(FAST) Fastenal - Overview
Sector: Industrials | Industry: Industrial Distribution | Exchange: NASDAQ (USA) | Market Cap: 50.445m USD | Total Return: 9% in 12m
Avg Turnover: 274M
EPS Trend: 85.7%
Qual. Beats: 0
Rev. Trend: 94.5%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Fastenal Company (FAST) is a global wholesale distributor specializing in industrial and construction supplies, primarily fasteners such as bolts, nuts, and screws. The company serves a diverse client base including original equipment manufacturers (OEMs), maintenance and repair operations (MRO), and the non-residential construction sector. Headquartered in Winona, Minnesota, the firm operates through a vast network of physical locations and onsite customer installations.
The industrial distribution sector is characterized by high fragmentation, where scale and logistics density provide a competitive advantage in managing supply chains for diverse end-markets. Fastenal utilizes a business model focused on proximity to the customer, often placing inventory directly within client facilities to reduce procurement lead times. This onsite strategy helps mitigate the cyclicality often found in the broader construction and manufacturing industries.
For a deeper look into the companys valuation metrics and historical performance, consider reviewing the data on ValueRay. Founded in 1967, Fastenal has expanded its product catalog beyond fasteners to include safety supplies, tools, and metal framing systems, positioning itself as a comprehensive supplier for government and private enterprise infrastructure.
- Industrial production activity and manufacturing output drive core fastener demand
- Onsite location growth and vending machine installations expand market share
- Non-residential construction spending cycles impact regional sales volume
- Raw material costs and freight inflation pressure gross profit margins
- Digital sales conversion and e-commerce adoption improve long-term operating leverage
| Net Income: 1.30b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.22 > 0.02 and ΔFCF/TA 4.50 > 1.0 |
| NWC/Revenue: 33.11% < 20% (prev 33.81%; Δ -0.69% < -1%) |
| CFO/TA 0.27 > 3% & CFO 1.41b > Net Income 1.30b |
| Net Debt (457.4m) to EBITDA (1.89b): 0.24 < 3 |
| Current Ratio: 4.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.15b) vs 12m ago 0.11% < -2% |
| Gross Margin: 44.89% > 18% (prev 0.45%; Δ 4.44k% > 0.5%) |
| Asset Turnover: 167.5% > 50% (prev 156.2%; Δ 11.26% > 0%) |
| Interest Coverage Ratio: 310.8 > 6 (EBITDA TTM 1.89b / Interest Expense TTM 5.50m) |
| A: 0.54 (Total Current Assets 3.62b - Total Current Liabilities 824.1m) / Total Assets 5.21b |
| B: 0.75 (Retained Earnings 3.93b / Total Assets 5.21b) |
| C: 0.34 (EBIT TTM 1.71b / Avg Total Assets 5.04b) |
| D: 3.18 (Book Value of Equity 3.88b / Total Liabilities 1.22b) |
| Altman-Z'' = 11.60 = AAA |
| DSRI: 1.02 (Receivables 1.45b/1.28b, Revenue 8.44b/7.61b) |
| GMI: 1.00 (GM 44.89% / 44.99%) |
| AQI: 0.87 (AQ_t 0.03 / AQ_t-1 0.03) |
| SGI: 1.11 (Revenue 8.44b / 7.61b) |
| TATA: -0.02 (NI 1.30b - CFO 1.41b) / TA 5.21b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of May 27, 2026, the stock is trading at USD 44.45 with a total of 5,613,250 shares traded.
Over the past week, the price has changed by +1.02%,
over one month by -1.31%,
over three months by -2.17% and
over the past year by +8.98%.
Fastenal has received a consensus analysts rating of 3.06. Therefore, it is recommended to hold FAST.
