Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-1.08B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with -1.08B and growing at 0%
for 5 years, we estimate Free Cash Flow will be
-1.08B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 1.1B.
We will project this out 5 year(s) with a growth rate
of 0.93%.
Estimated Diluted Shares Outstanding: 1.15B.
Step 3: Project Future Stock Price
Using a price ratio of -183.8, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-1.08B ÷ 1.15B) × -183.8 =
$171
Step 4: Project Future Dividends Paid
Forward dividend per share: $3.64.
Projected over 5 years with a growth rate of
-2.83%, dividends add to total shareholder return.
Expected dividends in 5 years:
$16.939551003068143.
Step 5: Discount the Projected Stock Price
Projected stock price: $171.
Including dividends, total future value: $187.94.
Discounted at 10% per
year over 5 years → Fair Value:
$116.
