Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
433.6M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
17.71%.
Starting with 433.6M and growing at 17.71%
for 5 years, we estimate Free Cash Flow will be
979.85M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 37.32M.
We will project this out 5 year(s) with a growth rate
of -1.33%.
Estimated Diluted Shares Outstanding: 34.9M.
Step 3: Project Future Stock Price
Using a price ratio of -44.65, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(979.85M ÷ 34.9M) × -44.65 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $6.1.
Projected over 5 years with a growth rate of
10.07%, dividends add to total shareholder return.
Expected dividends in 5 years:
$38.76789812392491.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: n/a.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.