Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-11.66B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-33.57%.
Starting with -11.66B and growing at -33.57%
for 5 years, we estimate Free Cash Flow will be
-1.51B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 6.95B.
We will project this out 5 year(s) with a growth rate
of 0.18%.
Estimated Diluted Shares Outstanding: 7.01B.
Step 3: Project Future Stock Price
Using a price ratio of 3.5, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-1.51B ÷ 7.01B) × 3.5 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.62.
Projected over 5 years with a growth rate of
6.30%, dividends add to total shareholder return.
Expected dividends in 5 years:
$3.611560173081881.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $2.61.
Discounted at 10% per
year over 5 years → Fair Value:
$1.
