Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-13.58M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with -13.58M and growing at 0%
for 5 years, we estimate Free Cash Flow will be
-13.58M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 4.96M.
We will project this out 5 year(s) with a growth rate
of -77.79%.
Estimated Diluted Shares Outstanding: 2.68K.
Step 3: Project Future Stock Price
Using a price ratio of -7738.54, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-13.58M ÷ 2.68K) × -7738.54 =
$39191200
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: $39191200.
Including dividends, total future value: $39191200.
Discounted at 10% per
year over 5 years → Fair Value:
$24334651.