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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
-343.7%
-$5.30
vs $2.18 price
Levered DCF
-$60.80
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
-0.67
Distress zone
Rating
B-
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022
P/E-0.25×-2.02×62×85.2×287.95×
P/B0.13×1.09×17.33×47×104.76×
P/S0.12×0.42×3.65×5.4×6.84×
EV / EBITDA-2.94×23.48×23.28×29.71×79.31×
Gross margin24.4%41.1%40.7%38.1%18.9%
Operating margin-33.8%-17.9%10.1%10.6%3.7%
Net margin-48.6%-20.8%5.9%6.3%2.4%
Current ratio2.47×1.1×1.04×1.12×0.81×
Debt / equity0.62×1.94×2.72×4.84×7.51×
Interest coverage-3.56×-11.24×21.44×23.03×0×
Dividend yield0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022
Return on equity-53.1%-53.8%27.9%55.1%36.4%
Return on invested capital-21.9%-15.8%8.0%9.9%4.6%
Return on assets-31.4%-15.7%6.5%8.0%2.8%
Free cash flow yield-600.3%-122.6%1.1%1.1%-0.3%
Earnings yield-399.1%-49.6%1.6%1.2%0.3%
Enterprise value$12.8M$28.9M$134.6M$129.3M$125.6M
Net debt / EBITDA-2.41×14.81×2.95×2.7×5.08×
Cash conversion cycle (days)183143898595