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%.
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 Rate | 7.0% - 8.8% | 7.9% |
Long-term Growth Rate | 2.0% - 4.0% | 3.0% |
Fair Price | 189.4 - 467.45 | 273.95 |
Upside | -19.4% - 98.8% | 16.5% |
(USD in millions) | Projections | |||||
05-2025 | 05-2026 | 05-2027 | 05-2028 | 05-2029 | 05-2030 | |
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% |