Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-1.19B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with -1.19B and growing at 0%
for 5 years, we estimate Free Cash Flow will be
-1.19B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 326.21M.
We will project this out 5 year(s) with a growth rate
of 8.74%.
Estimated Diluted Shares Outstanding: 495.95M.
Step 3: Project Future Stock Price
Using a price ratio of -0.07, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-1.19B ÷ 495.95M) × -0.07 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $3.
Projected over 5 years with a growth rate of
20.81%, dividends add to total shareholder return.
Expected dividends in 5 years:
$24.062927905140565.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $24.06.
Discounted at 10% per
year over 5 years → Fair Value:
$14.
