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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
—
Levered DCF
—
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
6.2
Safe zone
Rating
B
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2020
P/E26.07×21.57×-24,975×-9,990×-99,900×
P/B1.04×0.66×-3,187.41×-3,720.81×14,846.98×
P/S0×0×0×0×0×
EV / EBITDA-557.37×21.39×-22,278.65×0×-78,665.14×
Gross margin0.0%0.0%0.0%0.0%0.0%
Operating margin0.0%0.0%0.0%0.0%0.0%
Net margin0.0%0.0%0.0%0.0%0.0%
Current ratio0.3×1.07×0.01×0×0×
Debt / equity0×0×-6.41×-5.54×5.38×
Interest coverage0×0×0×0×0×
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
MetricFY2025FY2024FY2023FY2022FY2020
Return on equity4.0%3.1%14.3%36.8%-18.9%
Return on invested capital-0.2%-0.2%-2.6%-8.1%-3.0%
Return on assets3.8%2.9%-2.6%-2.9%-1.4%
Free cash flow yield-0.1%-0.3%-0.0%-0.0%0.0%
Earnings yield3.9%4.7%-0.0%-0.0%-0.0%
Enterprise value$307.6M$185.5M$312.8M$312.7M$312.3M
Net debt / EBITDA-0.52×-0.01×-44.65×0×-28.49×
Cash conversion cycle (days)00000