Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
1.78B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
3.07%.
Starting with 1.78B and growing at 3.07%
for 5 years, we estimate Free Cash Flow will be
2.07B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 1.71B.
We will project this out 5 year(s) with a growth rate
of 102.34%.
Estimated Diluted Shares Outstanding: 57.86B.
Step 3: Project Future Stock Price
Using a price ratio of 17.81, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(2.07B ÷ 57.86B) × 17.81 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.55.
Projected over 5 years with a growth rate of
2.46%, dividends add to total shareholder return.
Expected dividends in 5 years:
$2.922258110658122.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $2.92.
Discounted at 10% per
year over 5 years → Fair Value:
$1.
