Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry
vs
history
Cash to Debt 1.27
FAST's Cash to Debt is ranked higher than
68% of the 265 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.51 vs. FAST: 1.27 )
FAST' s 10-Year Cash to Debt Range
Min: 0.03   Max: No Debt
Current: 1.27

Equity to Asset 0.81
FAST's Equity to Asset is ranked higher than
94% of the 256 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.46 vs. FAST: 0.81 )
FAST' s 10-Year Equity to Asset Range
Min: 0.81   Max: 0.9
Current: 0.81

0.81
0.9
Interest Coverage 860.75
FAST's Interest Coverage is ranked higher than
75% of the 183 Companies
in the Global Industrial Distribution industry.

( Industry Median: 23.88 vs. FAST: 860.75 )
FAST' s 10-Year Interest Coverage Range
Min: 74.67   Max: 9999.99
Current: 860.75

74.67
9999.99
F-Score: 5
Z-Score: 20.63
M-Score: -2.56
WACC vs ROIC
9.07%
27.75%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 21.32
FAST's Operating margin (%) is ranked higher than
96% of the 271 Companies
in the Global Industrial Distribution industry.

( Industry Median: 3.69 vs. FAST: 21.32 )
FAST' s 10-Year Operating margin (%) Range
Min: 13.17   Max: 21.5
Current: 21.32

13.17
21.5
Net-margin (%) 13.38
FAST's Net-margin (%) is ranked higher than
93% of the 271 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.96 vs. FAST: 13.38 )
FAST' s 10-Year Net-margin (%) Range
Min: 8.34   Max: 13.49
Current: 13.38

8.34
13.49
ROE (%) 27.27
FAST's ROE (%) is ranked higher than
97% of the 267 Companies
in the Global Industrial Distribution industry.

( Industry Median: 7.41 vs. FAST: 27.27 )
FAST' s 10-Year ROE (%) Range
Min: 15.63   Max: 29.52
Current: 27.27

15.63
29.52
ROA (%) 21.97
FAST's ROA (%) is ranked higher than
98% of the 273 Companies
in the Global Industrial Distribution industry.

( Industry Median: 2.94 vs. FAST: 21.97 )
FAST' s 10-Year ROA (%) Range
Min: 13.9   Max: 24.92
Current: 21.97

13.9
24.92
ROC (Joel Greenblatt) (%) 42.96
FAST's ROC (Joel Greenblatt) (%) is ranked higher than
91% of the 273 Companies
in the Global Industrial Distribution industry.

( Industry Median: 12.20 vs. FAST: 42.96 )
FAST' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 28.53   Max: 81.78
Current: 42.96

28.53
81.78
Revenue Growth (3Y)(%) 10.30
FAST's Revenue Growth (3Y)(%) is ranked higher than
86% of the 235 Companies
in the Global Industrial Distribution industry.

( Industry Median: 3.40 vs. FAST: 10.30 )
FAST' s 10-Year Revenue Growth (3Y)(%) Range
Min: 2.9   Max: 31.5
Current: 10.3

2.9
31.5
EBITDA Growth (3Y)(%) 11.50
FAST's EBITDA Growth (3Y)(%) is ranked higher than
77% of the 196 Companies
in the Global Industrial Distribution industry.

( Industry Median: 7.20 vs. FAST: 11.50 )
FAST' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -1.2   Max: 31.9
Current: 11.5

-1.2
31.9
EPS Growth (3Y)(%) 11.10
FAST's EPS Growth (3Y)(%) is ranked higher than
72% of the 172 Companies
in the Global Industrial Distribution industry.

