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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
-302.3%
-$3.90
vs $1.93 price
Levered DCF
-$1.88
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
-4.12
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-0.88×-1.73×-1.93×-1.53×-0.89×-7.09×0×-95.54×
P/B0.77×2.38×1.43×1.55×0.52×2.48×0×0.22×
P/S32.1×45.7×7.04×13.54×2.88×5.53×0×0×
EV / EBITDA-1.49×-2.36×-2.81×-1.77×-0.61×-23.69×-0.11×-63.85×
Gross margin-1237.3%-847.9%-126.9%-593.7%-101.0%-20.2%0.0%0.0%
Operating margin-3193.0%-1704.1%-240.1%-818.1%-182.1%-49.7%0.0%0.0%
Net margin-3678.4%-2677.7%-363.2%-885.1%-323.3%-77.9%0.0%0.0%
Current ratio0.4×0.52×0.73×1.16×5.3×0.99×0.16×1.38×
Debt / equity0.27×0.3×0.17×0.06×0.04×1.27×0×0×
Interest coverage-82×-35.71×-41.23×-72.51×-1.51×-3.04×0×0×
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-88.4%-139.4%-74.0%-101.0%-58.2%-34.9%3.7%0.7%
Return on invested capital-59.7%-63.4%-39.5%-84.6%-29.6%-9.8%-1.2%-0.3%
Return on assets-37.0%-53.9%-39.6%-75.6%-50.7%-11.5%3.4%0.7%
Free cash flow yield-19.1%-3.1%-4.3%-34.2%-49.1%11.3%0.0%-1.3%
Earnings yield-114.6%-58.6%-51.6%-65.4%-112.1%-14.1%0.0%3.1%
Enterprise value$24M$54.7M$55.1M$95.5M$18.5M$51.6M$124.5K$44.7M
Net debt / EBITDA-0.37×-0.26×-0.29×-0.07×0.95×-4.74×-0.11×1.19×
Cash conversion cycle (days)-266-129-182-48-9-8700