2/1/2011 1:02:00 PM
NEWS BRIEFS
Fastener Company Makes Industrial Goods Management List
Citing its consistent growth and fiscal responsibility, online investing platform Kapitall named Fastenal Co. to its list of “Top 30 Management Teams in the Industrial Goods Sector.”
Fastenal was ranked 11th in the list of 30 industrial goods sector companies “backed by excellent management teams.”
“All the companies mentioned… have outperformed their competitors over the last five years, when comparing the Return on Assets (ROA), Return on Invested Capital (ROI) and Return on Equity (ROE) ratios–typical ratios used to evaluate the efficiency of management teams,” Kapitall stated.
Included in Fastenal’s listing was mention of its stock performance in the past 12 months, during which company shared gained 47%. ©2011 GlobalFastenerNews.com
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