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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
-281.1%
-$5.87
vs $3.24 price
Levered DCF
-$7.06
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
-0.25
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-7.24×-11.22×-3.94×9.93×13.46×-1.54×-3.22×-2.29×
P/B-1.87×-4.45×27.61×1.88×4.85×1.28×1.03×0.3×
P/S0.19×0.31×0.39×0.27×0.54×0.33×0.43×0.18×
EV / EBITDA8.94×12.65×56.54×8.74×8.82×-12.04×-55.85×16.1×
Gross margin21.2%27.5%27.5%29.8%31.0%24.0%30.4%28.7%
Operating margin13.1%4.8%-4.2%12.0%17.8%-20.2%-8.6%9.4%
Net margin-2.7%-2.8%-9.9%2.7%4.0%-22.2%-15.7%-7.6%
Current ratio0.84×1.38×1.74×1.68×1.51×2.27×2.2×2.3×
Debt / equity-10.87×-16.34×85.88×8.83×12.7×6.13×3.39×2.18×
Interest coverage1.17×0.59×-0.49×1.4×1.87×-2.35×-1.06×1.18×
Dividend yield15.9%8.7%5.3%0.0%0.0%3.4%4.5%8.2%
Payout ratio-114.7%-96.9%-20.8%0.0%0.4%-5.1%-12.2%-18.8%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity25.9%39.9%-701.4%18.8%36.2%-84.8%-37.7%-13.0%
Return on invested capital12.0%4.2%-2.9%8.2%6.9%-7.7%-3.5%-2.1%
Return on assets-2.2%-2.2%-6.9%1.7%2.2%-10.2%-7.5%-3.5%
Free cash flow yield18.5%22.1%29.9%23.8%21.7%13.1%10.6%24.6%
Earnings yield-13.8%-9.0%-25.4%10.0%7.5%-66.4%-36.6%-43.7%
Enterprise value$561.2M$629.3M$666.4M$658.3M$761.6M$636.8M$709.6M$569.3M
Net debt / EBITDA7.61×9.8×41.52×7.1×6.22×-9.69×-41.29×13.97×
Cash conversion cycle (days)3744434443463938