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FAST - Fastenal Company

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Fastenal Company

FAST

NASDAQ

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. The company distributes its products through a network of 3,209 in-market locations and 15 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

78.6 USD

-0.69 (-0.878%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

5.65B

6.01B

6.98B

7.35B

7.55B

8.12B

8.74B

9.41B

10.13B

10.9B

Revenue %

-

6.44

16.13

5.24

2.71

7.63

7.63

7.63

7.63

Ebitda

1.3B

1.39B

1.63B

1.71B

1.69B

1.87B

2.01B

2.17B

2.33B

2.51B

Ebitda %

23.1

23.09

23.36

23.22

22.41

23.04

23.04

23.04

23.04

Ebit

1.14B

1.22B

1.45B

1.53B

1.52B

1.66B

1.79B

1.92B

2.07B

2.23B

Ebit %

20.23

20.25

20.83

20.81

20.08

20.44

20.44

20.44

20.44

Depreciation

162.4M

170.7M

176.6M

177.3M

175.4M

210.9M

226.99M

244.32M

262.96M

283.03M

Depreciation %

2.88

2.84

2.53

2.41

2.32

2.6

2.6

2.6

2.6

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

245.7M

236.2M

230.1M

221.3M

255.8M

292.04M

314.33M

338.32M

364.14M

391.93M

Total Cash %

4.35

3.93

3.3

3.01

3.39

3.6

3.6

3.6

3.6

Receivables

769.4M

900.2M

1.01B

1.09B

1.11B

1.18B

1.27B

1.37B

1.47B

1.58B

Receivables %

13.62

14.98

14.51

14.8

14.69

14.52

14.52

14.52

14.52

Inventories

1.34B

1.52B

1.71B

1.52B

1.65B

1.88B

2.03B

2.18B

2.35B

2.53B

Inventories %

23.68

25.35

24.47

20.73

21.8

23.2

23.2

23.2

23.2

Payable

207M

233.1M

255M

264.1M

287.7M

302.2M

325.26M

350.09M

376.8M

405.56M

Payable %

3.67

3.88

3.65

3.59

3.81

3.72

3.72

3.72

3.72

Cap Ex

-168.1M

-156.6M

-173.8M

-172.8M

-226.5M

-218.08M

-234.72M

-252.64M

-271.92M

-292.67M

Cap Ex %

-2.98

-2.61

-2.49

-2.35

-3

-2.69

-2.69

-2.69

-2.69

Weighted Average Cost Of Capital

Price

78.6

Beta

Diluted Shares Outstanding

574.28M

Costof Debt

4

Tax Rate

After Tax Cost Of Debt

3.05

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

485.4M

Total Equity

45.14B

Total Capital

45.62B

Debt Weighting

1.06

Equity Weighting

98.94

Wacc

8.7

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

5.65B

6.01B

6.98B

7.35B

7.55B

8.12B

8.74B

9.41B

10.13B

10.9B

Ebitda

1.3B

1.39B

1.63B

1.71B

1.69B

1.87B

2.01B

2.17B

2.33B

2.51B

Ebit

1.14B

1.22B

1.45B

1.53B

1.52B

1.66B

1.79B

1.92B

2.07B

2.23B

Tax Rate

23.71

23.71

23.71

23.71

23.71

23.71

23.71

23.71

23.71

23.71

Ebiat

866.46M

932.43M

1.1B

1.16B

1.16B

1.26B

1.36B

1.46B

1.57B

1.69B

Depreciation

162.4M

170.7M

176.6M

177.3M

175.4M

210.9M

226.99M

244.32M

262.96M

283.03M

Receivables

769.4M

900.2M

1.01B

1.09B

1.11B

1.18B

1.27B

1.37B

1.47B

1.58B

Inventories

1.34B

1.52B

1.71B

1.52B

1.65B

1.88B

2.03B

2.18B

2.35B

2.53B

Payable

207M

233.1M

255M

264.1M

287.7M

302.2M

325.26M

350.09M

376.8M

405.56M

Cap Ex

-168.1M

-156.6M

-173.8M

-172.8M

-226.5M

-218.08M

-234.72M

-252.64M

-271.92M

-292.67M

Ufcf

-1.04B

655.73M

824.99M

1.28B

985.37M

958.85M

1.14B

1.23B

1.32B

1.42B

Wacc

8.7

8.7

8.7

8.7

8.7

Pv Ufcf

882.11M

964.72M

955.25M

945.86M

936.57M

Sum Pv Ufcf

4.68B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

8.7

Free Cash Flow T1

1.48B

Terminal Value

31.44B

Present Terminal Value

20.72B

Intrinsic Value

Enterprise Value

25.4B

Net Debt

229.6M

Equity Value

25.17B

Diluted Shares Outstanding

574.28M

Equity Value Per Share

43.83

Projected DCF

43.83 -0.793%

DCF Levered

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