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Fastenal Co.

FAST

Market Cap$44.87B
Close$

Compare Fastenal

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Fastenal Co.Fastenal Co.38.91.8%34%6.40.1
marketMarket Avg59.61.27%31%6.41
IndustrialsIndustrials Avg24.30.95%21%3.20.6

Earnings Call Q4 2023

January 18, 2024 - AI Summary

Fastenal reported a 3.7% increase in daily sales for Q4 2023, with December sales up 5.3%, driven by strong performance in the warehousing end market.
The company experienced sluggish demand in other end markets, such as manufacturing and fasteners, which were impacted by sub-50 PMI readings and soft industrial production.
Gross margin improved by 20 basis points to 45.5% due to slightly higher fastener product margins and freight margins, offsetting negative impacts from product and customer mix.

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$78.51

Current Fair Value

1.8% upside

Undervalued by 1.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$44.87 Billion
Enterprise Value$44.91 Billion
Dividend Yield$1.4093 (1.8%)
Earnings per Share$2.02
Beta0.76
Outstanding Shares572,232,755
Avg 30 Day Volume3,860,303

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio38.85
PEG458.76
Price to Sales6.43
Price to Book Ratio15.43
Enterprise Value to Revenue6.11
Enterprise Value to EBIT29.38
Enterprise Value to Net Income38
Total Debt to Enterprise0.01
Debt to Equity0.08

Revenue Sources

No data

ESG Score

No data

About Fastenal Co.

CEO: Daniel Florness