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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
+4031.9%
$68.59
vs $1.66 price
Levered DCF
-$83.98
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
-10.24
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-2.32×-25.37×-16.73×-70.63×141.58×-7.7×-2,276,658.72×1,785.07×
P/B0.23×27.48×189.98×65.76×67.48×191.5×4,392,533.88×26.32×
P/S0.27×219×125.2×0×0×0×0×0×
EV / EBITDA-0.62×-33.53×-19.09×-63.55×-512.95×0×0×-3,322.37×
Gross margin27.9%27.2%-384.7%0.0%0.0%0.0%0.0%0.0%
Operating margin-64.2%-1070.5%-894.4%0.0%0.0%0.0%0.0%0.0%
Net margin-11.8%-858.9%-748.5%0.0%0.0%0.0%0.0%0.0%
Current ratio0.53×0.54×0.56×1.52×2.45×1.09×0.13×50.68×
Debt / equity0.14×0.17×4.43×0.28×0.02×0×14×0×
Interest coverage-385.6×-31.33×-67.51×-560.44×-297.87×-478.8×0×0×
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 equity-10.1%-107.8%-1135.7%-93.2%47.6%-2486.8%-200.0%1.5%
Return on invested capital-30.9%-99.9%-153.5%-85.6%-13.6%-65.0%-13.3%-0.8%
Return on assets-4.5%-49.0%-73.2%-41.8%34.0%-293.4%-11.8%1.5%
Free cash flow yield-217.2%-2.4%-3.4%-2.1%-1.0%-0.4%-0.0%-0.0%
Earnings yield-43.0%-3.9%-6.0%-1.4%0.7%-13.0%-0.0%0.1%
Enterprise value$5.4M$353.5M$530.1M$1.9B$3.3B$1.4B$4.4B$1.3B
Net debt / EBITDA-0.19×-0.19×-0.41×-0.1×1.06×0×0×0.04×
Cash conversion cycle (days)88153637770000