Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
102.56B
as of Mar 31, 2025.
We will project this out 5 years with a yearly growth
rate of
3.18%.
Starting with 102.56B and growing at 3.18%
for 5 years, we estimate Free Cash Flow will be
119.94B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 327.34M.
We will project this out 5 year(s) with a growth rate
of 38%.
Estimated Diluted Shares Outstanding: 1.64B.
Step 3: Project Future Stock Price
Using a price ratio of 0, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(119.94B ÷ 1.64B) × 0 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.13.
Projected over 5 years with a growth rate of
-30.56%, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.2611786285493613.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $0.26.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.