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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
-747.7%
-$24.81
vs $3.83 price
Levered DCF
-$41.44
After debt service
Piotroski score
1 / 9
Weak
Altman Z-score
1.63
Distress zone
Rating
B
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E97.22×14.48×-15.79×-0.73×-5.61×-6.01×-3.05×-2.43×
P/B1.91×2.7×1.46×1.58×2.51×3.65×2.89×3.4×
P/S1.93×1.58×0.9×1.45×3.29×5.23×4.61×4.49×
EV / EBITDA16.2×8.73×13.87×-12.5×-6.38×-12.08×61.28×-75.85×
Gross margin43.4%42.7%40.5%34.4%16.5%21.3%35.0%21.5%
Operating margin7.0%14.5%1.4%-22.6%-62.9%-55.6%-18.5%-33.1%
Net margin1.8%10.8%-5.7%-35.3%-65.3%-87.0%-37.7%-46.2%
Current ratio6.03×3.71×2.76×2.49×2.73×3.42×3.63×4.89×
Debt / equity0.03×0.05×0.06×0.08×0.06×0.08×0.05×0×
Interest coverage0×0×0.77×-10.89×0×0×-120.22×0×
Dividend yield0.0%0.0%2.9%5.2%3.3%1.5%1.5%0.9%
Payout ratio0.0%0.0%-45.7%-21.4%-16.8%-9.1%-18.2%-8.6%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity1.8%18.6%-9.1%-38.3%-49.8%-60.6%-23.7%-35.0%
Return on invested capital1.7%17.1%-10.0%-22.8%-45.1%-35.8%-10.8%-24.6%
Return on assets1.5%13.8%-6.2%-26.9%-35.9%-46.4%-19.4%-30.4%
Free cash flow yield2.4%0.3%-15.9%-9.6%-23.6%-6.2%-7.1%-4.1%
Earnings yield0.9%6.9%-6.3%-24.3%-19.8%-16.6%-8.2%-10.3%
Enterprise value$61.1M$69.9M$29M$37.4M$72.8M$108.7M$137.1M$183.3M
Net debt / EBITDA-4.76×-0.5×-1.9×-0.32×0.29×0.25×-0.35×3.88×
Cash conversion cycle (days)269244263308355295296203