( Industry Median: 6.60 vs. FAST: 11.10 )
FAST' s 10-Year EPS Growth (3Y)(%) Range
Min: -2.1   Max: 33.1
Current: 11.1

-2.1
33.1
» FAST's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2014

FAST Guru Trades in Q2 2014

Jeremy Grantham 350,306 sh (+22.45%)
Manning & Napier Advisors, Inc 2,873,907 sh (+6.83%)
Steven Cohen 1,744,926 sh (unchged)
Steven Cohen 500,000 sh (unchged)
Ruane Cunniff 20,803,549 sh (-0.09%)
Ron Baron 4,392,163 sh (-0.11%)
Bill Frels 1,836,448 sh (-0.22%)
Paul Tudor Jones 45,000 sh (-75.14%)
» More
Q3 2014

FAST Guru Trades in Q3 2014

Ray Dalio 66,056 sh (New)
Jim Simons 237,944 sh (New)
Paul Tudor Jones 229,011 sh (+408.91%)
Manning & Napier Advisors, Inc 4,667,848 sh (+62.42%)
Ruane Cunniff 24,086,459 sh (+15.78%)
Bill Frels 2,014,110 sh (+9.67%)
Ron Baron 4,319,038 sh (-1.66%)
Jeremy Grantham 314,106 sh (-10.33%)
Steven Cohen 30,000 sh (-98.28%)
» More
Q4 2014

FAST Guru Trades in Q4 2014

Jim Simons 308,944 sh (+29.84%)
Bill Frels 2,133,911 sh (+5.95%)
Jeremy Grantham 323,100 sh (+2.86%)
Ruane Cunniff 24,025,457 sh (unchged)
Paul Tudor Jones Sold Out
Steven Cohen Sold Out
Ron Baron 4,308,585 sh (-0.24%)
Ruane Cunniff 24,025,457 sh (-0.25%)
Manning & Napier Advisors, Inc 4,451,713 sh (-4.63%)
Ray Dalio 49,902 sh (-24.46%)
» More
Q1 2015

FAST Guru Trades in Q1 2015

Manning & Napier Advisors, Inc 4,353,429 sh (-2.21%)
» More
» Details

Insider Trades

Latest Guru Trades with FAST

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Fastenal Co

Sequoia Fund's Discussion of Fastenal - Mar 07, 2014

Fastenal had a challenging year. Sales growth decelerated to 6% from 13% the prior year, reflecting slowing sales to end markets such as mining, military, and non-residential construction. The modest sales growth result produced minimal operating leverage and the operating profit margin stayed flat at 21.4%. Earnings per share increased 7% to $1.51. Fastenal’s owners are not accustomed to such modest results.



Fortunately, Fastenal’s creative and aggressive management is not standing still and is taking action to improve both top line growth and profitability. Starting in the third quarter of 2013, Fastenal began aggressively adding salespeople at its store locations. Management believes that there is a strong long-term correlation between the increase in sales personnel and revenue growth. The cost of investing in new sales people has had a short-term negative impact on profitability but should enable Fastenal to return to mid-teens sales and earnings growth in the near future. There is risk in adding sales people when demand appears weak for all industrial distributors. Still, we believe Fastenal’s long-term prospects are healthy.



Source: Sequoia Fund's 2013 Annual Report - Management's Discussion of Fund Performance



Check out Sequoia Fund latest stock trades

Baron Funds Comments on Fastenal Co. - Feb 20, 2014

Fastenal Co. (FAST) is a leading distributor of fasteners and other industrial supplies. Its shares fell after disappointing sales metrics, coupled with an ongoing investment in its sales force, weighed on recent earnings results. With improved business trends in the company's important manufacturing and construction end-markets, we are hopeful that Fastenal's growth will accelerate in 2014



From Baron Funds' fourth quarter letter 2013 to shareholders.



Check out Ron Baron latest stock trades

Baron Funds Comments on Fastenal Co. - Aug 02, 2013

Shares of industrial distributor Fastenal Co. (FAST) detracted from performance, as the company's sales decelerated slightly given volatile order trends from its manufacturing and commercial construction customers.We remain confident that new initiatives, such as installing vending machines at customers' sites and international expansion, will drive accelerated market share gains and higher margins for Fastenal as the economic recovery gains steam.

