Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
1.95B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
34.75%.
Starting with 1.95B and growing at 34.75%
for 5 years, we estimate Free Cash Flow will be
8.68B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 199.38M.
We will project this out 5 year(s) with a growth rate
of -0.34%.
Estimated Diluted Shares Outstanding: 196.02M.
Step 3: Project Future Stock Price
Using a price ratio of -97.54, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(8.68B ÷ 196.02M) × -97.54 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.45.
Projected over 5 years with a growth rate of
22.00%, dividends add to total shareholder return.
Expected dividends in 5 years:
$20.13889628902736.
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.
