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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
-95.8%
$1.79
vs $42.91 price
Levered DCF
$1.87
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
6.06
Safe zone
Rating
D+
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-13.39×-17.5×-9.45×-4.1×-6.92×-17.52×-7.32×-7.29×
P/B20.58×11.71×6.34×2.07×5.3×5.72×3.21×3.37×
P/S0×0×0×16.25×48.47×96.83×17.71×0×
EV / EBITDA-13.1×-17.69×-8.52×-3.9×-6.07×-16.26×-6.23×-4.91×
Gross margin0.0%0.0%0.0%-270.7%-476.5%-380.8%-164.6%0.0%
Operating margin0.0%0.0%0.0%-404.8%-690.5%-564.0%-266.2%0.0%
Net margin0.0%0.0%0.0%-405.2%-700.5%-561.5%-248.9%0.0%
Current ratio6.95×9.61×8.8×9.01×4.13×8.09×5.64×5.72×
Debt / equity0.44×0.18×0.27×0.27×0.49×0.22×0.05×0×
Interest coverage-55.8×-36.87×0×0×0×0×0×0×
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-154.0%-66.8%-73.6%-51.7%-76.6%-33.2%-45.2%-46.3%
Return on invested capital-108.5%-58.1%-59.7%-40.8%-50.6%-24.7%-33.1%-33.7%
Return on assets-93.5%-51.9%-53.3%-37.6%-43.3%-22.3%-26.0%-27.2%
Free cash flow yield-6.0%-4.7%-10.2%-24.8%-14.5%-4.3%-18.2%6.4%
Earnings yield-7.5%-5.7%-11.6%-24.9%-14.5%-5.8%-14.1%-13.7%
Enterprise value$4.8B$4.2B$1.4B$505.6M$783.6M$1.4B$331.9M$245M
Net debt / EBITDA0.58×0.47×0.25×0.26×0.99×1.21×0.58×2.3×
Cash conversion cycle (days)-18-1,902-44518-15-17438-1,494