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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
-504.0%
-$4.36
vs $1.08 price
Levered DCF
-$6.93
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
-8.77
Distress zone
Rating
D+
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-1.58×-1.78×-0.09×-0.48×-2.42×-1.85×-1.83×-1.85×
P/B4.45×2.47×0.22×0.83×1.41×2.51×17.71×0.39×
P/S6.9×36.25×1.49×10.97×10.95×16.03×28.7×26.63×
EV / EBITDA-2×-1.88×-0.23×-0.32×-0.91×-1.82×-1.88×3.44×
Gross margin17.6%0.7%13.3%7.3%66.1%26.7%-42.7%30.5%
Operating margin-428.0%-1677.9%-1579.7%-1293.5%-513.4%-705.7%-1586.2%-1433.1%
Net margin-428.3%-2018.3%-1598.3%-1314.8%-447.1%-644.0%-1570.6%-1434.5%
Current ratio0.81×0.96×0.87×6.79×12.93×10.61×0.91×9.96×
Debt / equity0.6×0.08×0.26×0×0×0×0.08×0×
Interest coverage-14.37×0×-149.05×-674.18×-752.79×-409.75×0×0×
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
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-276.2%-137.4%-234.4%-99.2%-57.4%-100.7%-969.1%-21.0%
Return on invested capital-166.5%-106.1%-183.2%-97.6%-65.9%-108.6%-909.0%-21.0%
Return on assets-121.7%-101.9%-144.1%-88.2%-53.4%-91.2%-373.7%-18.9%
Free cash flow yield-18.2%-30.9%-990.0%-204.8%-36.8%-39.5%-48.0%-74.4%
Earnings yield-62.1%-55.7%-1074.2%-119.9%-40.8%-40.2%-54.7%-53.9%
Enterprise value$27.4M$17.7M$1.2M$1.4M$6.6M$9.2M$11.5M-$18.5M
Net debt / EBITDA-0.13×0.05×-0.1×0.67×1.57×0.73×0.01×5.37×
Cash conversion cycle (days)-75-8513341,047419477-31-294