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Fastenal Co (Fastenal Co) Cyclically Adjusted Price-to-FCF : 54.10 (As of Apr. 28, 2024)


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What is Fastenal Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Fastenal Co's current share price is $68.17. Fastenal Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.26. Fastenal Co's Cyclically Adjusted Price-to-FCF for today is 54.10.

The historical rank and industry rank for Fastenal Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FAST' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 44.22   Med: 57.89   Max: 104.36
Current: 54.24

During the past years, Fastenal Co's highest Cyclically Adjusted Price-to-FCF was 104.36. The lowest was 44.22. And the median was 57.89.

FAST's Cyclically Adjusted Price-to-FCF is ranked worse than
83.75% of 80 companies
in the Industrial Distribution industry
Industry Median: 25.23 vs FAST: 54.24

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Fastenal Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.496. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fastenal Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fastenal Co's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fastenal Co Cyclically Adjusted Price-to-FCF Chart

Fastenal Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.81 64.65 72.24 46.28 52.60

Fastenal Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.99 52.20 45.96 52.60 61.37

Competitive Comparison of Fastenal Co's Cyclically Adjusted Price-to-FCF

For the Industrial Distribution subindustry, Fastenal Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Fastenal Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fastenal Co's Cyclically Adjusted Price-to-FCF falls into.



Fastenal Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Fastenal Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=68.17/1.26
=54.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fastenal Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fastenal Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.496/129.4194*129.4194
=0.496

Current CPI (Mar. 2024) = 129.4194.

Fastenal Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.025 100.560 0.032
201409 0.108 100.428 0.139
201412 0.203 99.070 0.265
201503 0.230 99.621 0.299
201506 0.063 100.684 0.081
201509 0.188 100.392 0.242
201512 0.194 99.792 0.252
201603 0.237 100.470 0.305
201606 0.048 101.688 0.061
201609 0.104 101.861 0.132
201612 0.182 101.863 0.231
201703 0.327 102.862 0.411
201706 0.081 103.349 0.101
201709 0.239 104.136 0.297
201712 0.160 104.011 0.199
201803 0.223 105.290 0.274
201806 0.214 106.317 0.261
201809 0.258 106.507 0.314
201812 0.173 105.998 0.211
201903 0.263 107.251 0.317
201906 0.103 108.070 0.123
201909 0.341 108.329 0.407
201912 0.331 108.420 0.395
202003 0.334 108.902 0.397
202006 0.364 108.767 0.433
202009 0.443 109.815 0.522
202012 0.480 109.897 0.565
202103 0.420 111.754 0.486
202106 0.237 114.631 0.268
202109 0.208 115.734 0.233
202112 0.198 117.630 0.218
202203 0.337 121.301 0.360
202206 0.180 125.017 0.186
202209 0.365 125.227 0.377
202212 0.452 125.222 0.467
202303 0.620 127.348 0.630
202306 0.430 128.729 0.432
202309 0.595 129.860 0.593
202312 0.554 129.419 0.554
202403 0.496 129.419 0.496

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Fastenal Co  (NAS:FAST) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Fastenal Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Fastenal Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Fastenal Co (Fastenal Co) Business Description

Industry
Address
2001 Theurer Boulevard, Winona, MN, USA, 55987-1500
Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,600 branches, over 1,700 on-site locations, and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.
Executives
John Lewis Soderberg officer: Executive Vice President 1757 SNOWFLAKE PLACE, ONALASKA WI 54650
Charles S. Miller officer: Officer-Executive Vice Preside 230 CASCADE DR., PADUCAH KY 42003
Reyne K Wisecup director
Scott Satterlee director 8100 MITCHELL RD, STE 200, EDEN PRAIRIE MN 55344
William Joseph Drazkowski officer: Executive Vice-President 806 OLYMPIC DRIVE, ONALASKA WI 54650
James C Jansen officer: Executive Vice President 2001 THEURER BLVD, WINONA MN 55987
Daniel L Florness officer: Exec. V-P and CFO FASTENAL CO, 2001 THEURER BLVD, WINONA MN 55987
Sheryl Ann Lisowski officer: Controller/Chief Acct. Officer 155 WILDWOOD DRIVE, WINONA MN 55987
Terry Modock Owen officer: Executive Vice President 704 DOVE CREEK TRAIL, SOUTHLAKE TX 76092
Anthony Paul Broersma officer: EVP-Operations 4730 NORTH SERVICE DRIVE, WINONA MN 55987
Michael J Ancius director 151 COACHLITE COURT NORTH, ONALASKA WI 54650
Irene Ayeley Quarshie director 5070 ZIRCON LANE NORTH, PLYMOUTH MN 55446
Noelle Joan Oas officer: Executive VP-Human Resources 2001 THEURER BOULEVARD, WINONA MN 55987
Jeffery Michael Watts officer: Executive Vice-President 48 LAUREL CR., INGERSOLL A6 N5C-3S4
Sarah N Nielsen director 31 LIDO ROAD, CLEAR LAKE IA 50428

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