From the Baron Funds’ second quarter 2013 commentary.


Check out Ron Baron latest stock trades

Ratios

vs
industry
vs
history
P/E(ttm) 24.30
FAST's P/E(ttm) is ranked higher than
64% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 28.30 vs. FAST: 24.30 )
FAST' s 10-Year P/E(ttm) Range
Min: 15.06   Max: 44.43
Current: 24.3

15.06
44.43
Forward P/E 19.46
FAST's Forward P/E is ranked higher than
71% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.00 vs. FAST: 19.46 )
N/A
PE(NRI) 24.30
FAST's PE(NRI) is ranked higher than
67% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 28.30 vs. FAST: 24.30 )
FAST' s 10-Year PE(NRI) Range
Min: 14.99   Max: 44.56
Current: 24.3

14.99
44.56
P/B 6.50
FAST's P/B is ranked lower than
69% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.69 vs. FAST: 6.50 )
FAST' s 10-Year P/B Range
Min: 3.44   Max: 10.52
Current: 6.5

3.44
10.52
P/S 3.30
FAST's P/S is ranked lower than
72% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.68 vs. FAST: 3.30 )
FAST' s 10-Year P/S Range
Min: 1.73   Max: 5.55
Current: 3.3

1.73
5.55
PFCF 39.10
FAST's PFCF is ranked higher than
66% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 103.47 vs. FAST: 39.10 )
FAST' s 10-Year PFCF Range
Min: 18.16   Max: 1579.8
Current: 39.1

18.16
1579.8
POCF 24.13
FAST's POCF is ranked higher than
64% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 24.15 vs. FAST: 24.13 )
FAST' s 10-Year POCF Range
Min: 14.82   Max: 87.77
Current: 24.13

14.82
87.77
EV-to-EBIT 6.23
FAST's EV-to-EBIT is ranked higher than
71% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 19.01 vs. FAST: 6.23 )
FAST' s 10-Year EV-to-EBIT Range
Min: 9.1   Max: 27.5
Current: 6.23

9.1
27.5
PEG 1.22
FAST's PEG is ranked higher than
87% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.00 vs. FAST: 1.22 )
FAST' s 10-Year PEG Range
Min: 0.68   Max: 7.29
Current: 1.22

0.68
7.29
Shiller P/E 32.40
FAST's Shiller P/E is ranked higher than
67% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 118.54 vs. FAST: 32.40 )
FAST' s 10-Year Shiller P/E Range
Min: 20.29   Max: 62.29
Current: 32.4

20.29
62.29
Current Ratio 4.22
FAST's Current Ratio is ranked higher than
92% of the 257 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.76 vs. FAST: 4.22 )
FAST' s 10-Year Current Ratio Range
Min: 3.84   Max: 8.42
Current: 4.22

3.84
8.42
Quick Ratio 1.90
FAST's Quick Ratio is ranked higher than
86% of the 257 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.13 vs. FAST: 1.90 )
FAST' s 10-Year Quick Ratio Range
Min: 1.72   Max: 4.65
Current: 1.9

1.72
4.65
Days Inventory 162.78
FAST's Days Inventory is ranked lower than
55% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 84.35 vs. FAST: 162.78 )
FAST' s 10-Year Days Inventory Range
Min: 131.54   Max: 206.74
Current: 162.78

131.54
206.74
Days Sales Outstanding 49.92
FAST's Days Sales Outstanding is ranked higher than
81% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 74.46 vs. FAST: 49.92 )
FAST' s 10-Year Days Sales Outstanding Range
Min: 38.2   Max: 52.78
Current: 49.92

38.2
52.78

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.50
FAST's Dividend Yield is ranked higher than
59% of the 212 Companies
in the Global Industrial Distribution industry.

