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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
-292.1%
-$78.19
vs $40.71 price
Levered DCF
-$122.00
After debt service
Piotroski score
8 / 9
Strong
Altman Z-score
1.49
Distress zone
Rating
A-
Overall 4 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-8.28×-3.16×-18.14×1.47×1.64×-1.52×-5.03×17.18×
P/B0.38×0.32×0.48×0.43×0.61×0.25×0.31×0.31×
P/S0.68×0.5×1.11×0.7×0.75×0.56×0.64×0.78×
EV / EBITDA7.31×9.83×10.48×1.98×2.43×20.81×6.87×8.27×
Gross margin12.3%34.1%17.8%53.1%68.2%7.0%26.5%38.8%
Operating margin-2.2%-5.5%3.3%48.6%60.3%-12.3%11.0%16.3%
Net margin-8.2%-15.8%-6.1%47.8%48.3%-26.4%0.1%4.6%
Current ratio1.53×1.24×0.95×1.76×1.72×0.31×0.86×1.11×
Debt / equity1.1×1.11×0.95×0.71×1×1.01×1×1.02×
Interest coverage-0.17×-0.42×0.25×8.85×16.63×-1.18×0.86×1.37×
Dividend yield0.0%0.0%0.0%0.0%2.3%5.7%7.5%0.0%
Payout ratio0.0%0.0%0.0%0.0%3.5%-12.1%7950.6%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-4.6%-10.0%-2.7%29.4%39.5%-11.6%0.0%1.8%
Return on invested capital-0.6%-1.6%0.7%17.5%24.7%-2.7%2.7%3.3%
Return on assets-2.0%-4.4%-1.3%16.8%19.3%-5.5%0.0%0.9%
Free cash flow yield15.3%-12.8%-101.6%-9.7%4.8%13.8%79.7%-130.7%
Earnings yield-12.1%-31.6%-5.5%67.9%64.7%-47.1%0.1%5.8%
Enterprise value$115.8M$131M$148.6M$95.4M$99.9M$62.6M$68.7M$78.2M
Net debt / EBITDA5.08×7.54×6.77×0.95×1.26×16.67×5.12×6.24×
Cash conversion cycle (days)23527730103821124