FedEx Pocfratio vs Price To Sales Ratio Analysis

FDX Stock  USD 302.67  0.72  0.24%   
FedEx financial indicator trend analysis is much more than just examining FedEx latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FedEx is a good investment. Please check the relationship between FedEx Pocfratio and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FedEx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.

Pocfratio vs Price To Sales Ratio

Pocfratio vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FedEx Pocfratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between FedEx's Pocfratio and Price To Sales Ratio is 0.43. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of FedEx, assuming nothing else is changed. The correlation between historical values of FedEx's Pocfratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of FedEx are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Pocfratio i.e., FedEx's Pocfratio and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Pocfratio

Price To Sales Ratio

Price to Sales Ratio is figured by comparing FedEx stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on FedEx sales, a figure that is much harder to manipulate than other FedEx multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from FedEx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FedEx current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FedEx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy FedEx Stock please use our How to Invest in FedEx guide.At this time, FedEx's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 89.9 B in 2024, whereas Tax Provision is likely to drop slightly above 964.4 M in 2024.
 2020 2021 2022 2023 (projected)
Gross Profit18.0B20.2B19.2B19.0B
Total Revenue84.0B93.5B90.2B87.7B

FedEx fundamental ratios Correlations

0.970.720.990.930.990.950.950.91.00.480.90.96-0.020.990.690.6-0.860.990.970.9-0.350.80.880.570.69
0.970.60.940.830.981.00.870.840.980.460.840.9-0.230.990.560.52-0.880.990.90.91-0.380.750.910.380.64
0.720.60.750.730.640.580.730.580.70.560.580.820.310.680.820.66-0.660.70.780.38-0.170.760.460.840.87
0.990.940.750.940.970.920.950.90.980.480.90.970.010.960.720.64-0.840.980.980.89-0.310.830.840.60.73
0.930.830.730.940.920.80.990.910.920.410.910.890.250.860.720.58-0.730.890.950.84-0.330.70.760.710.58
0.990.980.640.970.920.960.950.90.990.430.90.91-0.050.980.620.55-0.860.980.940.93-0.360.740.90.510.6
0.951.00.580.920.80.960.850.790.960.480.790.89-0.290.980.530.53-0.90.980.870.9-0.370.740.910.340.64
0.950.870.730.950.990.950.850.870.950.420.870.890.160.90.680.59-0.820.910.930.86-0.340.70.810.670.6
0.90.840.580.90.910.90.790.870.890.281.00.830.170.860.650.38-0.620.870.930.85-0.360.70.710.590.5
1.00.980.70.980.920.990.960.950.890.470.890.94-0.060.990.660.59-0.880.990.960.91-0.350.780.890.540.68
0.480.460.560.480.410.430.480.420.280.470.280.57-0.140.480.560.61-0.470.490.480.29-0.150.630.450.410.69
0.90.840.580.90.910.90.790.871.00.890.280.830.170.860.650.38-0.620.870.930.85-0.360.70.710.590.5
0.960.90.820.970.890.910.890.890.830.940.570.830.040.940.80.68-0.810.950.970.78-0.320.890.810.660.82
-0.02-0.230.310.010.25-0.05-0.290.160.17-0.06-0.140.170.04-0.140.290.060.31-0.110.13-0.190.2-0.06-0.220.62-0.11
0.990.990.680.960.860.980.980.90.860.990.480.860.94-0.140.640.56-0.891.00.940.89-0.360.80.90.480.7
0.690.560.820.720.720.620.530.680.650.660.560.650.80.290.640.71-0.510.660.790.42-0.170.890.460.890.8
0.60.520.660.640.580.550.530.590.380.590.610.380.680.060.560.71-0.490.580.60.460.290.70.510.590.69
-0.86-0.88-0.66-0.84-0.73-0.86-0.9-0.82-0.62-0.88-0.47-0.62-0.810.31-0.89-0.51-0.49-0.88-0.76-0.750.44-0.68-0.79-0.37-0.71
0.990.990.70.980.890.980.980.910.870.990.490.870.95-0.111.00.660.58-0.880.950.89-0.350.810.890.510.71
0.970.90.780.980.950.940.870.930.930.960.480.930.970.130.940.790.6-0.760.950.84-0.340.850.80.690.72
0.90.910.380.890.840.930.90.860.850.910.290.850.78-0.190.890.420.46-0.750.890.84-0.310.60.870.270.4
-0.35-0.38-0.17-0.31-0.33-0.36-0.37-0.34-0.36-0.35-0.15-0.36-0.320.2-0.36-0.170.290.44-0.35-0.34-0.31-0.26-0.35-0.07-0.21
0.80.750.760.830.70.740.740.70.70.780.630.70.89-0.060.80.890.7-0.680.810.850.6-0.260.610.640.9
0.880.910.460.840.760.90.910.810.710.890.450.710.81-0.220.90.460.51-0.790.890.80.87-0.350.610.30.47
0.570.380.840.60.710.510.340.670.590.540.410.590.660.620.480.890.59-0.370.510.690.27-0.070.640.30.62
0.690.640.870.730.580.60.640.60.50.680.690.50.82-0.110.70.80.69-0.710.710.720.4-0.210.90.470.62
Click cells to compare fundamentals

