Company Valuation: FedEx Corporation

Data adjusted to current consolidation scope
Fiscal Period: May 2022 2023 2024 2026 2027 2028 2029
Market Cap 1 58,206 54,790 62,495 98,246 73,370 - -
Change - -5.87% 14.06% - -25.32% - -
Enterprise Value (EV) 1 71,573 68,546 76,197 110,649 82,736 82,400 83,364
Change - -4.23% 11.16% - -25.23% -0.41% 1.17%
P/E 15.7x 14.1x 14.8x 22.2x 15x 13x 12.7x
PBR 2.4x 2.14x 2.31x 3.11x 2.06x 1.84x 1.69x
PEG - 1.76x 1.3x - 1.2x 0.8x 6.32x
Capitalization / Revenue 0.62x 0.61x 0.71x 1.04x 0.77x 0.75x 0.73x
EV / Revenue 0.77x 0.76x 0.87x 1.17x 0.86x 0.84x 0.83x
EV / EBITDA 6.61x 7.18x 7.24x 10.1x 7.71x 7.09x 7.15x
EV / EBIT 10.4x 12.8x 12.2x 16.7x 12.5x 11.2x 10.6x
EV / FCF 23.3x 26x 24.3x 21.6x 16.3x 13.6x -
FCF Yield 4.29% 3.85% 4.12% 4.62% 6.13% 7.36% -
Dividend per Share 2 3.4 5.86 5.16 5.57 5.767 6.404 6.92
Rate of return 1.51% 2.69% 2.03% 1.35% 1.84% 2.04% 2.21%
EPS 2 14.33 15.48 17.21 18.55 20.84 24.18 24.67
Distribution rate 23.7% 37.9% 30% 30% 27.7% 26.5% 28.1%
Net sales 1 93,512 90,155 87,700 94,720 95,681 98,424 100,197
EBITDA 1 10,835 9,549 10,528 10,980 10,734 11,623 11,654
EBIT 1 6,865 5,373 6,240 6,611 6,617 7,383 7,850
Net income 1 3,826 3,972 4,331 4,433 4,867 5,636 6,073
Net Debt 1 13,367 13,756 13,702 12,403 9,366 9,030 9,994
Reference price 2 224.58 217.98 253.96 411.75 313.28 313.28 313.28
Nbr of stocks (in thousands) 259,178 251,352 246,081 238,607 234,199 - -
Announcement Date 6/23/22 6/20/23 6/25/24 6/23/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.46x1.22x8.9x6.06% 92.1B
16.46x0.99x7.28x3.42% 72.57B
15.02x0.87x7.77x1.84% 73.37B
32.47x1.36x11.78x0.49% 50.18B
12.48x9.19x28.75x5.48% 40.55B
25.33x1.19x12.74x3.09% 34.19B
25.18x1.89x17.97x0.79% 25.85B
14.7x0.46x4.58x2.9% 24.6B
10.16x1.42x5.26x4.14% 15.03B
Average 18.92x 2.07x 11.67x 3.13% 47.61B
Weighted average by Cap. 19.05x 1.89x 11.13x 3.38%

Y-o-Y evolution of P/E

Valuation ratios - P/E - FedEx Corporation

Historical PBR trend

Valuation ratios - PBR - FedEx Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - FedEx Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - FedEx Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - FedEx Corporation