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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
+82.7%
$7.67
vs $4.20 price
Levered DCF
$9.13
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
-0.08
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/E-18.14×-105.77×38.92×667.19×15.75×-5.18×-0.42×-0.76×
P/B3.02×5.43×2.11×1.88×8.02×9.82×-0.2×-0.39×
P/S2.07×3.21×1.22×1.15×1.86×1.37×0.51×0.74×
EV / EBITDA-71.14×57.32×11.79×13.12×8.84×-13.85×-5.3×-3.36×
Gross margin66.0%64.0%56.8%58.4%60.6%60.5%77.6%68.8%
Operating margin-10.8%-1.0%6.6%9.1%9.7%-24.7%-45.5%-61.9%
Net margin-11.3%-3.0%3.1%0.2%11.8%-26.7%-84.1%-98.3%
Current ratio1.03×0.83×1.14×0.82×1.04×0.96×0.12×1.12×
Debt / equity0.15×0.33×0.58×0.82×2.14×4.42×-0.78×-0.94×
Interest coverage-21.21×-0.47×1.88×1.58×2.45×-3.2×-1.18×-1.7×
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-16.5%-5.1%5.3%0.3%51.0%-190.7%33.5%51.7%
Return on invested capital-13.7%-1.2%7.2%8.1%12.3%-24.0%81.1%558.8%
Return on assets-10.8%-2.9%2.7%0.1%11.4%-21.3%-216.2%-166.4%
Free cash flow yield1.7%5.2%1.1%8.8%3.7%0.4%-76.2%-65.5%
Earnings yield-5.5%-0.9%2.5%0.1%6.4%-19.4%-164.6%-132.0%
Enterprise value$33.4M$58.8M$25.1M$20.4M$25.3M$14.5M$5.8M$4.9M
Net debt / EBITDA1.86×1.04×2.09×2.78×1.38×-3.04×-4.12×-2.15×
Cash conversion cycle (days)404067284653-53-131