Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
480.7M
as of Jul 31, 2025.
We will project this out 5 years with a yearly growth
rate of
6.89%.
Starting with 480.7M and growing at 6.89%
for 5 years, we estimate Free Cash Flow will be
670.75M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 73.02M.
We will project this out 5 year(s) with a growth rate
of -4.67%.
Estimated Diluted Shares Outstanding: 57.49M.
Step 3: Project Future Stock Price
Using a price ratio of -25.56, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(670.75M ÷ 57.49M) × -25.56 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.61.
Projected over 5 years with a growth rate of
40.06%, dividends add to total shareholder return.
Expected dividends in 5 years:
$7.0808459229958896.
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.