Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
277.7B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with 277.7B and growing at 0%
for 5 years, we estimate Free Cash Flow will be
277.7B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 482.32M.
We will project this out 5 year(s) with a growth rate
of 73.89%.
Estimated Diluted Shares Outstanding: 7.67B.
Step 3: Project Future Stock Price
Using a price ratio of 0, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(277.7B ÷ 7.67B) × 0 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.11.
Projected over 5 years with a growth rate of
-28.90%, dividends add to total shareholder return.
Expected dividends in 5 years:
$2.365739847180673.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $2.37.
Discounted at 10% per
year over 5 years → Fair Value:
$1.
