Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-56.84M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-8.62%.
Starting with -56.84M and growing at -8.62%
for 5 years, we estimate Free Cash Flow will be
-36.22M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 53.46M.
We will project this out 5 year(s) with a growth rate
of 14.22%.
Estimated Diluted Shares Outstanding: 103.94M.
Step 3: Project Future Stock Price
Using a price ratio of 19.52, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-36.22M ÷ 103.94M) × 19.52 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $5.52.
Projected over 5 years with a growth rate of
-1.44%, dividends add to total shareholder return.
Expected dividends in 5 years:
$26.617105079329125.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $19.62.
Discounted at 10% per
year over 5 years → Fair Value:
$12.
