Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
588.9M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-7.35%.
Starting with 588.9M and growing at -7.35%
for 5 years, we estimate Free Cash Flow will be
402.04M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 64M.
We will project this out 5 year(s) with a growth rate
of -1.43%.
Estimated Diluted Shares Outstanding: 59.55M.
Step 3: Project Future Stock Price
Using a price ratio of -3.71, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(402.04M ÷ 59.55M) × -3.71 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.99.
Projected over 5 years with a growth rate of
4.46%, dividends add to total shareholder return.
Expected dividends in 5 years:
$11.096809601551536.
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.