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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
-133.9%
-$7.54
vs $22.28 price
Levered DCF
$49.84
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
1.37
Distress 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-21.52×64.81×-4.08×-7.61×17.92×20.84×29.53×-387.05×
P/B1.42×1.49×0.8×0.85×1.27×1.76×1.25×1.63×
P/S1.02×1.2×0.58×0.56×0.76×0.97×0.76×0.96×
EV / EBITDA-29.81×-8.35×-11.69×-17.8×8.15×9.56×13.22×14.24×
Gross margin36.2%29.1%33.6%26.9%31.3%29.6%29.5%32.3%
Operating margin-5.1%1.8%-4.5%-8.9%5.7%6.0%2.6%3.7%
Net margin-4.7%1.8%-14.1%-7.4%4.2%4.6%2.6%-0.2%
Current ratio2.69×2.81×2.83×2.41×2.59×2.45×2.49×2.23×
Debt / equity0.1×0.06×0.08×0.07×0.04×0.05×0.06×0×
Interest coverage0×0×0×0×0×0×0×0×
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 equity-6.6%2.3%-19.6%-11.1%7.1%8.5%4.2%-0.4%
Return on invested capital-5.9%1.0%-5.6%-10.2%6.7%8.3%3.4%2.6%
Return on assets-3.9%1.5%-12.4%-6.8%4.6%5.3%2.7%-0.3%
Free cash flow yield-2.7%19.3%11.9%-3.7%-1.6%14.1%-0.1%-11.3%
Earnings yield-4.6%1.5%-24.5%-13.1%5.6%4.8%3.4%-0.3%
Enterprise value$549.7M$549.8M$292.8M$423.9M$647.4M$902.9M$602.8M$819.8M
Net debt / EBITDA8.62×3.89×5.4×4.26×-2.97×-3.3×-3.41×-3.49×
Cash conversion cycle (days)185164241223192132182158