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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
-1995264.4%
-$13,567.12
vs $0.68 price
Levered DCF
-$15,858.74
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
-4.51
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-0×-0.08×-0.09×-0.04×-0.81×-3.17×-0.87×-0.45×
P/B0.35×6.03×22.66×16.84×79.73×120.73×66×54.19×
P/S0.14×8×6.57×11.3×1,651.09×2,051.4×0×14,840.72×
EV / EBITDA-0.76×-79.45×-151.64×-17.56×-285.19×-3,968.62×-6,133.38×-194.84×
Gross margin36.1%-1.3%1.8%-0.3%-130.9%-100.2%0.0%-608.2%
Operating margin-22.3%-14.9%-10.7%-41.3%-636.3%-332.6%0.0%-2404.2%
Net margin-105.6%-24.7%-18.1%-69.2%-503.9%-149.8%0.0%-8325.4%
Current ratio0.13×0.11×0.13×0.71×0.71×1.74×0.18×1.69×
Debt / equity0.85×0.67×1.94×2.15×0.58×0.35×0.42×0.05×
Interest coverage-0.86×-2.77×-1.57×-7.64×-13.81×-56.27×-247.97×-91.79×
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-266.8%-18.6%-62.5%-103.1%-24.3%-8.8%-15.4%-30.4%
Return on invested capital-32.1%-6.8%-12.5%-14.1%-13.2%-11.8%-8.6%-7.8%
Return on assets-97.1%-9.2%-15.1%-25.5%-11.5%-5.2%-5.5%-26.6%
Free cash flow yield-110.1%-0.4%-1.0%-2.1%-0.4%-0.1%-0.2%-0.1%
Earnings yield-767.6%-3.1%-2.8%-6.1%-0.3%-0.1%-0.2%-0.6%
Enterprise value$49.3M$798.2M$422.3M$355M$1.8B$3B$928.8M$1.3B
Net debt / EBITDA-0.54×-7.92×-11.74×-1.85×-1.82×-10.98×-34.92×-0.03×
Cash conversion cycle (days)-59-88-28-18-1388269443