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 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.
FAST had positive earnings in each of the past 5 years.
In the past 5 years FAST always reported a positive cash flow from operatings.
1.2 Ratios
FAST has a better Return On Assets (23.97%) than 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 31.50%, FAST belongs to the top of the industry, outperforming 89.80% of the companies in the same industry.
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 9.22%.
| 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
Looking at the Profit Margin, with a value of 15.34%, FAST belongs to the top of the industry, outperforming 81.63% 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.
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.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), FAST is creating value.
Compared to 1 year ago, FAST has more shares outstanding
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 27.07. This indicates that FAST is financially healthy and has little risk of bankruptcy at the moment.
FAST has a Altman-Z score of 27.07. This is amongst the best in the industry. FAST outperforms 100.00% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 0.20, FAST belongs to the top 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 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 | 27.07 |
ROIC/WACC2.85
WACC10.07%
2.3 Liquidity
FAST has a Current Ratio of 4.26. This indicates that FAST is financially healthy and has no problem in meeting its short term obligations.
FAST's Current ratio of 4.26 is amongst the best of the industry. FAST outperforms 91.84% of its industry peers.
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
FAST shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.47%.
FAST shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.81% yearly.
Looking at the last year, FAST shows a small growth in Revenue. The Revenue has grown by 6.92% in the last year.
Measured over the past years, FAST shows a small growth in Revenue. The Revenue has been growing by 7.19% on average per year.
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
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 37.76 indicates a quite expensive valuation of FAST.
Compared to the rest of the industry, the Price/Earnings ratio of FAST indicates a slightly more expensive valuation: FAST is more expensive than 61.22% of the companies listed in the same industry.
FAST is valuated rather expensively when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 32.61, FAST can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, FAST is valued a bit more expensive than 65.31% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FAST to the average of the S&P500 Index (36.59), we can say FAST is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.76 | ||
| Fwd PE | 32.61 |
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.
The rest of the industry has a similar Price/Free Cash Flow ratio as FAST.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.06 | ||
| EV/EBITDA | 25.78 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FAST does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of FAST 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
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 1.97. FAST pays more dividend than 89.80% of the companies in the same industry.
FAST's Dividend Yield is comparable with the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.18% |
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
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%
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 Change2.21%
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 | 2.18% |
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 | 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 | 25.78 |
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 | 27.07 |
F-Score3
WACC10.07%
ROIC/WACC2.85
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.