Is Fastenal Company (FAST) Undervalued?
Based on the current stock price of $41.56 and a P/E ratio of 39.21,Fastenal Company has a PEG ratio of 3.95.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 3.95, FAST appears to be potentially overvalued relative to its growth rate of 9.93%.
Based on a PEG ratio of 3.25 (adjusted for dividends).
Compare FAST vs Competitors
Use the calculator below to see how FAST stacks up against other stocks in the same industry.
How we analyzed FAST
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 39.21and dividing it by the annual growth rate of 9.93%.
PEG = 39.21 (P/E) ÷ 9.93 (Growth) = 3.95
Frequently Asked Questions about FAST
What is the current PEG Ratio for Fastenal Company (FAST)?+
The current PEG Ratio for Fastenal Company is 3.95. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is FAST stock undervalued right now?+
Based on the PEG ratio of 3.95, Fastenal Company appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for FAST?+
The PEGY ratio for Fastenal Company is 3.25. This metric accounts for dividend yield (2.12%), providing a more complete valuation picture.