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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
-235.1%
-$45.31
vs $33.55 price
Levered DCF
-$50.55
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
-5.14
Distress zone
Rating
C-
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-1.99×-1.43×-1.25×-0.41×-4.17×-10.56×-29.09×-56.71×
P/B-4.7×2.68×0.46×0.21×3.16×4.71×9.25×9.92×
P/S0×0×0×0×0×0×0×0×
EV / EBITDA-2.24×-2.49×-1.2×0.45×-3.42×-9.47×-26.1×-56.67×
Gross margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Operating margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Current ratio0.53×6.05×8.09×30.55×7.85×8.11×11.93×49.82×
Debt / equity-0.52×0.49×0.16×0×0.01×0×0×0×
Interest coverage0×0×0×-91.58×0×0×0×-12.66×
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 equity235.1%-188.5%-36.9%-51.4%-75.8%-44.6%-32.0%-17.5%
Return on invested capital-73.7%-53.4%-20.2%-51.1%-75.4%-45.7%-33.9%-17.0%
Return on assets-89.8%-49.6%-17.4%-49.7%-67.5%-40.6%-29.7%-17.1%
Free cash flow yield-24.9%-39.8%-47.2%-207.0%-16.8%-6.3%-3.1%-1.7%
Earnings yield-50.0%-70.2%-80.3%-242.1%-24.0%-9.5%-3.5%-1.8%
Enterprise value$180.5M$89.5M$32.2M-$22.8M$306.5M$744.1M$1B$683.9M
Net debt / EBITDA-0.16×-0.24×0.26×0.87×0.77×0.85×1.31×2.06×
Cash conversion cycle (days)-5,714000000-3,543