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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
-154.9%
-$14.46
vs $26.35 price
Levered DCF
-$1.28
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
3.18
Safe zone
Rating
A-
Overall 4 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E10.85×113.38×-36.46×-3.9×-10.72×-19.96×-6.77×9.23×
P/B2.62×3.4×2.78×1.67×1.89×3.88×1.59×3.05×
P/S4.86×3.01×2.76×1.29×1.91×5.2×1.8×4.41×
EV / EBITDA52.12×49×-159.98×-4.39×-7.88×-26.35×-4.98×-12.5×
Gross margin29.8%27.8%24.2%8.0%12.4%20.0%14.8%24.9%
Operating margin5.6%-0.5%-7.8%-31.1%-19.4%-26.6%-36.2%60.5%
Net margin44.7%2.7%-7.6%-33.1%-17.7%-26.0%-26.8%47.6%
Current ratio2.39×2.07×2.11×1.26×1.75×2.58×2.3×3.64×
Debt / equity0.01×0.02×0.02×0.04×0.03×0.03×0.05×0×
Interest coverage0×0×0×0×0×0×0×0×
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 equity24.1%3.1%-7.7%-42.8%-17.5%-19.5%-23.7%33.0%
Return on invested capital2.7%-0.5%-7.3%-35.7%-15.9%-17.4%-27.7%30.2%
Return on assets17.8%1.9%-4.8%-20.0%-11.0%-13.4%-13.8%22.4%
Free cash flow yield1.3%3.9%0.3%-17.3%-9.6%-2.3%-17.5%16.9%
Earnings yield9.2%0.9%-2.8%-25.6%-9.3%-5.0%-14.9%10.8%
Enterprise value$1.3B$594.9M$314.5M$116.5M$170.2M$388.8M$93.7M$170.2M
Net debt / EBITDA-5.56×-6.27×44.67×0.76×1.7×4.34×1.13×5.69×
Cash conversion cycle (days)24222219019210997157149