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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
-60.9%
$0.71
vs $1.81 price
Levered DCF
$0.73
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
5.07
Safe zone
Rating
C+
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-9.85×-2.02×-1.64×-0.39×-1.49×-0.3×-0.15×-0.09×
P/B1.2×0.41×0.46×0.33×0.17×0.13×0.41×0.41×
P/S0×0×0×0×0×30.21×0×0×
EV / EBITDA-5.37×-0.23×-0.37×0.2×0.6×3.48×0.26×0.3×
Gross margin0.0%0.0%0.0%0.0%0.0%61.2%0.0%0.0%
Operating margin0.0%0.0%0.0%0.0%0.0%-8377.1%0.0%0.0%
Net margin0.0%0.0%0.0%0.0%0.0%-10039.8%0.0%0.0%
Current ratio8.1×11.77×14.26×8.59×13.97×39.5×2.16×2.05×
Debt / equity0×0×0×0.01×0×0×0.01×0.12×
Interest coverage0×0×0×0×0×-78.13×-117.9×-32.75×
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
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-12.2%-20.5%-28.2%-84.4%-11.3%-44.4%-277.5%-356.4%
Return on invested capital-14.1%-25.4%-21.3%-76.0%-14.6%-33.8%-221.2%-139.9%
Return on assets-11.7%-18.9%-23.8%-72.5%-9.5%-39.6%-157.8%-106.7%
Free cash flow yield-11.6%-54.1%-43.1%-71.2%-93.2%-193.4%-441.1%-557.2%
Earnings yield-10.2%-49.4%-60.8%-256.4%-66.4%-332.3%-683.7%-866.3%
Enterprise value$59.5M$5.4M$5.7M-$5M-$11.6M-$54.5M-$12.5M-$11M
Net debt / EBITDA1.53×0.93×1.49×1.12×1.57×4.07×0.42×0.42×
Cash conversion cycle (days)000003460-356