Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
5.79B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-17.17%.
Starting with 5.79B and growing at -17.17%
for 5 years, we estimate Free Cash Flow will be
2.26B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 1.3B.
We will project this out 5 year(s) with a growth rate
of 5.03%.
Estimated Diluted Shares Outstanding: 1.67B.
Step 3: Project Future Stock Price
Using a price ratio of 0.16, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(2.26B ÷ 1.67B) × 0.16 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.29.
Projected over 5 years with a growth rate of
18.24%, dividends add to total shareholder return.
Expected dividends in 5 years:
$9.80552310275032.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $9.81.
Discounted at 10% per
year over 5 years → Fair Value:
$6.
