Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
162.33M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
10.62%.
Starting with 162.33M and growing at 10.62%
for 5 years, we estimate Free Cash Flow will be
268.89M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 54.55M.
We will project this out 5 year(s) with a growth rate
of 5.18%.
Estimated Diluted Shares Outstanding: 70.23M.
Step 3: Project Future Stock Price
Using a price ratio of -0.68, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(268.89M ÷ 70.23M) × -0.68 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.05.
Projected over 5 years with a growth rate of
-5.59%, dividends add to total shareholder return.
Expected dividends in 5 years:
$8.877053953585232.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $5.88.
Discounted at 10% per
year over 5 years → Fair Value:
$3.
