Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
4.37M
as of Mar 31, 2025.
We will project this out 5 years with a yearly growth
rate of
-13.95%.
Starting with 4.37M and growing at -13.95%
for 5 years, we estimate Free Cash Flow will be
2.06M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 16.52M.
We will project this out 5 year(s) with a growth rate
of -0.74%.
Estimated Diluted Shares Outstanding: 15.92M.
Step 3: Project Future Stock Price
Using a price ratio of 50.76, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(2.06M ÷ 15.92M) × 50.76 =
$6
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.15.
Projected over 5 years with a growth rate of
-2.09%, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.7114246187507274.
Step 5: Discount the Projected Stock Price
Projected stock price: $6.
Including dividends, total future value: $6.71.
Discounted at 10% per
year over 5 years → Fair Value:
$4.
