Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
6.79B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
30.37%.
Starting with 6.79B and growing at 30.37%
for 5 years, we estimate Free Cash Flow will be
25.58B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 307.64M.
We will project this out 5 year(s) with a growth rate
of 1.5%.
Estimated Diluted Shares Outstanding: 331.41M.
Step 3: Project Future Stock Price
Using a price ratio of -10.53, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(25.58B ÷ 331.41M) × -10.53 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.78.
Projected over 5 years with a growth rate of
26.68%, dividends add to total shareholder return.
Expected dividends in 5 years:
$16.075339118887985.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: n/a.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.
