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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
-97.1%
$2.31
vs $78.62 price
Levered DCF
$2.53
After debt service
Piotroski score
1 / 9
Weak
Altman Z-score
18.78
Safe zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020
P/E-13.21×-16.01×-16.89×-0.44×-0.65×-4.07×
P/B3.79×3.95×3.73×0.12×-0.36×-7.61×
P/S0×0×0×0×0×0×
EV / EBITDA-13.05×-14.66×-12.21×3.69×1.71×-5.44×
Gross margin0.0%0.0%0.0%0.0%0.0%0.0%
Operating margin0.0%0.0%0.0%0.0%0.0%0.0%
Net margin0.0%0.0%0.0%0.0%0.0%0.0%
Current ratio21.94×21.17×17.06×8.79×6.74×0.2×
Debt / equity0×0.07×0.01×0.01×-0.11×-0.99×
Interest coverage-65.43×-226.78×0×0×-14.33×-4.99×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020
Return on equity-28.7%-24.7%-22.1%-26.5%56.0%186.8%
Return on invested capital-30.6%-27.4%-26.2%-26.7%-36.7%-25787.9%
Return on assets-26.3%-22.0%-20.8%-23.4%-38.9%-490.9%
Free cash flow yield-6.5%-5.4%-5.7%-205.1%-118.3%-19.7%
Earnings yield-7.6%-6.2%-5.9%-226.5%-154.2%-24.6%
Enterprise value$2.7B$1.6B$930.7M-$172.6M-$57.7M$183.4M
Net debt / EBITDA0.43×1.5×4.7×4.14×2.4×-0.51×
Cash conversion cycle (days)00000-2,694