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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
-669.7%
-$84.89
vs $14.90 price
Levered DCF
-$105.93
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
0.49
Distress 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-0.75×-0.72×-14.81×-76.28×115.38×-14.81×148.13×-34.95×
P/B-0.72×-4.72×5.25×6.62×11.16×11.7×4.82×5.6×
P/S0.07×0.05×0.28×0.5×0.88×0.88×0.53×0.64×
EV / EBITDA-64.94×245.85×20.15×23.02×23.71×369.12×19.53×18.13×
Gross margin8.9%34.3%16.7%15.7%17.3%13.1%17.1%15.8%
Operating margin-1.0%-5.6%-1.0%-0.2%1.2%-5.1%1.2%-0.8%
Net margin-8.6%-7.3%-2.0%-0.7%0.8%-5.9%0.4%-1.8%
Current ratio0.31×0.31×0.34×0.34×0.29×0.41×0.51×0.7×
Debt / equity-5.82×-52.25×11.01×6.89×6.64×9.44×5.73×0.85×
Interest coverage-0.47×-3.31×-1.05×-0.34×2.79×-6.37×1.85×-0.87×
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 equity94.0%649.1%-36.3%-8.6%9.7%-78.3%3.3%-16.0%
Return on invested capital-2.2%-9.5%-1.5%-0.3%1.9%-6.2%1.5%-2.6%
Return on assets-16.3%-11.2%-2.7%-1.0%1.1%-6.6%0.4%-4.9%
Free cash flow yield-15.8%-80.6%-17.2%-9.6%4.1%-0.8%4.6%-3.0%
Earnings yield-131.4%-137.6%-6.9%-1.3%0.9%-6.7%0.7%-2.9%
Enterprise value$295M$316.7M$438.6M$516.5M$667.3M$620.1M$523.1M$335.3M
Net debt / EBITDA-57.81×225.42×13.6×11.71×8.79×162.25×10.42×2.18×
Cash conversion cycle (days)-20-20-3734