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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
-82.9%
$8.09
vs $47.26 price
Levered DCF
$9.02
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
3.76
Safe 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-127.84×3.95×71.22×46.21×-7.53×-5.17×-1.74×20.13×
P/B2.07×2.15×3.03×2.76×2.51×2.18×1.78×1.53×
P/S0.43×0.52×0.38×0.36×0.25×0.16×0.17×0.24×
EV / EBITDA-23.03×9.23×10.05×9.61×-13.6×10.96×-3.87×6.54×
Gross margin-0.8%3.5%3.1%2.6%3.2%2.8%-1.3%3.0%
Operating margin-2.3%2.8%0.9%1.5%-1.9%0.3%-5.4%2.3%
Net margin-0.3%13.1%0.9%1.1%-3.1%-3.1%-9.8%0.9%
Current ratio1.91×1.69×1.6×1.57×1.43×1.41×1.37×1.47×
Debt / equity0.33×0.28×0.6×0.63×0.86×1.81×1.14×0.57×
Interest coverage-8.64×10.07×2.45×3.54×-3.03×0.69×-12.77×5.53×
Dividend yield0.0%0.0%0.5%0.8%0.5%1.3%4.5%2.6%
Payout ratio0.0%0.0%20.9%26.9%-4.3%-6.6%-7.8%68.4%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-1.6%54.3%7.2%8.1%-31.6%-42.2%-102.3%5.9%
Return on invested capital1.8%5.8%1.0%1.7%-7.8%-4.2%-20.2%4.5%
Return on assets-0.6%23.5%2.0%2.1%-6.2%-6.0%-19.1%1.9%
Free cash flow yield-6.5%7.8%1.8%-0.9%-1.4%3.2%1.4%-1.1%
Earnings yield-0.8%25.3%2.4%2.9%-12.6%-19.4%-57.6%3.8%
Enterprise value$5.6B$6.8B$4.5B$3.6B$2.5B$1.9B$2.3B$4.4B
Net debt / EBITDA4.35×-2.36×-3.03×-3.48×5.59×-1.9×0.51×-0.11×
Cash conversion cycle (days)1818212625172215