Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-385M
as of Jul 5, 2025.
We will project this out 5 years with a yearly growth
rate of
-9.56%.
Starting with -385M and growing at -9.56%
for 5 years, we estimate Free Cash Flow will be
-232.95M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 229.54M.
We will project this out 5 year(s) with a growth rate
of -4.83%.
Estimated Diluted Shares Outstanding: 179.2M.
Step 3: Project Future Stock Price
Using a price ratio of 9.07, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-232.95M ÷ 179.2M) × 9.07 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.2.
Projected over 5 years with a growth rate of
0.46%, dividends add to total shareholder return.
Expected dividends in 5 years:
$11.126936759400373.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: n/a.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.