Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-4.47M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-20.4%.
Starting with -4.47M and growing at -20.4%
for 5 years, we estimate Free Cash Flow will be
-1.43M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 31.3M.
We will project this out 5 year(s) with a growth rate
of 0.47%.
Estimated Diluted Shares Outstanding: 32.05M.
Step 3: Project Future Stock Price
Using a price ratio of 5.22, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-1.43M ÷ 32.05M) × 5.22 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.36.
Projected over 5 years with a growth rate of
-16.30%, dividends add to total shareholder return.
Expected dividends in 5 years:
$1.1536820886227626.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $0.15.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.