Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
627.44M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
7.87%.
Starting with 627.44M and growing at 7.87%
for 5 years, we estimate Free Cash Flow will be
916.38M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 60.5M.
We will project this out 5 year(s) with a growth rate
of -1.57%.
Estimated Diluted Shares Outstanding: 55.89M.
Step 3: Project Future Stock Price
Using a price ratio of -2.22, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(916.38M ÷ 55.89M) × -2.22 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $3.2.
Projected over 5 years with a growth rate of
7.39%, dividends add to total shareholder return.
Expected dividends in 5 years:
$19.121835977572445.
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.
