Fastenal Company

Fastenal Company

FASTยทNASDAQ

$46.46

+3.9%
IndustrialsIndustrial - Distribution

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. The company distributes its products through a network of 3,209 in-market locations and 15 distribution centers. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

At a Glance

Live Snapshot
Market Cap$53.34B
EPS1.1000
P/E Ratio36.60
Earnings Date07/13/2026
Fastenal Company

Fastenal Company Fair Value Envelope

FAST ยท NASDAQ

Our analysis suggests that FAST has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $46.46, this represents a potential HIDDEN relative to our calculated worth for Fastenal Company.

Intrinsic Value
Current Price: $46.46

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$42.3B
+ Cash & Equivalents$276.8M
Firm Value$42.6B
- Debt$441.9M
Equity Value$42.1B
/ Shares Outstanding1,147,808,764B
DCF Value$37
OVERVALUED BY 21%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.4B
$1.6B
$1.8B
$2.0B
$2.2B
$2.4B
$2.7B
$3.0B
$3.3B
$3.7B
Maintenance CapEx
-$54.4M
-$60.4M
-$67.0M
-$74.4M
-$82.5M
-$91.6M
-$101.6M
-$112.8M
-$125.1M
-$138.8M
Owner Earnings
$1.4B
$1.5B
$1.7B
$1.9B
$2.1B
$2.3B
$2.6B
$2.9B
$3.2B
$3.5B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.3B
$1.3B
$1.4B
$1.4B
$1.4B
$1.5B
$1.5B
$1.5B
$1.6B
$1.6B
Terminal Value represents 65.7% of Enterprise Value