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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
-45799.8%
-$1,048.81
vs $2.30 price
Levered DCF
-$1,087.23
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-15.12
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020
P/E-1.46×-75×-54.44×-42.19×-52.73×-259.62×
P/B1.7×-977.11×105.21×40.54×39.68×-1,777.85×
P/S2.99×361.04×811.31×1,007.09×1,169.75×5,411.7×
EV / EBITDA-0.8×-76.19×-55.52×-42.3×-52.07×-422.26×
Gross margin29.4%27.4%-19.4%-58.3%-122.6%19.8%
Operating margin-160.9%-454.3%-1469.7%-2337.4%-2029.5%-1580.2%
Net margin-167.0%-479.1%-1483.9%-2377.5%-2214.3%-2006.6%
Current ratio8.1×0.48×17.76×57.88×6.24×1.21×
Debt / equity0×0×0×0×0.13×-6.92×
Interest coverage0×0×0×-1,143×-137.81×-2.19×
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-95.0%1296.6%-192.4%-95.7%-75.1%659.2%
Return on invested capital-91.5%1232.0%-190.5%-94.1%-61.2%-61.9%
Return on assets-83.6%-1062.6%-181.8%-94.3%-63.4%-62.1%
Free cash flow yield-47.7%-0.7%-1.2%-2.6%-1.9%-0.3%
Earnings yield-55.8%-1.3%-1.8%-2.4%-1.9%-0.4%
Enterprise value$6.7M$492.4M$488.4M$483.1M$480.4M$491.5M
Net debt / EBITDA1.01×0.01×0.46×0.82×1.31×0.79×
Cash conversion cycle (days)40-88356293101-418