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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
+674.7%
$45.55
vs $5.88 price
Levered DCF
$102.97
After debt service
Piotroski score
6 / 9
Average
Altman Z-score
0.21
Distress zone
Rating
B+
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-1.32×4.96×11.25×-57.66×3.67×4.01×12.6×-39.77×
P/B0.37×0.5×0.53×0.74×0.9×0.67×0.99×1.29×
P/S0.31×0.44×0.48×1.03×1.37×0.35×0.68×1.01×
EV / EBITDA7.08×-0.1×0.76×2.88×-0.8×0.16×-3.32×16.43×
Gross margin38.0%52.5%61.6%88.2%94.0%79.7%77.1%88.1%
Operating margin-29.6%13.6%7.2%10.6%18.5%11.8%8.4%-3.5%
Net margin-22.0%10.1%5.1%-0.5%38.9%9.5%6.0%-2.5%
Current ratio0.18×0.09×0.11×0.15×0.2×0.11×0.25×0.11×
Debt / equity0.24×0.2×0.21×0.41×0.13×0.19×0.48×0.38×
Interest coverage-0.77×0.38×0.25×0.82×1.61×1.54×0.76×-0.38×
Dividend yield4.4%5.2%4.3%3.1%2.4%3.7%2.6%1.5%
Payout ratio-6.3%22.7%40.0%-607.2%8.4%14.0%29.2%-59.8%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-26.2%11.4%5.7%-0.4%25.6%17.9%8.7%-3.2%
Return on invested capital-19.9%8.8%4.5%4.2%4.9%1.3%5.9%-2.3%
Return on assets-1.8%1.0%0.5%-0.0%2.7%0.8%0.8%-0.3%
Free cash flow yield879.3%707.4%839.1%634.7%557.1%-233.7%-90.3%5.3%
Earnings yield-70.8%22.9%10.7%-0.5%28.4%26.8%8.8%-2.5%
Enterprise value-$153.8M-$2.7M$11.2M$34.5M-$12.8M$3.3M-$37.8M$30.3M
Net debt / EBITDA8.57×-2.24×-2.85×-2.79×-6.19×-2.12×-7.79×-9.92×
Cash conversion cycle (days)232016-8-11-764