Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
14.93M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with 14.93M and growing at 0%
for 5 years, we estimate Free Cash Flow will be
14.93M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 35.38M.
We will project this out 5 year(s) with a growth rate
of 5.9%.
Estimated Diluted Shares Outstanding: 47.12M.
Step 3: Project Future Stock Price
Using a price ratio of -9.83, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(14.93M ÷ 47.12M) × -9.83 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.83.
Projected over 5 years with a growth rate of
4.41%, dividends add to total shareholder return.
Expected dividends in 5 years:
$15.762012923940684.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $11.76.
Discounted at 10% per
year over 5 years → Fair Value:
$7.
