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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
-81.2%
$0.33
vs $1.75 price
Levered DCF
$0.53
After debt service
Piotroski score
1 / 9
Weak
Altman Z-score
-860.38
Distress 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-1.47×-0.65×-0.48×-3.75×-3.04×-6.7×-4.46×-5.05×
P/B2.92×1.48×2.69×3.66×4.03×4.26×8.34×3.14×
P/S1,258.64×305.84×3,394.19×48.24×587.17×0×0×1,838.09×
EV / EBITDA-1.18×-0.42×-0.35×-3.83×-2.5×-5.3×-6.11×-3.87×
Gross margin-27160.0%-3520.0%-95960.0%-670.6%-11778.1%0.0%0.0%100.0%
Operating margin-84500.0%-48120.0%-685340.0%-1201.4%-19484.7%0.0%0.0%-36921.9%
Net margin-83520.0%-46790.0%-702800.0%-1291.2%-19786.7%0.0%0.0%-36381.5%
Current ratio2.45×3.98×4.22×2.23×4.91×7.11×8.42×8.89×
Debt / equity0×0×0×0.52×0.52×0.04×0.02×0×
Interest coverage0×0×-17.84×-11.13×-65.22×0×0×0×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%6.3%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%0.0%-32.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-194.0%-226.8%-557.2%-97.9%-135.6%-64.5%-124.0%-62.1%
Return on invested capital-196.2%-233.3%-543.3%-59.9%-88.0%-62.4%-59.4%-63.0%
Return on assets-140.8%-169.8%-425.3%-58.1%-83.0%-54.6%-108.0%-55.9%
Free cash flow yield-47.1%-162.5%-178.8%-20.9%-27.7%-12.6%-5.2%-18.6%
Earnings yield-66.4%-153.0%-207.1%-26.8%-33.7%-15.1%-14.9%-19.8%
Enterprise value$4.9M$2M$10.9M$122M$187.7M$418M$715.3M$206.6M
Net debt / EBITDA0.33×0.23×0.2×0.6×0.61×1.4×0.66×1.16×
Cash conversion cycle (days)55-338262041,008-311-5264,660