Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
329.56B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
6.42%.
Starting with 329.56B and growing at 6.42%
for 5 years, we estimate Free Cash Flow will be
449.84B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 47.53B.
We will project this out 5 year(s) with a growth rate
of -0.12%.
Estimated Diluted Shares Outstanding: 47.24B.
Step 3: Project Future Stock Price
Using a price ratio of 0.13, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(449.84B ÷ 47.24B) × 0.13 =
$1
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.12.
Projected over 5 years with a growth rate of
-1.42%, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.5789263071764783.
Step 5: Discount the Projected Stock Price
Projected stock price: $1.
Including dividends, total future value: $1.58.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.
