Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
8.38B
as of Dec 31, 2024.
We will project this out 5 years with a yearly growth
rate of
-15.3%.
Starting with 8.38B and growing at -15.3%
for 5 years, we estimate Free Cash Flow will be
3.66B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 874.98M.
We will project this out 5 year(s) with a growth rate
of 0.13%.
Estimated Diluted Shares Outstanding: 880.68M.
Step 3: Project Future Stock Price
Using a price ratio of -1.1, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(3.66B ÷ 880.68M) × -1.1 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.09.
Projected over 5 years with a growth rate of
4.69%, dividends add to total shareholder return.
Expected dividends in 5 years:
$6.111664446163524.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $1.11.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.