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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
-121.7%
-$14.26
vs $65.78 price
Levered DCF
$4.38
After debt service
Piotroski score
6 / 9
Average
Altman Z-score
14.47
Safe zone
Rating
C+
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-557.33×7.56×16.27×-11.03×-8.72×144.94×-9.13×-43.04×
P/B8.7×3.21×2.27×1.85×1.61×1.78×1.68×1.7×
P/S7.76×2.56×1.64×1.49×1.56×1.82×2.19×2.17×
EV / EBITDA-487.02×12.78×10.19×-19.87×-13.07×25.06×-12.42×315.37×
Gross margin29.1%43.1%33.6%19.2%17.8%31.2%13.9%31.9%
Operating margin-4.7%16.8%9.1%-11.5%-16.6%-1.8%-26.2%-5.7%
Net margin-1.4%34.1%10.1%-13.5%-17.9%1.3%-24.1%-5.1%
Current ratio2.29×2.26×1.89×1.77×2.56×2.97×3.94×9.03×
Debt / equity0.14×0.16×0.16×0.23×0.19×0.16×0.3×0×
Interest coverage0×112.81×46.05×-29.95×-104.39×-7.54×-101.74×-33.94×
Dividend yield0.0%5.4%0.0%15.4%0.0%0.0%0.0%0.0%
Payout ratio0.0%40.2%0.0%-170.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-1.6%42.8%14.0%-16.7%-18.6%1.2%-18.4%-4.0%
Return on invested capital-4.2%16.2%7.2%-7.2%-12.4%-1.2%-10.9%-3.5%
Return on assets-1.0%25.4%5.7%-6.1%-10.2%0.7%-10.9%-2.9%
Free cash flow yield-0.3%-1.8%8.0%0.4%2.9%11.1%-3.2%-2.7%
Earnings yield-0.2%13.3%6.2%-9.0%-11.5%0.7%-11.0%-2.4%
Enterprise value$496.8M$182.7M$78.4M$56.4M$72.7M$97.8M$103.6M$103.8M
Net debt / EBITDA-5.93×0.28×-1.58×1.56×0.44×-0.19×-1.49×-11.19×
Cash conversion cycle (days)287328310342272316320336