Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-81.5M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with -81.5M and growing at 0%
for 5 years, we estimate Free Cash Flow will be
-81.5M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 105.16M.
We will project this out 5 year(s) with a growth rate
of 16.07%.
Estimated Diluted Shares Outstanding: 221.54M.
Step 3: Project Future Stock Price
Using a price ratio of 6.17, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-81.5M ÷ 221.54M) × 6.17 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.45.
Projected over 5 years with a growth rate of
7.43%, dividends add to total shareholder return.
Expected dividends in 5 years:
$8.672652513590652.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $5.67.
Discounted at 10% per
year over 5 years → Fair Value:
$3.
