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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
-47.1%
$1.82
vs $3.44 price
Levered DCF
$1.66
After debt service
Piotroski score
1 / 9
Weak
Altman Z-score
20.89
Safe zone
Rating
B-
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-6.54×-1.31×-1.09×-1.25×-3.49×-8.48×-2.67×-43.28×
P/B1.54×3.94×63.05×3.09×1.64×17.51×13.54×-6.3×
P/S19.27×2.77×3.92×4.48×8.12×15.44×21.49×18.76×
EV / EBITDA-2.89×-0.87×-1.06×-1.02×-1.83×-7.92×-8.32×-66.85×
Gross margin17.1%21.3%31.5%10.4%37.5%40.3%84.1%67.4%
Operating margin-268.9%-224.7%-345.0%-353.8%-310.8%0.0%-238.2%-41.9%
Net margin-297.3%-211.5%-360.2%-363.6%-229.7%-183.7%-803.7%-43.4%
Current ratio21.63×1.73×0.9×4.04×4.99×1.39×3.17×0.06×
Debt / equity0×0.09×2.15×0.04×0.02×0.07×0.06×-0.5×
Interest coverage0×0×0×0×0×0×-19.13×-4×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-23.8%-300.3%-5791.2%-250.5%-46.4%-208.3%-506.3%14.6%
Return on invested capital-21.5%-288.0%-1640.4%-233.9%-61.7%0.0%-138.7%27.9%
Return on assets-22.7%-136.1%-283.4%-188.9%-38.5%-112.9%-344.4%-119.2%
Free cash flow yield-16.6%-65.9%-74.9%-48.2%-38.8%-7.7%-13.4%-1.1%
Earnings yield-15.4%-76.2%-91.9%-81.1%-28.3%-11.9%-37.4%-2.3%
Enterprise value$59.1M$12.4M$23.5M$26.7M$34.8M$65.7M$27.4M$28M
Net debt / EBITDA4.4×0.41×0.1×0.28×1.19×0.21×0.7×-4.66×
Cash conversion cycle (days)2339764125333127-1,029-1,210