Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
5.16B
as of Dec 31, 2024.
We will project this out 5 years with a yearly growth
rate of
-7.19%.
Starting with 5.16B and growing at -7.19%
for 5 years, we estimate Free Cash Flow will be
3.55B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 19.43B.
We will project this out 5 year(s) with a growth rate
of 0%.
Estimated Diluted Shares Outstanding: 19.43B.
Step 3: Project Future Stock Price
Using a price ratio of 7.95, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(3.55B ÷ 19.43B) × 7.95 =
$1
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.04.
Projected over 5 years with a growth rate of
0.82%, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.2041252494252646.
Step 5: Discount the Projected Stock Price
Projected stock price: $1.
Including dividends, total future value: $1.2.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.