Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
65.36M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with 65.36M and growing at 0%
for 5 years, we estimate Free Cash Flow will be
65.36M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 37.06M.
We will project this out 5 year(s) with a growth rate
of 5.67%.
Estimated Diluted Shares Outstanding: 48.83M.
Step 3: Project Future Stock Price
Using a price ratio of 0.69, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(65.36M ÷ 48.83M) × 0.69 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.27.
Projected over 5 years with a growth rate of
-3.68%, dividends add to total shareholder return.
Expected dividends in 5 years:
$10.334442335601072.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $10.33.
Discounted at 10% per
year over 5 years → Fair Value:
$6.
