Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
1.92B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-4.5%.
Starting with 1.92B and growing at -4.5%
for 5 years, we estimate Free Cash Flow will be
1.53B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 88.83M.
We will project this out 5 year(s) with a growth rate
of 0.19%.
Estimated Diluted Shares Outstanding: 89.68M.
Step 3: Project Future Stock Price
Using a price ratio of -0.97, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(1.53B ÷ 89.68M) × -0.97 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.31.
Projected over 5 years with a growth rate of
3.00%, dividends add to total shareholder return.
Expected dividends in 5 years:
$1.6688786545179821.
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.