Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-441.55M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with -441.55M and growing at 0%
for 5 years, we estimate Free Cash Flow will be
-441.55M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 97.71M.
We will project this out 5 year(s) with a growth rate
of 7.94%.
Estimated Diluted Shares Outstanding: 143.17M.
Step 3: Project Future Stock Price
Using a price ratio of 10.54, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-441.55M ÷ 143.17M) × 10.54 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.
Projected over 5 years with a growth rate of
n/a, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.
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.