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Fastenal CoFAST -0.62%88 3-Year Book Growth Rate is 7.40% as of Jun. 2026, which is 48% below its 10-year median of 14.25. GuruFocus rates FAST with a GF Score™ of 88/100 and a GF Value™ of $45.93 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 151 Industrial Distribution companies, Fastenal Co ranks better than 58.94% on this metric.
During the past 12 months, Fastenal Co's average Book Value per Share Growth Rate was 6.90% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 7.40% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 7.20% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 8.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Fastenal Co was 36.40% per year. The lowest was 3.80% per year. And the median was 14.25% per year.
Fastenal Co (NAS:FAST) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Fastenal Co 3-Year Book Growth Rate Related Terms
FAST vs FERG, GWW, WCC: 3-Year Book Growth Rate Comparison
For the Industrial Distribution subindustry, Fastenal Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fastenal Co 3-Year Book Growth Rate vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Fastenal Co's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Fastenal Co's 3-Year Book Growth Rate falls into.
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 7.40% mean?
Fastenal Co (FAST) has a 3-Year Book Growth Rate of 7.40% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Fastenal Co and its competitors. This is 48% below median its historical median of 14.25. Over the past decade, Fastenal Co's 3-Year Book Growth Rate has ranged from 3.80 to 36.40. According to the industry distribution chart, Fastenal Co ranks #62 out of 151 companies in the Industrial Distribution industry, placing it in the top 41.1%.
Is Fastenal Co's 3-Year Book Growth Rate too high?
Fastenal Co's current 3-Year Book Growth Rate of 7.40% is 48% below median its 10-year median of 14.25. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 36.40. The Industrial Distribution industry median 3-Year Book Growth Rate is 5.70. Fastenal Co's value of 7.40% is 29.8% above this industry median. Based on the distribution chart, Fastenal Co ranks #62 out of 151 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Fastenal Co has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fastenal Co's 3-Year Book Growth Rate compare to FERG and GWW?
According to the Industrial Distribution industry distribution chart, Fastenal Co ranks #62 out of 151 companies for 3-Year Book Growth Rate. This puts Fastenal Co in the upper half of its industry. The industry median 3-Year Book Growth Rate is 5.70. Fastenal Co's value of 7.40% is 29.8% above this benchmark. Historically, Fastenal Co's own 3-Year Book Growth Rate has ranged from 3.80 to 36.40 over the past decade. While the company's 10-year median is 14.25 vs. the industry median of 5.70, Fastenal Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Industrial Distribution company?
The median 3-Year Book Growth Rate among Industrial Distribution companies is 5.70, based on 151 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fastenal Co's current 3-Year Book Growth Rate of 7.40% is 29.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Fastenal Co and its competitors. For the Industrial Distribution industry, the median 3-Year Book Growth Rate is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fastenal Co's current 3-Year Book Growth Rate is 7.40%, which is 48% below median its own 10-year median of 14.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fastenal Co stock overvalued right now?
Based on GuruFocus' analysis, Fastenal Co (FAST) is currently considered Modestly Overvalued. The stock's GF Value™ is $45.93, compared to a current price of $51.02 — trading 11.1% above its estimated fair value. The current 3-Year Book Growth Rate is 7.40%, which is 48% below median its 10-year median of 14.25 and 29.8% above the Industrial Distribution industry median of 5.70. Fastenal Co's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Fastenal Co (FAST), the current 3-Year Book Growth Rate is 7.40% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fastenal Co (FAST) Overvalued in 2026?
Based on GuruFocus' analysis, Fastenal Co stock appears to be overvalued.
The current stock price of $51.02 is trading 11.1% above its estimated GF Value™ of $45.93.
GuruFocus considers Fastenal Co to be Modestly Overvalued.
Key valuation signals for FAST:
3-Year Book Growth Rate: 7.40% (48% below median its 10-year median of 14.25)
GF Value™: $45.93 vs. price of $51.02 (11.1% above fair value)
Industry Position: 29.8% above the Industrial Distribution median (#62 of 151)
No single metric tells the full story. See the FAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fastenal began as an industrial retailer, expanding its product portfolio from nuts and bolts to cutting tools, safety equipment, and janitorial supplies. It transitioned into a distributor by building out a dense network of branches close to its business customers. Once a customer becomes large enough, Fastenal installs vending machines and its own personnel on-site. Today, these on-site locations exceed Fastenal's branch count and remain the firm's main focus for expansion. Fastenal acts as a one-stop outsourcing partner for its industrial customers, offering value-added services along with a wide breadth of maintenance, repair, and operations supplies.
88GF Score
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3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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