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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
-26494.2%
-$745.64
vs $2.83 price
Levered DCF
-$868.43
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-41.73
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020
P/E-0.56×-0.38×-0.49×-1.06×-1.17×-2.18×-1.47×
P/B0.02×16.05×0.45×29.14×-0.93×-2.95×17.85×
P/S1,185.36×757.08×175.12×1,304.65×392.55×220.02×87.77×
EV / EBITDA-275.91×-0.63×0.25×-1.11×-2.46×-3.49×-1.62×
Gross margin-2982.1%-2884.7%-444.2%-476.9%-139.7%-72.9%-71.8%
Operating margin-194787.4%-192013.1%-33902.0%-118698.3%-32765.6%-10030.2%-5949.0%
Net margin-211666.5%-201499.5%-35511.9%-123384.3%-33592.6%-9577.3%-5938.0%
Current ratio0.53×0.59×4.2×1.47×0.56×1.47×1.35×
Debt / equity17.46×14.55×0.14×6.79×-1.02×-1.61×2.99×
Interest coverage-11.17×-16.69×-17.81×-25.14×-12.67×-19.39×-1,358.3×
Dividend yield0.0%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%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020
Return on equity-4.1%-4272.2%-90.3%-2756.1%79.7%128.4%-1207.8%
Return on invested capital-0.2%-261.8%-75.5%-308.1%-1385.7%-197.3%-303.4%
Return on assets-0.2%-207.6%-69.5%-193.3%-231.1%-127.2%-194.9%
Free cash flow yield-145.9%-226.0%-190.2%-86.2%-64.6%-43.5%-68.4%
Earnings yield-178.6%-266.2%-202.8%-94.6%-85.6%-43.5%-67.7%
Enterprise value$2.3B$5.2M-$1.5M$6.6M$10.9M$8M$6.1M
Net debt / EBITDA-275.29×-0.23×0.78×0.02×-1.18×-1.03×-0.12×
Cash conversion cycle (days)924,8581,297653553-1593,4211,649