Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
83.68M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-35.4%.
Starting with 83.68M and growing at -35.4%
for 5 years, we estimate Free Cash Flow will be
9.41M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 138.94M.
We will project this out 5 year(s) with a growth rate
of -4.5%.
Estimated Diluted Shares Outstanding: 110.37M.
Step 3: Project Future Stock Price
Using a price ratio of 14.37, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(9.41M ÷ 110.37M) × 14.37 =
$1
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.25.
Projected over 5 years with a growth rate of
-12.35%, dividends add to total shareholder return.
Expected dividends in 5 years:
$4.495311780742687.
Step 5: Discount the Projected Stock Price
Projected stock price: $1.
Including dividends, total future value: $5.5.
Discounted at 10% per
year over 5 years → Fair Value:
$3.
