Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-50.2M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-34.68%.
Starting with -50.2M and growing at -34.68%
for 5 years, we estimate Free Cash Flow will be
-5.97M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 899.36M.
We will project this out 5 year(s) with a growth rate
of -1.14%.
Estimated Diluted Shares Outstanding: 849.25M.
Step 3: Project Future Stock Price
Using a price ratio of -843.66, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-5.97M ÷ 849.25M) × -843.66 =
$5
Step 4: Project Future Dividends Paid
Forward dividend per share: $7.1.
Projected over 5 years with a growth rate of
8.74%, dividends add to total shareholder return.
Expected dividends in 5 years:
$43.77253258807998.
Step 5: Discount the Projected Stock Price
Projected stock price: $5.
Including dividends, total future value: $48.77.
Discounted at 10% per
year over 5 years → Fair Value:
$30.
