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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
+1046.2%
$20.63
vs $1.80 price
Levered DCF
$18.13
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-2.6
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-0.34×-0.02×-0.36×-0.47×-3.28×-3.56×-4.03×
P/B0.19×0.13×-2.47×1.58×-3.44×-2.78×-11.56×
P/S32.32×2.69×23.8×58.32×326.44×404.54×731.74×
EV / EBITDA1.37×0.05×-0.46×-0.38×-4.96×-5.15×-5.23×
Gross margin-291.3%-183.8%-0.4%-8.0%-14.7%-36.2%-134.9%
Operating margin-9312.5%-12057.2%-6466.5%-9201.2%-4897.9%-9203.0%-14921.0%
Net margin-9551.9%-15293.8%-6513.4%-11694.4%-8210.5%-9527.3%-14943.1%
Current ratio14.81×0.71×0.4×2.47×0.1×0.01×0.07×
Debt / equity0×0×-1.55×0×-0.35×-0.34×-0.3×
Interest coverage0×-10.3×-8.02×-3.69×-6.2×-28.69×-803.46×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-56.4%-720.9%674.6%-317.6%86.4%65.4%236.2%
Return on invested capital-54.9%-568.3%-1226.0%-249.9%79.2%95.1%338.3%
Return on assets-52.9%-329.3%-199.7%-242.5%-262.0%-358.8%-281.0%
Free cash flow yield-293.6%-4554.1%-209.9%-146.3%-11.9%-10.0%-22.6%
Earnings yield-295.6%-5693.5%-273.7%-200.5%-25.2%-23.6%-20.4%
Enterprise value-$9.6M-$330.8K$1.9M$2.1M$21.2M$22M$20.1M
Net debt / EBITDA1.72×0.07×-0.03×0.27×-0.37×-0.55×-0.1×
Cash conversion cycle (days)-257-1,349-3,601-2,445-5,553-4,567-2,695