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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
-2395588.7%
-$39,046.47
vs $1.63 price
Levered DCF
-$54,623.12
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-144.44
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-0.5×-0.39×-0.25×-0.29×-0.01×-1.69×-3.61×-4.37×
P/B6×0.17×0.15×0.14×0.02×2.34×7.44×4.14×
P/S0×0.64×0.42×0.55×0.24×0×0×0×
EV / EBITDA-0.46×1.5×0.81×1.23×0.37×-1.04×-4.37×-4.64×
Gross margin22.3%34.5%23.9%33.9%49.9%0.0%0.0%0.0%
Operating margin-0.3%-160.2%-176.9%-202.6%-1266.0%0.0%0.0%0.0%
Net margin-0.4%-165.1%-166.9%-192.2%-1707.3%0.0%0.0%0.0%
Current ratio1.37×6.99×4.41×5.66×2.89×3.78×3.77×11.87×
Debt / equity0×0.06×0.1×0.03×0.09×0.04×0.05×0×
Interest coverage-924.78×-21.22×0×0×0×-33.78×-491.56×0×
Dividend yield6688.8%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio-3436.6%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-1168.4%-44.6%-61.0%-49.6%-159.1%-138.7%-152.1%-72.1%
Return on invested capital-920.5%-41.0%-58.5%-50.7%-108.5%-128.7%-147.7%-97.4%
Return on assets-414.5%-38.5%-47.5%-42.5%-113.0%-104.6%-114.6%-66.4%
Free cash flow yield-133933.7%-244.9%-365.0%-328.0%-5930.4%-45.8%-17.0%-11.7%
Earnings yield-194.6%-257.3%-400.5%-350.2%-7060.6%-59.2%-20.4%-17.4%
Enterprise value$4.3M-$10.9M-$5.8M-$9M-$6.7M$12.6M$38.2M$47.6M
Net debt / EBITDA0.24×1.94×1.09×1.54×0.38×0.72×0.63×0.96×
Cash conversion cycle (days)-01381272201,17900-4,629