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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
-70.6%
$9.19
vs $31.26 price
Levered DCF
$27.22
After debt service
Piotroski score
7 / 9
Strong
Altman Z-score
2.56
Grey zone
Rating
A-
Overall 4 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E32.24×-1.33×-8.53×5.26×2.24×-11.56×25.57×28.26×
P/B0.73×0.6×0.45×0.53×0.84×0.76×0.8×0.8×
P/S1.21×1.11×1.09×1.12×2.07×1.59×1.59×1.6×
EV / EBITDA5.44×13.31×-100.68×2.72×6.62×32.27×7.54×7.46×
Gross margin17.5%11.4%13.2%41.9%20.6%5.3%19.8%18.4%
Operating margin5.2%-7.8%-15.8%28.3%11.9%-11.8%7.4%7.4%
Net margin3.7%-83.6%-12.8%21.4%92.4%-13.8%6.2%5.7%
Current ratio4.38×4.84×3.27×3.51×2.14×2.02×1.66×4.18×
Debt / equity0.01×0.01×0.01×0×0×0.14×0.13×0.12×
Interest coverage0×-177.3×0×944.95×21.98×-5.42×5.4×4.02×
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 equity2.3%-44.9%-5.2%10.1%37.7%-6.6%3.1%2.8%
Return on invested capital2.5%-3.6%-4.9%9.6%4.7%-4.7%3.2%3.1%
Return on assets1.8%-35.8%-4.6%9.1%32.6%-4.9%2.4%2.2%
Free cash flow yield7.1%11.9%-7.2%5.3%10.6%4.7%-9.0%14.2%
Earnings yield3.1%-75.4%-11.7%19.0%44.6%-8.7%3.9%3.5%
Enterprise value$282.7M$245.3M$307M$363.4M$525.1M$351.2M$385.1M$349.4M
Net debt / EBITDA-1.51×-2.01×-0.7×-0.12×-0.44×3.43×0.69×0.35×
Cash conversion cycle (days)193202184209168205216202