Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
1,322.6B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-7.1%.
Starting with 1,322.6B and growing at -7.1%
for 5 years, we estimate Free Cash Flow will be
915.2B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 23.5B.
We will project this out 5 year(s) with a growth rate
of 0.54%.
Estimated Diluted Shares Outstanding: 24.14B.
Step 3: Project Future Stock Price
Using a price ratio of -0.27, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(915.2B ÷ 24.14B) × -0.27 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.61.
Projected over 5 years with a growth rate of
0.51%, dividends add to total shareholder return.
Expected dividends in 5 years:
$8.153030421925266.
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.
