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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
+126.2%
$1.74
vs $0.77 price
Levered DCF
$0.00
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
1.11
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-8.18×-7.06×-10.76×-17.5×-19.51×-46.74×-7.47×-1.53×
P/B2.77×2.53×1.61×2.32×-6.88×-10.53×-2.26×2.75×
P/S28.36×345.49×0×0×0×0×0×9.78×
EV / EBITDA-10.34×-7.32×-11.78×-19.57×-17.63×-59.86×-8.1×-1.68×
Gross margin53.8%63.1%0.0%0.0%0.0%0.0%0.0%72.6%
Operating margin-393.4%-5355.3%0.0%0.0%0.0%0.0%0.0%-588.2%
Net margin-347.8%-4911.0%0.0%0.0%0.0%0.0%0.0%-637.4%
Current ratio8.95×12.14×17.13×20.49×15.47×3.9×11.56×4.8×
Debt / equity0.04×0.04×0.04×0.03×-0.01×-0.01×-0.39×1.01×
Interest coverage0×0×0×0×0×0×0×-10.2×
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-34.0%-36.0%-14.9%-13.0%35.4%22.4%30.3%-179.5%
Return on invested capital-32.8%-35.3%-19.8%-18.8%-17.6%-64.5%-44.7%-69.2%
Return on assets-26.8%-30.4%-13.1%-11.6%-16.2%-56.5%-40.4%-67.1%
Free cash flow yield-10.3%-11.1%-12.5%-6.7%-6.4%-1.8%-17.2%-41.6%
Earnings yield-12.3%-14.2%-9.3%-5.6%-5.1%-2.1%-13.4%-65.2%
Enterprise value$646.5M$671.1M$573.7M$922.5M$521.4M$730.1M$116.4M$14.8M
Net debt / EBITDA0.33×1.29×1.48×2.01×5.39×0.13×0.47×0.19×
Cash conversion cycle (days)63-65000000-361