Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-8.52M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-22.99%.
Starting with -8.52M and growing at -22.99%
for 5 years, we estimate Free Cash Flow will be
-2.31M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 2.73M.
We will project this out 5 year(s) with a growth rate
of -4.31%.
Estimated Diluted Shares Outstanding: 2.19M.
Step 3: Project Future Stock Price
Using a price ratio of 12.27, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-2.31M ÷ 2.19M) × 12.27 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $7.5.
Projected over 5 years with a growth rate of
-17.81%, dividends add to total shareholder return.
Expected dividends in 5 years:
$22.96564878486846.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $9.97.
Discounted at 10% per
year over 5 years → Fair Value:
$6.
