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 55,140 - -
Change - -26.44% 36.6% 11.27% 11.83% 19.69% - -
Enterprise Value (EV) 1 36,999 27,428 37,061 41,140 45,919 55,019 55,007 54,827
Change - -25.87% 35.12% 11.01% 11.61% 19.82% -0.02% -0.33%
P/E 40x 25x 32.1x 36x 36.8x 38.8x 35.1x 32.5x
PBR 12.1x 8.61x 11.1x 11.4x 11.7x 13.1x 12.1x 11.1x
PEG - 1.4x 4.67x -36.36x 4.09x 2.9x 3.4x 3.98x
Capitalization / Revenue 6.13x 3.88x 5.04x 5.46x 5.62x 6.04x 5.55x 5.16x
EV / Revenue 6.16x 3.93x 5.04x 5.45x 5.6x 6.03x 5.54x 5.13x
EV / EBITDA 26.7x 16.8x 21.7x 24.4x 25x 26.6x 24.2x 21.9x
EV / EBIT 30.4x 18.9x 24.2x 27.2x 27.7x 29.3x 26.6x 24.4x
EV / FCF 60.3x 35.8x 29.4x 43.5x 43.7x 48.7x 45.2x 42.1x
FCF Yield 1.66% 2.8% 3.4% 2.3% 2.29% 2.06% 2.21% 2.37%
Dividend per Share 2 0.56 0.62 0.7 0.78 - 0.9296 0.9976 1.049
Rate of return 1.75% 2.62% 2.16% 2.17% - 1.94% 2.08% 2.18%
EPS 2 0.8 0.945 1.01 1 1.09 1.237 1.366 1.478
Distribution rate 70% 65.6% 69.3% 78% - 75.1% 73% 71%
Net sales 1 6,011 6,981 7,347 7,546 8,200 9,126 9,928 10,690
EBITDA 1 1,388 1,630 1,706 1,685 1,835 2,070 2,269 2,502
EBIT 1 1,217 1,454 1,529 1,510 1,656 1,878 2,067 2,244
Net income 1 925 1,087 1,155 1,151 1,258 1,421 1,562 1,690
Net Debt 1 153.8 324.9 38.7 -55.8 -151.8 -120.9 -132.6 -313.6
Reference price 2 32.03 23.66 32.38 35.96 40.13 48.03 48.03 48.03
Nbr of stocks (in thousands) 1,150,327 1,145,520 1,143,200 1,145,773 1,148,036 1,148,035 - -
Announcement Date 1/19/22 1/19/23 1/18/24 1/17/25 1/20/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.87x3.38x19.65x0.71% 64.23B
34.86x5.5x20.46x0.92% 12.69B
31.58x2.52x20.42x0.57% 12.5B
17.74x1.38x11.13x-.--% 9.03B
28.31x1.81x15.77x2.94% 6.64B
15.3x1.02x8.89x4.13% 3.57B
27.04x - - - 2.62B
30.68x3.13x17.97x1.15% 2.48B
155.65x0.52x11.71x - 2.37B
Average 41.22x 2.41x 15.75x 1.49% 12.9B
Weighted average by Cap. 31.63x 3.13x 18.38x 0.91%

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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  5. Valuation Fastenal Company