Charter communications: true value?

So a stock that was brought up on Steve wiseman’s YouTube channel and I’d love to hear more thoughts on it: Charter communications Now probably you’re asking why would I want to buy a business that is loosing customers, is loosing relevancy and is left for dead with a p/e of 6? Well the company is not doing great it actually beat expectations a bit on the latest report loosing fewer broadband customers than last year and fewer than analysts expected. and is growing mobile customers. In addition many analysts think they have stabilized and actually may show slight growth later this year. their forward pe is something insane like 2. however that’s not the real driver here. The thesis is that charter has recently been in the midst of a huge capex spend to upgrade their infrastructure and that is due to come to an end in the next couple years. They spent 12 billion in 2025 and that spend is due to wind down over the next 4 years (11 billion in 26, 9 in 27, 7 billion in 28 and beyond) That means their free cash flow will suddenly jump, not because they are more profitable but just because they are spending less. On top of this the company announced on their recent conference call that they will be using most of the free cash flow to buy back shares. At current prices and with current projections of fcf, they could end up buying back almsot 50% of their outstanding shares over the next 5 years. In 2026 they are anticipated to have fcf/share of 36$ and fcf yield of 14% By 2029 they are projected to have fcf/share of 121$ and fcf yield of 56% I’d love to hear informed thoughts on this. Obviously would be a longer term hold (4-5 years) rather than a quick trade.