FEDEX CORP (FDX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:FDX - US31428X1063 - Common Stock
249 EUR
-0.25 (-0.1%)
Overall FDX gets a fundamental rating of 5 out of 10. We evaluated FDX against 15 industry peers in the Air Freight & Logistics industry. While FDX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FDX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year FDX was profitable.
FDX had a positive operating cash flow in the past year.
Each year in the past 5 years FDX has been profitable.
In the past 5 years FDX always reported a positive cash flow from operatings.
1.2 Ratios
FDX's Return On Assets of 4.86% is fine compared to the rest of the industry. FDX outperforms 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.
FDX has a Return On Invested Capital of 6.56%. This is in the better half of the industry: FDX outperforms 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FDX 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
FDX's Profit Margin of 4.81% is amongst the best of the industry. FDX outperforms 86.67% of its industry peers.
In the last couple of years the Profit Margin of FDX has grown nicely.
The Operating Margin of FDX (7.11%) is better than 66.67% of its industry peers.
In the last couple of years the Operating Margin of FDX has grown nicely.
FDX's Gross Margin of 71.27% is amongst the best of the industry. FDX outperforms 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FDX is destroying value.
FDX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, FDX has less shares outstanding
Compared to 1 year ago, FDX has a worse debt to assets ratio.
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.
With a decent Altman-Z score value of 2.65, FDX is doing good in 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.
FDX has a Debt to Equity ratio of 0.72. This is in the better half of the industry: FDX outperforms 80.00% of its industry peers.
| 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.
The Current ratio of FDX (1.27) is better than 73.33% of its industry peers.
FDX has a Quick Ratio of 1.23. This is a normal value and indicates that FDX is financially healthy and should not expect problems in meeting its short term obligations.
FDX has a better Quick ratio (1.23) than 73.33% of its industry peers.
| 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%.
Measured over the past years, FDX shows a small growth in Revenue. The Revenue has been growing by 4.90% on average per year.
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.
The Revenue is expected to grow by 4.18% on average over the next years.
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 15.22, FDX is valued correctly.
FDX's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.51. FDX is valued slightly cheaper when compared to this.
FDX is valuated correctly with a Price/Forward Earnings ratio of 13.66.
FDX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FDX is cheaper than 73.33% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of FDX to the average of the S&P500 Index (23.13), we can say FDX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.22 | ||
| Fwd PE | 13.66 |
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 | 15.89 | ||
| EV/EBITDA | 7.83 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates FDX does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of FDX may justify a higher PE ratio.
PEG (NY)7.17
PEG (5Y)1.09
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
The dividend of FDX is nicely growing with an annual growth rate of 16.41%!
Dividend Growth(5Y)16.41%
Div Incr Years4
Div Non Decr Years6
5.3 Sustainability
FDX pays out 31.16% of its income as dividend. This is a 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 (12/30/2025, 7:00:00 PM)
249
-0.25 (-0.1%)
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 Cap58.75B
Revenue(TTM)90.09B
Net Income(TTM)4.33B
Analysts75.88
Price Target249.33 (0.13%)
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 | 15.22 | ||
| Fwd PE | 13.66 | ||
| P/S | 0.77 | ||
| P/FCF | 15.89 | ||
| P/OCF | 8.43 | ||
| P/B | 2.45 | ||
| P/tB | 3.21 | ||
| EV/EBITDA | 7.83 |
EPS(TTM)16.36
EY6.57%
EPS(NY)18.23
Fwd EY7.32%
FCF(TTM)15.67
FCFY6.29%
OCF(TTM)29.55
OCFY11.87%
SpS324.76
BVpS101.44
TBVpS77.55
PEG (NY)7.17
PEG (5Y)1.09
Graham Number193.23
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.
What is the valuation status of FEDEX CORP (FDX.DE) stock?
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.
Can you provide the financial health for FDX stock?
The financial health rating of FEDEX CORP (FDX.DE) is 5 / 10.
How sustainable is the dividend of FEDEX CORP (FDX.DE) stock?
The dividend rating of FEDEX CORP (FDX.DE) is 4 / 10 and the dividend payout ratio is 31.16%.