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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
-89.9%
$0.77
vs $7.61 price
Levered DCF
$0.50
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
-13
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-0.53×-5.49×-14.18×-13.18×-39.88×-4.97×-5.71×-11.8×
P/B2.61×-331.08×23.95×15.58×19.36×48.64×9.85×2,225.83×
P/S994.73×41.31×121.73×225.2×548.79×102.64×78.4×84.31×
EV / EBITDA-0.5×-6.74×-17.04×-22.73×-62.02×-11.67×-8.91×-15.62×
Gross margin42.0%49.1%62.6%66.4%65.7%64.3%62.3%70.5%
Operating margin-22688.6%-673.7%-744.5%-1729.3%-1437.9%-2025.1%-1604.2%-556.9%
Net margin-186053.4%-751.4%-859.1%-1709.6%-1383.6%-2067.0%-1373.7%-714.5%
Current ratio10.02×0.62×2.55×6.02×9.09×0.16×0.07×0.4×
Debt / equity0.03×-10.52×0.33×0.01×0.02×2.22×0.53×30.58×
Interest coverage0×0×0×-2.44×0×0×0×0×
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-488.5%6022.0%-169.1%-118.2%-48.8%-979.5%-172.6%-18863.1%
Return on invested capital-57.6%-560.5%-109.5%-118.6%-48.0%-289.7%-131.5%-465.6%
Return on assets-440.7%-245.4%-97.0%-100.0%-44.9%-198.2%-86.7%-271.9%
Free cash flow yield-34.1%-17.8%-6.7%-3.8%-1.7%-9.8%-7.9%-4.6%
Earnings yield-187.0%-18.2%-7.1%-7.6%-2.5%-20.1%-17.5%-8.5%
Enterprise value$115.5M$68.5M$192.1M$317.1M$752.3M$133.7M$116.5M$120.5M
Net debt / EBITDA0.04×-0.14×0.53×1.57×2.25×-0.45×-0.45×-0.19×
Cash conversion cycle (days)11,896-167-449-290-384-809-1,9599