Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
253.37K
as of Dec 31, 2023.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with 253.37K and growing at 0%
for 5 years, we estimate Free Cash Flow will be
253.37K.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 1.78M.
We will project this out 5 year(s) with a growth rate
of 0.49%.
Estimated Diluted Shares Outstanding: 1.82M.
Step 3: Project Future Stock Price
Using a price ratio of 13.77, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(253.37K ÷ 1.82M) × 13.77 =
$1
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.
Projected over 5 years with a growth rate of
n/a, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.
Step 5: Discount the Projected Stock Price
Projected stock price: $1.
Including dividends, total future value: $1.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.