Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
2.33B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-3.8%.
Starting with 2.33B and growing at -3.8%
for 5 years, we estimate Free Cash Flow will be
1.92B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 652.95M.
We will project this out 5 year(s) with a growth rate
of -0.15%.
Estimated Diluted Shares Outstanding: 648.07M.
Step 3: Project Future Stock Price
Using a price ratio of -485.77, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(1.92B ÷ 648.07M) × -485.77 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.64.
Projected over 5 years with a growth rate of
-13.17%, dividends add to total shareholder return.
Expected dividends in 5 years:
$2.2481458392016225.
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.
