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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
+34.3%
$2.24
vs $1.67 price
Levered DCF
$1.97
After debt service
Piotroski score
1 / 9
Weak
Altman Z-score
-1.62
Distress zone
Rating
B
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020
P/E-0.73×-2.96×-3.77×-0.7×-150.31×-4,632.08×
P/B0.68×77.41×10.68×22.83×87.48×46,436.16×
P/S320.16×21,204.54×1,850.92×103,366.74×103,701.16×0×
EV / EBITDA-0.05×-90.62×-20.63×-20.44×-153.73×-4,683.2×
Gross margin100.0%100.0%100.0%100.0%100.0%0.0%
Operating margin-43737.5%-23977.9%-42440.4%-478784.3%-68862.2%0.0%
Net margin-43832.5%-24028.2%-49087.8%-490630.0%-68862.2%0.0%
Current ratio9.79×13.92×3.29×3.02×23.71×0.64×
Debt / equity0.1×0.1×0.43×0.2×0×0×
Interest coverage-438.08×-448.81×-1.08×0×0×0×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020
Return on equity-93.2%-87.7%-283.2%-108.4%-58.1%-1002.5%
Return on invested capital-84.5%-79.5%-171.7%-88.3%-58.1%-1009.1%
Return on assets-83.7%-79.0%-187.7%-74.6%-56.3%-135.6%
Free cash flow yield-124.6%-0.7%-20.5%-5.3%-0.7%-0.0%
Earnings yield-136.9%-1.1%-26.5%-4.7%-0.7%-0.0%
Enterprise value$331.3K$733M$31.6M$94.9M$92.9M$2.8B
Net debt / EBITDA0.73×0.85×0.01×0.7×0.85×0.4×
Cash conversion cycle (days)20019510603650