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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
-60.1%
$1.43
vs $3.58 price
Levered DCF
-$18.16
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
2.64
Grey zone
Rating
C+
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-4.21×-2.49×-4.15×-2.14×-24.04×54.62×-7.2×44.61×
P/B0.89×0.83×0.75×0.76×0.64×1.35×0.61×1.6×
P/S0.21×0.25×0.29×0.33×0.28×0.58×0.31×0.86×
EV / EBITDA-10.81×-18.83×-11.78×-2.66×8.78×7.58×57.43×9.99×
Gross margin12.4%1.8%1.4%-8.1%3.7%16.6%15.8%16.9%
Operating margin-4.7%-4.7%-5.6%-13.1%0.3%4.0%2.4%4.3%
Net margin-5.0%-10.1%-6.9%-15.2%-1.2%1.1%-11.2%1.9%
Current ratio1.83×1.78×2.12×2.17×3.29×2.34×3.78×3.5×
Debt / equity0.42×0.31×0.06×0.07×0.09×0.07×0.33×0×
Interest coverage-12.53×0×0×0×0×236.78×57.25×360.51×
Dividend yield0.0%0.0%0.0%0.0%7.2%3.0%6.4%1.9%
Payout ratio0.0%0.0%0.0%0.0%-171.6%164.4%-17.7%83.4%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-21.2%-33.1%-18.2%-35.4%-2.7%2.5%-22.1%3.5%
Return on invested capital-12.0%5.3%4.1%28.5%-0.0%2.3%3.3%3.2%
Return on assets-9.2%-15.4%-10.5%-20.7%-1.8%1.5%-13.3%2.6%
Free cash flow yield-23.1%-43.2%-20.8%8.4%-30.2%8.5%0.5%4.1%
Earnings yield-23.7%-40.0%-24.1%-46.7%-4.2%1.8%-36.1%2.2%
Enterprise value$55M$59.7M$51.8M$52.7M$72.2M$147.2M$51.7M$216.4M
Net debt / EBITDA-2.34×-3.79×1.26×0.74×-0.52×-1.41×-30.63×-1.82×
Cash conversion cycle (days)8186757097658071