Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-659.26M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with -659.26M and growing at 0%
for 5 years, we estimate Free Cash Flow will be
-659.26M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 62.26M.
We will project this out 5 year(s) with a growth rate
of 0.69%.
Estimated Diluted Shares Outstanding: 64.43M.
Step 3: Project Future Stock Price
Using a price ratio of 1.94, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-659.26M ÷ 64.43M) × 1.94 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.75.
Projected over 5 years with a growth rate of
n/a, dividends add to total shareholder return.
Expected dividends in 5 years:
$3.75.
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.