Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
1.29B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-8.41%.
Starting with 1.29B and growing at -8.41%
for 5 years, we estimate Free Cash Flow will be
831.44M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 2.26B.
We will project this out 5 year(s) with a growth rate
of 1.05%.
Estimated Diluted Shares Outstanding: 2.38B.
Step 3: Project Future Stock Price
Using a price ratio of -6.82, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(831.44M ÷ 2.38B) × -6.82 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.29.
Projected over 5 years with a growth rate of
0.13%, dividends add to total shareholder return.
Expected dividends in 5 years:
$6.470982942865111.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $3.47.
Discounted at 10% per
year over 5 years → Fair Value:
$2.
