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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
+28167.1%
$698.20
vs $2.47 price
Levered DCF
$290.25
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
0.36
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-1.69×-1.07×-11.23×0.62×-1.73×-1.31×-1.06×4.19×
P/B0.87×0.63×0.4×0.47×1.92×0.9×0.54×0.36×
P/S0.13×0.16×0×0×0.31×0.35×0.28×0.18×
EV / EBITDA95.07×-29.99×3.36×3.5×-0.76×-0×0.29×-1.41×
Gross margin20.3%17.1%0.0%0.0%16.6%17.2%20.1%37.8%
Operating margin-3.0%-14.3%0.0%0.0%-24.6%-27.9%-19.0%5.5%
Net margin-7.6%-15.2%0.0%0.0%-18.1%-26.4%-25.9%4.2%
Current ratio1.68×2.41×15.17×2.81×1.56×2.21×3.05×3.1×
Debt / equity16.35×10.61×0×0.02×0.09×0.17×0.03×0×
Interest coverage-0.37×-1.81×0×0×-133.08×0×0×0×
Dividend yield0.0%0.0%0.0%0.0%0.2%0.2%0.2%0.2%
Payout ratio0.0%0.0%0.0%0.0%-0.4%-0.3%-0.3%1.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-51.1%-58.4%-3.5%75.0%-110.7%-69.2%-50.3%8.6%
Return on invested capital-1.0%-4.2%-22.6%-18.0%-117.2%-55.4%-31.7%7.6%
Return on assets-3.4%-5.7%-3.3%47.9%-33.2%-32.3%-32.8%5.8%
Free cash flow yield-62.3%-84.8%7.7%171.1%-50.7%-27.2%-45.6%98.6%
Earnings yield-59.0%-93.2%-8.8%161.2%-57.7%-76.5%-93.9%23.9%
Enterprise value$121.3M$108.8M-$10.1M-$8M$2.6M$16.3K-$1.2M-$4.3M
Net debt / EBITDA90.24×-28.29×5.43×6.22×1.05×1.39×1.65×-3.33×
Cash conversion cycle (days)132142-2,034042507345