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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
-19.2%
$20.04
vs $24.81 price
Levered DCF
$23.90
After debt service
Piotroski score
—
Altman Z-score
—
Rating
A+
Overall 4 / 5
Ratios by fiscal year

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

MetricFY2025
P/E10.4×
P/B2.88×
P/S3.45×
EV / EBITDA5.24×
Gross margin46.4%
Operating margin41.1%
Net margin33.2%
Current ratio1.45×
Debt / equity0.02×
Interest coverage60.74×
Dividend yield0.4%
Payout ratio4.4%
Key metrics by fiscal year
MetricFY2025
Return on equity27.7%
Return on invested capital20.1%
Return on assets19.3%
Free cash flow yield8.3%
Earnings yield9.6%
Enterprise value$6.1B
Net debt / EBITDA-0.37×
Cash conversion cycle (days)-27