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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
-99.0%
$0.74
vs $72.16 price
Levered DCF
$0.81
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
-1.53
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-8.74×0.13×-7.42×-6.81×-20.31×-10.94×-14.63×-17.94×
P/B153.07×1.67×41.17×17.02×31.69×11.04×-8.06×-9.69×
P/S941.13×1,114.64×994.97×450.85×232.97×65.03×82.93×64.99×
EV / EBITDA-9.62×0.05×-8.34×-7.32×-21.24×-11.16×-19.71×-19.67×
Gross margin-91.0%-1042.5%33.8%-4926.7%62.3%0.0%-426.9%-289.2%
Operating margin-10386.5%-165724.0%-12178.9%-5890.4%-1076.1%-526.6%-450.4%-343.4%
Net margin-10773.5%843786.0%-13408.9%-6625.3%-1147.6%-594.3%-565.3%-362.6%
Current ratio3.93×3.94×5.25×10.17×6.2×4.21×0.76×0.35×
Debt / equity13.39×0.06×4.83×3.57×1.38×0.5×-0.45×-0.16×
Interest coverage-11.07×-24.57×-6.89×-8.02×-14.7×-6.24×-7.16×-19.94×
Dividend yield0.0%5.5%0.0%0.0%0.0%0.0%0.0%0.1%
Payout ratio0.0%0.7%0.0%0.0%0.0%0.0%0.0%-2.7%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-1752.2%1263.3%-554.8%-250.1%-156.1%-100.9%54.9%54.1%
Return on invested capital-117.4%-234.0%-86.4%-48.7%-59.1%-59.2%-386.8%11053.6%
Return on assets-95.6%933.6%-78.4%-49.9%-54.3%-53.0%-194.0%-312.1%
Free cash flow yield-10.6%-88.4%-11.1%-11.7%-4.9%-5.9%-4.5%-4.4%
Earnings yield-11.4%757.0%-13.5%-14.7%-4.9%-9.1%-6.8%-5.6%
Enterprise value$1.2B$78.4M$1.7B$921.5M$1.6B$741.6M$784.3M$566M
Net debt / EBITDA0.14×-0.08×0.33×0.53×0.79×1.37×-0.76×-0.26×
Cash conversion cycle (days)-824-710-3,19915-1,3131818-17