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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
-535.7%
-$33.09
vs $7.60 price
Levered DCF
-$52.04
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
1.85
Grey zone
Rating
D+
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-39.3×-18.32×11.41×-10.89×763×-17.75×-4.66×-9.5×
P/B4.99×1.67×3.05×4.06×3.92×3.36×1.44×1.69×
P/S51.33×11.29×30.16×78.07×358.79×311.32×31.15×7.5×
EV / EBITDA-48.92×-19.66×10.46×-16.61×172.44×-22.27×-5.99×-13.27×
Gross margin7.7%21.8%41.7%-1.2%-97.5%100.0%-244.9%39.8%
Operating margin-153.4%-47.6%-85.3%-359.1%-1112.6%-1485.3%-691.9%-67.2%
Net margin-129.9%-61.1%263.3%-478.2%48.4%-1675.3%-647.5%-79.6%
Current ratio30.69×3.88×22.46×7.28×24.42×4.26×1.91×6.87×
Debt / equity1×0×0×0.01×0×0×0.14×0.11×
Interest coverage0×0×0×-270.71×-656.02×-25.87×-27.22×-12.38×
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-12.6%-9.0%26.6%-24.9%0.5%-18.1%-29.9%-17.9%
Return on invested capital-7.2%-6.7%-8.2%-17.6%-11.4%-14.4%-23.8%-11.3%
Return on assets-6.1%-7.8%24.8%-21.8%0.5%-15.2%-21.6%-12.8%
Free cash flow yield-3.2%-9.3%-5.3%-5.3%-2.7%-6.4%-24.3%-3.3%
Earnings yield-2.5%-5.4%8.7%-6.1%0.1%-5.4%-20.8%-10.6%
Enterprise value$4B$845.8M$1.1B$915.7M$1B$496.8M$187.8M$239.1M
Net debt / EBITDA-7.48×0.85×-0.54×1.11×-18.75×0.87×-0.16×-0.07×
Cash conversion cycle (days)5095296321,0092,063257453294