Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
1.36B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
-7.01%.
Starting with 1.36B and growing at -7.01%
for 5 years, we estimate Free Cash Flow will be
946.32M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 96.42M.
We will project this out 5 year(s) with a growth rate
of -6.38%.
Estimated Diluted Shares Outstanding: 69.34M.
Step 3: Project Future Stock Price
Using a price ratio of -36.89, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(946.32M ÷ 69.34M) × -36.89 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $2.25.
Projected over 5 years with a growth rate of
17.61%, dividends add to total shareholder return.
Expected dividends in 5 years:
$16.87575249967257.
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.
