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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
-132.2%
-$2.46
vs $7.63 price
Levered DCF
-$2.08
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
7.98
Safe zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-43.03×-8.56×-6.24×-10.38×-9.46×-21.17×99.7×-9.4×
P/B5.51×8.05×1.65×1.19×1.12×1.99×2.5×0.72×
P/S12.17×3.38×1.57×1.3×0.93×1.74×2.47×0.72×
EV / EBITDA204.5×-27.72×-19.15×-109.97×42.46×33.37×16.22×13.57×
Gross margin36.0%27.2%27.2%33.6%33.2%35.0%39.6%37.1%
Operating margin-1.6%-31.8%-24.7%-10.8%-7.4%-4.8%6.1%-4.8%
Net margin-28.6%-40.0%-25.2%-12.3%-10.0%-8.3%2.5%-7.9%
Current ratio4.96×1.66×1.93×3.18×2.35×2.45×2.87×3.09×
Debt / equity0.07×0.97×0.34×0.34×0.5×0.42×0.22×0.2×
Interest coverage-0.07×-10.57×-40.79×-12.55×-11.45×-8.55×6.32×-2.3×
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
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-13.0%-95.1%-26.5%-11.3%-11.9%-9.5%2.5%-8.0%
Return on invested capital-0.7%-17.9%-18.9%-7.3%-5.8%-3.9%2.7%-4.0%
Return on assets-10.6%-18.2%-16.7%-7.6%-7.0%-5.8%1.8%-5.8%
Free cash flow yield-1.9%-7.6%-3.3%-13.8%-0.5%2.4%1.5%-6.3%
Earnings yield-2.4%-11.8%-16.1%-9.5%-10.7%-4.8%1.0%-11.1%
Enterprise value$790.4M$136.2M$56.6M$50.4M$42.5M$74.3M$88.6M$26.3M
Net debt / EBITDA-21.29×-2.1×-2.33×-16.79×9.22×3.35×0.41×1.04×
Cash conversion cycle (days)159166109154114129177165