Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-1.04M
as of Mar 31, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with -1.04M and growing at 0%
for 5 years, we estimate Free Cash Flow will be
-1.04M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 28.87M.
We will project this out 5 year(s) with a growth rate
of 3.89%.
Estimated Diluted Shares Outstanding: 34.94M.
Step 3: Project Future Stock Price
Using a price ratio of -960591872.15, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-1.04M ÷ 34.94M) × -960591872.15 =
$28725912
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.31.
Projected over 5 years with a growth rate of
-3.29%, dividends add to total shareholder return.
Expected dividends in 5 years:
$10.623324373178168.
Step 5: Discount the Projected Stock Price
Projected stock price: $28725912.
Including dividends, total future value: $28725922.62.
Discounted at 10% per
year over 5 years → Fair Value:
$17836537.
