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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
-67.4%
$3.11
vs $9.54 price
Levered DCF
-$3.86
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-0.94
Distress zone
Rating
—
Ratios by fiscal year

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

MetricFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
P/E-7.69×-44.11×27.62×15.96×22.18×-14.89×-2.98×-11.11×
P/B34.15×6.82×5.33×4.83×3.3×3.21×2.56×1.6×
P/S27.35×19.04×26.07×18.79×9.45×2.83×0.66×0.92×
EV / EBITDA-9.77×16.04×16.43×21.14×134.66×1.67×0.32×0.5×
Gross margin100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Operating margin37.4%65.5%46.8%63.5%78.8%-16.3%-19.8%-5.3%
Net margin-356.1%-43.2%-103.3%27.0%22.7%-19.0%-22.0%-8.3%
Current ratio0×1.47×0.85×0.88×29.24×53.54×0.18×0.14×
Debt / equity5.64×1.02×0.9×0.66×0.48×0.5×0.46×0.21×
Interest coverage1.09×0×0×0×7.5×0×0×0×
Dividend yield10.7%9.9%9.5%7.7%8.0%8.4%4.7%4.1%
Payout ratio-82.3%-435.4%-240.3%535.0%334.4%-125.5%-14.1%-45.6%
Key metrics by fiscal year
MetricFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Return on equity-444.7%-15.5%-21.1%6.9%7.9%-21.5%-85.9%-14.4%
Return on invested capital1.6%8.9%4.4%7.9%5.0%-2.6%-19.8%-2.6%
Return on assets-15.3%-2.5%-3.3%1.1%1.4%-3.1%-9.0%-2.7%
Free cash flow yield-4.4%-3.5%-12.9%-21.3%-31.1%-70.2%12.8%23.3%
Earnings yield-13.0%-2.3%-4.0%1.4%2.4%-6.7%-33.5%-9.0%
Enterprise value$1.8B$1.9B$1.7B$2B$1.9B$1.8B$1.3B$2.1B
Net debt / EBITDA-1.22×1.83×1.99×1.96×12.69×0.14×-0.02×0.03×
Cash conversion cycle (days)13502,8392,4251,310441059