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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
+21519.2%
$179.44
vs $0.83 price
Levered DCF
-$52.45
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
-2.16
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-0.38×-3.56×15.15×-1.66×-278.57×-61.45×-66.67×242.11×
P/B0.24×0.37×0.24×0.25×0.72×1.1×1.04×2.01×
P/S0.24×0.52×0.69×0.63×2.1×1.57×1.42×2.51×
EV / EBITDA23.47×-9.18×4.87×7.49×13.66×16.41×14.49×13.74×
Gross margin5.5%66.9%66.2%67.1%67.8%63.8%63.6%66.3%
Operating margin-0.6%-2.0%-3.1%1.7%7.4%40.2%45.2%24.2%
Net margin-49.2%-135.4%57.5%-12.0%-18.9%-31.5%-2.1%10.5%
Current ratio3.13×6.07×2.17×1.72×2.62×1.89×6.54×2.11×
Debt / equity5.47×3.85×2.11×2.21×1.6×3.66×3.96×3.7×
Interest coverage-0.02×-0.06×-0.11×0.06×0.29×1.11×1.21×0.6×
Dividend yield56.5%22.6%27.1%47.2%13.6%2.5%5.3%1322.3%
Payout ratio-27.7%-8.7%32.7%-247.6%-150.8%-12.6%-353.7%31775.3%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-49.1%-96.6%19.9%-4.9%-6.5%-22.0%-1.6%8.4%
Return on invested capital-0.1%-0.3%-0.3%0.1%0.9%5.5%3.4%3.1%
Return on assets-6.8%-18.0%5.8%-0.7%-2.2%-4.1%-0.3%1.5%
Free cash flow yield10.3%-7.3%12.2%-10.6%5.9%2.2%9.3%-3.6%
Earnings yield-203.5%-258.6%83.1%-19.1%-9.0%-20.1%-1.5%4.2%
Enterprise value$88.8M$104M$113.4M$96M$119.3M$158.6M$185.6M$221.3M
Net debt / EBITDA22.4×-8.31×4.35×6.61×9.04×12.45×11.31×8.69×
Cash conversion cycle (days)1301,158104-532-232-1751,30130