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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
-170.7%
-$9.75
vs $13.79 price
Levered DCF
-$11.63
After debt service
Piotroski score
7 / 9
Strong
Altman Z-score
2.07
Grey zone
Rating
A-
Overall 4 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-5.44×-7.35×-15.86×-13.32×-24.65×-4.19×-3.52×33.62×
P/B0.86×0.7×1.76×1.86×1.71×0.71×0.78×0.56×
P/S0.32×0.25×0.45×0.46×0.57×0.24×0.24×0.14×
EV / EBITDA31.56×20.64×33.77×73.59×17.1×-18.95×-15.86×27.77×
Gross margin1.8%5.3%5.0%3.1%6.3%4.4%1.3%5.6%
Operating margin-4.0%-1.9%-1.9%-2.7%0.9%-6.4%-5.9%2.3%
Net margin-5.8%-3.4%-2.8%-3.5%-2.3%-5.7%-6.9%0.4%
Current ratio1.79×1.48×1.9×1.91×2.37×1.42×1.23×1.45×
Debt / equity0.66×0.75×0.8×0.78×0.83×0.91×0.82×0.94×
Interest coverage-1.1×-1.43×-1.63×-3.03×0.38×-3.07×-3.55×1.03×
Dividend yield0.0%0.9%1.5%0.0%0.6%2.1%5.4%7.8%
Payout ratio0.0%-6.3%-24.3%0.0%-14.0%-8.9%-19.0%259.2%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-15.8%-9.5%-11.1%-14.0%-6.9%-16.8%-22.2%1.7%
Return on invested capital-4.3%-3.0%-3.4%-5.5%1.3%-5.7%-8.4%5.6%
Return on assets-7.7%-4.6%-4.8%-6.0%-3.1%-6.9%-9.8%0.7%
Free cash flow yield9.7%-20.7%-3.5%-8.4%-11.3%-2.6%-14.5%-1.0%
Earnings yield-18.3%-13.6%-6.3%-7.5%-4.1%-23.8%-28.4%3.0%
Enterprise value$987.5M$1.1B$1.8B$2B$2B$812.8M$961.4M$1.2B
Net debt / EBITDA10.42×9.09×6.1×10×3.13×-8.32×-6.16×15.21×
Cash conversion cycle (days)1525141632363270