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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
-1593.2%
-$106.17
vs $7.11 price
Levered DCF
-$126.73
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
2.42
Grey 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-0.3×-0.32×-0.44×-0.43×-4.85×-39.01×-3.58×-15.93×
P/B5.01×-14.83×-25.88×-10.9×5.8×507.07×-3.13×-32.79×
P/S0.3×7.39×137.17×0.64×6.5×22.91×1.68×33.1×
EV / EBITDA0.07×-8.09×-16.99×-2.56×-5.68×-38.36×-3.18×-18.06×
Gross margin-10.6%30.5%-212.9%-46.6%41.1%22.1%-11.0%25.7%
Operating margin-84.6%-104.8%-744.7%-115.0%-111.0%-59.9%-56.1%-187.9%
Net margin-99.1%-111.7%-874.1%-149.6%-134.1%-58.7%-46.8%-207.9%
Current ratio1.11×0.39×0.3×1.61×3.98×1.02×0.69×0.53×
Debt / equity4.68×0×-0.51×-32.82×2.68×3.63×-0.33×-1×
Interest coverage-4.85×-12.34×-15.07×-1.63×-5.93×-3.38×-7.02×-16.02×
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-1651.0%224.2%164.9%2560.4%-119.7%-1299.8%87.3%206.0%
Return on invested capital-248.2%-2625.5%1734.2%-61.8%-26.9%-286.0%156.5%-76575.2%
Return on assets-84.2%-140.4%-182.8%-50.4%-30.9%-40.8%-37.9%-183.2%
Free cash flow yield-691.0%-17.6%-3.8%-45.3%-16.0%-2.1%-1.3%-5.4%
Earnings yield-329.6%-15.1%-6.4%-234.9%-20.6%-2.6%-27.9%-6.3%
Enterprise value-$958.1K$8.7M$23.8M$43.2M$160.5M$194.9M$17.8M$30.8M
Net debt / EBITDA0.32×0.01×-0.31×-1.32×0.37×0.09×-0.18×-0.37×
Cash conversion cycle (days)-30-248-2573210887-48