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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
-84.7%
$6.59
vs $42.99 price
Levered DCF
$2.27
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
3.41
Safe zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-14.77×-18.01×59.98×15.95×10.77×-117.42×-13.6×-15.75×
P/B1.4×1.47×1.77×1.66×2.04×3.17×1.95×0.93×
P/S2.42×3.13×2.64×1.9×2.03×2.55×1.61×1.13×
EV / EBITDA-175.39×-55.18×15.41×8.18×9.17×24.53×158.8×20.49×
Gross margin34.5%44.8%47.6%47.1%43.6%43.3%39.4%39.5%
Operating margin-13.3%-17.8%6.8%15.4%22.7%0.5%-9.0%-6.6%
Net margin-16.4%-17.4%4.4%11.9%18.9%-2.2%-11.9%-7.1%
Current ratio6.88×6.27×6.18×4.75×3.9×2.78×2.95×3.02×
Debt / equity0.42×0.02×0.06×0.11×0.16×0.67×0.79×0.65×
Interest coverage-29.42×-115.97×12.79×30.06×31.42×0.24×-2.55×-5.98×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.3%1.0%1.4%
Payout ratio0.0%0.0%0.0%0.0%0.0%-35.9%-14.1%-21.6%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-9.5%-8.1%3.0%10.4%19.0%-2.7%-14.4%-5.9%
Return on invested capital-5.3%-7.8%2.5%8.9%16.1%0.4%-5.4%-3.0%
Return on assets-6.0%-7.0%2.4%7.9%13.3%-1.3%-6.5%-2.8%
Free cash flow yield1.0%-0.6%5.1%6.4%4.8%1.9%-0.1%5.8%
Earnings yield-6.8%-5.5%1.7%6.3%9.3%-0.9%-7.4%-6.3%
Enterprise value$1.2B$1.1B$1.5B$1.4B$1.7B$1.8B$1.2B$697.3M
Net debt / EBITDA-14.74×9.67×-1.92×-0.81×-0.8×2.65×30.85×5.54×
Cash conversion cycle (days)196266205180135163165242