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 59,486 - -
Change - -26.44% 36.6% 11.27% 11.83% 29.12% - -
Enterprise Value (EV) 1 36,999 27,428 37,061 41,140 45,919 59,372 59,288 59,211
Change - -25.87% 35.12% 11.01% 11.61% 29.3% -0.14% -0.13%
P/E 40x 25x 32.1x 36x 36.8x 41.4x 37.5x 34.3x
PBR 12.1x 8.61x 11.1x 11.4x 11.7x 14.1x 13x 11.9x
PEG - 1.4x 4.67x -36.36x 4.09x 2.7x 3.5x 3.67x
Capitalization / Revenue 6.13x 3.88x 5.04x 5.46x 5.62x 6.41x 5.87x 5.43x
EV / Revenue 6.16x 3.93x 5.04x 5.45x 5.6x 6.4x 5.85x 5.41x
EV / EBITDA 26.7x 16.8x 21.7x 24.4x 25x 28.3x 25.6x 23.2x
EV / EBIT 30.4x 18.9x 24.2x 27.2x 27.7x 31.1x 28.1x 25.7x
EV / FCF 60.3x 35.8x 29.4x 43.5x 43.7x 53x 46.5x 44.2x
FCF Yield 1.66% 2.8% 3.4% 2.3% 2.29% 1.89% 2.15% 2.26%
Dividend per Share 2 0.56 0.62 0.7 0.78 0.875 0.9697 1.057 1.139
Rate of return 1.75% 2.62% 2.16% 2.17% 2.18% 1.86% 2.03% 2.18%
EPS 2 0.8 0.945 1.01 1 1.09 1.259 1.392 1.522
Distribution rate 70% 65.6% 69.3% 78% 80.3% 77% 75.9% 74.8%
Net sales 1 6,011 6,981 7,347 7,546 8,200 9,274 10,126 10,953
EBITDA 1 1,388 1,630 1,706 1,685 1,835 2,100 2,315 2,551
EBIT 1 1,217 1,454 1,529 1,510 1,656 1,906 2,109 2,308
Net income 1 925 1,087 1,155 1,151 1,258 1,446 1,593 1,742
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 52.15 52.15 52.15
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 1/19/22 A 1/19/23 A 1/18/24 A 1/17/25 A 1/20/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.52x3.15x18.22x0.77% 60.17B
41.19x6.4x28.27x1.87% 59.49B
35.62x5.88x21.15x0.85% 13.93B
33.61x2.68x21.75x0.54% 13.3B
17.12x1.34x10.8x-.--% 8.71B
27.38x1.81x15.32x2.85% 6.86B
19.4x1.26x10.95x3.23% 4.61B
-113.93x0.64x14.33x - 2.99B
29.64x - - - 2.98B
Average 13.06x 2.90x 17.60x 1.44% 19.23B
Weighted average by Cap. 30.19x 4.23x 21.49x 1.26%

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