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Intrinsic Value of FedEx Corporation (FDX)

Previous Close$294.46
Intrinsic Value
Upside potential
Previous Close
$294.46

VALUATION INPUT DATA

This valuation is based on fiscal year data as of 2023-05-31 and quarterly data as of 2023-05-31.

  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year(a)2024202520262027202820292030203120322033203420352036203720382039204020412042204320442045204620472048

INCOME STATEMENT

Revenue growth rate, %-3.6NaN
Revenue, $90155NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m85243NaN
Operating income, $m4912NaN
EBITDA, $m9205NaN
Interest expense (income), $mNaN
Earnings before tax, $m5363NaN
Tax expense, $m1391NaN
Net income, $m3972NaN

BALANCE SHEET

Cash and short-term investments, $m6856NaN
Total assets, $m87143NaN
Adjusted assets (=assets-cash), $m80287NaN
Average production assets, $m45884NaN
Working capital, $m5024NaN
Total debt, $m20579NaN
Total liabilities, $m61055NaN
Total equity, $m26088NaN
Debt-to-equity ratio0.789NaN
Adjusted equity ratio0.241NaN

CASH FLOW

Net income, $m3972NaN
Depreciation, amort., depletion, $m4293NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m8848NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-6090NaN
Free cash flow, $m14938NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m5024
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN
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