Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
1.49B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
20.06%.
Starting with 1.49B and growing at 20.06%
for 5 years, we estimate Free Cash Flow will be
3.71B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 404.12M.
We will project this out 5 year(s) with a growth rate
of -1.45%.
Estimated Diluted Shares Outstanding: 375.66M.
Step 3: Project Future Stock Price
Using a price ratio of -4.37, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(3.71B ÷ 375.66M) × -4.37 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $5.85.
Projected over 5 years with a growth rate of
-0.28%, dividends add to total shareholder return.
Expected dividends in 5 years:
$29.04567977427471.
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.
