FEDEX CORP (FDX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:FDX - US31428X1063 - Common Stock
249.35 EUR
+3.8 (+1.55%)
FDX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 15 industry peers in the Air Freight & Logistics industry. While FDX has a great profitability rating, there are some minor concerns on its financial health. FDX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
FDX had positive earnings in the past year.
In the past year FDX had a positive cash flow from operations.
Each year in the past 5 years FDX has been profitable.
Each year in the past 5 years FDX had a positive operating cash flow.
1.2 Ratios
FDX has a better Return On Assets (4.86%) than 66.67% of its industry peers.
With a Return On Equity value of 15.39%, FDX perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
With a decent Return On Invested Capital value of 6.56%, FDX is doing good in the industry, outperforming 66.67% of the companies in the same industry.
FDX had an Average Return On Invested Capital over the past 3 years of 6.03%. This is below the industry average of 8.92%.
The last Return On Invested Capital (6.56%) for FDX is above the 3 year average (6.03%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.86% | ||
| ROE | 15.39% | ||
| ROIC | 6.56% |
ROA(3y)4.73%
ROA(5y)4.99%
ROE(3y)15.15%
ROE(5y)16.47%
ROIC(3y)6.03%
ROIC(5y)6.27%
1.3 Margins
With an excellent Profit Margin value of 4.81%, FDX belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
FDX's Profit Margin has improved in the last couple of years.
FDX has a better Operating Margin (7.11%) than 66.67% of its industry peers.
FDX's Operating Margin has improved in the last couple of years.
FDX has a better Gross Margin (71.27%) than 86.67% of its industry peers.
FDX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.11% | ||
| PM (TTM) | 4.81% | ||
| GM | 71.27% |
OM growth 3Y-0.28%
OM growth 5Y10.92%
PM growth 3Y4.41%
PM growth 5Y20.17%
GM growth 3Y1.06%
GM growth 5Y0.21%
2. Health
2.1 Basic Checks
FDX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FDX has less shares outstanding than it did 1 year ago.
The number of shares outstanding for FDX has been reduced compared to 5 years ago.
FDX has a worse debt/assets ratio than last year.
2.2 Solvency
FDX has an Altman-Z score of 2.65. This is not the best score and indicates that FDX is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.65, FDX is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
The Debt to FCF ratio of FDX is 4.87, which is a neutral value as it means it would take FDX, 4.87 years of fcf income to pay off all of its debts.
FDX has a better Debt to FCF ratio (4.87) than 66.67% of its industry peers.
FDX has a Debt/Equity ratio of 0.72. This is a neutral value indicating FDX is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.72, FDX is doing good in the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.87 | ||
| Altman-Z | 2.65 |
ROIC/WACC0.9
WACC7.29%
2.3 Liquidity
FDX has a Current Ratio of 1.27. This is a normal value and indicates that FDX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.27, FDX is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
A Quick Ratio of 1.23 indicates that FDX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.23, FDX is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
FDX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.65%, which is quite good.
The Earnings Per Share has been growing by 13.92% on average over the past years. This is quite good.
FDX shows a small growth in Revenue. In the last year, the Revenue has grown by 3.09%.
FDX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.90% yearly.
EPS 1Y (TTM)13.65%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%19.01%
Revenue 1Y (TTM)3.09%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%6.84%
3.2 Future
The Earnings Per Share is expected to grow by 10.39% on average over the next years. This is quite good.
FDX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.18% yearly.
EPS Next Y2.12%
EPS Next 2Y8.42%
EPS Next 3Y9.27%
EPS Next 5Y10.39%
Revenue Next Year5.57%
Revenue Next 2Y4.88%
Revenue Next 3Y4.57%
Revenue Next 5Y4.18%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 15.29, FDX is valued correctly.
The rest of the industry has a similar Price/Earnings ratio as FDX.
When comparing the Price/Earnings ratio of FDX to the average of the S&P500 Index (26.92), we can say FDX is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 13.72, the valuation of FDX can be described as correct.
73.33% of the companies in the same industry are more expensive than FDX, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of FDX to the average of the S&P500 Index (23.46), we can say FDX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.29 | ||
| Fwd PE | 13.72 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as FDX.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FDX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.95 | ||
| EV/EBITDA | 7.86 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
FDX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)7.2
PEG (5Y)1.1
EPS Next 2Y8.42%
EPS Next 3Y9.27%
5. Dividend
5.1 Amount
FDX has a Yearly Dividend Yield of 1.96%. Purely for dividend investing, there may be better candidates out there.
FDX's Dividend Yield is slightly below the industry average, which is at 2.96.
FDX's Dividend Yield is comparable with the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
5.2 History
On average, the dividend of FDX grows each year by 16.41%, which is quite nice.
Dividend Growth(5Y)16.41%
Div Incr Years4
Div Non Decr Years6
5.3 Sustainability
31.16% of the earnings are spent on dividend by FDX. This is a low number and sustainable payout ratio.
