Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
538.2B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-27.27%.
Starting with 538.2B and growing at -27.27%
for 5 years, we estimate Free Cash Flow will be
109.52B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 82.74B.
We will project this out 5 year(s) with a growth rate
of -2%.
Estimated Diluted Shares Outstanding: 74.79B.
Step 3: Project Future Stock Price
Using a price ratio of 0, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(109.52B ÷ 74.79B) × 0 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.05.
Projected over 5 years with a growth rate of
-14.37%, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.1696308618887657.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $0.17.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.