Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
2.05B
as of Jul 31, 2025.
We will project this out 5 years with a yearly growth
rate of
17.17%.
Starting with 2.05B and growing at 17.17%
for 5 years, we estimate Free Cash Flow will be
4.54B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 424.07M.
We will project this out 5 year(s) with a growth rate
of -0.94%.
Estimated Diluted Shares Outstanding: 404.51M.
Step 3: Project Future Stock Price
Using a price ratio of -32.13, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(4.54B ÷ 404.51M) × -32.13 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.97.
Projected over 5 years with a growth rate of
15.15%, dividends add to total shareholder return.
Expected dividends in 5 years:
$14.01509630109235.
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.