The dividend of FDX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP31.16%
EPS Next 2Y8.42%
EPS Next 3Y9.27%
FRA:FDX (12/23/2025, 7:00:00 PM)
249.35
+3.8 (+1.55%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners80.03%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap58.84B
Revenue(TTM)90.09B
Net Income(TTM)4.33B
Analysts75.88
Price Target249.33 (-0.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
Yearly Dividend4.71
Dividend Growth(5Y)16.41%
DP31.16%
Div Incr Years4
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.88%
Min EPS beat(2)5.52%
Max EPS beat(2)16.25%
EPS beat(4)3
Avg EPS beat(4)5.91%
Min EPS beat(4)-1.52%
Max EPS beat(4)16.25%
EPS beat(8)6
Avg EPS beat(8)1.56%
EPS beat(12)8
Avg EPS beat(12)4.27%
EPS beat(16)9
Avg EPS beat(16)1.64%
Revenue beat(2)2
Avg Revenue beat(2)1.82%
Min Revenue beat(2)1.69%
Max Revenue beat(2)1.95%
Revenue beat(4)4
Avg Revenue beat(4)1.22%
Min Revenue beat(4)0.3%
Max Revenue beat(4)1.95%
Revenue beat(8)4
Avg Revenue beat(8)-0.32%
Revenue beat(12)4
Avg Revenue beat(12)-1.16%
Revenue beat(16)4
Avg Revenue beat(16)-1.44%
PT rev (1m)4.15%
PT rev (3m)9.64%
EPS NQ rev (1m)-4.56%
EPS NQ rev (3m)-8.65%
EPS NY rev (1m)2.08%
EPS NY rev (3m)1.07%
Revenue NQ rev (1m)0.93%
Revenue NQ rev (3m)3.95%
Revenue NY rev (1m)0.94%
Revenue NY rev (3m)3.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.29 | ||
| Fwd PE | 13.72 | ||
| P/S | 0.77 | ||
| P/FCF | 15.95 | ||
| P/OCF | 8.46 | ||
| P/B | 2.46 | ||
| P/tB | 3.22 | ||
| EV/EBITDA | 7.86 |
EPS(TTM)16.31
EY6.54%
EPS(NY)18.18
Fwd EY7.29%
FCF(TTM)15.63
FCFY6.27%
OCF(TTM)29.48
OCFY11.82%
SpS323.93
BVpS101.18
TBVpS77.35
PEG (NY)7.2
PEG (5Y)1.1
Graham Number192.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.86% | ||
| ROE | 15.39% | ||
| ROCE | 8.78% | ||
| ROIC | 6.56% | ||
| ROICexc | 7.2% | ||
| ROICexgc | 8% | ||
| OM | 7.11% | ||
| PM (TTM) | 4.81% | ||
| GM | 71.27% | ||
| FCFM | 4.83% |
ROA(3y)4.73%
ROA(5y)4.99%
ROE(3y)15.15%
ROE(5y)16.47%
ROIC(3y)6.03%
ROIC(5y)6.27%
ROICexc(3y)6.59%
ROICexc(5y)6.9%
ROICexgc(3y)7.32%
ROICexgc(5y)7.71%
ROCE(3y)8.07%
ROCE(5y)8.39%
ROICexgc growth 3Y-3.37%
ROICexgc growth 5Y12.94%
ROICexc growth 3Y-3.24%
ROICexc growth 5Y13.26%
OM growth 3Y-0.28%
OM growth 5Y10.92%
PM growth 3Y4.41%
PM growth 5Y20.17%
GM growth 3Y1.06%
GM growth 5Y0.21%
F-Score7
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.87 | ||
| Debt/EBITDA | 1.9 | ||
| Cap/Depr | 89.89% | ||
| Cap/Sales | 4.27% | ||
| Interest Coverage | 7.48 | ||
| Cash Conversion | 76.72% | ||
| Profit Quality | 100.37% | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 2.65 |
F-Score7
WACC7.29%
ROIC/WACC0.9
Cap/Depr(3y)121.23%
Cap/Depr(5y)137.83%
Cap/Sales(3y)5.79%
Cap/Sales(5y)6.32%
Profit Quality(3y)70.96%
Profit Quality(5y)74.93%
High Growth Momentum
Growth
EPS 1Y (TTM)13.65%
EPS 3Y-4.09%
EPS 5Y13.92%
EPS Q2Q%19.01%
EPS Next Y2.12%
EPS Next 2Y8.42%
EPS Next 3Y9.27%
EPS Next 5Y10.39%
Revenue 1Y (TTM)3.09%
Revenue growth 3Y-2.03%
Revenue growth 5Y4.9%
Sales Q2Q%6.84%
Revenue Next Year5.57%
Revenue Next 2Y4.88%
Revenue Next 3Y4.57%
Revenue Next 5Y4.18%
EBIT growth 1Y10.09%
EBIT growth 3Y-2.31%
EBIT growth 5Y16.35%
EBIT Next Year74.69%
EBIT Next 3Y26.03%
EBIT Next 5Y16.83%
FCF growth 1Y6.05%
FCF growth 3Y-0.97%
FCF growth 5YN/A
OCF growth 1Y-15.72%
OCF growth 3Y-10.55%
OCF growth 5Y6.66%
FEDEX CORP / FDX.DE FAQ
Can you provide the ChartMill fundamental rating for FEDEX CORP?
ChartMill assigns a fundamental rating of 5 / 10 to FDX.DE.
Can you provide the valuation status for FEDEX CORP?
ChartMill assigns a valuation rating of 4 / 10 to FEDEX CORP (FDX.DE). This can be considered as Fairly Valued.
What is the profitability of FDX stock?
FEDEX CORP (FDX.DE) has a profitability rating of 7 / 10.
What is the expected EPS growth for FEDEX CORP (FDX.DE) stock?
The Earnings per Share (EPS) of FEDEX CORP (FDX.DE) is expected to grow by 2.12% in the next year.
Can you provide the dividend sustainability for FDX stock?
The dividend rating of FEDEX CORP (FDX.DE) is 4 / 10 and the dividend payout ratio is 31.16%.