Fastenal (FAST) – Brief Report

Moat Category
Reinvestment Moat
Fair Value Estimate
Price 
$30.66
Enterprise
Value
$19.3bn
Moat Type
Cost Advs | Process – Scale Ecos.
Economic Moat
Wide
Stewardship
Rating
Standard
Market Cap
$17.6bn

What does it do

Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 2,200 stores, 950 on-site locations, and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.

For full report, see link below

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s