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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
-100.3%
-$0.03
vs $9.00 price
Levered DCF
-$0.02
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
1,336.57
Safe zone
Rating
B+
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E8.02×69.91×158.42×15.27×9.56×-29.07×-78.33×-34.17×
P/B1.6×1.04×1.31×2.71×2.15×3.14×3.08×2.35×
P/S146.07×17.48×1.29×-222.48×-17.42×-17.53×-342.23×-33.41×
EV / EBITDA8.02×18.45×40.45×13.07×8.68×-28.31×-82.1×-28.84×
Gross margin37.5%100.0%99.5%407.6%138.3%124.5%419.3%129.2%
Operating margin1824.7%29.2%1.0%-1485.9%-181.6%61.7%431.1%119.4%
Net margin1821.5%25.2%0.8%-1465.4%-181.6%60.8%431.1%96.4%
Current ratio0×0.17×0.25×0.61×0.95×0×0.42×0.51×
Debt / equity0×0.02×0.02×0.04×0.14×0.01×0.11×0.34×
Interest coverage575.44×7.3×6.72×72.47×242.19×-205.98×-3.45×-9.05×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.4%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%0.0%-12.7%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity20.0%1.5%0.8%17.9%22.4%-10.9%-3.9%-6.8%
Return on invested capital20.0%1.7%0.9%17.4%19.1%-10.9%-3.6%-4.6%
Return on assets19.9%1.5%0.8%17.1%19.0%-10.3%-3.5%-5.0%
Free cash flow yield-0.8%0.1%-8.2%-1.0%-6.1%-5.0%7.9%-4.3%
Earnings yield12.5%1.4%0.6%6.6%10.4%-3.5%-1.3%-2.9%
Enterprise value$73.6M$38M$45.2M$79.8M$47.9M$48.8M$40.7M$35.1M
Net debt / EBITDA0.01×0.35×0.68×0.2×0.42×0.26×-2.71×-3.66×
Cash conversion cycle (days)02-212-39-36-46-182-112