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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
+21.8%
$6.44
vs $5.29 price
Levered DCF
$6.96
After debt service
Piotroski score
1 / 9
Weak
Altman Z-score
-40.86
Distress zone
Rating
B-
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-1.03×-1.67×-1.78×-3.27×-10.34×-15.56×0×0×
P/B1.51×4.36×3.72×2.54×6.14×12.92×0×0×
P/S0×0×0×66.61×357.35×184.8×0×0×
EV / EBITDA-0.39×-1.34×-1.43×-2.11×-8.62×-14.26×1.6×0.48×
Gross margin0.0%0.0%0.0%100.0%100.0%100.0%100.0%-1242674.4%
Operating margin0.0%0.0%0.0%-2072.0%-3542.5%-1197.3%-912.0%-2612.5%
Net margin0.0%0.0%0.0%-2094.9%-3540.9%-1196.6%-980.3%-2697.9%
Current ratio3.85×3.13×3.4×10.03×9.95×7.53×9.4×2.21×
Debt / equity0.07×0.13×0.16×0.08×0.04×0×0.01×0.4×
Interest coverage-507.49×-924.06×0×0×0×-4,994.62×-109.34×-27.21×
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-146.4%-261.3%-211.7%-79.9%-60.8%-83.6%-67.7%-255.5%
Return on invested capital-139.6%-161.8%-188.4%-73.1%-58.8%-84.5%-63.0%-183.2%
Return on assets-112.9%-181.9%-148.0%-68.7%-53.6%-73.9%-61.4%-150.3%
Free cash flow yield-95.0%-34.2%-48.4%-29.9%-9.6%-5.6%0.0%0.0%
Earnings yield-97.0%-59.9%-56.9%-31.5%-9.9%-6.5%0.0%0.0%
Enterprise value$2.7M$17.5M$17M$24.9M$88.8M$112M-$9.5M-$2.9M
Net debt / EBITDA0.69×0.37×0.38×1.13×1.59×1.25×1.6×0.48×
Cash conversion cycle (days)000015983116-0