Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
8.61B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
3%.
Starting with 8.61B and growing at 3%
for 5 years, we estimate Free Cash Flow will be
9.98B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 2.57B.
We will project this out 5 year(s) with a growth rate
of -3.79%.
Estimated Diluted Shares Outstanding: 2.12B.
Step 3: Project Future Stock Price
Using a price ratio of -20.32, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(9.98B ÷ 2.12B) × -20.32 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.92.
Projected over 5 years with a growth rate of
-5.07%, dividends add to total shareholder return.
Expected dividends in 5 years:
$8.429075332184954.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: n/a.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.
