Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
279M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-2.59%.
Starting with 279M and growing at -2.59%
for 5 years, we estimate Free Cash Flow will be
244.69M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 928.59M.
We will project this out 5 year(s) with a growth rate
of -0.82%.
Estimated Diluted Shares Outstanding: 891.14M.
Step 3: Project Future Stock Price
Using a price ratio of -1.56, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(244.69M ÷ 891.14M) × -1.56 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.89.
Projected over 5 years with a growth rate of
-1.33%, dividends add to total shareholder return.
Expected dividends in 5 years:
$4.303510148840754.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $3.3.
Discounted at 10% per
year over 5 years → Fair Value:
$2.
