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FAST (Fastenal Co) Net Cash per Share : $-1.48 (As of Sep. 2024)


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What is Fastenal Co Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Fastenal Co's Net Cash per Share for the quarter that ended in Sep. 2024 was $-1.48.

The historical rank and industry rank for Fastenal Co's Net Cash per Share or its related term are showing as below:

FAST's Price-to-Net-Cash is not ranked *
in the Industrial Distribution industry.
Industry Median: 6.685
* Ranked among companies with meaningful Price-to-Net-Cash only.

Fastenal Co Net Cash per Share Historical Data

The historical data trend for Fastenal Co's Net Cash per Share 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 Net Cash per Share Chart

Fastenal Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.67 -1.72 -1.77 -2.02 -1.56

Fastenal Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Cash per Share 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 -1.46 -1.56 -1.51 -1.49 -1.48

Competitive Comparison of Fastenal Co's Net Cash per Share

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

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

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



Fastenal Co Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Fastenal Co's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(221.3-1114.1-0)/571.982
=-1.56

Fastenal Co's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(292.2-1141-0)/572.881
=-1.48

* 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.


Fastenal Co  (NAS:FAST) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Fastenal Co Net Cash per Share Related Terms

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Fastenal Co Business Description

Address
2001 Theurer Boulevard, Winona, MN, USA, 55987-1500
Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, it 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 1,800 on-site locations, and 15 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
James C Jansen officer: Executive Vice President 2001 THEURER BLVD, WINONA MN 55987
Daniel L. Johnson director 6951 HIGHOVER DRIVE, CHANHASSEN MN 55317
Charles S. Miller officer: Officer-Executive Vice Preside 230 CASCADE DR., PADUCAH KY 42003
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
Nicholas J Lundquist officer: Executive Vice-President 2001 THEURER BLVD, WINONA MN 55987
Holden Lewis officer: Chief Financial Officer/EVP 6714 MELODY LANE, BETHESDA MD 20817
John Lewis Soderberg officer: Executive Vice President 1757 SNOWFLAKE PLACE, ONALASKA WI 54650
William Joseph Drazkowski officer: Executive Vice-President 806 OLYMPIC DRIVE, ONALASKA WI 54650
Rita J. Heise director 7329 MARINER DRIVE, MAPLE GROVE MN 55311
Anthony Paul Broersma officer: EVP-Operations 4730 NORTH SERVICE DRIVE, WINONA MN 55987
Reyne K Wisecup director
Hsenghung Sam Hsu director 2032 SUMMIT AVENUE, SAINT PAUL MN 55105
Jeffery Michael Watts officer: Executive Vice-President 48 LAUREL CR., INGERSOLL A6 N5C-3S4
Scott Satterlee director 8100 MITCHELL RD, STE 200, EDEN PRAIRIE MN 55344