Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-309.9M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-41.52%.
Starting with -309.9M and growing at -41.52%
for 5 years, we estimate Free Cash Flow will be
-21.2M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 196.31M.
We will project this out 5 year(s) with a growth rate
of 0%.
Estimated Diluted Shares Outstanding: 196.31M.
Step 3: Project Future Stock Price
Using a price ratio of 9.8, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-21.2M ÷ 196.31M) × 9.8 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.7.
Projected over 5 years with a growth rate of
8.45%, dividends add to total shareholder return.
Expected dividends in 5 years:
$16.53513173855061.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $14.54.
Discounted at 10% per
year over 5 years → Fair Value:
$9.
