Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
5.44B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-2.19%.
Starting with 5.44B and growing at -2.19%
for 5 years, we estimate Free Cash Flow will be
4.87B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 455.35M.
We will project this out 5 year(s) with a growth rate
of -0.02%.
Estimated Diluted Shares Outstanding: 454.9M.
Step 3: Project Future Stock Price
Using a price ratio of -9.14, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(4.87B ÷ 454.9M) × -9.14 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.77.
Projected over 5 years with a growth rate of
21.61%, dividends add to total shareholder return.
Expected dividends in 5 years:
$6.27890555626051.
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.
