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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
-58.5%
$3.82
vs $9.20 price
Levered DCF
$3.66
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-13.44
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-3.34×-1.55×-0.9×-0.85×-1.44×0.42×-4.53×-1.98×
P/B2.71×0.71×0.45×0.2×0.33×0.53×15.43×5.1×
P/S375.73×5,645.72×3,579×643.93×1,761.7×0.39×1,021.61×799.82×
EV / EBITDA-2.49×-0.79×-0.09×2.52×1.63×-0.24×-4.28×-1.68×
Gross margin85.8%100.0%-28.6%100.0%100.0%70.2%100.0%100.0%
Operating margin-11691.4%-407940.0%-449214.3%-45991.7%-140497.1%51.5%-23135.3%-40407.9%
Net margin-11250.0%-363500.0%-398157.1%-75541.7%-122631.4%92.7%-22564.7%-40327.0%
Current ratio10.7×5.31×42.93×208.29×166.01×21.67×3.16×5.44×
Debt / equity0×0.24×0.06×0×0×0×0.02×0×
Interest coverage0×0×0×0×0×0×0×0×
Dividend yield0.0%0.0%285.1%0.0%0.0%59.5%0.0%0.0%
Payout ratio0.0%0.0%-256.3%0.0%0.0%25.3%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-81.1%-45.9%-49.8%-23.8%-23.1%124.9%-340.8%-256.9%
Return on invested capital-65.2%-41.7%-52.6%-14.5%-23.2%63.3%-336.6%-257.5%
Return on assets-58.7%-36.6%-46.1%-23.7%-23.0%119.4%-255.8%-216.2%
Free cash flow yield-25.7%-54.4%-99.1%-54.7%-83.9%236.4%-17.4%-44.3%
Earnings yield-29.9%-64.4%-111.2%-117.3%-69.6%235.6%-22.1%-50.4%
Enterprise value$45.3M$14.3M$2.4M-$55.7M-$80.3M-$73.8M$83.8M$42.8M
Net debt / EBITDA0.85×0.77×0.81×3.92×2.89×-0.63×0.16×0.3×
Cash conversion cycle (days)-6,1150-17,740106177-32135