Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
1.05B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-1.45%.
Starting with 1.05B and growing at -1.45%
for 5 years, we estimate Free Cash Flow will be
979.91M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 211.24M.
We will project this out 5 year(s) with a growth rate
of 0.04%.
Estimated Diluted Shares Outstanding: 211.66M.
Step 3: Project Future Stock Price
Using a price ratio of -171.6, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(979.91M ÷ 211.66M) × -171.6 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.55.
Projected over 5 years with a growth rate of
2.33%, dividends add to total shareholder return.
Expected dividends in 5 years:
$2.912997615645266.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: n/a.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.