Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
18.25M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
50.45%.
Starting with 18.25M and growing at 50.45%
for 5 years, we estimate Free Cash Flow will be
140.68M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 42.96M.
We will project this out 5 year(s) with a growth rate
of 0.89%.
Estimated Diluted Shares Outstanding: 44.91M.
Step 3: Project Future Stock Price
Using a price ratio of -1.3, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(140.68M ÷ 44.91M) × -1.3 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.34.
Projected over 5 years with a growth rate of
20.62%, dividends add to total shareholder return.
Expected dividends in 5 years:
$10.705898288265097.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $5.71.
Discounted at 10% per
year over 5 years → Fair Value:
$3.
