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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
-1378.6%
-$29.54
vs $2.31 price
Levered DCF
-$18.91
After debt service
Piotroski score
1 / 9
Weak
Altman Z-score
6.26
Safe zone
Rating
C-
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-89.03×-71.73×-25×-2.84×-7.69×-8.33×-2.55×-8.7×
P/B28.24×100.13×35.93×-5.95×80.61×-10.76×-8.1×-37.42×
P/S25.4×65.25×87.38×10.92×0×0×0×0×
EV / EBITDA-182.45×-76.95×-25.41×-4.49×-7.6×-8.64×-2.72×-8.86×
Gross margin46.0%40.9%12.1%33.6%0.0%0.0%0.0%0.0%
Operating margin-19.3%-91.9%-351.5%-389.4%0.0%0.0%0.0%0.0%
Net margin-28.5%-92.7%-356.2%-384.1%0.0%0.0%0.0%0.0%
Current ratio1.86×1.29×1.98×0.53×1.42×0.14×0.03×0.09×
Debt / equity0.38×1.35×0.57×-3.09×1.03×-0.22×-0.43×-0.13×
Interest coverage-7.39×-19.5×-39.49×-35.06×0×-1,041.48×0×0×
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-31.7%-142.3%-146.5%209.1%-1050.3%129.4%318.5%430.6%
Return on invested capital-13.7%-51.4%-91.8%-100.7%-491.4%163.6%548.5%350.1%
Return on assets-16.3%-45.2%-82.2%-80.2%-346.3%-353.8%-2555.0%-660.3%
Free cash flow yield-2.1%-0.8%-3.1%-9.0%-3.2%-1.0%-5.5%-5.6%
Earnings yield-1.1%-1.4%-4.1%-35.2%-13.0%-12.0%-39.3%-11.5%
Enterprise value$1.1B$1.4B$515M$24M$11.1M$9.4M$9M$8.3M
Net debt / EBITDA-1.87×-1×-0.06×-1.51×0.18×-0.03×-0.13×0.01×
Cash conversion cycle (days)347346486902-2,420-1,284-1,369-188