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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
+38.7%
$61.81
vs $44.55 price
Levered DCF
$62.84
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-0.85
Distress zone
Rating
B-
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-1.71×-0.33×-2.36×-1.14×-4.9×-37.4×-56.67×-2.64×
P/B1.57×0.59×1.44×0.73×1.82×7.38×-24.09×-1.42×
P/S0×3.44×10.9×0×0×0×0×0×
EV / EBITDA-0.48×0.36×-0.39×-0.7×-3.99×-32.4×-56.76×-2.13×
Gross margin0.0%100.0%100.0%0.0%0.0%0.0%0.0%0.0%
Operating margin0.0%-1143.4%-515.3%0.0%0.0%0.0%0.0%0.0%
Net margin0.0%-1079.9%-475.0%0.0%0.0%0.0%0.0%0.0%
Current ratio5.17×2.9×4.18×6.72×10.36×16.43×1.08×1.76×
Debt / equity0.02×0.1×0.06×0.09×0.06×0.04×-0.15×0×
Interest coverage-405.7×-182.9×-107.65×-112.58×-121.93×-91.07×-201.65×0×
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-91.7%-184.0%-62.6%-67.4%-38.0%-19.8%43.2%55.4%
Return on invested capital-84.4%-176.2%-63.9%-63.1%-35.7%-18.9%-798.7%-481.7%
Return on assets-73.5%-117.3%-46.1%-53.9%-33.4%-18.1%-282.1%-206.5%
Free cash flow yield-49.9%-331.2%-30.3%-82.8%-17.7%-2.5%-1.7%-33.8%
Earnings yield-58.4%-313.9%-43.6%-91.8%-20.8%-2.7%-1.8%-38.9%
Enterprise value$18.6M-$19.1M$18.3M$32.2M$167M$951.9M$738.6M$21.2M
Net debt / EBITDA1.24×0.68×1.94×0.4×0.86×5.13×-0.04×0.41×
Cash conversion cycle (days)000000-57,122-839,500