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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
-91.6%
$4.35
vs $51.47 price
Levered DCF
$3.20
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
28.42
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-401.43×-73.38×10.01×63.5×23.28×-29.05×-13.58×-7.49×
P/B12.9×2.3×2.97×12.14×4.28×5.14×2.65×2.53×
P/S56.63×4.79×5.01×14.12×4.29×3.55×1.67×1.86×
EV / EBITDA-332.1×-296.57×20.89×59.32×19.04×-31.99×-15.03×-7.46×
Gross margin35.3%40.6%49.1%50.4%46.6%36.3%37.6%36.1%
Operating margin-28.3%-7.3%15.2%20.6%15.3%-25.2%-11.4%-20.3%
Net margin-14.3%-6.6%50.1%22.4%18.6%-12.2%-12.6%-24.9%
Current ratio10.33×5.68×9.31×5.46×5.45×2.12×4.57×3.63×
Debt / equity0.05×0.09×0.06×0.08×0.02×0.42×0.28×0×
Interest coverage0×0×0×0×0×-90.91×0×-16.96×
Dividend yield0.0%0.0%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%0.0%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-3.2%-3.2%29.7%19.3%18.5%-17.7%-19.9%-33.8%
Return on invested capital-3.7%-2.9%8.6%16.2%14.8%-23.4%-14.1%-27.1%
Return on assets-2.9%-2.6%25.9%14.8%15.2%-9.4%-13.6%-24.6%
Free cash flow yield-0.2%-4.4%0.3%0.9%0.5%-5.0%-5.9%-14.8%
Earnings yield-0.3%-1.4%10.0%1.6%4.3%-3.4%-7.5%-13.4%
Enterprise value$2.7B$267.8M$288.7M$893.7M$187.5M$59.1M$35.8M$33.7M
Net debt / EBITDA12.98×15.95×-3.11×-1.58×-3.09×-0.13×0.63×1.2×
Cash conversion cycle (days)518478403260238320246278