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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
-411.1%
-$8.52
vs $2.74 price
Levered DCF
-$4.30
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
2.03
Grey zone
Rating
C-
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-1.69×-1.57×-99.37×-11.59×20.85×18.72×22.01×35.76×
P/B1.59×1.17×1.3×1.1×1.22×4.36×3.27×3.63×
P/S0.15×0.19×0.33×0.26×0.28×1×0.88×1×
EV / EBITDA-29.05×-3.73×11.61×34.36×10.38×29.2×10.88×15.41×
Gross margin38.0%38.7%40.1%37.5%37.2%37.2%41.8%42.1%
Operating margin-4.6%-3.6%1.0%1.5%1.9%1.9%5.4%3.6%
Net margin-9.0%-11.9%-0.3%-2.2%1.3%1.3%4.0%2.8%
Current ratio0.92×1.28×1.69×1.69×1.31×1.5×2.1×2.38×
Debt / equity1.73×1.01×0.66×0.7×0.59×0.53×0.41×0.28×
Interest coverage-4.11×-3.95×1.67×2.7×7.43×7.18×32.96×16.29×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-93.8%-74.5%-1.3%-9.5%5.8%5.8%14.8%10.1%
Return on invested capital-15.5%-9.0%2.0%3.1%4.4%4.6%9.6%7.4%
Return on assets-21.2%-24.4%-0.6%-4.0%2.6%2.7%7.4%5.6%
Free cash flow yield-5.7%-21.6%9.3%13.7%-9.8%5.3%8.0%3.7%
Earnings yield-59.1%-63.7%-1.0%-8.6%4.8%1.3%4.5%2.8%
Enterprise value$465.7M$538.8M$756.5M$720.2M$890.7M$2.3B$1.2B$1.2B
Net debt / EBITDA-14.82×-1.56×2.3×9.67×3.12×1.23×-0.69×-1×
Cash conversion cycle (days)3841364454293437