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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
-35.7%
$13.84
vs $21.51 price
Levered DCF
$12.67
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
2.47
Grey zone
Rating
B+
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-600×471×14.84×12.8×4.42×-3.38×-3.2×-39.73×
P/B1.05×0.88×1.4×1.21×1.14×0.41×0.63×0.64×
P/S0.62×0.56×0.75×0.63×0.59×0.25×0.29×0.24×
EV / EBITDA9.57×6.59×5.03×3.9×2.26×9.93×-23.52×6.8×
Gross margin8.2%9.0%13.7%9.5%17.1%1.9%1.9%7.9%
Operating margin0.1%0.9%7.5%4.0%11.3%-6.1%-7.6%1.8%
Net margin-0.1%0.1%5.1%4.9%13.3%-7.5%-9.1%-0.6%
Current ratio1.76×2.09×2.64×2.98×2.32×1.98×3.58×2.58×
Debt / equity0.02×0.02×0.03×0.05×0.09×0.2×0.32×0.31×
Interest coverage0.61×4×37.74×13.56×23.44×-4.05×-5.88×1.66×
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 equity-0.2%0.2%9.5%9.5%25.7%-12.2%-19.5%-1.6%
Return on invested capital-0.1%0.3%7.8%3.8%14.7%-5.9%-9.4%2.4%
Return on assets-0.1%0.1%5.9%6.0%14.8%-6.2%-10.1%-0.7%
Free cash flow yield-12.9%-3.9%7.2%12.9%24.4%74.5%9.2%-5.5%
Earnings yield-0.2%0.2%6.8%7.8%22.6%-29.5%-31.2%-2.6%
Enterprise value$577.2M$386.8M$771.1M$607.9M$557.2M$206.6M$508M$557.3M
Net debt / EBITDA-2.35×-3.81×-1.67×-1.44×-0.81×-0.17×-7.22×2.05×
Cash conversion cycle (days)7168604652688990