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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
-8313.3%
-$90.35
vs $1.10 price
Levered DCF
-$65.32
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
-13.67
Distress zone
Rating
C+
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-1.13×-0.78×-0.58×-1.29×-4.18×-6.28×-4.38×-1.3×
P/B1.16×0.62×0.45×0.83×2.45×5.53×2.57×1.46×
P/S0.18×0.19×0.22×0.5×1.68×1.59×0.81×0.81×
EV / EBITDA-0.87×0.85×-0.05×-0.72×-2.92×-8.73×-3.62×-1.11×
Gross margin38.0%38.2%37.3%33.7%31.6%35.2%45.3%46.8%
Operating margin-12.6%-26.0%-36.9%-34.4%-46.6%-18.5%-41.2%-59.3%
Net margin-16.3%-24.2%-38.0%-38.8%-40.3%-21.2%-18.5%-62.2%
Current ratio2.5×3.09×3.37×3.71×2.82×3.13×2.62×3.48×
Debt / equity0.27×0.07×0.1×0.11×0.16×0.5×0.15×0.05×
Interest coverage0×0×0×0×-588.7×-287.42×-461.88×-341.15×
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
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-102.6%-78.4%-78.8%-64.6%-58.5%-73.7%-58.8%-112.5%
Return on invested capital-24.1%-37.6%-39.1%-34.4%-39.2%-29.4%-70.7%-99.5%
Return on assets-22.7%-25.2%-32.8%-31.7%-27.0%-26.4%-22.7%-81.7%
Free cash flow yield-115.0%-6.2%-86.8%-96.9%-20.6%-12.0%-33.1%-77.2%
Earnings yield-88.5%-127.2%-173.8%-77.7%-23.9%-13.3%-22.9%-77.1%
Enterprise value$2M-$2.4M$261.5K$3.7M$15.2M$28.1M$11.6M$12.1M
Net debt / EBITDA0.67×1.83×0.52×0.59×1.15×0.48×0.88×0.3×
Cash conversion cycle (days)1541772681541137886145