Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
77.19M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-18.93%.
Starting with 77.19M and growing at -18.93%
for 5 years, we estimate Free Cash Flow will be
27.03M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 22.33M.
We will project this out 5 year(s) with a growth rate
of 8.28%.
Estimated Diluted Shares Outstanding: 33.24M.
Step 3: Project Future Stock Price
Using a price ratio of -8.9, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(27.03M ÷ 33.24M) × -8.9 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.32.
Projected over 5 years with a growth rate of
-2.24%, dividends add to total shareholder return.
Expected dividends in 5 years:
$10.961272422233993.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $2.96.
Discounted at 10% per
year over 5 years → Fair Value:
$1.
