Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-17.37M
as of Mar 31, 2025.
We will project this out 5 years with a yearly growth
rate of
-21.29%.
Starting with -17.37M and growing at -21.29%
for 5 years, we estimate Free Cash Flow will be
-5.25M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 103.31M.
We will project this out 5 year(s) with a growth rate
of -0.48%.
Estimated Diluted Shares Outstanding: 100.86M.
Step 3: Project Future Stock Price
Using a price ratio of -34.43, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-5.25M ÷ 100.86M) × -34.43 =
$1
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: $1.
Including dividends, total future value: $1.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.
