Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
286.63M
as of Dec 31, 2024.
We will project this out 5 years with a yearly growth
rate of
64.29%.
Starting with 286.63M and growing at 64.29%
for 5 years, we estimate Free Cash Flow will be
3.43B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 55.43M.
We will project this out 5 year(s) with a growth rate
of 0%.
Estimated Diluted Shares Outstanding: 55.43M.
Step 3: Project Future Stock Price
Using a price ratio of 2.57, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(3.43B ÷ 55.43M) × 2.57 =
$159
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.
Projected over 5 years with a growth rate of
n/a, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.
Step 5: Discount the Projected Stock Price
Projected stock price: $159.
Including dividends, total future value: $159.
Discounted at 10% per
year over 5 years → Fair Value:
$98.
