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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
-1436.8%
-$6.73
vs $0.50 price
Levered DCF
-$11.55
After debt service
Piotroski score
7 / 9
Strong
Altman Z-score
1.11
Distress zone
Rating
A+
Overall 5 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021
P/E27.7×-97.36×162.01×16,656.7×2,488.91×
P/B1.22×11.04×24.84×236.22×1,029.88×
P/S3.33×18.62×48×2,795.02×1,436.84×
EV / EBITDA6.64×132.65×93.39×8,279.44×2,201.99×
Gross margin12.8%32.2%41.8%22.8%60.3%
Operating margin3.9%23.8%36.3%16.8%58.3%
Net margin30.1%-6.5%32.3%16.8%57.5%
Current ratio6.21×0.87×0.51×1.06×3.5×
Debt / equity0×0×0×0×0.83×
Interest coverage3.64×4.07×7.62×4,759.15×80.09×
Dividend yield0.5%0.1%0.0%0.0%0.1%
Payout ratio5.4%-27.7%2.6%0.0%176.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021
Return on equity11.0%-3.9%16.7%1.4%41.2%
Return on invested capital1.4%12.3%18.8%1.4%22.8%
Return on assets10.6%-2.7%9.7%1.4%22.1%
Free cash flow yield3.3%3.0%0.1%-0.4%-0.1%
Earnings yield9.0%-0.3%0.7%0.0%0.0%
Enterprise value$115.3M$783M$1.4B$9.2B$9B
Net debt / EBITDA-0.03×-0.78×-0.05×0×1.71×
Cash conversion cycle (days)39241361230