FedEx Account Relationship Matchups

FedEx fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets73.5B82.8B86.0B87.1B87.0B91.4B
Short Long Term Debt Total36.1B36.5B37.2B38.3B37.7B39.6B
Other Current Liab5.1B4.5B4.7B4.5B4.8B5.1B
Total Current Liabilities10.3B13.7B14.3B13.6B13.4B14.0B
Total Stockholder Equity18.3B24.2B24.9B26.1B27.6B29.0B
Property Plant And Equipment Net47.5B51.1B54.7B58.0B58.6B61.5B
Net Debt31.2B29.4B30.3B31.5B31.2B32.8B
Retained Earnings25.2B29.8B32.8B35.3B38.6B40.6B
Cash4.9B7.1B6.9B6.8B6.5B6.8B
Non Current Assets Total57.2B62.2B65.6B68.5B68.8B72.2B
Non Currrent Assets Other3.3B4.1B288M4.1B2.5B1.2B
Cash And Short Term Investments4.9B7.1B6.9B6.8B6.5B6.8B
Net Receivables10.1B12.1B11.9B10.2B10.1B10.6B
Common Stock Shares Outstanding262M268M266M256M251M297.3M
Liabilities And Stockholders Equity73.5B82.8B86.0B87.1B87.0B91.4B
Non Current Liabilities Total44.9B44.9B46.8B47.5B46.1B48.4B
Inventory572M587M637M604M614M370.4M
Other Current Assets828M837M968M962M1.0B573.8M
Other Stockholder Equity(5.8B)(4.9B)(6.8B)(7.9B)(9.7B)(9.3B)
Total Liab55.2B58.6B61.1B61.0B59.4B62.4B
Total Current Assets16.4B20.6B20.4B18.6B18.2B19.1B
Short Term Debt2.0B4.7B5B4.9B5.0B5.2B
Intangible Assets322M352M301M234M181M172.0M
Accounts Payable3.3B3.8B4.0B3.8B3.2B2.0B
Good Will6.4B7.0B6.5B6.4B6.4B4.0B
Property Plant And Equipment Gross47.5B51.1B75.3B80.6B101.5B106.6B
Accumulated Other Comprehensive Income(1.1B)(732M)(1.1B)(1.3B)(1.4B)(1.4B)
Other Liab10.8B10.8B12.1B11.7B13.4B14.1B
Other Assets2.9B4.1B4.4B3.8B4.4B4.6B
Long Term Debt21.5B20.7B20.2B20.5B20.1B21.1B
Treasury Stock(9.2B)(8.4B)(10.5B)(11.6B)(10.5B)(10.0B)
Property Plant Equipment33.6B51.1B54.7B40.7B46.8B49.1B
Net Tangible Assets26.2B17.2B18.4B19.7B22.6B17.3B
Retained Earnings Total Equity25.2B29.8B32.8B35.3B40.5B24.7B
Long Term Debt Total22.0B20.7B20.2B20.5B23.5B12.8B
Capital Surpluse3.4B3.5B3.7B3.8B4.3B3.3B

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Additional Tools for FedEx Stock Analysis

When running FedEx's price analysis, check to measure FedEx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FedEx is operating at the current time. Most of FedEx's value examination focuses on studying past and present price action to predict the probability of FedEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx's price. Additionally, you may evaluate how the addition of FedEx to your portfolios can decrease your overall portfolio volatility.