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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
-2363.6%
-$100.85
vs $4.46 price
Levered DCF
$8.28
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
-0.38
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-0.79×-13.89×-25.8×-140.4×-76.86×-4.07×-2.44×-29.34×
P/B1.1×1.29×3.44×3.06×3.43×2.2×0.81×1.35×
P/S0.24×0.51×1.87×1.95×2.62×1.47×1.08×2.46×
EV / EBITDA-3.58×23.73×-166.5×66.73×43.04×-5.76×-3.98×-369.85×
Gross margin15.1%14.4%23.4%23.4%27.6%24.7%25.3%47.7%
Operating margin-0.2%-1.6%-3.6%0.3%-4.7%-28.4%-45.0%-7.6%
Net margin-28.5%-2.4%-5.8%-1.4%-4.1%-36.1%-43.9%-8.4%
Current ratio1.31×0.85×1.01×1.1×1.18×1.36×1.19×3.32×
Debt / equity2.38×0.71×0.6×0.55×0.4×0.58×0.4×0.19×
Interest coverage-0.08×-1.64×-1.31×0.23×-1.67×-9.28×-21.22×-8.66×
Dividend yield2.4%1.6%0.5%0.6%0.1%1.5%0.0%0.0%
Payout ratio-2.1%-32.6%-16.6%-77.7%-3.5%-6.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-128.7%-6.2%-10.6%-2.2%-5.4%-53.9%-32.7%-4.6%
Return on invested capital-0.3%-2.0%-2.0%0.1%-4.3%-23.6%-21.9%-3.3%
Return on assets-28.1%-2.4%-4.2%-1.1%-2.6%-22.7%-20.2%-3.1%
Free cash flow yield1.0%-0.5%3.1%-1.9%0.6%-3.4%-10.5%-3.9%
Earnings yield-117.0%-4.8%-3.1%-0.7%-1.6%-24.6%-40.5%-3.4%
Enterprise value$1.3B$1.9B$4.1B$2.9B$2.4B$1.4B$1B$1.5B
Net debt / EBITDA-2.32×7.61×-18.24×6.58×0.25×-0.11×-1.05×1.75×
Cash conversion cycle (days)49437149-13214-28