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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
-468.1%
-$24.04
vs $6.53 price
Levered DCF
-$35.20
After debt service
Piotroski score
6 / 9
Average
Altman Z-score
-14.32
Distress zone
Rating
C+
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-923.53×-0.26×-1.2×-3.07×-30.52×-3.03×-3.68×-1.65×
P/B-0.34×-0.18×-1.85×-11.03×21.4×-2.69×-2.44×-1.53×
P/S0.82×0.57×1.9×6.9×2.49×6.22×3.66×7.17×
EV / EBITDA6.84×-1.12×-2.15×-3.56×11.5×-4.4×-8.05×-1.72×
Gross margin29.6%-50.8%-52.1%-101.2%38.4%-64.4%-12.2%-238.7%
Operating margin-18.0%-116.4%-102.1%-183.0%8.7%-133.0%-46.7%-336.6%
Net margin0.1%-219.6%-157.2%-224.5%-8.1%-205.2%-71.7%-434.1%
Current ratio0.41×0.21×0.44×1.13×2.12×0.88×0.71×1.1×
Debt / equity-1.24×-0.29×-0.58×-1.28×1.69×-0.27×-0.1×-0.08×
Interest coverage-0.37×-1.02×-1.63×-2.9×0.39×-1.92×-1.69×-4.9×
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
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-0.0%69.6%153.3%359.1%-69.5%88.8%47.8%92.6%
Return on invested capital-34.5%-818.7%-224.1%-79.0%8.2%-134.1%-199.7%-165.5%
Return on assets0.1%-100.4%-78.3%-53.2%-5.1%-84.3%-69.3%-117.1%
Free cash flow yield-170.2%-270.1%-79.0%-33.8%-3.2%-26.0%-4.2%-51.1%
Earnings yield0.1%-386.2%-82.9%-32.5%-3.2%-33.0%-19.6%-60.6%
Enterprise value$425.3M$113.3M$313.4M$575.9M$503.5M$504.4M$511M$223.9M
Net debt / EBITDA5.34×-0.54×-0.12×0.62×-5.34×0.39×0.61×0.3×
Cash conversion cycle (days)-371-142-34-40-18-3826-30