Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
22,283.4B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
7.87%.
Starting with 22,283.4B and growing at 7.87%
for 5 years, we estimate Free Cash Flow will be
32,545.1B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 2.06B.
We will project this out 5 year(s) with a growth rate
of 0%.
Estimated Diluted Shares Outstanding: 2.06B.
Step 3: Project Future Stock Price
Using a price ratio of 0, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(32,545.1B ÷ 2.06B) × 0 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.56.
Projected over 5 years with a growth rate of
11.79%, dividends add to total shareholder return.
Expected dividends in 5 years:
$10.306281326977997.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $10.31.
Discounted at 10% per
year over 5 years → Fair Value:
$6.
