Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
88K
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
23.58%.
Starting with 88K and growing at 23.58%
for 5 years, we estimate Free Cash Flow will be
253.64K.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 101.21M.
We will project this out 5 year(s) with a growth rate
of 17.14%.
Estimated Diluted Shares Outstanding: 223.23M.
Step 3: Project Future Stock Price
Using a price ratio of 5590.28, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(253.64K ÷ 223.23M) × 5590.28 =
$6
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.76.
Projected over 5 years with a growth rate of
-2.22%, dividends add to total shareholder return.
Expected dividends in 5 years:
$13.04680491991675.
Step 5: Discount the Projected Stock Price
Projected stock price: $6.
Including dividends, total future value: $19.05.
Discounted at 10% per
year over 5 years → Fair Value:
$11.