| Intrinsic Valuation of: FAST | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 1 | Market Cap | $49B | |||||
| 2021 | - | - (-) | P/E Ratio | 43 | Total Asset | $5B | |||||
| 2022 | $614M | - (-) | Net Income | $1B | Total Debt | $125M | |||||
| 2023 | $767M | 25.1% (7.7%) | EBITDA | $2B | Total Liab | $1B | |||||
| 2024 | $1B | 64.2% (56.0%) | Opr Margin | 0.20 | Debt/Equity | 0.03 | |||||
| 2025 | $947M | -24.9% (-26.8%) | PreTax Margin | 19.91 | BV/Share | 3 | |||||
| 5Y Average FCF | $897M | 21.5% (12.3%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (21.5%) | ||||||||||
| 2026 | $1B | MBG Intrinsic Value | $9 | ||||||||
| 2027 | $1B | ||||||||||
| 2028 | $2B | ||||||||||
| 2029 | $2B | ||||||||||
| 2030 | $3B | ||||||||||
| 2031 | $3B | ||||||||||
| Terminal Value | $63B | Net Worth/Share | $3 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $50B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $256M | $44 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $125M | WACC | 7.3% | 38 | 41 | 45 | 49 | 55 | |||
| Equity Value | $50B | 7.4% | 38 | 41 | 44 | 49 | 54 | ||||
| Shares Outstanding | 1,147,239,936 | 7.4% | 37 | 40 | 44 | 48 | 53 | ||||
| 7.9% | 34 | 37 | 39 | 43 | 47 | ||||||
| DCF Intrinsic Value | $44 | 8.4% | 32 | 34 | 36 | 39 | 42 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||