Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-89.78B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-10.85%.
Starting with -89.78B and growing at -10.85%
for 5 years, we estimate Free Cash Flow will be
-50.55B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 381.77M.
We will project this out 5 year(s) with a growth rate
of 0%.
Estimated Diluted Shares Outstanding: 381.77M.
Step 3: Project Future Stock Price
Using a price ratio of -0.05, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-50.55B ÷ 381.77M) × -0.05 =
$6
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.28.
Projected over 5 years with a growth rate of
10.95%, dividends add to total shareholder return.
Expected dividends in 5 years:
$8.298474052815799.
Step 5: Discount the Projected Stock Price
Projected stock price: $6.
Including dividends, total future value: $14.3.
Discounted at 10% per
year over 5 years → Fair Value:
$8.
