Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-712.96M
as of Aug 31, 2025.
We will project this out 5 years with a yearly growth
rate of
9.84%.
Starting with -712.96M and growing at 9.84%
for 5 years, we estimate Free Cash Flow will be
-1.14B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 255.6M.
We will project this out 5 year(s) with a growth rate
of -3.1%.
Estimated Diluted Shares Outstanding: 218.36M.
Step 3: Project Future Stock Price
Using a price ratio of 14.14, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-1.14B ÷ 218.36M) × 14.14 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.
Projected over 5 years with a growth rate of
27.01%, dividends add to total shareholder return.
Expected dividends in 5 years:
$18.18003814286271.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: n/a.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.
