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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
-69.3%
$1.28
vs $4.16 price
Levered DCF
$11.36
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
10.67
Safe 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-64.64×-82.21×-267×110.8×60.16×143.45×-74.38×-18.63×
P/B5.85×8.63×10.11×6.75×22.17×30.89×13.63×13.62×
P/S0.3×0.39×0.57×0.36×1.31×2.43×0.72×0.82×
EV / EBITDA-108.83×54.77×204.04×59.28×117.57×119.48×-104.01×-18.18×
Gross margin7.0%7.5%7.5%7.9%7.8%8.9%8.6%8.1%
Operating margin-0.4%-0.4%0.0%0.4%0.9%1.8%-0.9%-4.4%
Net margin-0.5%-0.5%-0.2%0.3%2.2%1.7%-1.0%-4.5%
Current ratio1.53×1.44×1.88×2×1.71×2.2×1.88×1.75×
Debt / equity0×0×0×0×0×0.04×0.07×0.09×
Interest coverage0×0×0×0×0×0×0×0×
Dividend yield2.2%1.7%1.2%1.5%0.2%0.0%0.0%0.0%
Payout ratio-135.5%-141.5%-317.8%163.4%14.2%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-9.4%-10.4%-3.7%6.2%36.6%22.0%-18.3%-74.8%
Return on invested capital-8.8%-9.3%0.2%6.4%15.0%21.1%-15.7%-68.2%
Return on assets-5.1%-5.4%-2.3%4.0%19.6%12.9%-9.9%-40.2%
Free cash flow yield7.6%10.4%8.2%11.9%4.7%2.6%7.1%5.4%
Earnings yield-1.6%-1.2%-0.4%0.9%1.6%0.7%-1.3%-5.5%
Enterprise value$1.3B$1.7B$2.3B$1.6B$4.7B$4.3B$665.1M$388M
Net debt / EBITDA10.44×-3.76×-11.03×-4.61×-4.33×-3.45×6.78×0.96×
Cash conversion cycle (days)76661215911