Fastenal Company Stock Current Asset
| FAST Stock | USD 67.51 0.06 0.09% |
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.
Non Current Assets Total is likely to gain to about 1.5 B in 2024. Other Current Assets is likely to gain to about 198.8 M in 2024. Fastenal | Current Asset |
Fastenal Company Company Current Asset Analysis
Fastenal's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Fastenal Current Asset | 1.66 B |
Most of Fastenal's fundamental indicators, such as Current Asset, 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 Current Asset Historical Pattern
Today, most investors in Fastenal Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Fastenal's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Fastenal current asset as a starting point in their analysis.
Fastenal Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Fastenal Total Assets
Total Assets |
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In accordance with the recently published financial statements, Fastenal Company has a Current Asset of 1.66 B. This is 37.87% higher than that of the Trading Companies & Distributors sector and 43.15% higher than that of the Industrials industry. The current asset for all United States stocks is 82.17% higher than that of the company.
Fastenal Current Asset 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 Current Asset 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 current asset category among related companies.
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.Environment Score | Governance Score | Social Score |
Fastenal Fundamentals
| Return On Equity | 0.35 | ||||
| Return On Asset | 0.21 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 38.93 B | ||||
| Shares Outstanding | 572.55 M | ||||
| Shares Owned By Insiders | 0.18 % | ||||
| Shares Owned By Institutions | 85.26 % | ||||
| Number Of Shares Shorted | 18.75 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 | 5.29 X | ||||
| Earnings Per Share | 2.02 X | ||||
| Price To Earnings To Growth | 3.64 X | ||||
| Target Price | 69.41 | ||||
| Number Of Employees | 20.93 K | ||||
| Beta | 1.03 | ||||
| Market Capitalization | 38.62 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.
Fastenal Investors Sentiment
The influence of Fastenal's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fastenal. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Fastenal's public news can be used to forecast risks associated with an investment in Fastenal. The trend in average sentiment can be used to explain how an investor holding Fastenal can time the market purely based on public headlines and social activities around Fastenal Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Fastenal's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fastenal's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Fastenal's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fastenal.
Fastenal Implied Volatility | 19.57 |
Fastenal's implied volatility exposes the market's sentiment of Fastenal Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Fastenal's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Fastenal stock will not fluctuate a lot when Fastenal's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fastenal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fastenal's short interest history, or implied volatility extrapolated from Fastenal options trading.
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Complementary 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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Is Fastenal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fastenal. If investors know Fastenal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fastenal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.006 | Dividend Share 1.44 | Earnings Share 2.02 | Revenue Per Share 12.915 | Quarterly Revenue Growth 0.019 |
The market value of Fastenal is measured differently than its book value, which is the value of Fastenal that is recorded on the company's balance sheet. Investors also form their own opinion of Fastenal's value that differs from its market value or its book value, called intrinsic value, which is Fastenal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fastenal's market value can be influenced by many factors that don't directly affect Fastenal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fastenal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fastenal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fastenal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.