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 79,173 - -
Change - -5.87% 14.06% - -19.41% - -
Enterprise Value (EV) 1 71,573 68,546 76,197 110,649 92,393 90,727 89,167
Change - -4.23% 11.16% - -16.5% -1.8% -1.72%
P/E 15.7x 14.1x 14.8x 22.2x 16.1x 13.9x 13.1x
PBR 2.4x 2.14x 2.31x 3.11x 2.47x - -
PEG - 1.76x 1.3x - 1.3x 0.9x 2.2x
Capitalization / Revenue 0.62x 0.61x 0.71x 1.04x 0.83x 0.82x 0.79x
EV / Revenue 0.77x 0.76x 0.87x 1.17x 0.97x 0.94x 0.89x
EV / EBITDA 6.61x 7.18x 7.24x 10.1x 8.48x 7.99x 7.46x
EV / EBIT 10.4x 12.8x 12.2x 16.7x 14.3x 13x 11.7x
EV / FCF 23.3x 26x 24.3x 21.6x 16.2x 14.7x -
FCF Yield 4.29% 3.85% 4.12% 4.62% 6.17% 6.78% -
Dividend per Share 2 3.4 5.86 5.16 - 5.432 5.57 5.65
Rate of return 1.51% 2.69% 2.03% - 1.62% 1.66% 1.69%
EPS 2 14.33 15.48 17.21 18.55 20.83 24.04 25.46
Distribution rate 23.7% 37.9% 30% - 26.1% 23.2% 22.2%
Net sales 1 93,512 90,155 87,700 94,720 95,144 96,609 99,779
EBITDA 1 10,835 9,549 10,528 10,980 10,894 11,354 11,956
EBIT 1 6,865 5,373 6,240 6,611 6,446 7,001 7,645
Net income 1 3,826 3,972 4,331 4,433 4,866 5,469 5,818
Net Debt 1 13,367 13,756 13,702 12,403 13,221 11,554 9,994
Reference price 2 224.58 217.98 253.96 411.75 334.64 334.64 334.64
Nbr of stocks (in thousands) 259,178 251,352 246,081 238,607 236,591 - -
Announcement Date 6/23/22 6/20/23 6/25/24 6/23/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.21x1.19x8.67x6.28% 88.91B
16.07x0.97x8.48x1.62% 79.17B
15.95x0.96x7.11x3.6% 70.85B
24.11x1.8x17.06x0.84% 24.19B
20.97x0.77x8.72x-.--% 12.08B
28.94x2.49x9.5x-.--% 8.97B
8.79x0.33x6.41x6.9% 6.06B
15.7x0.71x8.04x3.28% 6.17B
29.62x0.54x7.86x-.--% 5.57B
Average 19.71x 1.08x 9.09x 2.5% 33.55B
Weighted average by Cap. 17.70x 1.11x 8.88x 3.39%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield