Fastenal Company Stock Working Capital

FAST Stock  USD 77.28  0.50  0.65%   
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.
Change In Working Capital is likely to gain to about 111.2 M in 2024, whereas Net Working Capital is likely to drop slightly above 2.2 B in 2024.
  
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Fastenal Working Capital Analysis

Fastenal's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
 2021 2022 2023 2024 (projected)
Capital Expenditures156.6M173.8M172.8M95.4M
Depreciation170.7M176.6M177.3M186.2M

Working Capital

 = 

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Fastenal Working Capital

    
  2.36 B  
Most of Fastenal's fundamental indicators, such as Working Capital, 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 Working Capital 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 Working Capital. 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.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Fastenal Capital Surpluse

Capital Surpluse

3.93 Million

At this time, Fastenal's Capital Surpluse is comparatively stable compared to the past year.
According to the company's disclosures, Fastenal Company has a Working Capital of 2.36 B. This is much higher than that of the Trading Companies & Distributors sector and 239.96% higher than that of the Industrials industry. The working capital for all United States stocks is 59.63% lower than that of the firm.

Fastenal Working Capital 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 Working Capital 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 working capital 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

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.
Last ReportedProjected for 2024
Net Working Capital2.4 B2.2 B
Change In Working Capital105.9 M111.2 M

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When determining whether Fastenal is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fastenal Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fastenal Company Stock. Highlighted below are key reports to facilitate an investment decision about Fastenal Company Stock:

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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
0.084
Dividend Share
1.4
Earnings Share
2.02
Revenue Per Share
12.86
Quarterly Revenue Growth
0.037
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.