Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
692M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
2.34%.
Starting with 692M and growing at 2.34%
for 5 years, we estimate Free Cash Flow will be
776.84M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 178.55M.
We will project this out 5 year(s) with a growth rate
of -2.01%.
Estimated Diluted Shares Outstanding: 161.31M.
Step 3: Project Future Stock Price
Using a price ratio of -13.69, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(776.84M ÷ 161.31M) × -13.69 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $3.
Projected over 5 years with a growth rate of
-8.27%, dividends add to total shareholder return.
Expected dividends in 5 years:
$12.088425625555491.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: n/a.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.
