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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
-719.5%
-$35.49
vs $5.73 price
Levered DCF
-$39.70
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-1.28
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-3.17×-0.12×-0.04×2.77×-0.89×-3.59×-233.26×
P/B5.94×0.22×0.08×0.16×0.86×-0.29×5,776.89×
P/S4.93×0.21×0.07×0.28×3.48×1.66×392.77×
EV / EBITDA-3.59×-0.48×-0.23×0.95×0.91×-1.23×-247.48×
Gross margin-16.1%-5.1%-33.9%1.1%18.1%33.6%31.7%
Operating margin-119.5%-192.2%-172.1%-135.1%-210.5%-111.8%-166.1%
Net margin-155.2%-170.1%-174.5%10.1%-390.3%-114.9%-168.7%
Current ratio2.34×1.52×2.43×3.72×5.75×2.3×1.53×
Debt / equity1.05×0.4×0.67×0.16×0.18×-0.08×8.01×
Interest coverage-12.58×-4.93×-13.71×-285.78×-21.08×-33.19×0×
Dividend yield0.0%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%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-187.0%-175.8%-197.7%5.7%-97.0%20.2%-2481.0%
Return on invested capital-68.7%-134.4%-103.6%-58.3%-21.9%-85.7%-266.0%
Return on assets-67.7%-78.2%-87.9%3.6%-35.4%-66.7%-118.7%
Free cash flow yield-13.3%-380.8%-2080.1%-649.2%-78.1%-95.1%-0.3%
Earnings yield-31.5%-812.6%-2582.5%36.1%-112.3%-69.4%-0.4%
Enterprise value$227.7M$23.3M$26.3M$13M-$92.7M$24.6M$6B
Net debt / EBITDA-0.02×-0.3×-0.18×-0.67×1.86×0.34×0.06×
Cash conversion cycle (days)181-119263344378258160