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 52,683 - -
Change - -26.44% 36.6% 11.27% 11.83% 14.35% - -
Enterprise Value (EV) 1 36,999 27,428 37,061 41,140 45,919 52,562 52,551 52,370
Change - -25.87% 35.12% 11.01% 11.61% 14.47% -0.02% -0.34%
P/E 40x 25x 32.1x 36x 36.8x 37.1x 33.6x 31x
PBR 12.1x 8.61x 11.1x 11.4x 11.7x 12.5x 11.6x 10.6x
PEG - 1.4x 4.67x -36.36x 4.09x 2.7x 3.2x 3.79x
Capitalization / Revenue 6.13x 3.88x 5.04x 5.46x 5.62x 5.77x 5.31x 4.93x
EV / Revenue 6.16x 3.93x 5.04x 5.45x 5.6x 5.76x 5.29x 4.9x
EV / EBITDA 26.7x 16.8x 21.7x 24.4x 25x 25.4x 23.2x 20.9x
EV / EBIT 30.4x 18.9x 24.2x 27.2x 27.7x 28x 25.4x 23.4x
EV / FCF 60.3x 35.8x 29.4x 43.5x 43.7x 46.5x 43.2x 40.2x
FCF Yield 1.66% 2.8% 3.4% 2.3% 2.29% 2.15% 2.32% 2.49%
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% - 2.03% 2.17% 2.29%
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 9,125 9,925 10,686
EBITDA 1 1,388 1,630 1,706 1,685 1,835 2,069 2,268 2,500
EBIT 1 1,217 1,454 1,529 1,510 1,656 1,877 2,066 2,243
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 45.89 45.89 45.89
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 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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.09x5.76x25.4x2.03% 52.68B
29.98x3.4x19.74x0.71% 64.47B
35.2x5.55x20.65x0.91% 12.77B
31.56x2.52x20.41x0.57% 12.49B
17.86x1.39x11.19x-.--% 9.09B
28.21x1.8x15.78x2.95% 6.62B
16.3x1.07x9.43x3.87% 3.8B
27.83x - - - 2.69B
142.11x0.55x11.94x - 2.46B
30.17x3.07x17.7x1.17% 2.46B
Average 39.63x 2.79x 16.92x 1.52% 16.95B
Weighted average by Cap. 33.27x 3.97x 20.64x 1.27%

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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