Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
12.16M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
117%.
Starting with 12.16M and growing at 117%
for 5 years, we estimate Free Cash Flow will be
584.99M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 73.14M.
We will project this out 5 year(s) with a growth rate
of 3.67%.
Estimated Diluted Shares Outstanding: 87.58M.
Step 3: Project Future Stock Price
Using a price ratio of -12.7, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(584.99M ÷ 87.58M) × -12.7 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.
Projected over 5 years with a growth rate of
n/a, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.
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.