Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
1.16B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
3.24%.
Starting with 1.16B and growing at 3.24%
for 5 years, we estimate Free Cash Flow will be
1.36B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 431.35M.
We will project this out 5 year(s) with a growth rate
of 0.1%.
Estimated Diluted Shares Outstanding: 433.51M.
Step 3: Project Future Stock Price
Using a price ratio of -117.85, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(1.36B ÷ 433.51M) × -117.85 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.1.
Projected over 5 years with a growth rate of
-4.18%, dividends add to total shareholder return.
Expected dividends in 5 years:
$9.436907874488.
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.
