Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
38.14M
as of Mar 31, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with 38.14M and growing at 0%
for 5 years, we estimate Free Cash Flow will be
38.14M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 12.73M.
We will project this out 5 year(s) with a growth rate
of 1.75%.
Estimated Diluted Shares Outstanding: 13.88M.
Step 3: Project Future Stock Price
Using a price ratio of 0.41, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(38.14M ÷ 13.88M) × 0.41 =
$1
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.85.
Projected over 5 years with a growth rate of
7.21%, dividends add to total shareholder return.
Expected dividends in 5 years:
$5.0579807259647405.
Step 5: Discount the Projected Stock Price
Projected stock price: $1.
Including dividends, total future value: $6.06.
Discounted at 10% per
year over 5 years → Fair Value:
$3.
