Fastenal Company Stock Price To Earning

FAST Stock

USD 64.31 1.67 2.53%

Fastenal Company fundamentals help investors to digest information that contributes to Fastenal's financial success or failures. It also enables traders to predict the movement of Fastenal Stock. The fundamental analysis module provides a way to measure Fastenal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fastenal stock.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Fastenal Company Company Price To Earning Analysis

Fastenal's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Fastenal Price To Earning

28.13 X

Most of Fastenal's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fastenal Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Fastenal Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Fastenal is extremely important. It helps to project a fair market value of Fastenal Stock properly, considering its historical fundamentals such as Price To Earning. Since Fastenal's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fastenal's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fastenal's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Accounts Payable	Short Term Debt	Common Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Current Deferred Revenue	Short Long Term Debt	Long Term Debt Total	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.82	0.99	0.98	0.96	1.0	0.98	0.7	0.84	0.82	0.88	0.63	0.13	0.74	-0.75	0.86	-0.06	0.23	0.85	0.84	0.67
Total Stockholder Equity	0.99		0.74	1.0	0.98	0.9	0.99	0.97	0.67	0.88	0.78	0.86	0.54	0.13	0.7	-0.83	0.82	-0.03	0.16	0.83	0.83	0.69
Net Debt	0.82	0.74		0.75	0.77	0.95	0.8	0.82	0.69	0.52	0.76	0.79	0.87	0.03	0.75	-0.32	0.82	-0.13	0.46	0.73	0.72	0.51
Retained Earnings	0.99	1.0	0.75		0.99	0.91	0.99	0.98	0.68	0.88	0.78	0.86	0.56	0.09	0.69	-0.82	0.82	-0.03	0.18	0.84	0.84	0.69
Net Receivables	0.98	0.98	0.77	0.99		0.91	0.99	0.99	0.69	0.9	0.73	0.87	0.55	0.02	0.69	-0.77	0.87	0.0	0.18	0.89	0.9	0.75
Total Liab	0.96	0.9	0.95	0.91	0.91		0.94	0.94	0.72	0.69	0.84	0.87	0.79	0.11	0.79	-0.56	0.88	-0.12	0.38	0.82	0.81	0.6
Total Current Assets	1.0	0.99	0.8	0.99	0.99	0.94		0.99	0.7	0.86	0.8	0.87	0.61	0.09	0.72	-0.77	0.85	-0.02	0.24	0.86	0.86	0.7
Accounts Payable	0.98	0.97	0.82	0.98	0.99	0.94	0.99		0.71	0.86	0.75	0.88	0.61	0.03	0.72	-0.72	0.9	-0.03	0.24	0.9	0.9	0.73
Short Term Debt	0.7	0.67	0.69	0.68	0.69	0.72	0.7	0.71		0.63	0.59	0.81	0.3	0.01	0.44	-0.27	0.57	0.51	-0.1	0.84	0.8	0.74
Common Stock	0.84	0.88	0.52	0.88	0.9	0.69	0.86	0.86	0.63		0.55	0.73	0.24	0.01	0.47	-0.79	0.65	0.23	-0.12	0.85	0.86	0.88
Property Plant Equipment	0.82	0.78	0.76	0.78	0.73	0.84	0.8	0.75	0.59	0.55		0.84	0.7	0.31	0.74	-0.55	0.64	-0.23	0.39	0.57	0.58	0.5
Net Tangible Assets	0.88	0.86	0.79	0.86	0.87	0.87	0.87	0.88	0.81	0.73	0.84		0.53	0.13	0.75	-0.53	0.82	0.05	0.19	0.88	0.88	0.78
Long Term Debt	0.63	0.54	0.87	0.56	0.55	0.79	0.61	0.61	0.3	0.24	0.7	0.53		0.0	0.69	-0.26	0.66	-0.45	0.76	0.37	0.38	0.17
Capital Surpluse	0.13	0.13	0.03	0.09	0.02	0.11	0.09	0.03	0.01	0.01	0.31	0.13	0.0		0.43	-0.02	0.03	-0.17	-0.12	0.05	0.0	-0.03
Deferred Long Term Liab	0.74	0.7	0.75	0.69	0.69	0.79	0.72	0.72	0.44	0.47	0.74	0.75	0.69	0.43		-0.45	0.69	-0.27	0.39	0.63	0.62	0.42
Long Term Investments	-0.75	-0.83	-0.32	-0.82	-0.77	-0.56	-0.77	-0.72	-0.27	-0.79	-0.55	-0.53	-0.26	-0.02	-0.45		-0.48	0.13	-0.01	-0.48	-0.5	-0.45
Current Deferred Revenue	0.86	0.82	0.82	0.82	0.87	0.88	0.85	0.9	0.57	0.65	0.64	0.82	0.66	0.03	0.69	-0.48		-0.19	0.41	0.82	0.83	0.6
Short Long Term Debt	-0.06	-0.03	-0.13	-0.03	0.0	-0.12	-0.02	-0.03	0.51	0.23	-0.23	0.05	-0.45	-0.17	-0.27	0.13	-0.19		-0.49	0.27	0.23	0.37
Long Term Debt Total	0.23	0.16	0.46	0.18	0.18	0.38	0.24	0.24	-0.1	-0.12	0.39	0.19	0.76	-0.12	0.39	-0.01	0.41	-0.49		0.0	0.05	-0.16
Net Invested Capital	0.85	0.83	0.73	0.84	0.89	0.82	0.86	0.9	0.84	0.85	0.57	0.88	0.37	0.05	0.63	-0.48	0.82	0.27	0.0		0.99	0.88
Net Working Capital	0.84	0.83	0.72	0.84	0.9	0.81	0.86	0.9	0.8	0.86	0.58	0.88	0.38	0.0	0.62	-0.5	0.83	0.23	0.05	0.99		0.9
Capital Stock	0.67	0.69	0.51	0.69	0.75	0.6	0.7	0.73	0.74	0.88	0.5	0.78	0.17	-0.03	0.42	-0.45	0.6	0.37	-0.16	0.88	0.9

