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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
-94.4%
$0.11
vs $1.93 price
Levered DCF
$0.11
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
90.88
Safe zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022
P/E-39.03×-185.28×-64.16×-882.25×
P/B30.14×141.79×323.23×149.46×
P/S3,019.82×1,688.43×0×0×
EV / EBITDA-37.87×-188.79×-64.67×-1,567.23×
Gross margin33.2%100.0%0.0%0.0%
Operating margin-7938.9%-856.7%0.0%0.0%
Net margin-7799.1%-911.5%0.0%0.0%
Current ratio10.3×5.37×3.85×15.5×
Debt / equity0×0×0.01×0×
Interest coverage0×-104.48×-1,295.93×0×
Dividend yield0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022
Return on equity-77.8%-76.5%-504.6%-17.0%
Return on invested capital-79.2%-71.9%-469.4%-9.5%
Return on assets-72.8%-62.4%-381.6%-15.9%
Free cash flow yield-1.6%-0.4%-0.7%-0.0%
Earnings yield-2.6%-0.5%-1.6%-0.1%
Enterprise value$931.8M$1.1B$983.9M$1B
Net debt / EBITDA0.85×1.58×0.19×11.25×
Cash conversion cycle (days)-3,661122-4120