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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
-3680.6%
-$61.23
vs $1.71 price
Levered DCF
-$53.42
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
-0.4
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-24.92×-10.31×-4.07×-2.61×-1.89×-3.79×-3.64×-3.16×
P/B3.06×2.39×1.56×1×0.88×0.54×0.54×0.66×
P/S0.64×0.56×0.51×0.95×2.21×0.58×0.38×0.5×
EV / EBITDA15.02×25.67×-10.81×-5.28×-2.13×3.61×6.13×11.85×
Gross margin9.7%7.3%1.8%-13.1%47.9%80.1%85.0%80.6%
Operating margin-2.2%-6.1%-13.5%-43.0%-118.4%-16.3%-11.1%-16.2%
Net margin-2.6%-5.6%-12.5%-36.1%-117.8%-15.3%-10.4%-15.8%
Current ratio0.81×1.46×1.48×2.71×5.65×7.87×3.59×2.82×
Debt / equity1.31×0.33×0.2×0.1×0.08×0.07×0.12×0.11×
Interest coverage-3.1×-28.61×-126.89×-716.16×-1,391.9×-168.58×-37.35×-61.34×
Dividend yield0.0%23.8%0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%-239.4%0.0%0.0%0.0%0.0%0.0%-0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-12.3%-23.8%-38.6%-38.2%-46.6%-14.5%-14.7%-20.9%
Return on invested capital-4.6%-19.7%-33.8%-41.2%-43.1%-14.4%-13.8%-18.6%
Return on assets-3.5%-13.3%-20.9%-27.2%-39.3%-12.8%-11.9%-16.2%
Free cash flow yield14.8%-9.0%-5.9%-9.6%-30.3%33.9%9.1%-3.7%
Earnings yield-4.0%-10.0%-24.8%-38.1%-53.2%-26.6%-27.3%-31.7%
Enterprise value$64.1M$45.8M$39.4M$35.3M$34.5M$14.8M$41.8M$61.1M
Net debt / EBITDA3.69×2.46×2.61×2.05×1.24×-8.52×-2.04×-3.09×
Cash conversion cycle (days)13353369-194-318-6