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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
-1102.6%
-$16.64
vs $1.66 price
Levered DCF
-$44.11
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
-11.23
Distress 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-0.27×-0.86×-0.29×-3.15×-14.03×-58.32×-296.62×-125.93×
P/B0.61×3.03×0.7×17.65×17.59×32.71×-361.79×-346.26×
P/S0.8×2.97×1.88×53.34×0×248.73×9,941.73×0×
EV / EBITDA-0.11×-0.9×-0.08×-7.12×-13.01×0×0×-1,788.08×
Gross margin48.6%40.8%45.8%26.0%0.0%100.0%100.0%0.0%
Operating margin-299.1%-348.7%-330.5%-1002.1%0.0%-281.4%-1513.7%0.0%
Net margin-294.9%-346.2%-326.4%-845.9%0.0%-355.3%-1676.2%0.0%
Current ratio1.44×0.77×1.57×0.66×2.33×4.94×0.06×0.37×
Debt / equity0.33×0.09×0.14×0.5×0×0×-0.99×-1.11×
Interest coverage-1,174.37×-174.82×-61.52×-56.35×-1,105.83×-5.09×-6.24×-8.78×
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-225.6%-352.7%-121.9%-279.9%-125.4%-46.7%61.0%159.0%
Return on invested capital-176.1%-334.7%-109.5%-239.0%-108.4%-30.7%3521.8%-184.6%
Return on assets-104.1%-128.1%-73.7%-102.7%-67.2%-32.2%-127.8%-315.2%
Free cash flow yield-355.8%-109.2%-167.7%-11.8%-3.2%-2.3%-0.0%-0.3%
Earnings yield-367.0%-116.5%-174.0%-15.9%-7.1%-1.4%-0.2%-0.5%
Enterprise value$1.2M$8.3M$680.3K$67.4M$108.3M$480M$1.9B$1.6B
Net debt / EBITDA0.19×0.08×0.59×-0.04×0.99×0×0×-5.5×
Cash conversion cycle (days)241381531570387380