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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
-661.9%
-$38.83
vs $6.91 price
Levered DCF
-$43.81
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
-7.74
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-5.56×-81.6×-5.25×-0.53×-1.18×-2.47×-4.78×-3.72×
P/B0.81×1.94×2.07×0.71×15.17×2.24×7.32×4.38×
P/S0.43×0.62×0.53×0.14×0.62×1.23×2.42×1.88×
EV / EBITDA-15.9×20.73×-10.34×-1×-1.94×-1.93×-4.48×-3.07×
Gross margin16.9%17.2%10.4%5.6%-3.9%4.4%4.6%-2.5%
Operating margin-6.8%0.6%-8.0%-23.0%-49.0%-45.7%-55.6%-51.2%
Net margin-7.7%-0.5%-10.1%-25.7%-52.8%-49.7%-55.7%-50.7%
Current ratio3.98×2.63×1.73×2×1.68×5.43×2.98×3.55×
Debt / equity0.34×0.42×0.63×1.16×11.4×0.7×0.2×0×
Interest coverage-4.17×0.48×-2.9×-8.67×-12.85×-15.13×0×0×
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-14.4%-1.5%-39.6%-132.4%-1288.9%-90.4%-168.0%-117.8%
Return on invested capital-9.5%1.3%-17.7%-50.7%-81.0%-43.0%-91.5%-82.4%
Return on assets-9.3%-0.8%-16.2%-40.1%-67.3%-39.7%-77.0%-61.1%
Free cash flow yield-4.0%5.0%-22.0%-172.7%-88.6%-40.2%-19.2%-17.9%
Earnings yield-17.7%-0.8%-19.1%-187.4%-85.0%-40.4%-23.0%-26.9%
Enterprise value$31.8M$61.2M$48.5M$16.2M$54.1M$51.6M$140.9M$96.7M
Net debt / EBITDA-0.88×-0.72×-0.95×-0.39×-0.56×0.93×0.25×0.72×
Cash conversion cycle (days)5242544137232940