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Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value
-110.5%
-$0.14
vs $1.33 price
Levered DCF
-$6.66
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
12.92
Safe zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-4.88×-2.79×-1.14×-1.58×-0.87×-24.05×-1.26×-0.54×
P/B2.86×1.84×0.97×0.55×0.59×51.78×-4.51×-1.42×
P/S16.61×30.33×173.05×0×0×0×0×0×
EV / EBITDA-4.48×-3.14×-1.17×-1.72×-0.02×-26.38×-0.57×-0.68×
Gross margin-29.9%-246.5%-862.1%0.0%0.0%0.0%0.0%0.0%
Operating margin-343.6%-979.5%-10921.6%0.0%0.0%0.0%0.0%0.0%
Net margin-337.5%-1090.0%-15284.4%0.0%0.0%0.0%0.0%0.0%
Current ratio9.53×2.16×1.17×0.35×9.79×7.76×0.18×0.01×
Debt / equity0×0.11×0.11×0.1×0.01×0×-0.09×-0.08×
Interest coverage-243.01×-2,161.14×-237.32×-174.46×-1,677,469.05×-12.94×-6.44×-4.21×
Dividend yield0.0%0.0%0.0%0.0%0.4%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%-0.4%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-58.1%-66.2%-85.4%-36.5%-67.6%-214.8%845.3%263.7%
Return on invested capital-59.0%-53.4%-54.9%-33.5%-67.2%-194.0%837.9%239.0%
Return on assets-55.2%-55.4%-67.6%-29.7%-63.4%-196.4%-3595.9%-13620.3%
Free cash flow yield-10.5%-24.2%-49.5%-83.7%-86.5%-1.5%-13.6%-50.6%
Earnings yield-20.3%-35.9%-88.3%-65.9%-114.8%-4.1%-187.6%-186.3%
Enterprise value$311.7M$130.7M$58.9M$37.5M$503.4K$993.7M$21.9M$7.2M
Net debt / EBITDA0.71×-0.01×0.01×-0.18×0.86×0.34×0.01×-0.04×
Cash conversion cycle (days)11733764000000