Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
295.41B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
9.64%.
Starting with 295.41B and growing at 9.64%
for 5 years, we estimate Free Cash Flow will be
468.02B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 18.11B.
We will project this out 5 year(s) with a growth rate
of 0.31%.
Estimated Diluted Shares Outstanding: 18.39B.
Step 3: Project Future Stock Price
Using a price ratio of 0, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(468.02B ÷ 18.39B) × 0 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.36.
Projected over 5 years with a growth rate of
-19.82%, dividends add to total shareholder return.
Expected dividends in 5 years:
$1.0361857964575956.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $1.04.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.
