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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
-35.6%
$13.18
vs $20.47 price
Levered DCF
$13.40
After debt service
Piotroski score
1 / 9
Weak
Altman Z-score
9.92
Safe zone
Rating
C+
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020
P/E-28.98×-11.59×-16.77×-18.06×-21.67×-57.78×
P/B2.72×1.65×3.31×-8.26×-14.7×-42.34×
P/S0×0×0×0×0×0×
EV / EBITDA-23.85×-10.41×-18.14×-18.14×-22.5×-59.4×
Gross margin0.0%0.0%0.0%0.0%0.0%0.0%
Operating margin0.0%0.0%0.0%0.0%0.0%0.0%
Net margin0.0%0.0%0.0%0.0%0.0%0.0%
Current ratio24.81×24.74×19.14×7.16×12.62×12.64×
Debt / equity0×0×0.01×-0×-0.01×-0.01×
Interest coverage0×0×-7.67×0×-308.58×0×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020
Return on equity-9.3%-14.2%-19.8%44.6%61.8%70.8%
Return on invested capital-18.9%-18.2%-22.4%-61.8%-36.7%-44.5%
Return on assets-8.9%-13.6%-18.6%-52.5%-36.0%-41.1%
Free cash flow yield-5.5%-8.3%-5.5%-4.9%-3.5%-1.5%
Earnings yield-3.4%-8.6%-6.0%-5.4%-4.2%-1.7%
Enterprise value$3.3B$1.3B$1.4B$925.5M$846.6M$935.2M
Net debt / EBITDA5.69×1.37×1.64×0.51×2.78×1.02×
Cash conversion cycle (days)-1,2980000-27,820