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 52,957 - -
Change - -26.44% 36.6% 11.27% 11.83% 14.95% - -
Enterprise Value (EV) 1 36,999 27,428 37,061 41,140 45,919 52,843 52,758 52,682
Change - -25.87% 35.12% 11.01% 11.61% 15.08% -0.16% -0.14%
P/E 40x 25x 32.1x 36x 36.8x 36.7x 33.2x 30.3x
PBR 12.1x 8.61x 11.1x 11.4x 11.7x 12.5x 11.6x 10.5x
PEG - 1.4x 4.67x -36.36x 4.09x 2.4x 3.1x 3.18x
Capitalization / Revenue 6.13x 3.88x 5.04x 5.46x 5.62x 5.72x 5.24x 4.84x
EV / Revenue 6.16x 3.93x 5.04x 5.45x 5.6x 5.7x 5.22x 4.82x
EV / EBITDA 26.7x 16.8x 21.7x 24.4x 25x 25.2x 22.9x 20.8x
EV / EBIT 30.4x 18.9x 24.2x 27.2x 27.7x 27.8x 25x 22.9x
EV / FCF 60.3x 35.8x 29.4x 43.5x 43.7x 46.8x 41.5x 39.4x
FCF Yield 1.66% 2.8% 3.4% 2.3% 2.29% 2.14% 2.41% 2.54%
Dividend per Share 2 0.56 0.62 0.7 0.78 0.875 0.9672 1.054 1.135
Rate of return 1.75% 2.62% 2.16% 2.17% 2.18% 2.1% 2.28% 2.46%
EPS 2 0.8 0.945 1.01 1 1.09 1.257 1.39 1.522
Distribution rate 70% 65.6% 69.3% 78% 80.3% 76.9% 75.9% 74.6%
Net sales 1 6,011 6,981 7,347 7,546 8,200 9,263 10,110 10,939
EBITDA 1 1,388 1,630 1,706 1,685 1,835 2,094 2,307 2,533
EBIT 1 1,217 1,454 1,529 1,510 1,656 1,904 2,108 2,305
Net income 1 925 1,087 1,155 1,151 1,258 1,443 1,588 1,730
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 46.15 46.15 46.15
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 1/19/23 1/18/24 1/17/25 1/20/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
36.71x5.7x25.24x2.1% 52.96B
30.08x3.4x19.76x0.71% 64.56B
34.07x5.66x20.44x0.88% 13.26B
32.13x2.56x20.78x0.56% 12.72B
15.85x1.26x10.14x-.--% 8.07B
28.03x1.85x15.67x2.78% 7.03B
17.66x1.16x10.08x3.55% 4.15B
28.01x - - - 2.71B
32x3.29x18.9x1.09% 2.65B
205.71x0.58x12.84x - 2.63B
Average 46.03x 2.83x 17.09x 1.46% 17.07B
Weighted average by Cap. 34.24x 3.97x 20.62x 1.28%

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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