Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
-12.93M
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
7.84%.
Starting with -12.93M and growing at 7.84%
for 5 years, we estimate Free Cash Flow will be
-18.85M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 63.25M.
We will project this out 5 year(s) with a growth rate
of 0.5%.
Estimated Diluted Shares Outstanding: 64.84M.
Step 3: Project Future Stock Price
Using a price ratio of 0.45, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(-18.85M ÷ 64.84M) × 0.45 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.61.
Projected over 5 years with a growth rate of
n/a, dividends add to total shareholder return.
Expected dividends in 5 years:
$3.05.
Step 5: Discount the Projected Stock Price
Projected stock price: n/a.
Including dividends, total future value: $2.05.
Discounted at 10% per
year over 5 years → Fair Value:
$1.