Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
1.39B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
9.13%.
Starting with 1.39B and growing at 9.13%
for 5 years, we estimate Free Cash Flow will be
2.16B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 193.43M.
We will project this out 5 year(s) with a growth rate
of -4.29%.
Estimated Diluted Shares Outstanding: 155.35M.
Step 3: Project Future Stock Price
Using a price ratio of -40.34, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(2.16B ÷ 155.35M) × -40.34 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.13.
Projected over 5 years with a growth rate of
1.92%, dividends add to total shareholder return.
Expected dividends in 5 years:
$11.16858477988443.
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.
