Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
152.66M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-11.81%.
Starting with 152.66M and growing at -11.81%
for 5 years, we estimate Free Cash Flow will be
81.44M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 66.31M.
We will project this out 5 year(s) with a growth rate
of 32.23%.
Estimated Diluted Shares Outstanding: 268.05M.
Step 3: Project Future Stock Price
Using a price ratio of 3.81, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(81.44M ÷ 268.05M) × 3.81 =
$1
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.82.
Projected over 5 years with a growth rate of
-3.20%, dividends add to total shareholder return.
Expected dividends in 5 years:
$8.389378439637246.
Step 5: Discount the Projected Stock Price
Projected stock price: $1.
Including dividends, total future value: $9.39.
Discounted at 10% per
year over 5 years → Fair Value:
$5.
