Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
323.22M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-26.14%.
Starting with 323.22M and growing at -26.14%
for 5 years, we estimate Free Cash Flow will be
71.05M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 259.97M.
We will project this out 5 year(s) with a growth rate
of 0.47%.
Estimated Diluted Shares Outstanding: 266.13M.
Step 3: Project Future Stock Price
Using a price ratio of 13.32, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(71.05M ÷ 266.13M) × 13.32 =
$3
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.88.
Projected over 5 years with a growth rate of
n/a, dividends add to total shareholder return.
Expected dividends in 5 years:
$4.4.
Step 5: Discount the Projected Stock Price
Projected stock price: $3.
Including dividends, total future value: $7.4.
Discounted at 10% per
year over 5 years → Fair Value:
$4.
