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%.
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 Rate | 6.3% - 8.4% | 7.3% |
Long-term Growth Rate | 2.0% - 4.0% | 3.0% |
Fair Price | 217.42 - 655.8 | 334.28 |
Upside | -0.2% - 201.1% | 53.5% |
(USD in millions) | Projections | |||||
05-2024 | 05-2025 | 05-2026 | 05-2027 | 05-2028 | 05-2029 | |
Revenue | 87,693 | 87,711 | 90,981 | 93,637 | 95,509 | 97,419 |
% Growth | 3% | 0% | 4% | 3% | 2% | 2% |
Cost of goods sold | (25,631) | (25,636) | (26,592) | (27,368) | (27,916) | (28,474) |
% of Revenue | 29% | 29% | 29% | 29% | 29% | 29% |
Selling, G&A expenses | (39,244) | (39,252) | (40,716) | (41,904) | (42,742) | (43,597) |
% of Revenue | 45% | 45% | 45% | 45% | 45% | 45% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | (16,982) | (16,985) | (17,619) | (18,133) | (18,496) | (18,866) |
% of Revenue | 19% | 19% | 19% | 19% | 19% | 19% |
Tax expense | (1,505) | (1,505) | (1,561) | (1,607) | (1,639) | (1,672) |
Tax rate | 26% | 26% | 26% | 26% | 26% | 26% |
Net profit | 4,331 | 4,332 | 4,493 | 4,625 | 4,717 | 4,811 |
% Margin | 5% | 5% | 5% | 5% | 5% | 5% |