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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
-847.8%
-$17.27
vs $2.31 price
Levered DCF
-$9.26
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
-2.25
Distress zone
Rating
D+
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-14.83×-9.34×-11.84×-1.24×-1.7×-1.54×-1.67×-5×
P/B6.65×-37.17×80.18×-8.8×3.89×68.85×-6.01×6.89×
P/S0.79×0.96×1.84×0.5×1.13×2.5×0.48×0.74×
EV / EBITDA-81.36×-29.16×-32.49×-1.68×-1.13×-1.48×-2.22×-3.36×
Gross margin79.8%88.7%87.6%84.3%80.6%76.2%79.7%76.3%
Operating margin-4.0%-7.6%-9.5%-36.5%-58.5%-155.0%-23.2%-24.7%
Net margin-3.7%-8.9%-13.5%-38.3%-65.6%-157.3%-25.2%-14.9%
Current ratio1.25×0.81×1.22×0.36×1.97×0.89×0.69×1.35×
Debt / equity0.27×-4.58×5.4×-0.6×0.07×0.79×-0.85×0.28×
Interest coverage-5.64×-7.4×-5.58×-34.05×-17.98×-34.67×-3.8×-5.8×
Dividend yield2.0%1.5%1.1%5.2%0.8%1.4%0.0%0.0%
Payout ratio-43.7%-16.5%-15.1%-6.8%-1.4%-2.2%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-30.7%344.2%-587.6%666.7%-226.8%-4331.6%317.5%-138.2%
Return on invested capital-26.0%-76.3%-58.8%2016.2%-195.5%-16872.2%-978.3%-112.7%
Return on assets-10.1%-26.1%-35.2%-177.4%-122.0%-437.6%-91.0%-47.4%
Free cash flow yield-0.8%2.9%0.0%-59.6%-34.9%-13.4%4.2%-16.3%
Earnings yield-4.6%-9.3%-7.3%-75.8%-58.3%-62.9%-52.8%-20.1%
Enterprise value$123.4M$194M$266.9M$60.3M$65M$85.1M$5.7M$6.3M
Net debt / EBITDA20.08×1.49×1.73×-0×0.69×0.14×0.1×-0.04×
Cash conversion cycle (days)-88-186-148-117-147-367-29333