- StrongBuy: 3
- Buy: 0
- Hold: 11
- Sell: 1
- StrongSell: 2
| Analysts Target Price | 46.6 | 4.9% |
P/E Trailing = 38.885
P/E Forward = 36.3636
P/S = 5.9749
P/B = 12.6444
P/EG = 3.1688
Revenue TTM = 8.44b USD
EBIT TTM = 1.71b USD
EBITDA TTM = 1.89b USD
Long Term Debt = 100.0m USD (from longTermDebt, last quarter)
Short Term Debt = 131.1m USD (from shortTermDebt, last quarter)
Debt = 766.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 320.5m
Net Debt = 457.4m USD (calculated: Debt 766.0m - CCE 308.6m)
Enterprise Value = 50.9b USD (50.4b + Debt 766.0m - CCE 308.6m)
Interest Coverage Ratio = 310.8 (Ebit TTM 1.71b / Interest Expense TTM 5.50m)
EV/FCF = 43.75x (Enterprise Value 50.9b / FCF TTM 1.16b)
FCF Yield = 2.29% (FCF TTM 1.16b / Enterprise Value 50.9b)
FCF Margin = 13.78% (FCF TTM 1.16b / Revenue TTM 8.44b)
Net Margin = 15.39% (Net Income TTM 1.30b / Revenue TTM 8.44b)
Gross Margin = 44.89% ((Revenue TTM 8.44b - Cost of Revenue TTM 4.65b) / Revenue TTM)
Gross Margin QoQ = 44.64% (prev 44.33%)
Tobins Q-Ratio = 9.77 (Enterprise Value 50.9b / Total Assets 5.21b)
Interest Expense / Debt = 0.72% (Interest Expense 5.50m / Debt 766.0m)
Taxrate = 24.22% (108.6m / 448.3m)
NOPAT = 1.30b (EBIT 1.71b * (1 - 24.22%))
Current Ratio = 4.39 (Total Current Assets 3.62b / Total Current Liabilities 824.1m)
Debt / Equity = 0.19 (Debt 766.0m / totalStockholderEquity, last quarter 3.99b)
Debt / EBITDA = 0.24 (Net Debt 457.4m / EBITDA 1.89b)
Debt / FCF = 0.39 (Net Debt 457.4m / FCF TTM 1.16b)
Total Stockholder Equity = 3.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 25.79% (Net Income 1.30b / Total Assets 5.21b)
RoE = 33.25% (Net Income TTM 1.30b / Total Stockholder Equity 3.91b)
RoCE = 42.64% (EBIT 1.71b / Capital Employed (Equity 3.91b + L.T.Debt 100.0m))
RoIC = 28.68% (NOPAT 1.30b / Invested Capital 4.52b)
WACC = 7.37% (E(50.4b)/V(51.2b) * Re(7.47%) + D(766.0m)/V(51.2b) * Rd(0.72%) * (1-Tc(0.24)))
Discount Rate = 7.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 91.11 | Cagr: 0.16%
[DCF] Terminal Value 77.97% ; FCFF base≈1.05b ; Y1≈1.20b ; Y5≈1.76b
[DCF] Fair Price = 22.72 (EV 26.5b - Net Debt 457.4m = Equity 26.1b / Shares 1.15b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 85.72 | EPS CAGR: 4.23% | SUE: 0.0 | # QB: 0
Revenue Correlation: 94.47 | Revenue CAGR: 5.31% | SUE: 0.46 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.32 | Chg30d=+0.22% | Revisions=+9% | Analysts=10
EPS next Quarter (2026-09-30): EPS=0.33 | Chg30d=-0.12% | Revisions=+33% | Analysts=10
EPS current Year (2026-12-31): EPS=1.23 | Chg30d=+0.01% | Revisions=+0% | GrowthEPS=+13.2% | GrowthRev=+10.9%
EPS next Year (2027-12-31): EPS=1.36 | Chg30d=+0.15% | Revisions=+20% | GrowthEPS=+10.6% | GrowthRev=+8.8%
[Analyst] Revisions Ratio: +33%