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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
-128.4%
-$1.79
vs $6.29 price
Levered DCF
-$0.80
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-14.23
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-0.98×-4.21×-1.84×-1.08×-0.98×-0.98×-0.25×-0.11×
P/B1.08×3.84×1.02×0.69×0.3×0.5×0.27×0.11×
P/S383.2×1,143.94×262.72×4.73×0×1.52×13.76×0×
EV / EBITDA-1.02×-4.34×-1.79×-1.16×-0.99×-0.08×-0.39×0.1×
Gross margin-717.4%100.0%100.0%83.7%0.0%-65.4%-3228.9%0.0%
Operating margin-40856.3%-28899.6%-15557.8%-446.8%0.0%-152.2%-5445.0%0.0%
Net margin-39009.5%-27243.8%-14274.5%-436.5%0.0%-155.2%-5593.1%0.0%
Current ratio5.3×5.48×6.27×5.83×18.89×6.06×2.47×4.69×
Debt / equity0.18×0.19×0.17×0.16×0.01×0.07×0.55×0.48×
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 equity-109.8%-91.4%-55.6%-63.4%-30.9%-51.3%-111.4%-102.6%
Return on invested capital-96.5%-81.7%-52.0%-56.0%-30.8%-47.2%-70.1%-66.1%
Return on assets-78.7%-66.1%-41.8%-47.3%-29.2%-41.9%-65.2%-65.4%
Free cash flow yield-85.2%-25.7%-40.4%-88.5%-100.8%-97.8%-346.1%-855.2%
Earnings yield-101.8%-23.8%-54.3%-92.2%-102.3%-102.4%-406.6%-932.4%
Enterprise value$74.1M$271.1M$85.3M$50.7M$32.1M$1.1M$8.3M-$3.2M
Net debt / EBITDA-0.02×-0.04×0.16×-0.04×0.03×1×-0.12×0.22×
Cash conversion cycle (days)7632,6962,519-255-2894164-509