Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
322.55M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-38.44%.
Starting with 322.55M and growing at -38.44%
for 5 years, we estimate Free Cash Flow will be
28.52M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 88.09M.
We will project this out 5 year(s) with a growth rate
of 11.35%.
Estimated Diluted Shares Outstanding: 150.78M.
Step 3: Project Future Stock Price
Using a price ratio of 9.43, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(28.52M ÷ 150.78M) × 9.43 =
$1
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.39.
Projected over 5 years with a growth rate of
1.21%, dividends add to total shareholder return.
Expected dividends in 5 years:
$12.314774604765546.
Step 5: Discount the Projected Stock Price
Projected stock price: $1.
Including dividends, total future value: $13.31.
Discounted at 10% per
year over 5 years → Fair Value:
$8.
