Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
104.32M
as of Jun 28, 2025.
We will project this out 5 years with a yearly growth
rate of
-12.01%.
Starting with 104.32M and growing at -12.01%
for 5 years, we estimate Free Cash Flow will be
55.02M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 65.47M.
We will project this out 5 year(s) with a growth rate
of 0.78%.
Estimated Diluted Shares Outstanding: 68.07M.
Step 3: Project Future Stock Price
Using a price ratio of 7.5, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(55.02M ÷ 68.07M) × 7.5 =
$6
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.62.
Projected over 5 years with a growth rate of
-11.54%, dividends add to total shareholder return.
Expected dividends in 5 years:
$5.96145618638244.
Step 5: Discount the Projected Stock Price
Projected stock price: $6.
Including dividends, total future value: $11.96.
Discounted at 10% per
year over 5 years → Fair Value:
$7.
