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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
-273.5%
-$8.57
vs $4.94 price
Levered DCF
-$9.24
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-0.97
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-0.63×-3.8×12.03×4.49×2.43×-17.88×-11.47×188.1×
P/B1.27×0.56×0.84×0.92×1.32×7.84×6.73×0×
P/S0.3×0.5×0.45×0.48×0.55×0.76×1.03×2.25×
EV / EBITDA-1.64×-9.11×4.35×2.41×0.97×20.52×95.39×0×
Gross margin-31.9%-6.6%11.0%14.0%39.8%8.8%-4.1%13.8%
Operating margin-37.3%-12.2%6.0%10.5%37.1%4.7%-7.0%10.6%
Net margin-47.2%-9.1%3.8%10.7%22.5%-4.2%-9.0%1.2%
Current ratio2.18×3.07×2.95×3.98×3.57×2.42×2.34×0×
Debt / equity1.76×0.45×0.1×0.08×0.06×3.54×2.67×0×
Interest coverage-9.12×-4.4×3.98×27.47×36.33×1.01×-3.06×0×
Dividend yield2.4%1.8%2.2%2.3%0.4%0.0%0.0%0.0%
Payout ratio-1.5%-9.7%26.5%10.3%1.1%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-200.5%-10.3%7.0%20.4%54.2%-43.8%-58.7%0.0%
Return on invested capital-32.6%-6.0%5.4%10.9%48.3%6.5%-8.1%0.0%
Return on assets-46.5%-4.9%3.9%12.2%31.8%-4.9%-9.6%0.0%
Free cash flow yield-63.2%-34.9%-15.4%-11.7%52.6%-4.7%-5.9%3.1%
Earnings yield-157.7%-18.3%8.3%22.3%41.2%-5.6%-8.7%0.5%
Enterprise value$1.4B$1.3B$1.3B$1.2B$1.3B$2B$2.6B$0
Net debt / EBITDA-0.91×-2.96×0.16×-0.25×-0.63×6.23×20.03×0×
Cash conversion cycle (days)1391931281401061391170