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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
-114.2%
-$3.47
vs $24.43 price
Levered DCF
-$3.42
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
2.93
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-78.08×-46.88×-45.88×-184.36×2,084.45×-116.86×-94.38×-53.1×
P/B3.64×1.73×1.83×1.84×2.27×2.9×2.69×2.76×
P/S0×0×0×0×0×0×0×0×
EV / EBITDA-71.26×-103.06×-54.86×357.38×276.21×-106.39×-121.99×-140.03×
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 ratio5.24×2.86×2.38×2.7×3.13×4.53×2.87×3.76×
Debt / equity0.53×0.67×0.79×0.36×0×0×0×0×
Interest coverage-40.22×-59.1×-4.66×-6.57×-199.53×-20.28×-38.53×-85.9×
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-4.7%-3.7%-4.0%-1.0%0.1%-2.4%-2.2%-5.2%
Return on invested capital-1.0%-1.5%-1.0%18.5%-0.4%-2.5%-2.2%-3.0%
Return on assets-2.9%-2.2%-2.2%-0.7%0.1%-2.3%-2.0%-4.7%
Free cash flow yield-3.7%-8.3%-18.9%-14.0%-5.4%-9.4%-3.4%-4.4%
Earnings yield-1.3%-2.1%-2.2%-0.5%0.1%-0.8%-0.8%-1.9%
Enterprise value$4.6B$2B$1.8B$1.6B$1.6B$1.8B$1.1B$1.1B
Net debt / EBITDA-7.5×-26.89×-14.81×49.45×-1.96×1.04×0.94×0.39×
Cash conversion cycle (days)-20,54500000-29,609-121