( Industry Median: 2.16 vs. FAST: 2.50 )
FAST' s 10-Year Dividend Yield Range
Min: 0.49   Max: 2.5
Current: 2.5

0.49
2.5
Dividend Payout 0.60
FAST's Dividend Payout is ranked higher than
66% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.90 vs. FAST: 0.60 )
FAST' s 10-Year Dividend Payout Range
Min: 0.02   Max: 0.6
Current: 0.6

0.02
0.6
Dividend growth (3y) 15.40
FAST's Dividend growth (3y) is ranked higher than
76% of the 143 Companies
in the Global Industrial Distribution industry.

( Industry Median: 9.80 vs. FAST: 15.40 )
FAST' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 128.5
Current: 15.4

0
128.5
Yield on cost (5-Year) 7.04
FAST's Yield on cost (5-Year) is ranked higher than
88% of the 216 Companies
in the Global Industrial Distribution industry.

( Industry Median: 2.47 vs. FAST: 7.04 )
FAST' s 10-Year Yield on cost (5-Year) Range
Min: 1.38   Max: 7.04
Current: 7.04

1.38
7.04
Share Buyback Rate -0.20
FAST's Share Buyback Rate is ranked higher than
68% of the 158 Companies
in the Global Industrial Distribution industry.

( Industry Median: -0.20 vs. FAST: -0.20 )
FAST' s 10-Year Share Buyback Rate Range
Min: 0.7   Max: -0.3
Current: -0.2

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 26.80
FAST's Price/Net Current Asset Value is ranked higher than
84% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.00 vs. FAST: 26.80 )
FAST' s 10-Year Price/Net Current Asset Value Range
Min: 6.36   Max: 24.01
Current: 26.8

6.36
24.01
Price/Tangible Book 6.50
FAST's Price/Tangible Book is ranked lower than
62% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 2.20 vs. FAST: 6.50 )
FAST' s 10-Year Price/Tangible Book Range
Min: 4.53   Max: 17.04
Current: 6.5

4.53
17.04
Price/DCF (Projected) 2.50
FAST's Price/DCF (Projected) is ranked higher than
68% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 7.10 vs. FAST: 2.50 )
FAST' s 10-Year Price/DCF (Projected) Range
Min: 2.42   Max: 7.91
Current: 2.5

2.42
7.91
Price/Median PS Value 0.90
FAST's Price/Median PS Value is ranked higher than
84% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.30 vs. FAST: 0.90 )
FAST' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.94
Current: 0.9

0.6
1.94
Price/Peter Lynch Fair Value 1.30
FAST's Price/Peter Lynch Fair Value is ranked higher than
87% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.00 vs. FAST: 1.30 )
FAST' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.78   Max: 7.68
Current: 1.3

0.78
7.68
Price/Graham Number 2.60
FAST's Price/Graham Number is ranked higher than
57% of the 303 Companies
in the Global Industrial Distribution industry.

( Industry Median: 2.50 vs. FAST: 2.60 )
FAST' s 10-Year Price/Graham Number Range
Min: 1.93   Max: 6.69
Current: 2.6

1.93
6.69
Earnings Yield (Greenblatt) 16.00
FAST's Earnings Yield (Greenblatt) is ranked higher than
64% of the 270 Companies
in the Global Industrial Distribution industry.

( Industry Median: 5.70 vs. FAST: 16.00 )
FAST' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.6   Max: 16
Current: 16

3.6
16
Forward Rate of Return (Yacktman) 20.37
FAST's Forward Rate of Return (Yacktman) is ranked higher than
86% of the 165 Companies
in the Global Industrial Distribution industry.

