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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
-100.3%
-$0.02
vs $5.03 price
Levered DCF
-$0.02
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
3.12
Safe zone
Rating
C+
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-30.78×-138.46×-186.03×-214.29×-826.09×-2,250×-3,807.69×-9,000×
P/B-201.1×442.23×1,569.76×813.65×570.73×-3,944.82×7,956.76×10,551.81×
P/S1,613.48×3,210.86×0×0×0×0×0×0×
EV / EBITDA-46.19×-137.72×-185.69×-213.03×-896.54×-2,647.67×-3,772.56×-9,124.82×
Gross margin-424.9%-196.8%0.0%0.0%0.0%0.0%0.0%0.0%
Operating margin-3580.4%-2391.1%0.0%0.0%0.0%0.0%0.0%0.0%
Net margin-4222.9%-2342.3%0.0%0.0%0.0%0.0%0.0%0.0%
Current ratio0.57×3.02×1.44×2.34×10.89×5.95×5.26×8.58×
Debt / equity-1.41×0.03×0.06×0.05×0×-1.45×0×0×
Interest coverage-5.23×0×0×-229.04×-22.43×-11.06×0×0×
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
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity526.3%-322.6%-849.0%-381.5%-69.0%174.1%-211.2%-115.7%
Return on invested capital-1085.6%-300.5%-794.1%-357.8%-59.9%-180.0%-211.3%-115.2%
Return on assets-326.5%-209.6%-310.8%-228.0%-62.3%-198.2%-172.7%-102.4%
Free cash flow yield-1.6%-0.7%-0.5%-0.4%-0.1%-0.0%-0.0%-0.0%
Earnings yield-2.6%-0.7%-0.5%-0.5%-0.1%-0.0%-0.0%-0.0%
Enterprise value$700.7M$3.2B$5.4B$6.4B$18.7B$31.8B$31.8B$31.8B
Net debt / EBITDA-0.14×0.33×0.2×0.34×0.85×-0.5×0.51×0.91×
Cash conversion cycle (days)-18522-4,629-1,51700-498-852