Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
3.06M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-8.66%.
Starting with 3.06M and growing at -8.66%
for 5 years, we estimate Free Cash Flow will be
1.95M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 6.12M.
We will project this out 5 year(s) with a growth rate
of 6.42%.
Estimated Diluted Shares Outstanding: 8.36M.
Step 3: Project Future Stock Price
Using a price ratio of 7.88, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(1.95M ÷ 8.36M) × 7.88 =
$1
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.5.
Projected over 5 years with a growth rate of
10.76%, dividends add to total shareholder return.
Expected dividends in 5 years:
$3.2277313197354185.
Step 5: Discount the Projected Stock Price
Projected stock price: $1.
Including dividends, total future value: $4.23.
Discounted at 10% per
year over 5 years → Fair Value:
$2.
