Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-20.83M
as of Mar 31, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with -20.83M and growing at 0%
for 5 years, we estimate Free Cash Flow will be
-20.83M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 37.91M.
We will project this out 5 year(s) with a growth rate
of 0%.
Estimated Diluted Shares Outstanding: 37.91M.
Step 3: Project Future Stock Price
Using a price ratio of -23530.76, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-20.83M ÷ 37.91M) × -23530.76 =
$12932
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.
Projected over 5 years with a growth rate of
n/a, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.
Step 5: Discount the Projected Stock Price
Projected stock price: $12932.
Including dividends, total future value: $12932.
Discounted at 10% per
year over 5 years → Fair Value:
$8029.