Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
183.72B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-41.22%.
Starting with 183.72B and growing at -41.22%
for 5 years, we estimate Free Cash Flow will be
12.89B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 3.18B.
We will project this out 5 year(s) with a growth rate
of -2.31%.
Estimated Diluted Shares Outstanding: 2.83B.
Step 3: Project Future Stock Price
Using a price ratio of -0.52, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(12.89B ÷ 2.83B) × -0.52 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.58.
Projected over 5 years with a growth rate of
4.07%, dividends add to total shareholder return.
Expected dividends in 5 years:
$8.728527362532846.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $5.73.
Discounted at 10% per
year over 5 years → Fair Value:
$3.
