Equity

Is FASTENAL CO (FAST) undervalued?

$49.20−0.23% todayNasdaqGS · USD · last traded 2026-09-14 17:22 UTC

FASTENAL CO trades on a P/E of 45.14 against earnings growth of -16.8% a year over the last 3 years, giving a PEG ratio of —.

Earnings figures are measured from FAST’s filed annual accounts, not estimated. PEG compares price to earnings growth alone — it says nothing about debt, cash generation, or what an acquirer would pay. Read it alongside the figures below rather than on its own.

PEG

Not available — requires positive earnings and a growth estimate.

P/E ratio45.14
earnings growth (3-year CAGR)-16.8%
PEG ratio
Measured from FAST's filed annual accounts. Trailing, not forecast.
01

What it would cost to buy FAST

Enterprise value is what it would cost to take the whole company: every share at today’s price, plus the debt an acquirer assumes, less the cash they receive. For FASTENAL CO that is $56.45B.

Every term below is a line item from a filed statement. The numbers beside each one open the filing it came from — balance-sheet figures arrive already scaled, so there is no “in thousands” to catch you out.

1.15B shares · 10-Q cover page

market capitalisation$56.46B
total debt$190.0M
cash & equivalents$204.7M
enterprise value$56.45B
Balance-sheet terms as reported to 2026-06-30.
Enterprise-value multiples for FASTENAL CO
MeasureValue
Diluted earnings per shareto 2025-12-31$1.09
P/E ratioto 2025-12-3145.1
Earnings growth (3-year CAGR)to 2025-12-31−16.8%
PEG ratio
Market capitalisationto 2026-07-10$56.46B
Total debtto 2026-06-30$190.0M
Net debtto 2026-06-30−$41.9M
Enterprise valueto 2026-06-30$56.45B
EBITDAto 2025-12-31$1.83B
Free cash flowto 2025-12-31$1.05B
EV / EBITDAto 2025-12-3130.8×
EV / Salesto 2025-12-316.9×
Free cash flow yieldto 2025-12-311.9%
Net debt / EBITDAto 2025-12-31−0.0×
Return on capital employedto 2025-12-3138.9%

Earnings growth is measured across FASTENAL CO’s own filed annual accounts. PEG conventionally uses forecast growth from analyst estimates; filings contain only history, so this is trailing growth and will read differently from a PEG quoted elsewhere.

Not shown, and why

PEG ratio
earnings shrank over the period measured, so dividing the P/E by growth has no meaning.
02

Against the sector

FAST against 5 listed companies sharing its classification — Retail-Lumber & Other Building Materials Dealers and related industries. A multiple means little on its own; the column that matters is the gap.

FAST compared with the median of 5 sector peers
MeasureFASTSector medianDifference
EV / EBITDA*30.8×11.9×+18.9×
EV / Sales*6.9×1.7×+5.2×
Net debt / EBITDA−0.0×2.6×2.7×
Return on capital employed38.9%30.7%+8.2%
Operating margin20.2%11.8%+8.4%
Free cash flow margin12.8%7.7%+5.1%
Compared against

BLDR, HD, LOW, SHW, TSCO.

Medians are taken across peers where the measure could be computed, so the sample differs by row. Green marks the direction conventionally read as cheaper or stronger — it is a direction, not a recommendation. * Price-based multiples move with the market; peer figures are a snapshot taken 2026-09-09. The remaining rows come from filed statements and hold until the next reporting season.

03

Market ratios

Price-based ratios from market data. Anything drawn from a filed statement is in the enterprise-value section above, with its source.

Valuation and financial-health metrics for FASTENAL CO (FAST)
MetricValue
Price$49.20
PEGY ratio
Dividend yield2.11%
Price / book
Price / sales
Return on equity34.3%
Profit margin
Operating margin
Debt / equity2.95
Current ratio
Beta0.69
52-week range$38.97 – $52.92

Not reported for FAST: pegy ratio, price / book, price / sales, profit margin, operating margin, current ratio. A dash means the figure was not available from the source, not that it is zero.

04

Compare and chart

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05

About FAST’s valuation

What is the PEG ratio for FASTENAL CO (FAST)?
FASTENAL CO has a PEG ratio of —, from a P/E of 45.14 and earnings growth of -16.8% a year measured across 3 years of filed accounts. Note that PEG is conventionally quoted against forecast growth; this uses reported history, so it will differ from a PEG you see elsewhere.
Is FAST undervalued right now?
That depends on the measure. On PEG, FAST reads —. The PEG ratio compares price to earnings growth alone — it ignores debt, cash generation and asset backing, so it is a starting point rather than a conclusion. The enterprise-value measures above account for debt and cash; they often tell a different story.
What is the PEGY ratio for FAST?
The PEGY ratio for FASTENAL CO is —. PEGY adds the dividend yield of 2.11% to the growth rate in the denominator, which gives a fairer reading of companies returning cash as income rather than growth.
Where do these FAST figures come from?
Market price and capitalisation come from live market data; earnings, growth and dividend figures come from FASTENAL CO's published financial statements. Every derived ratio on this page shows the arithmetic that produced it.

This page describes published financial data. It is not investment advice and makes no recommendation to buy or sell FAST.