Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-19.71B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-10.6%.
Starting with -19.71B and growing at -10.6%
for 5 years, we estimate Free Cash Flow will be
-11.26B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 2.16B.
We will project this out 5 year(s) with a growth rate
of 0.63%.
Estimated Diluted Shares Outstanding: 2.23B.
Step 3: Project Future Stock Price
Using a price ratio of 0.62, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-11.26B ÷ 2.23B) × 0.62 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.67.
Projected over 5 years with a growth rate of
21.17%, dividends add to total shareholder return.
Expected dividends in 5 years:
$5.414178585268654.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $1.41.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.
