Step 1: Project Free Cash Flow
The most recent Free Cash Flow (TTM) value is
300.77M
as of Jun 27, 2025.
We will project this out 5 years with a yearly growth
rate of
0%.
Starting with 300.77M and growing at 0%
for 5 years, we estimate Free Cash Flow will be
300.77M.
Step 2: Project Future Diluted Shares Outstanding
The most recent Diluted Shares Outstanding value is 131.84M.
We will project this out 5 year(s) with a growth rate
of 0%.
Estimated Diluted Shares Outstanding: 131.84M.
Step 3: Project Future Stock Price
Using a price ratio of 6.83, formula: (Future Free Cash Flow ÷ Future Diluted Shares Outstanding)
× Price Ratio
(300.77M ÷ 131.84M) × 6.83 =
$15
Step 4: Project Future Dividends Paid
Forward dividend per share: $0.18.
Projected over 5 years with a growth rate of
n/a, dividends add to total shareholder return.
Expected dividends in 5 years:
$0.8999999999999999.
Step 5: Discount the Projected Stock Price
Projected stock price: $15.
Including dividends, total future value: $15.9.
Discounted at 10% per
year over 5 years → Fair Value:
$9.
