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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
-258.7%
-$15.65
vs $9.86 price
Levered DCF
-$17.27
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
0.5
Distress 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-23.19×-3.92×0.75×-191.2×-4.89×-40.21×
P/B-2.59×-1.11×-0.19×-3.14×-3.36×-10.66×
P/S9.22×4.89×0.57×2.1×2.4×3.94×
EV / EBITDA-23.39×-24.4×5.55×-50.28×-5.92×-52.56×
Gross margin15.6%16.5%-26.3%12.1%-38.3%3.8%
Operating margin-41.5%-25.2%-70.7%-6.4%-52.2%-9.9%
Net margin-39.7%-124.3%79.0%-7.5%-49.1%-9.6%
Current ratio4.96×2.97×0.38×0.43×0.52×0.69×
Debt / equity-0.5×-0.04×-0.19×-0.45×-0.29×-0.31×
Interest coverage-20.88×0×-68.33×-6.59×-169.14×0×
Dividend yield0.0%0.0%17.6%0.0%0.0%0.0%
Payout ratio0.0%0.0%12.7%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020
Return on equity11.1%28.2%-26.9%11.1%68.8%26.0%
Return on invested capital-13.6%-22.2%-325.1%48.3%306.8%59.8%
Return on assets-11.0%-79.7%73.1%-9.6%-82.0%-11.2%
Free cash flow yield-2.9%-6.1%-166.4%-8.6%-11.3%3.2%
Earnings yield-4.3%-25.4%139.0%-3.5%-20.5%-2.4%
Enterprise value$2.2B$1.2B$95.7M$227.2M$204.8M$200.5M
Net debt / EBITDA2.21×3.37×2.25×0×0.41×4.92×
Cash conversion cycle (days)-76224-257-36