Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
596.39B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-5.35%.
Starting with 596.39B and growing at -5.35%
for 5 years, we estimate Free Cash Flow will be
453.04B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 47.63B.
We will project this out 5 year(s) with a growth rate
of 58.05%.
Estimated Diluted Shares Outstanding: 469.73B.
Step 3: Project Future Stock Price
Using a price ratio of 0.04, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(453.04B ÷ 469.73B) × 0.04 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.09.
Projected over 5 years with a growth rate of
-23.97%, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.22681668040195477.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $0.23.
Discounted at 10% per
year over 5 years → Fair Value:
n/a.