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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
-2852.6%
-$270.86
vs $9.84 price
Levered DCF
$76.69
After debt service
Piotroski score
6 / 9
Average
Altman Z-score
-1.84
Distress zone
Rating
B-
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-0.33×-23.86×-12.19×-59.71×-77.21×-39.26×183.54×-192.13×
P/B0.99×0.88×0.94×0.86×1.15×5.91×5.01×4.93×
P/S0.45×1.62×1.22×1.74×1.63×1.48×1.58×1.7×
EV / EBITDA-1.12×15.98×48.81×16.8×15.58×18.31×15.29×16.81×
Gross margin20.7%34.0%33.4%31.1%23.8%30.6%34.6%35.8%
Operating margin1.5%-3.9%-3.0%-4.3%6.7%5.4%10.4%8.6%
Net margin-136.9%-6.7%-10.1%-2.8%-2.1%-3.8%0.9%-0.9%
Current ratio1.31×1.42×1.27×1.2×1.16×1.25×1.15×1.22×
Debt / equity2.03×0.5×0.65×0.68×0.75×6.39×5.04×4.23×
Interest coverage0.37×-0.87×-0.77×-0.77×1.08×0.63×1.18×0.98×
Dividend yield8.4%0.6%0.0%0.0%0.0%0.1%0.2%0.0%
Payout ratio-2.8%-13.4%0.0%0.0%0.0%-2.9%45.5%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-296.6%-3.6%-7.7%-1.4%-1.4%-15.1%2.7%-2.6%
Return on invested capital0.9%-1.2%-1.2%-1.0%2.2%2.8%3.0%4.6%
Return on assets-67.8%-1.9%-3.2%-0.6%-0.5%-1.5%0.3%-0.4%
Free cash flow yield24.3%3.5%5.9%3.6%0.0%3.5%4.7%2.9%
Earnings yield-301.0%-4.2%-8.3%-1.6%-1.3%-2.6%0.5%-0.5%
Enterprise value$2.9B$5.6B$6.7B$6.6B$7.5B$7.9B$7.9B$7.3B
Net debt / EBITDA-0.72×5.18×18.55×7.02×5.7×8.94×7.46×7.49×
Cash conversion cycle (days)253151516-07-4