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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
+241.7%
$62.94
vs $18.42 price
Levered DCF
$51.48
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
10.28
Safe zone
Rating
S-
Overall 5 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E6.88×5.46×5.47×3.9×2.92×12.19×8.91×-1.38×
P/B1.67×1.52×1.15×1.32×1.57×2.28×1.55×-0.69×
P/S1.86×1.55×0.95×0.97×1.28×1.14×0.51×0.11×
EV / EBITDA6.91×5.18×3.71×4.15×7.15×12.24×6.08×40.53×
Gross margin23.5%24.7%26.1%25.3%20.7%17.6%16.4%-0.8%
Operating margin19.0%20.1%20.5%20.2%16.3%11.8%9.0%-9.0%
Net margin27.1%28.4%17.4%18.7%43.8%9.3%3.5%-8.0%
Current ratio5.5×5.52×3.83×2.43×3.31×2.74×0.9×3.43×
Debt / equity0.08×0.12×0.19×0.27×0.51×1.2×0.84×-2.09×
Interest coverage0×0×0×35.82×21.55×7.72×4.8×-56.68×
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 equity24.4%27.8%20.9%25.5%53.8%18.6%10.7%49.8%
Return on invested capital15.6%17.4%18.9%21.3%13.3%10.6%14.7%-13.7%
Return on assets20.1%22.4%15.1%17.3%31.2%7.3%4.5%-12.9%
Free cash flow yield3.8%13.7%20.5%19.6%19.1%12.9%74.7%259.8%
Earnings yield14.6%18.3%18.2%19.3%34.2%8.2%6.9%-72.6%
Enterprise value$91M$57.1M$31M$34.3M$36.9M$31.9M$16.5M$19.4M
Net debt / EBITDA-1.97×-2.04×-1.39×-0.46×-0.57×2.45×1.3×27.51×
Cash conversion cycle (days)-24634269-29-40147