Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
89.76M
as of Jun 27, 2025.
We will project this out 5 years with a yearly growth
rate of
-37.36%.
Starting with 89.76M and growing at -37.36%
for 5 years, we estimate Free Cash Flow will be
8.66M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 20.73M.
We will project this out 5 year(s) with a growth rate
of 0.26%.
Estimated Diluted Shares Outstanding: 21M.
Step 3: Project Future Stock Price
Using a price ratio of 24.77, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(8.66M ÷ 21M) × 24.77 =
$10
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.69.
Projected over 5 years with a growth rate of
-1.82%, dividends add to total shareholder return.
Expected dividends in 5 years:
$3.2951611943322967.
Step 5: Discount the Projected Stock Price
Projected stock price: $10.
Including dividends, total future value: $13.3.
Discounted at 10% per
year over 5 years → Fair Value:
$8.
