Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
4.49B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
8.05%.
Starting with 4.49B and growing at 8.05%
for 5 years, we estimate Free Cash Flow will be
6.61B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 509.04M.
We will project this out 5 year(s) with a growth rate
of -7.06%.
Estimated Diluted Shares Outstanding: 353M.
Step 3: Project Future Stock Price
Using a price ratio of -1.6, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(6.61B ÷ 353M) × -1.6 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.41.
Projected over 5 years with a growth rate of
18.27%, dividends add to total shareholder return.
Expected dividends in 5 years:
$18.330467398456854.
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.
