Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
3.11B
as of Jun 30, 2025.
We will project this out 5 years with a yearly growth
rate of
3.16%.
Starting with 3.11B and growing at 3.16%
for 5 years, we estimate Free Cash Flow will be
3.63B.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 338.82M.
We will project this out 5 year(s) with a growth rate
of -6.75%.
Estimated Diluted Shares Outstanding: 238.9M.
Step 3: Project Future Stock Price
Using a price ratio of -9.83, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(3.63B ÷ 238.9M) × -9.83 =
n/a
Step 4: Project Future Dividends Paid
Forward dividend per share: $1.12.
Projected over 5 years with a growth rate of
4.55%, dividends add to total shareholder return.
Expected dividends in 5 years:
$6.258901543668253.
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.
