Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
769M
as of Aug 2, 2025.
We will project this out 5 years with a yearly growth
rate of
23.2%.
Starting with 769M and growing at 23.2%
for 5 years, we estimate Free Cash Flow will be
2.18B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 371.07M.
We will project this out 5 year(s) with a growth rate
of 0.32%.
Estimated Diluted Shares Outstanding: 377.05M.
Step 3: Project Future Stock Price
Using a price ratio of -3.17, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(2.18B ÷ 377.05M) × -3.17 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.8.
Projected over 5 years with a growth rate of
21.61%, dividends add to total shareholder return.
Expected dividends in 5 years:
$6.523538240270659.
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.