Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Fastenal Company (FAST)

Company Dividend Discount ModelIndustry: Industrial - DistributionSector: Industrials

Valuation Snapshot

Stable Growth$28.00 - $87.59$44.92
Multi-Stage$20.09 - $21.90$20.98
Blended Fair Value$32.95
Current Price$49.04
Upside-32.82%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS12.37%11.66%0.780.880.620.560.700.430.380.320.300.28
YoY Growth---12.15%42.95%10.50%-19.88%61.13%12.83%19.72%6.49%5.96%10.29%
Dividend Yield--2.00%2.31%2.29%1.88%2.78%2.77%2.34%2.35%2.34%2.32%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,226.60
(-) Cash Dividends Paid (M)975.10
(=) Cash Retained (M)251.50
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)245.32153.3392.00
Cash Retained (M)251.50251.50251.50
(-) Cash Required (M)-245.32-153.33-92.00
(=) Excess Retained (M)6.1898.18159.51
(/) Shares Outstanding (M)1,149.951,149.951,149.95
(=) Excess Retained per Share0.010.090.14
LTM Dividend per Share0.850.850.85
(+) Excess Retained per Share0.010.090.14
(=) Adjusted Dividend0.850.930.99
WACC / Discount Rate8.50%8.50%8.50%
Growth Rate5.29%6.29%7.29%
Fair Value$28.00$44.92$87.59
Upside / Downside-42.90%-8.40%78.62%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,226.601,303.761,385.761,472.931,565.581,664.061,713.98
Payout Ratio79.50%81.60%83.70%85.80%87.90%90.00%92.50%
Projected Dividends (M)975.101,063.821,159.851,263.751,376.131,497.651,585.43

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.50%8.50%8.50%
Growth Rate5.29%6.29%7.29%
Year 1 PV (M)971.27980.50989.72
Year 2 PV (M)966.81985.271,003.89
Year 3 PV (M)961.77989.441,017.63
Year 4 PV (M)956.18993.031,030.93
Year 5 PV (M)950.08996.071,043.81
PV of Terminal Value (M)18,291.0419,176.3020,095.51
Equity Value (M)23,097.1724,120.5925,181.49
Shares Outstanding (M)1,149.951,149.951,149.95
Fair Value$20.09$20.98$21.90
Upside / Downside-59.04%-57.23%-55.35%

High-Yield Dividend Screener

« Prev Page 71 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603556.SSHexing Electrical Co.,Ltd.2.03%$0.7437.74%
CUERVO.MXBecle, S.A.B. de C.V.2.03%$0.4216.99%
MDIA3.SAM. Dias Branco S.A. Indústria e Comércio de Alimentos2.03%$0.4824.23%
TRH1V.HETrainers' House Oyj2.03%$0.0541.72%
000065.SZNorinco International Cooperation Ltd.2.02%$0.2534.80%
001206.SZTianjin Yiyi Hygiene Products Co.,Ltd2.02%$0.6050.08%
0QND.LBachem Holding AG2.02%$1.2136.62%
300705.SZHunan Jiudian Pharmaceutical Co., Ltd.2.02%$0.3033.69%
3711.TWASE Technology Holding Co., Ltd.2.02%$5.2165.40%
600497.SSYunnan Chihong Zinc & Germanium Co., Ltd.2.02%$0.1565.03%
BMEB3.SABanco Mercantil do Brasil S.A.2.02%$1.2523.03%
COGN3.SACogna Educação S.A.2.02%$0.069.04%
CZG.PRColt CZ Group SE2.02%$15.0050.93%
PINFRA.MXPromotora y Operadora de Infraestructura, S. A. B. de C. V.2.02%$5.3312.11%
002138.SZShenzhen Sunlord Electronics Co.,Ltd.2.01%$0.7256.61%
012630.KSHDC HOLDINGS CO.,Ltd2.01%$351.076.96%
0303.HKVtech Holdings Limited2.01%$1.2497.00%
300519.SZZhejiang Xinguang Pharmaceutical Co., Ltd.2.01%$0.3082.84%
6096.TRareJob Inc.2.01%$6.4030.88%
AKRN.MEPJSC Acron2.01%$363.0128.13%
CGY.TOCalian Group Ltd.2.01%$1.1363.09%
FORUS.SNForus S.A.2.01%$46.8542.68%
INDU-A.STAB Industrivärden (publ)2.01%$8.2525.83%
002773.SZChengdu Kanghong Pharmaceutical Group Co., Ltd2.00%$0.6044.20%
004080.KSShinhung Co., Ltd2.00%$279.3556.15%
600388.SSFujian Longking Co., Ltd.2.00%$0.3342.78%
7199.TPremium Group Co., Ltd.2.00%$38.8033.41%
EVANS.BOEvans Electric Ltd.2.00%$2.5014.08%
PFV.DEPfeiffer Vacuum Technology AG2.00%$3.1699.27%
002996.SZChongqing Shunbo Aluminum Co.,Ltd.1.99%$0.1568.38%
0285.HKBYD Electronic (International) Company Limited1.99%$0.7022.65%
1948.HKUju Holding Limited1.99%$0.0823.66%
301119.SZHangzhou Zhengqiang Corporation Limited1.99%$1.0594.30%
3391.TTsuruha Holdings Inc.1.99%$57.3849.48%
3545.TWFocalTech Systems Co., Ltd.1.99%$1.0236.23%
601579.SSKuaijishan Shaoxing Rice Wine Co., Ltd.1.99%$0.4094.73%
603025.SSBeijing Dahao Technology Corp.,Ltd1.99%$0.3657.13%
603313.SSHealthcare Co., Ltd.1.99%$0.1860.06%
000554.SZSINOPEC Shandong Taishan Pectroleum CO.,LTD.1.98%$0.1338.84%
000997.SZNewland Digital Technology Co.,Ltd.1.98%$0.5650.65%
1381.HKCanvest Environmental Protection Group Company Limited1.98%$0.1012.54%
300795.SZZhejiang Meorient Commerce Exhibition Inc.1.98%$0.2765.37%
600482.SSChina Shipbuilding Industry Group Power Co., Ltd.1.98%$0.4149.72%
6005.TMiura Co., Ltd.1.98%$60.2627.67%
603197.SSShanghai Baolong Automotive Corporation1.98%$0.7361.39%
605058.SSChangzhou Aohong Electronics Co., Ltd.1.98%$0.6058.36%
BLA-R.BKBangkok Life Assurance Public Company Limited1.98%$0.4013.92%
LAS-A.TOLassonde Industries Inc.1.98%$4.3023.88%
NREST.STNordrest Holding AB (publ)1.98%$4.9045.35%
SGER.JKPT Sumber Global Energy Tbk1.98%$8.2746.12%