Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
53.42M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
28.66%.
Starting with 53.42M and growing at 28.66%
for 5 years, we estimate Free Cash Flow will be
188.33M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 8.09M.
We will project this out 5 year(s) with a growth rate
of -1.64%.
Estimated Diluted Shares Outstanding: 7.45M.
Step 3: Project Future Stock Price
Using a price ratio of 283, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(188.33M ÷ 7.45M) × 283 =
$7152
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.04.
Projected over 5 years with a growth rate of
-5.59%, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.17321080885044357.
Step 5: Discount the Projected Stock Price
Projected stock price: $7152.
Including dividends, total future value: $7152.17.
Discounted at 10% per
year over 5 years → Fair Value:
$4440.
