Fastenal Co (WBO:FAST) E10: €0.80 (As of Mar. 2026)


WBO:FAST Fastenal Co WBO:FAST
93 GF Score
Price €41.19
GF Value €36.92
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Fastenal Co E10?

Fastenal Co WBO:FAST +2.17% 93 E10 is €0.80 as of Mar. 2026. GuruFocus rates WBO:FAST with a GF Score™ of 93/100 and a GF Value™ of €36.92 (Modestly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Fastenal Co's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.259. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fastenal Co's average E10 Growth Rate was 9.30% per year. During the past 3 years, the average E10 Growth Rate was 9.10% per year. During the past 5 years, the average E10 Growth Rate was 11.30% per year. During the past 10 years, the average E10 Growth Rate was 12.40% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Fastenal Co was 44.20% per year. The lowest was 9.10% per year. And the median was 14.50% per year.

As of today (2026-06-25), Fastenal Co's current stock price is €41.185. Fastenal Co's E10 for the quarter that ended in Mar. 2026 was €0.80. Fastenal Co's Shiller PE Ratio of today is 51.48.

During the past 13 years, the highest Shiller PE Ratio of Fastenal Co was 57.26. The lowest was 29.05. And the median was 39.53.


Fastenal Co  (WBO:FAST) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Fastenal Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=41.185/0.80
=51.48

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Fastenal Co was 57.26. The lowest was 29.05. And the median was 39.53.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Fastenal Co E10 Related Terms


Fastenal Co E10 Historical Data

* Premium members only.

The historical data trend for Fastenal Co's E10 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.

Fastenal Co E10 Chart

Fastenal Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.66 0.69 0.81 0.80

Fastenal Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.79 0.75 0.76 0.80 0.80

WBO:FAST vs FERG, GWW, WCC: E10 Comparison

For the Industrial Distribution subindustry, Fastenal Co's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Fastenal Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fastenal Co's Shiller PE Ratio falls into.


WBO:FAST
93GF Score
Fastenal Co WBO:FAST
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fastenal Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Fastenal Co's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.259/330.2130*330.2130
=0.259

Current CPI (Mar. 2026) = 330.2130.

Fastenal Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.100 241.018 0.137
201609 0.098 241.428 0.134
201612 0.095 241.432 0.130
201703 0.108 243.801 0.146
201706 0.116 244.955 0.156
201709 0.105 246.819 0.140
201712 0.112 246.524 0.150
201803 0.124 249.554 0.164
201806 0.158 251.989 0.207
201809 0.146 252.439 0.191
201812 0.130 251.233 0.171
201903 0.150 254.202 0.195
201906 0.159 256.143 0.205
201909 0.168 256.759 0.216
201912 0.140 256.974 0.180
202003 0.158 258.115 0.202
202006 0.186 257.797 0.238
202009 0.161 260.280 0.204
202012 0.140 260.474 0.177
202103 0.155 264.877 0.193
202106 0.174 271.696 0.211
202109 0.179 274.310 0.215
202112 0.177 278.802 0.210
202203 0.213 287.504 0.245
202206 0.237 296.311 0.264
202209 0.253 296.808 0.281
202212 0.203 296.797 0.226
202303 0.243 301.836 0.266
202306 0.240 305.109 0.260
202309 0.244 307.789 0.262
202312 0.211 306.746 0.227
202403 0.239 312.332 0.253
202406 0.232 314.175 0.244
202409 0.234 315.301 0.245
202412 0.220 315.605 0.230
202503 0.240 319.799 0.248
202506 0.251 322.561 0.257
202509 0.247 324.800 0.251
202512 0.222 324.054 0.226
202603 0.259 330.213 0.259

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €0.80 mean?
Fastenal Co (WBO:FAST) has a E10 of €0.80 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fastenal Co and its competitors.
Is Fastenal Co's E10 too high?
Fastenal Co's current E10 is €0.80. Overall, Fastenal Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fastenal Co's E10 compare to FERG and GWW?
Fastenal Co's E10 of €0.80 can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Industrial Distribution company?
A good E10 depends on the Industrial Distribution industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fastenal Co and its competitors. Fastenal Co's current E10 is €0.80. 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 (WBO:FAST) is currently considered Modestly Overvalued. The stock's GF Value™ is €36.92, compared to a current price of €41.19 — trading 11.6% above its estimated fair value. The current E10 is €0.80. Fastenal Co's overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Fastenal Co (WBO:FAST), the current E10 is €0.80 as of Mar. 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 (WBO:FAST) Overvalued in 2026?

Based on GuruFocus' analysis, Fastenal Co stock appears to be overvalued. The current stock price of €41.19 is trading 11.6% above its estimated GF Value™ of €36.92. GuruFocus considers Fastenal Co to be Modestly Overvalued.

Key valuation signals for WBO:FAST:

  • E10: €0.80
  • GF Value™: €36.92 vs. price of €41.19 (11.6% above fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the WBO:FAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fastenal Co Business Description

Other Exchanges FAST:USA0IKW:UKFAS:Germany
Address 2001 Theurer Boulevard, Winona, MN, USA, 55987-1500
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.
93GF Score

Get the complete analysis for WBO:FAST

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€41.19
Price
€36.92
GF Value