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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
+45.7%
$4.71
vs $3.23 price
Levered DCF
-$0.27
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
8.76
Safe zone
Rating
D+
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020
P/E-4.57×-5.85×-9.38×-3.85×-6.18×-10.88×
P/B2.26×2.21×2.11×-5.62×8.28×1.43×
P/S12.21×24.57×12.55×0×0×0×
EV / EBITDA-2.37×-2.85×-5.82×-5.85×-5.3×0×
Gross margin99.7%-233.9%8.3%0.0%0.0%0.0%
Operating margin-255.0%-485.4%-131.7%0.0%0.0%0.0%
Net margin-267.1%-418.7%-133.1%0.0%0.0%0.0%
Current ratio8.5×11.59×8.15×1.88×3.99×19.57×
Debt / equity0×0×0×-1.54×0×0×
Interest coverage0×0×0×0×0×-26.74×
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-49.3%-37.6%-22.4%145.9%-134.3%-13.2%
Return on invested capital-46.0%-40.6%-21.8%-214.6%-133.7%-12.6%
Return on assets-42.5%-33.6%-19.4%-145.8%-102.1%-12.6%
Free cash flow yield-11.1%-11.8%-14.9%-15.4%-13.4%-3.3%
Earnings yield-21.9%-17.0%-10.6%-26.0%-16.2%-9.3%
Enterprise value$50.2M$49M$42.7M$54.2M$25.8M$3.1M
Net debt / EBITDA2.21×2.23×4.45×-0.76×0.89×0×
Cash conversion cycle (days)-14,15626379-15000