Company Valuation: Fastenal Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 36,845 27,103 37,023 41,196 46,071 51,362 - -
Change - -26.44% 36.6% 11.27% 11.83% 11.49% - -
Enterprise Value (EV) 1 36,999 27,428 37,061 41,140 45,919 51,248 51,163 51,087
Change - -25.87% 35.12% 11.01% 11.61% 11.6% -0.16% -0.15%
P/E 40x 25x 32.1x 36x 36.8x 35.6x 32.1x 29.3x
PBR 12.1x 8.61x 11.1x 11.4x 11.7x 12.1x 11.2x 10.2x
PEG - 1.4x 4.67x -36.36x 4.09x 2.3x 3x 3.07x
Capitalization / Revenue 6.13x 3.88x 5.04x 5.46x 5.62x 5.55x 5.08x 4.7x
EV / Revenue 6.16x 3.93x 5.04x 5.45x 5.6x 5.53x 5.06x 4.67x
EV / EBITDA 26.7x 16.8x 21.7x 24.4x 25x 24.5x 22.1x 20x
EV / EBIT 30.4x 18.9x 24.2x 27.2x 27.7x 27x 24.2x 22.1x
EV / FCF 60.3x 35.8x 29.4x 43.5x 43.7x 45.4x 40.2x 38.2x
FCF Yield 1.66% 2.8% 3.4% 2.3% 2.29% 2.2% 2.49% 2.62%
Dividend per Share 2 0.56 0.62 0.7 0.78 0.875 0.9672 1.054 1.135
Rate of return 1.75% 2.62% 2.16% 2.17% 2.18% 2.16% 2.36% 2.54%
EPS 2 0.8 0.945 1.01 1 1.09 1.258 1.392 1.525
Distribution rate 70% 65.6% 69.3% 78% 80.3% 76.9% 75.7% 74.4%
Net sales 1 6,011 6,981 7,347 7,546 8,200 9,259 10,105 10,932
EBITDA 1 1,388 1,630 1,706 1,685 1,835 2,094 2,318 2,552
EBIT 1 1,217 1,454 1,529 1,510 1,656 1,901 2,111 2,309
Net income 1 925 1,087 1,155 1,151 1,258 1,443 1,596 1,746
Net Debt 1 153.8 324.9 38.7 -55.8 -151.8 -114.4 -198.7 -275.2
Reference price 2 32.03 23.66 32.38 35.96 40.13 44.76 44.76 44.76
Nbr of stocks (in thousands) 1,150,327 1,145,520 1,143,200 1,145,773 1,148,036 1,147,498 - -
Announcement Date 19/01/22 19/01/23 18/01/24 17/01/25 20/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
35.59x5.53x24.48x2.16% 51.36B
30.16x3.41x19.81x0.7% 64.74B
35.03x5.64x20.59x0.89% 13.26B
31.37x2.5x20.29x0.57% 12.42B
16.12x1.27x10.28x-.--% 8.2B
27.66x1.83x15.47x2.82% 6.93B
17.34x1.14x9.91x3.62% 4.1B
32.7x3.36x19.27x1.07% 2.73B
26.88x - - - 2.6B
199.43x0.56x12.48x - 2.55B
Average 45.23x 2.80x 16.95x 1.48% 16.89B
Weighted average by Cap. 33.73x 3.90x 20.33x 1.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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