Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-7.3M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
8.86%.
Starting with -7.3M and growing at 8.86%
for 5 years, we estimate Free Cash Flow will be
-11.16M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 124.91M.
We will project this out 5 year(s) with a growth rate
of -1.05%.
Estimated Diluted Shares Outstanding: 118.49M.
Step 3: Project Future Stock Price
Using a price ratio of -7.66, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-11.16M ÷ 118.49M) × -7.66 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.9.
Projected over 5 years with a growth rate of
-0.68%, dividends add to total shareholder return.
Expected dividends in 5 years:
$14.254755724016466.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $14.25.
Discounted at 10% per
year over 5 years → Fair Value:
$8.
