FedEx Valuation

Is FDX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FDX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$141.11
Fair Value
116.1% overvalued intrinsic discount
29
Number of Analysts

Below Fair Value: FDX ($305) is trading above our estimate of fair value ($141.11)

Significantly Below Fair Value: FDX is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for FDX?

Key metric: As FDX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FDX. This is calculated by dividing FDX's market cap by their current earnings.
What is FDX's PE Ratio?
PE Ratio17.1x
EarningsUS$3.88b
Market CapUS$66.26b

Price to Earnings Ratio vs Peers

How does FDX's PE Ratio compare to its peers?

The above table shows the PE ratio for FDX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21x
DHL Deutsche Post
12.9x8.1%€41.6b
DSV DSV
31.4x19.5%DKK 339.0b
UPS United Parcel Service
19.5x12.0%US$110.7b
002352 S.F. Holding
20.2x12.2%CN¥194.9b
FDX FedEx
17.1x12.8%US$66.3b

Price-To-Earnings vs Peers: FDX is good value based on its Price-To-Earnings Ratio (17.1x) compared to the peer average (21x).


Price to Earnings Ratio vs Industry

How does FDX's PE Ratio compare vs other companies in the Global Logistics Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FDX 17.1xIndustry Avg. 16.4xNo. of Companies31PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FDX is expensive based on its Price-To-Earnings Ratio (17.1x) compared to the Global Logistics industry average (16.4x).


Price to Earnings Ratio vs Fair Ratio

What is FDX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FDX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate FDX's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FDX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$305.00
US$323.66
+6.1%
12.7%US$372.00US$200.00n/a29
Jan ’26US$305.00
US$324.08
+6.3%
12.4%US$370.00US$200.00n/a28
Dec ’25US$305.00
US$310.12
+1.7%
10.7%US$365.00US$200.00n/a29
Nov ’25US$273.60
US$307.91
+12.5%
10.4%US$350.00US$200.00n/a29
Oct ’25US$308.40
US$308.33
-0.02%
10.6%US$351.00US$200.00n/a29
Sep ’25US$308.40
US$322.02
+4.4%
10.3%US$360.00US$215.00n/a29
Aug ’25US$308.40
US$320.77
+4.0%
10.3%US$359.00US$215.00n/a28
Jul ’25US$300.00
US$317.55
+5.8%
10.4%US$359.00US$215.00n/a28
Jun ’25US$255.15
US$309.87
+21.4%
10.2%US$351.00US$210.00n/a28
May ’25US$266.00
US$310.21
+16.6%
9.9%US$351.00US$210.00n/a30
Apr ’25US$282.50
US$308.70
+9.3%
10.1%US$351.00US$210.00n/a29
Mar ’25US$242.00
US$293.84
+21.4%
10.5%US$347.00US$195.00n/a30
Feb ’25US$249.00
US$295.33
+18.6%
10.0%US$347.00US$205.00n/a31
Jan ’25US$248.88
US$294.07
+18.2%
10.1%US$360.00US$205.00US$305.0031
Dec ’24US$255.62
US$291.90
+14.2%
11.0%US$370.00US$205.00US$305.0030
Nov ’24US$252.80
US$290.47
+14.9%
10.6%US$370.00US$205.00US$273.6030
Oct ’24US$267.45
US$283.37
+6.0%
11.1%US$330.00US$205.00US$308.4030
Sep ’24US$268.00
US$263.37
-1.7%
10.9%US$312.00US$186.00US$308.4030
Aug ’24US$268.00
US$260.03
-3.0%
10.2%US$294.00US$186.00US$308.4030
Jul ’24US$226.11
US$255.27
+12.9%
10.7%US$290.00US$186.00US$300.0030
Jun ’24US$226.11
US$253.34
+12.0%
11.4%US$295.00US$180.00US$255.1529
May ’24US$227.35
US$251.96
+10.8%
11.7%US$305.00US$180.00US$266.0028
Apr ’24US$226.00
US$241.33
+6.8%
13.8%US$305.00US$145.00US$282.5027
Mar ’24US$210.68
US$202.54
-3.9%
15.1%US$257.00US$145.00US$242.0026
Feb ’24US$174.50
US$196.42
+12.6%
13.1%US$240.00US$145.00US$249.0026
Jan ’24US$174.50
US$194.74
+11.6%
14.1%US$258.00US$130.00US$248.8827
Analyst Price Target
Consensus Narrative from 29 Analysts
US$358.84
Fair Value
15.0% undervalued intrinsic discount
29
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 12:13
End of Day Share Price 2025/01/20 00:00
Earnings2024/11/30
Annual Earnings2024/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FedEx Corporation is covered by 56 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Will ChienAccountability Research Corporation
John EadeArgus Research Company
Benjamin HartfordBaird