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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Fastenal Retained Earnings

Retained Earnings

3.52 Billion

At this time, Fastenal's Retained Earnings are comparatively stable compared to the past year.

Based on the latest financial disclosure, Fastenal Company has a Price To Earning of 28.13 times. This is 42.14% higher than that of the Trading Companies & Distributors sector and 71.84% higher than that of the Industrials industry. The price to earning for all United States stocks is 2.05% higher than that of the company.

Fastenal Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fastenal's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fastenal could also be used in its relative valuation, which is a method of valuing Fastenal by comparing valuation metrics of similar companies.

Fastenal is currently under evaluation in price to earning category among its peers.

Fastenal ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fastenal's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fastenal's managers, analysts, and investors.

Environmental

Governance

Social

Fastenal Fundamentals

	Return On Equity	0.35
	Return On Asset	0.21
	Profit Margin	0.16 %
	Operating Margin	0.21 %
	Current Valuation	38.02 B
	Shares Outstanding	572.55 M
	Shares Owned By Insiders	0.18 %
	Shares Owned By Institutions	86.69 %
	Number Of Shares Shorted	12.83 M
	Price To Earning	28.13 X
	Price To Book	12.04 X
	Price To Sales	5.46 X
	Revenue	7.35 B
	Gross Profit	3.22 B
	EBITDA	1.71 B
	Net Income	1.16 B
	Cash And Equivalents	231.5 M
	Cash Per Share	0.40 X
	Total Debt	535 M
	Debt To Equity	0.26 %
	Current Ratio	3.98 X
	Book Value Per Share	5.99 X
	Cash Flow From Operations	1.43 B
	Short Ratio	3.88 X
	Earnings Per Share	2.02 X
	Price To Earnings To Growth	3.64 X
	Target Price	69.43
	Number Of Employees	20.93 K
	Beta	1.06
	Market Capitalization	36.82 B
	Total Asset	4.46 B
	Retained Earnings	3.36 B
	Working Capital	2.36 B
	Current Asset	1.66 B
	Current Liabilities	373.17 M
	Annual Yield	0.02 %
	Five Year Return	2.36 %
	Net Asset	4.46 B
	Last Dividend Paid	1.44

About Fastenal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fastenal Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fastenal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fastenal Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Fastenal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fastenal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fastenal will appreciate offsetting losses from the drop in the long position's value.

Moving against Fastenal Stock

0.68	SMSMY	Sims Metal Management	Pair Corr
0.62	WSO	Watsco Inc	Pair Corr
0.6	BV	BrightView Holdings Earnings Call Today	Pair Corr
0.57	TRNS	Transcat	Pair Corr
0.55	BZ	Kanzhun Ltd ADR	Pair Corr

The ability to find closely correlated positions to Fastenal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fastenal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fastenal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fastenal Company to buy it.

The correlation of Fastenal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fastenal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fastenal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Fastenal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Fastenal Stock Analysis

When running Fastenal's price analysis, check to measure Fastenal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fastenal is operating at the current time. Most of Fastenal's value examination focuses on studying past and present price action to predict the probability of Fastenal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fastenal's price. Additionally, you may evaluate how the addition of Fastenal to your portfolios can decrease your overall portfolio volatility.

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