Projected Income Statement: FedEx Corporation

Forecast Balance Sheet: FedEx Corporation

Forecast Balance Sheet - FedEx Corporation
Fiscal Period: May 2022 2023 2024 2026 2027 2028 2029
Net Debt 1 13,367 13,756 13,702 12,403 8,658 8,075 7,639
Change - 2.91% -0.39% - -30.19% -6.73% -5.4%
Announcement Date 23/06/22 20/06/23 25/06/24 23/06/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: FedEx Corporation

Fiscal Period: May 2022 2023 2024 2026 2027 2028 2029
CAPEX 1 6,800 6,200 5,200 3,809 3,801 4,058 4,223
Change - -8.82% -16.13% - -0.21% 6.77% 4.05%
Free Cash Flow (FCF) 1 3,069 2,641 3,136 5,116 5,160 6,065 -
Change - -13.95% 18.74% - 0.87% 17.52% -100%
Announcement Date 23/06/22 20/06/23 25/06/24 23/06/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: FedEx Corporation

Fiscal Period: May 2022 2023 2024 2025 2026 2027 2028 2029

Profitability

        
EBITDA Margin (%) 11.59% 10.59% 12% - 11.59% 11.25% 11.81% 11.94%
EBIT Margin (%) 7.34% 5.96% 7.12% - 6.98% 6.91% 7.5% 7.84%
EBT Margin (%) 5.24% 5.95% 6.65% - 6.12% 6.71% 7.2% 8%
Net margin (%) 4.09% 4.41% 4.94% - 4.68% 5.13% 5.7% 6.06%
FCF margin (%) 3.28% 2.93% 3.58% - 5.4% 5.39% 6.16% -
FCF / Net Income (%) 80.21% 66.49% 72.41% - 115.41% 105.09% 108.11% -

Profitability

        
ROA 6.52% 4.44% 5.14% - 5.19% 5.03% 5.64% 6.45%
ROE 22.41% 15.05% 16.69% - 16.2% 14.19% 14.6% 16.7%

Financial Health

        
Leverage (Debt/EBITDA) 1.23x 1.44x 1.3x - 1.13x 0.8x 0.69x 0.64x
Debt / Free cash flow 4.36x 5.21x 4.37x - 2.42x 1.68x 1.33x -

Capital Intensity

        
CAPEX / Current Assets (%) 7.27% 6.88% 5.93% - 4.02% 3.97% 4.12% 4.21%
CAPEX / EBITDA (%) 62.76% 64.93% 49.39% - 34.69% 35.28% 34.92% 35.3%
CAPEX / FCF (%) 221.57% 234.76% 165.82% - 74.45% 73.66% 66.92% -

Items per share

        
Cash flow per share 1 36.96 34.43 33.12 - 37.34 36.23 39.81 -
Change - -6.84% -3.83% - - -2.98% 9.89% -
Dividend per Share 1 3.4 5.86 5.16 - 5.57 5.77 6.342 6.92
Change - 72.35% -11.95% - - 3.59% 9.9% 9.12%
Book Value Per Share 1 93.76 101.9 109.9 - 132.4 153.1 165.8 155.4
Change - 8.69% 7.83% - - 15.6% 8.32% -6.29%
EPS 1 14.33 15.48 17.21 - 18.55 20.8 24.07 27.06
Change - 8.03% 11.18% - - 12.14% 15.71% 12.4%
Nbr of stocks (in thousands) 259,178 251,352 246,081 - 238,607 234,199 234,199 234,199
Announcement Date 23/06/22 20/06/23 25/06/24 - 23/06/26 - - -
1USD
Estimates
2027 *2028 *
P/E 15.1x 13x
PBR 2.05x 1.89x
EV / Sales 0.86x 0.83x
Yield 1.84% 2.02%

EPS & Dividend

EPS & Dividend - FedEx Corporation


Y-o-Y evolution of P/E

Valuation ratios - P/E - FedEx Corporation
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - FedEx Corporation
Trader
Investor
Global
Quality
ESG MSCI
BBB
MarketScreener Ratings - FedEx Corporation
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
29
Last Close Price
313.28USD
Average target price
357.00USD
Spread / Average Target
+13.96%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - FedEx Corporation
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