Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
12.43B
as of Dec 29, 2024.
We will project this out 5 years with a yearly growth
rate of
-17.39%.
Starting with 12.43B and growing at -17.39%
for 5 years, we estimate Free Cash Flow will be
4.78B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 541.44M.
We will project this out 5 year(s) with a growth rate
of -0.34%.
Estimated Diluted Shares Outstanding: 532.3M.
Step 3: Project Future Stock Price
Using a price ratio of -0.11, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(4.78B ÷ 532.3M) × -0.11 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.62.
Projected over 5 years with a growth rate of
12.61%, dividends add to total shareholder return.
Expected dividends in 5 years:
$4.171613747648456.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $3.17.
Discounted at 10% per
year over 5 years → Fair Value:
$1.
