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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
-349.2%
-$59.76
vs $23.98 price
Levered DCF
-$61.08
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
4.36
Safe zone
Rating
B+
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E19.14×26.47×3.92×-1.97×-2.69×-1.06×-3.51×-0.9×
P/B5.17×2.47×0.95×32.11×4.11×3.06×0.68×0.31×
P/S2.46×1.5×0.52×0.61×1.92×2.71×0.98×0.36×
EV / EBITDA19.81×22.07×3.84×-6.16×-2.87×-0.86×-0.53×-1.6×
Gross margin25.2%21.1%12.9%-4.9%7.5%-54.0%92.9%94.8%
Operating margin11.9%6.5%12.3%-26.0%-72.7%-270.3%-63.3%-39.3%
Net margin12.9%5.6%13.1%-31.1%-70.6%-256.8%-28.4%-39.6%
Current ratio1.8×1.92×1.6×0.53×2.27×2.3×3.72×2.31×
Debt / equity0.44×0.11×0.18×46.06×0.66×0.31×0.1×0.25×
Interest coverage7.14×11.14×8.13×-5.02×-403.28×-2,394.13×-37.39×-24.36×
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
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity27.0%9.2%24.2%-1629.6%-151.2%-289.3%-19.7%-34.9%
Return on invested capital17.2%9.1%19.3%-29.0%-93.6%-221.3%-39.8%-25.3%
Return on assets13.9%6.1%15.7%-25.7%-60.8%-158.3%-14.7%-24.6%
Free cash flow yield0.9%0.5%-12.7%-54.0%-31.2%-34.2%-18.8%-39.0%
Earnings yield5.2%3.7%25.4%-50.8%-36.8%-94.7%-28.9%-111.3%
Enterprise value$628.6M$289.9M$109.4M$190.6M$84.6M$120.3M$34.6M$109.9M
Net debt / EBITDA1.4×0.64×0.42×-3.47×-0.06×0.17×1.27×-0.68×
Cash conversion cycle (days)62866386129111351569