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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
+182.4%
$3.56
vs $1.26 price
Levered DCF
-$0.09
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
0.59
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-9.17×9.38×24.82×13.95×73.83×-1.95×10.17×13.22×
P/B0.58×0.82×0.67×0.85×0.72×0.71×0.45×0.45×
P/S0.5×0.73×0.71×0.93×0.81×0.77×0.7×0.7×
EV / EBITDA8.14×3.7×2.74×2.52×3.4×-16.95×2.87×3.16×
Gross margin18.0%32.4%43.8%42.4%38.2%25.0%33.6%38.0%
Operating margin-7.2%-9.9%1.3%12.3%7.7%-53.1%-22.0%9.4%
Net margin-5.5%7.7%2.9%6.7%1.1%-39.6%3.2%5.2%
Current ratio0.76×2.52×1.9×3.62×2.56×0.88×1.31×1.05×
Debt / equity0.94×0.92×0.78×0.66×0.88×0.75×0.52×0.65×
Interest coverage-1.28×-1.87×0.24×3.02×1.82×-8.95×-3.44×1.14×
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-6.5%8.7%2.7%6.1%1.0%-36.6%2.1%3.3%
Return on invested capital-3.4%-5.2%0.2%3.7%2.3%-20.0%-8.1%2.7%
Return on assets-2.8%3.6%1.3%3.0%0.4%-16.2%1.2%1.8%
Free cash flow yield-32.5%-37.5%-3.7%37.1%32.1%67.7%48.9%46.7%
Earnings yield-11.1%10.5%4.0%7.2%1.4%-51.4%4.6%7.4%
Enterprise value$33.1M$32.9M$19.1M$20.4M$23.7M$24.2M$29.5M$32.6M
Net debt / EBITDA4.71×1.37×0.57×0.24×1.34×-7.32×1.46×1.82×
Cash conversion cycle (days)16213373698975110114