GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Fastenal Co (FRA:FAS) » Definitions » Intrinsic Value: Projected FCF

Fastenal Co (FRA:FAS) Intrinsic Value: Projected FCF : €9.94 (As of Jun. 02, 2025)


View and export this data going back to 1987. Start your Free Trial

What is Fastenal Co Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2025-06-02), Fastenal Co's Intrinsic Value: Projected FCF is €9.94. The stock price of Fastenal Co is €36.21. Therefore, Fastenal Co's Price-to-Intrinsic-Value-Projected-FCF of today is 3.6.

The historical rank and industry rank for Fastenal Co's Intrinsic Value: Projected FCF or its related term are showing as below:

FRA:FAS' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 2.13   Med: 2.84   Max: 3.86
Current: 3.64

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Fastenal Co was 3.86. The lowest was 2.13. And the median was 2.84.

FRA:FAS's Price-to-Projected-FCF is ranked worse than
96.06% of 127 companies
in the Industrial Distribution industry
Industry Median: 0.73 vs FRA:FAS: 3.64

Fastenal Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for Fastenal Co's Intrinsic Value: Projected 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 Intrinsic Value: Projected FCF Chart

Fastenal Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.35 7.36 8.80 9.63 10.91

Fastenal Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Intrinsic Value: Projected 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 10.03 10.30 10.09 10.91 10.29

Competitive Comparison of Fastenal Co's Intrinsic Value: Projected FCF

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

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

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


;
;

Fastenal Co Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Fastenal Co's Free Cash Flow(6 year avg) = €772.44.

Fastenal Co's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar25)*0.8)/Shares Outstanding (Diluted Average)
=(12.695422498353*772.43552+3413.527*0.8)/1149.600
=10.91

* 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  (FRA:FAS) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Fastenal Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=36.21/10.905721015253
=3.32

* 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 Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Fastenal Co's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Fastenal Co Business Description

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.