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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
+15255.7%
$135.16
vs $0.88 price
Levered DCF
-$296.70
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
0.04
Distress zone
Rating
A-
Overall 4 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021
P/E0.39×-0.09×-1.11×-11.73×-40.5×
P/B0.08×0.19×-3.56×152.64×1.35×
P/S0.19×0.09×1.15×5.14×0×
EV / EBITDA0.1×0.29×-1.13×-14.85×-40.33×
Gross margin-3.3%-6.9%-1.5%9.4%0.0%
Operating margin-109.7%-89.6%-102.4%-35.4%0.0%
Net margin50.0%-90.8%-103.3%-35.4%0.0%
Current ratio0.58×1.68×0.46×0.72×34.14×
Debt / equity0.02×0.16×-0.54×2.75×0×
Interest coverage0×-75.22×-120.74×0×0×
Dividend yield0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021
Return on equity20.9%-195.5%320.5%-1051.0%-3.3%
Return on invested capital-44.8%-166.8%10908.4%-280.0%-0.1%
Return on assets17.9%-117.9%-219.8%-158.2%-3.0%
Free cash flow yield-463.8%-649.9%-27.4%-0.1%-0.0%
Earnings yield258.8%-1004.6%-90.1%-6.9%-2.5%
Enterprise value$449.7K-$3.6M$14M$112.9M$142.8M
Net debt / EBITDA-0.29×0.39×-0×-0.07×0.17×
Cash conversion cycle (days)-59-3-46-40