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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
-5170.9%
-$24.35
vs $0.48 price
Levered DCF
-$10.08
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
-1.63
Distress 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-3.14×-1.49×-375×-6.25×-9.15×-6.15×-0.8×-4.93×
P/B1.47×1.35×2.46×-2.42×-15.25×-8.9×-1.43×1.1×
P/S0.39×0.32×0.69×0.53×13.85×8.77×2.7×10.24×
EV / EBITDA-4.64×-2.45×-11.78×-1,304.67×-11.06×-6.71×-1.55×-34.37×
Gross margin15.1%13.1%10.8%7.0%88.1%83.5%37.5%36.2%
Operating margin-12.4%-20.7%-9.3%-5.8%-165.7%-177.1%-309.5%-190.1%
Net margin-12.6%-21.2%-5.9%-8.6%-150.2%-142.8%-337.4%-208.1%
Current ratio1.03×0.73×0.84×0.25×1.11×0.43×0.05×0.19×
Debt / equity0.23×0.47×0.39×-1.56×-1.2×-1.38×-0.6×0.72×
Interest coverage-14.8×-16.22×-2.8×-2.06×-44.31×-4.32×-9.61×-1.83×
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 equity-47.0%-90.7%-21.2%39.1%165.3%144.9%178.7%-22.4%
Return on invested capital-35.3%-56.2%-22.8%-50.0%-922.5%-468.5%408.0%-11.9%
Return on assets-33.0%-53.1%-12.9%-63.4%-199.0%-143.6%-2381.9%-9.6%
Free cash flow yield-4.8%-9.1%-2.4%-2.1%-2.7%-3.4%-6.3%-8.2%
Earnings yield-32.0%-67.1%-8.6%-16.1%-10.8%-16.3%-125.2%-20.3%
Enterprise value$34.2M$35.4M$65M$82.9M$47.7M$26.2M$15.6M$9.5M
Net debt / EBITDA-0.19×-0.51×-0.96×-491.83×-0.39×-0.77×-0.44×-13.33×
Cash conversion cycle (days)11141621-892-776-117-617