Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
70.64M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-34.4%.
Starting with 70.64M and growing at -34.4%
for 5 years, we estimate Free Cash Flow will be
8.58M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 17.25M.
We will project this out 5 year(s) with a growth rate
of -2.27%.
Estimated Diluted Shares Outstanding: 15.38M.
Step 3: Project Future Stock Price
Using a price ratio of 4.74, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(8.58M ÷ 15.38M) × 4.74 =
$2
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.8.
Projected over 5 years with a growth rate of
7.78%, dividends add to total shareholder return.
Expected dividends in 5 years:
$4.823979343619084.
Step 5: Discount the Projected Stock Price
Projected stock price: $2.
Including dividends, total future value: $6.82.
Discounted at 10% per
year over 5 years → Fair Value:
$4.
