FAST
Fastenal Co
Price:  
64.86 
USD
Volume:  
3,603,326.00
United States | Trading Companies & Distributors
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Fastenal Fair Value

-71.79 %
Upside

As of 2024-05-30, the Fair Value of Fastenal Co (FAST) is 18.30 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 64.86 USD, the upside of Fastenal Co is -71.79%.

64.86 USD
Stock Price
18.30 USD
Fair Price
FAIR VALUE CALCULATION

Fastenal Fair Value

Peter Lynch's formula is:

Fastenal Fair Value
= Earnings Growth Rate x TTM EPS
Fastenal Fair Value
= 9.05 x 2.02
Fastenal Fair Value
= 18.30

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 790.90 859.10 925.00 1,086.90 1,155.00 963.38
YoY growth 5.19% 8.62% 7.67% 17.50% 6.27% 9.05%

Fastenal Fair Value - Key Data

Market Cap (mil) 37,135.59
P/E 32.08x
Forward P/E 27.90x
EPS 2.02
Avg earnings growth rate 9.05%
TTM earnings 1,157.60