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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
+619.6%
$8.96
vs $1.25 price
Levered DCF
$5.60
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
-3.38
Distress zone
Rating
B
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E12.4×13.21×8.18×5.47×21.72×8.31×7×3.5×
P/B0.64×1.05×1.67×1.75×2.03×2.68×2.37×1.71×
P/S0.85×1.51×1.68×1.8×2.57×3.07×1.07×0.55×
EV / EBITDA4.21×4.79×6.71×6.79×17.06×9.03×8.15×2.27×
Gross margin27.1%31.3%35.3%22.2%42.7%39.5%36.2%62.1%
Operating margin11.0%20.0%23.7%23.7%11.7%23.1%11.7%17.2%
Net margin7.0%11.4%20.6%33.0%11.8%36.9%14.9%15.9%
Current ratio2.16×2.27×1.78×1.47×1.64×1.93×0.74×0.76×
Debt / equity0.09×0.04×0.16×0.15×0.2×0.03×0.17×0.21×
Interest coverage0×97.48×44.19×98.41×137×134.64×47.66×19.06×
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
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity5.4%7.9%20.4%32.1%9.4%32.3%32.9%49.4%
Return on invested capital4.7%7.7%18.0%20.1%7.7%19.6%22.1%32.7%
Return on assets4.1%6.4%15.0%22.9%6.0%21.7%17.8%18.2%
Free cash flow yield-5.4%11.1%12.5%7.4%-6.1%11.4%2.4%56.7%
Earnings yield8.3%7.6%12.2%18.3%4.6%12.0%13.9%28.9%
Enterprise value$28.4M$49.4M$99.6M$79.1M$59.3M$58M$27.4M$10.3M
Net debt / EBITDA-2.19×-1.85×-0.16×-0.47×-2.03×-3.49×-0.22×-0.58×
Cash conversion cycle (days)33161257-94546-23