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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
-740.9%
-$51.76
vs $8.08 price
Levered DCF
-$5.98
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
0.42
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023
P/E-23.93×-2.19×-17.54×
P/B1.27×0.83×0.86×
P/S0.51×0.46×0.65×
EV / EBITDA-5.36×-5.43×388.02×
Gross margin33.5%28.3%24.5%
Operating margin-18.0%5.5%-1.5%
Net margin-21.2%-21.2%-3.5%
Current ratio1.26×1.3×1.32×
Debt / equity1.27×0.97×0.72×
Interest coverage-6.13×1.87×-0.49×
Dividend yield0.6%1.2%2.3%
Payout ratio-1.5%-2.7%-42.8%
Key metrics by fiscal year
MetricFY2025FY2024FY2023
Return on equity-52.9%-37.9%-4.6%
Return on invested capital-15.9%4.2%-0.8%
Return on assets-14.3%-13.4%-2.0%
Free cash flow yield2.2%3.6%0.8%
Earnings yield-41.7%-45.6%-5.4%
Enterprise value$26.4B$26.7B$33B
Net debt / EBITDA-2.34×-2.67×160.66×
Cash conversion cycle (days)939593