Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
3.59B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
23.62%.
Starting with 3.59B and growing at 23.62%
for 5 years, we estimate Free Cash Flow will be
10.36B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 271.63M.
We will project this out 5 year(s) with a growth rate
of 5.85%.
Estimated Diluted Shares Outstanding: 360.93M.
Step 3: Project Future Stock Price
Using a price ratio of -1.36, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(10.36B ÷ 360.93M) × -1.36 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $3.05.
Projected over 5 years with a growth rate of
1.84%, dividends add to total shareholder return.
Expected dividends in 5 years:
$15.961210319572844.
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.
