Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
1,378.2B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
14.91%.
Starting with 1,378.2B and growing at 14.91%
for 5 years, we estimate Free Cash Flow will be
2,761.3B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 1.38B.
We will project this out 5 year(s) with a growth rate
of 0%.
Estimated Diluted Shares Outstanding: 1.38B.
Step 3: Project Future Stock Price
Using a price ratio of 0, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(2,761.3B ÷ 1.38B) × 0 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.44.
Projected over 5 years with a growth rate of
-2.52%, dividends add to total shareholder return.
Expected dividends in 5 years:
$2.0640085030106965.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $2.06.
Discounted at 10% per
year over 5 years → Fair Value:
$1.
