Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-12.67M
as of Jul 31, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with -12.67M and growing at 0%
for 5 years, we estimate Free Cash Flow will be
-12.67M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 18.05M.
We will project this out 5 year(s) with a growth rate
of 0.15%.
Estimated Diluted Shares Outstanding: 18.18M.
Step 3: Project Future Stock Price
Using a price ratio of -1156.51, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-12.67M ÷ 18.18M) × -1156.51 =
$806
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.38.
Projected over 5 years with a growth rate of
-12.94%, dividends add to total shareholder return.
Expected dividends in 5 years:
$1.343693629013819.
Step 5: Discount the Projected Stock Price
Projected stock price: $806.
Including dividends, total future value: $807.34.
Discounted at 10% per
year over 5 years → Fair Value:
$501.
