| 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 | $50B | |||||
| 2021 | - | - (-) | P/E Ratio | 38 | Total Asset | $5B | |||||
| 2022 | $767M | - (-) | Net Income | $1B | Total Debt | $100M | |||||
| 2023 | $1B | 64.2% (56.0%) | EBITDA | $2B | Total Liab | $1B | |||||
| 2024 | $947M | -24.9% (-26.8%) | Opr Margin | 20.19 | Debt/Equity | 0.03 | |||||
| 2025 | $1B | 11.0% (2.1%) | PreTax Margin | 20.11 | BV/Share | 3 | |||||
| 5Y Average FCF | $1B | 10.0% (10.4%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.48% | Historical US Bond Yield: | 4.40% | ||||||||
| Discount Rate (WACC): | 7.57% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (10.0%) | ||||||||||
| 2026 | $1B | MBG Intrinsic Value | $10 | ||||||||
| 2027 | $1B | ||||||||||
| 2028 | $1B | ||||||||||
| 2029 | $1B | ||||||||||
| 2030 | $1B | ||||||||||
| 2031 | $1B | ||||||||||
| Terminal Value | $30B | Net Worth/Share | $3 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | $26B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | $277M | $22 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | $100M | WACC | 6.5% | 24 | 26 | 28 | 32 | 36 | |||
| Equity Value | $26B | 7.3% | 21 | 22 | 24 | 26 | 29 | ||||
| Shares Outstanding | 1,148,035,061 | 8.0% | 18 | 19 | 21 | 22 | 24 | ||||
| 8.8% | 16 | 17 | 18 | 19 | 21 | ||||||
| DCF Intrinsic Value | $22 | 9.6% | 15 | 15 | 16 | 17 | 18 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||