Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-2.8M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-20.85%.
Starting with -2.8M and growing at -20.85%
for 5 years, we estimate Free Cash Flow will be
-869.79K.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 54.67M.
We will project this out 5 year(s) with a growth rate
of 11.99%.
Estimated Diluted Shares Outstanding: 96.31M.
Step 3: Project Future Stock Price
Using a price ratio of -5.9, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-869.79K ÷ 96.31M) × -5.9 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.4.
Projected over 5 years with a growth rate of
-29.80%, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.825796002063541.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $0.83.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.
