Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-932M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
57.49%.
Starting with -932M and growing at 57.49%
for 5 years, we estimate Free Cash Flow will be
-9.03B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 481.3M.
We will project this out 5 year(s) with a growth rate
of -1.46%.
Estimated Diluted Shares Outstanding: 447.18M.
Step 3: Project Future Stock Price
Using a price ratio of 32.61, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-9.03B ÷ 447.18M) × 32.61 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.36.
Projected over 5 years with a growth rate of
12.46%, dividends add to total shareholder return.
Expected dividends in 5 years:
$2.4141691897106012.
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.