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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
-116.7%
-$1.08
vs $6.49 price
Levered DCF
-$1.02
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
134.54
Safe zone
Rating
C-
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-1.21×-0.49×-0.37×-0.05×-0.67×-14.41×-38.27×-4.26×
P/B0.37×1.06×-0.44×0.26×2.67×6.14×1.66×2.52×
P/S31.78×0.61×0.84×0.22×14.38×7.31×2.17×1.03×
EV / EBITDA-1.18×-0.16×-2.29×-0.18×-0.96×-14.21×-7.34×-4.64×
Gross margin93.2%24.7%30.9%37.7%-11.4%18.6%15.2%63.3%
Operating margin-116.7%-130.1%-179.6%-409.3%-1270.8%-53.0%-16.0%-14.0%
Net margin-2618.4%275.8%-287.6%-436.5%-2111.1%-50.0%-12.9%-15.1%
Current ratio2.44×5.23×0.9×0.92×1.62×2.1×1.04×0.81×
Debt / equity0×0×-1.36×0.98×0.01×0.07×0×0×
Interest coverage0×-14.68×-7.73×-130.84×0×-877.6×-19.05×0×
Dividend yield0.0%0.0%0.0%0.0%0.0%3.9%11.4%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%-57.4%-192.5%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-30.4%484.9%151.5%-510.1%-392.1%-42.0%-9.9%-36.9%
Return on invested capital-1.4%-228.7%-260.1%-210.3%-227.4%-41.4%-7.4%-24.9%
Return on assets-30.2%392.8%-20.0%-23.4%-270.6%-25.8%-3.8%-11.8%
Free cash flow yield-2.0%-1028.7%7.2%-762.1%-16.7%-6.4%-2.3%-20.4%
Earnings yield-82.4%455.3%-343.9%-1951.1%-146.8%-6.8%-5.9%-14.7%
Enterprise value$863M$781.3K$14.5M$2.3M$32M$14.3M$2M$3.5M
Net debt / EBITDA0.04×0.3×-1.63×-0.12×0.18×2.38×11.92×3.34×
Cash conversion cycle (days)-2,444-11-58-68521015414