FDX
FedEx Corp
Price:  
235.09 
USD
Volume:  
2,607,587
United States | Air Freight & Logistics

FedEx DCF Valuation - Growth Exit 5Y

16.5 %
Upside

What is the DCF valuation of FedEx?

The Discounted Cash Flow (DCF) valuation of FedEx Corp (FDX) is 273.95 USD. With the latest stock price at 235.09 USD, the upside of FedEx Corp based on DCF is 16.5%.

Is FedEx a buy or a sell?

Based on the latest price of 235.09 USD and our DCF valuation, FedEx Corp (FDX) is a buy. Buying FedEx stocks now will result in a potential gain of 16.5%.

Range Selected
WACC / Discount Rate7.0% - 8.8%7.9%
Long-term Growth Rate 2.0% - 4.0%3.0%
Fair Price189.4 - 467.45273.95
Upside-19.4% - 98.8%16.5%
235.09 USD
Stock Price
273.95 USD
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

FedEx DCF Valuation: Revenue & Expenses Forecast

(USD in millions)Projections
05-202505-202605-202705-202805-202905-2030
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%