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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
+623.6%
$12.08
vs $1.67 price
Levered DCF
$2.40
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-0.24
Distress 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-3.15×-0.41×-0.59×-0.45×-6.98×-1.99×-0.78×2.66×
P/B1.02×0.15×0.26×0.24×0.48×0.83×0.31×0.38×
P/S0.57×0.34×6.64×0×0×0×364.42×163.71×
EV / EBITDA-0.71×-0.46×-0.63×0.67×1.82×0×-0.75×-1.4×
Gross margin-18.0%100.0%100.0%0.0%0.0%0.0%100.0%100.0%
Operating margin-45.3%-63.5%-1069.0%0.0%0.0%0.0%-63166.7%-24550.0%
Net margin-18.2%-81.0%-1122.2%0.0%0.0%0.0%-46477.8%6167.9%
Current ratio3.45×7.44×17.51×28.32×85.66×31.62×1.51×2.52×
Debt / equity0.04×0.08×0.07×0.01×0×0×0×0×
Interest coverage0×0×0×-1.85×0×0×0×0×
Dividend yield16.8%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio-53.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-32.3%-36.9%-43.2%-30.0%-7.1%-41.7%-39.7%14.3%
Return on invested capital-92.1%-26.3%-38.7%-19.2%-9.3%-22.1%-54.0%-56.8%
Return on assets-19.9%-31.2%-39.8%-29.0%-7.0%-40.5%-37.1%13.0%
Free cash flow yield32.1%-248.4%-167.3%-71.0%-14.9%-22.4%-103.0%-60.3%
Earnings yield-31.7%-241.6%-168.9%-126.4%-14.8%-50.3%-127.5%37.7%
Enterprise value$39.5M$5M$14.2M-$14.9M-$17.2M$21.8M$3.2M$4.6M
Net debt / EBITDA0.56×0.09×-0.03×1.45×6.94×0×0.02×0.01×
Cash conversion cycle (days)163485692830000