Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
4.66B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with 4.66B and growing at 0%
for 5 years, we estimate Free Cash Flow will be
4.66B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 3.45B.
We will project this out 5 year(s) with a growth rate
of -3.32%.
Estimated Diluted Shares Outstanding: 2.92B.
Step 3: Project Future Stock Price
Using a price ratio of 1.06, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(4.66B ÷ 2.92B) × 1.06 =
$1
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.01.
Projected over 5 years with a growth rate of
17.85%, dividends add to total shareholder return.
Expected dividends in 5 years:
$15.152700137767681.
Step 5: Discount the Projected Stock Price
Projected stock price: $1.
Including dividends, total future value: $16.15.
Discounted at 10% per
year over 5 years → Fair Value:
$10.
