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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
+6268.4%
$85.97
vs $1.35 price
Levered DCF
-$127.07
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
-0.56
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-3.53×-0.78×-1.23×-1.39×15.95×-121.69×-16.26×-7.78×
P/B0.77×0.38×0.38×0.47×1.27×16.5×-20.25×118.66×
P/S0.82×0.67×1.02×5.65×0×153.27×38.45×10.52×
EV / EBITDA12.96×-80.95×546.49×-11.31×2.01×-52×-23.15×-7.93×
Gross margin65.2%51.3%52.7%57.1%0.0%13.5%-11.9%-15.4%
Operating margin15.9%-61.4%-17.6%-258.1%0.0%-75.2%-188.1%-133.0%
Net margin-23.3%-85.9%-82.4%-405.0%0.0%-298.0%-206.5%-135.2%
Current ratio0.49×2.29×2.84×4.61×22.52×38.02×0.46×1.71×
Debt / equity5.74×4.95×2.95×1.8×0×0×-1×4.6×
Interest coverage0.35×-1.25×-0.34×-5.25×-899.85×-2.4×-6.31×0×
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%-0.1%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-21.9%-49.0%-31.0%-33.6%8.0%-32.1%108.8%-1525.2%
Return on invested capital2.2%-5.8%-1.7%-6.9%-9.3%-4.5%-240.3%-140.2%
Return on assets-3.1%-7.8%-7.4%-10.5%7.3%-17.5%-161.1%-95.3%
Free cash flow yield-4.1%-76.9%-42.0%-48.4%-11.4%-0.6%-4.2%-13.4%
Earnings yield-28.3%-128.5%-81.0%-71.6%6.3%-1.9%-5.4%-12.9%
Enterprise value$719M$693.1M$565.6M$394M$106.9M$2.8B$287.8M$98.6M
Net debt / EBITDA11.31×-74.55×467.94×-7.55×-6.59×6.14×-0.83×0.14×
Cash conversion cycle (days)335831250173135172