( Industry Median: 9.13 vs. FAST: 20.37 )
FAST' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 6.5   Max: 29.5
Current: 20.37

6.5
29.5

Business Description

Industry: Industrial Distribution » Industrial Distribution
Compare:WOSYY, GWW, GPC, NDEKY, LKQ » details
Traded in other countries:FAS.Germany,
Fastenal Co was incorporated under the laws of Minnesota in 1968. The Company sells industrial and construction supplies to end-users and also have some 'walk-in' retail business. It operated 14 distribution centers in North America from which it distributes products to its store and in-plant locations. The Company conducts business under various trademarks and service marks, including First In Fasteners. Its original product offerings are fasteners and other industrial and construction supplies, many of which are sold under the Fastenal product name. Its fastener product line, consists of two broad categories: threaded fasteners, such as bolts, nuts, screws, studs, and related washers; and miscellaneous supplies and hardware, such as various pins and machinery keys, concrete anchors, metal framing systems, wire rope, strut, rivets, and related accessories. The Company's customers are in the manufacturing and non-residential construction markets. The manufacturing market includes both original equipment manufacturers and maintenance and repair operations. The non-residential construction market includes general, electrical, plumbing, sheet metal, and road contractors. Other users of its products include farmers, truckers, railroads, oil exploration, production, and refinement companies, mining companies, federal, state, and local governmental entities, schools, and certain retail trades. The Company's competitors include large distributors located primarily in large cities, smaller distributors and on-line retailers.
» More Articles for FAST

Headlines

Articles On GuruFocus.com
Guru Stocks at 52-Week Lows: UPS, HST, KORS, FAST, TIF Apr 17 2015 
Nintai Returns: Q1 2015 Apr 01 2015 
Being Cheap, Best of Munger, a Rare Bezos Interview, and Other Links Jan 26 2015 
W.W. Grainger, Inc. (GWW) Dividend Stock Analysis Jan 07 2015 
Time Arbitrage and Financial Strength Nov 14 2014 
Our Investment Strategy and Portfolio Selection Nov 09 2014 
Transcript of Ruane, Cunniff & Goldfarb Investor Day - May 16, 2014 Oct 05 2014 
Can Fastenal Get Back on Track to Benefit From Industrial Growth? Sep 22 2014 
5 Debt-Free Dividend Stocks With High Cash On Hand Sep 06 2014 
10 Years of Google and the Importance of Long-Term Thinking Aug 28 2014 

More From Our Partners
Company News for April 15, 2015 - Corporate Summary Apr 15 2015 - ZACKS

More From Other Websites
FASTENAL CO Files SEC form 10-Q, Quarterly Report Apr 17 2015
Fastenal (FAST) Earnings Analysis: By the Numbers Apr 15 2015
Company News for April 15, 2015 - Corporate Summary Apr 15 2015
Fastenal (FAST) Stock Price Target Cut at Credit Suisse Apr 15 2015
The Nuts and Bolts of Industrial Distributor Moats Apr 15 2015
Alcatel-Lucent and JPMorgan are big market movers Apr 14 2015
Fastenal (FAST) Earnings Report: Q1 2015 Conference Call Transcript Apr 14 2015
Fastenal's Q1 Earnings Beat Estimates, Revenues Fall Short - Analyst Blog Apr 14 2015
Fastenal (FAST) Stock Rising Today on Earnings Beat Apr 14 2015
Fastenal Company (FAST) Earnings Beat, Sales Miss - Tale of the Tape Apr 14 2015
Fastenal Sales Weaker Than Expected on Poor Economic Positions Apr 14 2015
FASTENAL CO Files SEC form 8-K, Results of Operations and Financial Condition Apr 14 2015
Q1 2015 Fastenal Co Earnings Release - Before Market Open Apr 14 2015
March 2015 Sales Information Apr 14 2015
Fastenal Company Reports 2015 First Quarter Earnings Apr 14 2015
Fastenal tops 1Q profit forecasts Apr 14 2015
Fastenal tops 1Q profit forecasts Apr 14 2015
Fastenal Company Reports 2015 First Quarter Earnings Apr 14 2015
Fastenal Is Focusing on Higher Sales to Boost Share Price Apr 13 2015
Fastenal Company Announces Cash Dividend Apr 13 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK