Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-93M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
26.49%.
Starting with -93M and growing at 26.49%
for 5 years, we estimate Free Cash Flow will be
-301.14M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 37.67M.
We will project this out 5 year(s) with a growth rate
of -1.19%.
Estimated Diluted Shares Outstanding: 35.48M.
Step 3: Project Future Stock Price
Using a price ratio of 29.61, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-301.14M ÷ 35.48M) × 29.61 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $3.
Projected over 5 years with a growth rate of
2.38%, dividends add to total shareholder return.
Expected dividends in 5 years:
$15.908494131791121.
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.
