FDX
FedEx Corp
Price:  
217.83 
USD
Volume:  
1,166,860
United States | Air Freight & Logistics

FedEx DCF Valuation - Growth Exit 5Y

53.5 %
Upside

What is the DCF valuation of FedEx?

The Discounted Cash Flow (DCF) valuation of FedEx Corp (FDX) is 334.28 USD. With the latest stock price at 217.83 USD, the upside of FedEx Corp based on DCF is 53.5%.

Is FedEx a buy or a sell?

Based on the latest price of 217.83 USD and our DCF valuation, FedEx Corp (FDX) is a buy. Buying FedEx stocks now will result in a potential gain of 53.5%.

Range Selected
WACC / Discount Rate6.3% - 8.4%7.3%
Long-term Growth Rate 2.0% - 4.0%3.0%
Fair Price217.42 - 655.8334.28
Upside-0.2% - 201.1%53.5%
217.83 USD
Stock Price
334.28 USD
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

FedEx DCF Valuation: Revenue & Expenses Forecast

(USD in millions)Projections
05-202405-202505-202605-202705-202805-2029
Revenue87,69387,71190,98193,63795,50997,419
% Growth
3%0%4%3%2%2%
Cost of goods sold(25,631)(25,636)(26,592)(27,368)(27,916)(28,474)
% of Revenue29%29%29%29%29%29%
Selling, G&A expenses(39,244)(39,252)(40,716)(41,904)(42,742)(43,597)
% of Revenue45%45%45%45%45%45%
Research & Development000000
% of Revenue0%0%0%0%0%0%
Net interest & other expenses(16,982)(16,985)(17,619)(18,133)(18,496)(18,866)
% of Revenue19%19%19%19%19%19%
Tax expense(1,505)(1,505)(1,561)(1,607)(1,639)(1,672)
Tax rate26%26%26%26%26%26%
Net profit4,3314,3324,4934,6254,7174,811
% Margin5%5%5%5%5%5%