Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
176.12M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
16.88%.
Starting with 176.12M and growing at 16.88%
for 5 years, we estimate Free Cash Flow will be
384.15M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 44.52M.
We will project this out 5 year(s) with a growth rate
of -1.94%.
Estimated Diluted Shares Outstanding: 40.37M.
Step 3: Project Future Stock Price
Using a price ratio of -4.93, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(384.15M ÷ 40.37M) × -4.93 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.4.
Projected over 5 years with a growth rate of
26.30%, dividends add to total shareholder return.
Expected dividends in 5 years:
$12.54892189963443.
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.