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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
+5.9%
$9.23
vs $8.71 price
Levered DCF
$3.99
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
15.46
Safe zone
Rating
A+
Overall 5 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E1.37×-0.67×-2.43×-6.32×-20.8×-4.03×-8.39×-11.49×
P/B0.97×5.65×-0.71×1.52×4.61×2.64×3.37×3.25×
P/S0.76×0×-19.62×40.68×0×191.83×523.31×119.96×
EV / EBITDA0.25×0.61×-3.26×-6.86×-25.68×-2.61×-8.38×-10.24×
Gross margin100.0%0.0%100.0%100.0%0.0%0.0%100.0%100.0%
Operating margin31.5%0.0%725.5%-589.8%0.0%-4821.0%-6599.2%-1126.0%
Net margin55.5%0.0%808.0%-643.6%0.0%-4762.9%-6237.5%-1044.3%
Current ratio4.85×4.97×2.04×7.71×11.14×9.69×21.54×9.84×
Debt / equity0.37×3.33×-0.28×0.17×0.14×0.08×0×0×
Interest coverage15.37×-60.09×0×0×0×0×0×0×
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 equity71.0%-841.1%29.4%-24.1%-22.1%-65.7%-40.2%-28.3%
Return on invested capital29.5%-83.1%-140.4%-18.9%-18.8%-53.5%-36.9%-25.3%
Return on assets48.3%-51.7%-114.2%-18.7%-17.7%-48.8%-33.5%-21.5%
Free cash flow yield-82.1%-211.4%-14.3%-5.0%-14.3%-18.9%-13.0%-10.6%
Earnings yield73.0%-148.9%-41.2%-15.8%-4.8%-24.8%-11.9%-8.7%
Enterprise value$7.9M-$27M$155.7M$266.5M$697.2M$316.3M$818.1M$600.2M
Net debt / EBITDA-1.05×1.33×-0.53×0.1×3.11×1.66×0.55×0.65×
Cash conversion cycle (days)00-41580548855