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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
+37361.4%
$505.73
vs $1.35 price
Levered DCF
$532.91
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
-29.66
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-0.14×-7.26×-4.11×-0.82×-77.88×-208.58×-217.28×-2,396.34×
P/B0.01×19.89×11.9×3.55×13.64×201.25×93.62×-1,284.46×
P/S0.17×9.64×2.02×1.01×14.33×21.92×11.38×79.39×
EV / EBITDA0.37×-12.43×-5.73×-0.88×-49.82×-67.63×-82.16×-16,043.26×
Gross margin-286.2%47.3%27.3%18.2%20.4%16.5%16.8%20.0%
Operating margin-1245.6%-89.0%-39.9%-134.3%-31.7%-35.4%-13.5%-1.4%
Net margin-1965.1%-132.9%-49.2%-123.7%-18.4%-10.5%-15.6%-3.3%
Current ratio5.01×1.07×1.14×2.15×1.76×2.3×4.39×1.88×
Debt / equity0×1.35×0.82×0.51×0.18×0.79×0.6×-4.42×
Interest coverage-137.68×-1.99×-4.79×-75.14×-91.85×-112.07×-25.56×-0.76×
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%-0.7%-4.2%-3.1%-27.7%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-126.1%-274.3%-289.2%-434.9%-17.5%-96.4%-128.1%53.2%
Return on invested capital-79.9%-79.0%-129.4%-312.7%-22.9%-59.6%-19.4%-5.1%
Return on assets-114.2%-61.6%-84.5%-189.0%-10.7%-11.8%-18.8%-7.5%
Free cash flow yield-2173.0%-5.5%-2.1%-21.1%-1.8%-0.5%-1.9%-0.2%
Earnings yield-11368.3%-13.8%-24.3%-122.4%-1.3%-0.5%-1.4%-0.0%
Enterprise value-$31.6M$135.7M$141M$151.9M$2.4B$3B$2.1B$14.2B
Net debt / EBITDA0.38×-0.71×-0.35×-0.08×-0.39×0.42×1.36×-46.77×
Cash conversion cycle (days)61348811201641209240