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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
+254.9%
$28.07
vs $7.91 price
Levered DCF
$31.55
After debt service
Piotroski score
6 / 9
Average
Altman Z-score
0.71
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/E7.79×-37.9×-5.65×-10.52×-20.82×18.53×-4.9×-27.59×
P/B-4.33×-5.49×2.51×3.13×3.49×-4.8×-1.3×-5.24×
P/S0.46×1.04×0.37×0.62×0.99×1.17×0.44×1.16×
EV / EBITDA7.11×9.7×5.79×7.83×13.35×5.02×13.85×20.7×
Gross margin21.4%37.3%36.4%34.2%30.1%31.4%32.1%25.1%
Operating margin14.8%15.2%10.8%8.5%6.4%5.2%1.9%3.9%
Net margin5.8%2.7%-0.2%-0.3%0.3%6.3%-9.0%-4.2%
Current ratio1.07×1.05×1.03×1.04×1.03×0.91×1.01×1.19×
Debt / equity-10.42×-5.58×5.76×4.6×4.18×-3.83×-3.88×-4.31×
Interest coverage1.61×1.5×1.07×1.05×0.91×0.47×0.18×0.55×
Dividend yield0.0%8.5%8.9%2.8%1.5%0.0%0.0%1.4%
Payout ratio0.0%325.6%-1885.4%-533.0%537.1%0.0%0.0%-39.7%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-55.5%-14.4%-1.2%-1.6%1.0%-26.0%26.6%19.0%
Return on invested capital14.3%11.0%-1.9%-5.0%-1.5%6.3%1.9%5.1%
Return on assets2.3%1.3%-0.1%-0.2%0.1%6.1%-7.2%-4.7%
Free cash flow yield17.3%7.0%21.5%12.5%-0.1%1.0%-49.9%-14.2%
Earnings yield12.8%2.6%-0.5%-0.5%0.3%5.4%-20.4%-3.6%
Enterprise value$1.4B$1.8B$877.9M$998.2M$1.1B$840.9M$650.7M$882.6M
Net debt / EBITDA4.91×4.73×3.95×4.6×7.17×2.2×10.35×9.14×
Cash conversion cycle (days)26202138361129-0