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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
+203.0%
$8.94
vs $2.95 price
Levered DCF
$8.26
After debt service
Piotroski score
1 / 9
Weak
Altman Z-score
12.87
Safe zone
Rating
B
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E18.52×7.24×5.89×16×8.17×10.24×-53.36×1.5×
P/B2.2×1.98×2.03×3.15×3.25×4.44×3.95×6.14×
P/S4.62×3.09×2.86×4.85×4.24×4.61×14.45×1.32×
EV / EBITDA9.14×3.57×2.83×9.82×5.16×5.95×65.66×1.71×
Gross margin68.6%77.4%87.3%90.6%87.6%79.4%43.6%77.3%
Operating margin25.1%50.4%59.8%38.5%66.7%67.6%-8.7%74.4%
Net margin24.6%42.7%48.6%30.6%52.0%45.1%-27.1%88.4%
Current ratio11.83×9.12×4.42×8.63×6.85×13.7×1.96×10.7×
Debt / equity0×0×0×0×0×0×0.82×0.73×
Interest coverage0×0×0×0×0×28.01×-0.15×22.94×
Dividend yield9.9%10.0%8.0%6.1%0.0%0.0%0.0%0.0%
Payout ratio185.0%72.1%47.2%97.2%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity11.7%27.4%34.6%19.9%39.8%43.4%-7.4%409.9%
Return on invested capital9.0%24.8%32.3%18.8%37.5%46.3%-0.9%184.8%
Return on assets10.6%24.2%26.8%17.4%32.3%37.6%-3.6%207.3%
Free cash flow yield9.9%11.4%23.7%7.8%2.0%12.4%-4.7%10.9%
Earnings yield5.3%13.8%17.0%6.3%12.3%9.8%-1.9%66.8%
Enterprise value$283.1M$273.4M$250M$438.5M$463.8M$458.8M$401.7M$606.3M
Net debt / EBITDA-4.99×-2.02×-1.69×-2.2×-1.14×-1.52×2.49×-0.07×
Cash conversion cycle (days)6056181,3401,4066132792176