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 56,916 - -
Change - -26.44% 36.6% 11.27% 11.83% 23.54% - -
Enterprise Value (EV) 1 36,999 27,428 37,061 41,140 45,919 56,815 56,713 56,609
Change - -25.87% 35.12% 11.01% 11.61% 23.73% -0.18% -0.18%
P/E 40x 25x 32.1x 36x 36.8x 39.3x 35.5x 32.5x
PBR 12.1x 8.61x 11.1x 11.4x 11.7x 13.5x 12.4x 11.3x
PEG - 1.4x 4.67x -36.36x 4.09x 2.5x 3.3x 3.43x
Capitalization / Revenue 6.13x 3.88x 5.04x 5.46x 5.62x 6.13x 5.61x 5.18x
EV / Revenue 6.16x 3.93x 5.04x 5.45x 5.6x 6.12x 5.59x 5.16x
EV / EBITDA 26.7x 16.8x 21.7x 24.4x 25x 27.1x 24.5x 22.2x
EV / EBIT 30.4x 18.9x 24.2x 27.2x 27.7x 29.7x 26.8x 24.4x
EV / FCF 60.3x 35.8x 29.4x 43.5x 43.7x 51.7x 44.3x 42.1x
FCF Yield 1.66% 2.8% 3.4% 2.3% 2.29% 1.93% 2.26% 2.38%
Dividend per Share 2 0.56 0.62 0.7 0.78 0.875 0.9784 1.057 1.139
Rate of return 1.75% 2.62% 2.16% 2.17% 2.18% 1.97% 2.13% 2.3%
EPS 2 0.8 0.945 1.01 1 1.09 1.261 1.396 1.528
Distribution rate 70% 65.6% 69.3% 78% 80.3% 77.6% 75.7% 74.5%
Net sales 1 6,011 6,981 7,347 7,546 8,200 9,287 10,145 10,980
EBITDA 1 1,388 1,630 1,706 1,685 1,835 2,100 2,316 2,553
EBIT 1 1,217 1,454 1,529 1,510 1,656 1,911 2,115 2,316
Net income 1 925 1,087 1,155 1,151 1,258 1,447 1,595 1,747
Net Debt 1 153.8 324.9 38.7 -55.8 -151.8 -100.5 -202.6 -306.8
Reference price 2 32.03 23.66 32.38 35.96 40.13 49.60 49.60 49.60
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.($)
39.34x6.12x27.05x1.97% 56.92B
28.56x3.26x18.86x0.73% 62.38B
32.4x5.43x19.36x0.92% 12.91B
27.07x2.24x17.65x0.64% 11.95B
16.55x1.28x10.37x-.--% 8.3B
27.04x1.79x15.14x2.88% 6.78B
19.42x1.26x10.92x3.23% 4.63B
-109.91x0.62x14.07x - 2.91B
28.35x - - - 2.86B
32.23x3.31x19.01x1.09% 2.72B
Average 14.10x 2.81x 16.94x 1.43% 17.24B
Weighted average by Cap. 29.13x 4.06x 20.70x 1.29%

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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  3. FAST Stock
  4. Valuation Fastenal Company