Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-711K
as of Mar 31, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with -711K and growing at 0%
for 5 years, we estimate Free Cash Flow will be
-711K.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 12.96M.
We will project this out 5 year(s) with a growth rate
of -2.45%.
Estimated Diluted Shares Outstanding: 11.45M.
Step 3: Project Future Stock Price
Using a price ratio of -66.35, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-711K ÷ 11.45M) × -66.35 =
$4
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.1.
Projected over 5 years with a growth rate of
24.57%, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.8659716321531419.
Step 5: Discount the Projected Stock Price
Projected stock price: $4.
Including dividends, total future value: $4.87.
Discounted at 10% per
year over 5 years → Fair Value:
$3.
