as expensive.
- FAST's Price/Forward Earnings ratio is in line with the industry average.
- FAST's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.67 | ||
| Fwd PE | 35.19 |
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.
- The rest of the industry has a similar Price/Free Cash Flow ratio as FAST.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.68 | ||
| EV/EBITDA | 27.28 |
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)3.12
PEG (5Y)4.89
EPS Next 2Y11.1%
EPS Next 3Y9.78%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.19%, 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 1.31. FAST pays more dividend than 84.00% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, FAST pays a bit more dividend than the S&P500 average.
| 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 been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)4.58%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- FAST pays out 79.79% of its income as dividend. 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 39.67 and the Price/Book (PB) ratio is 12.7.
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%.