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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
+1495.1%
$26.00
vs $1.63 price
Levered DCF
$25.83
After debt service
Piotroski score
0 / 9
Weak
Altman Z-score
-1.94
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/E-0.13×-1.4×-1.23×-4.76×-2,028.24×-9,318.01×-38,017.47×-1,160.3×
P/B0.46×-11.66×14.1×1,743.07×678.39×-6,408.18×-15,979.44×-1,042.83×
P/S0×0×0×0×0×0×0×0×
EV / EBITDA0.38×-1.1×-1.16×-323.12×-2,061.09×-11,204.85×-38,952.69×0×
Gross margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Operating margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Current ratio6.29×2.56×1.28×1.7×8.97×2.05×3.25×1.82×
Debt / equity0×-0.02×0.27×0×0×-0.61×-0.85×-0.94×
Interest coverage-4,229.15×-584.07×-347.39×-1.06×-64.7×-1.84×-2.91×0×
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-335.4%830.0%-1130.3%-542.0%-33.5%68.8%55.3%90.0%
Return on invested capital-17.6%-343.4%-928.5%-576.0%-30.1%-111.7%-297.1%-289.5%
Return on assets-21.3%-229.7%-358.7%-231.5%-29.8%-222.1%-280.2%-211.3%
Free cash flow yield-414.4%-56.8%-78.3%-0.3%-0.0%-0.0%-0.0%-0.1%
Earnings yield-735.8%-71.2%-80.2%-0.3%-0.0%-0.0%-0.0%-0.1%
Enterprise value-$13.1M$17.8M$20.8M$5.6B$13.8B$21.8B$17.5B$525.8M
Net debt / EBITDA0.52×0.36×0.13×0.28×3.11×-0.65×-1.61×0×
Cash conversion cycle (days)0-1,75800-17,329000