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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
-34118.5%
-$1,677.11
vs $4.93 price
Levered DCF
-$1,730.42
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
-1.09
Distress zone
Rating
A+
Overall 4 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020
P/E-0.62×-1.97×-6.41×-0.81×-2.17×-35.26×
P/B-8.2×20.13×7.73×-0.22×1.3×-4.27×
P/S0.57×5.46×14.14×2.49×7.11×72.46×
EV / EBITDA-1.03×-2.11×-6.45×-0.24×-4.15×-35.02×
Gross margin45.3%47.6%28.2%24.3%40.2%36.8%
Operating margin-141.7%-219.7%-169.9%-202.4%-200.4%-216.3%
Net margin-87.7%-277.7%-214.1%-204.5%-183.4%-205.5%
Current ratio1.43×3.26×6.22×2.21×0.91×5.04×
Debt / equity-7.06×6.09×0.17×-0.02×0.04×-0.03×
Interest coverage0×0×0×0×-7,288.43×-113.11×
Dividend yield0.0%0.0%81.6%0.0%0.0%0.0%
Payout ratio0.0%0.0%-538.5%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020
Return on equity1257.7%-1024.3%-117.1%17.8%-33.5%12.1%
Return on invested capital-108.9%-68.4%-49.7%-62.1%-33.5%-37.5%
Return on assets-48.8%-78.8%-55.5%-43.2%-30.9%-31.7%
Free cash flow yield-207.1%-34.9%-12.0%-102.8%-26.7%-3.5%
Earnings yield-153.3%-50.9%-15.1%-82.3%-25.8%-2.8%
Enterprise value$46.2M$309.1M$829.8M$17.2M$186.1M$1.3B
Net debt / EBITDA-0.32×-0.26×0.43×1.05×-0.11×1.37×
Cash conversion cycle (days)12135240248276258