Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
181.43B
as of Mar 31, 2025.
We will project this out 5 years with a yearly growth
rate of
4.59%.
Starting with 181.43B and growing at 4.59%
for 5 years, we estimate Free Cash Flow will be
227.07B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 184.75M.
We will project this out 5 year(s) with a growth rate
of 14.87%.
Estimated Diluted Shares Outstanding: 369.51M.
Step 3: Project Future Stock Price
Using a price ratio of -0.26, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(227.07B ÷ 369.51M) × -0.26 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.63.
Projected over 5 years with a growth rate of
-18.92%, dividends add to total shareholder return.
Expected dividends in 5 years:
$1.8646396025599308.
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.