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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
+3365.9%
$77.29
vs $2.23 price
Levered DCF
-$0.99
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
2.65
Grey zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E2.47×49.18×9.47×28.33×32.19×-5.93×-27.19×27.05×
P/B0.43×0.71×0.63×0.69×0.87×0.56×0.91×0.88×
P/S0.3×0.55×0.47×0.44×0.54×0.45×0.68×0.63×
EV / EBITDA1.83×6.56×3.58×6.25×5.9×10.94×9.78×4.46×
Gross margin57.0%56.2%59.2%57.9%56.9%56.3%56.0%60.9%
Operating margin-1.3%0.8%5.8%1.7%2.8%-9.9%-3.5%4.6%
Net margin11.9%1.1%4.9%1.5%1.6%-7.6%-2.5%2.4%
Current ratio5.16×5.11×5.74×5.33×4.13×3.95×4.29×8.71×
Debt / equity0.52×0.19×0.17×0.2×0.23×0.25×0.26×0.15×
Interest coverage0×0×0×0×143.75×-906.86×-72.14×12.55×
Dividend yield56.5%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio140.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity17.3%1.4%6.7%2.4%2.6%-9.4%-3.4%3.3%
Return on invested capital-0.9%0.7%5.5%1.9%2.2%-9.5%-3.6%2.9%
Return on assets10.5%1.1%5.2%1.8%1.9%-6.4%-2.4%2.6%
Free cash flow yield-35.9%3.8%11.1%1.5%6.1%-47.7%19.9%11.1%
Earnings yield40.3%2.0%10.6%3.5%3.0%-16.9%-3.7%3.8%
Enterprise value$33.9M$38.2M$32.8M$37.9M$46.4M$31.9M$49.8M$37.1M
Net debt / EBITDA0.61×-0.43×-0.3×0.39×0.19×1.01×-0.28×-1.82×
Cash conversion cycle (days)347363418380358422210364