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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
-555.4%
-$44.18
vs $9.70 price
Levered DCF
-$52.31
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
1.12
Distress zone
Rating
D+
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020
P/E-4.33×-7.21×-23.74×-8.35×-7.27×-2.24×
P/B1.43×1.55×2.12×2.28×3.26×3.35×
P/S0.33×0.68×0.95×0.75×0.48×0.6×
EV / EBITDA47.44×-135.7×75.54×196.4×19.6×-6.6×
Gross margin10.3%18.1%16.2%17.6%20.8%19.5%
Operating margin-5.3%-5.8%-2.4%1.0%1.1%-21.9%
Net margin-7.6%-9.4%-4.0%-6.4%-3.1%-23.4%
Current ratio0.96×1.2×1.31×1.38×1.41×1.45×
Debt / equity2.14×1.36×0.88×0.79×3.28×3.32×
Interest coverage-1.13×-1.45×-0.7×0.24×0.24×-4.78×
Dividend yield0.0%0.0%0.0%0.7%0.0%0.0%
Payout ratio0.0%0.0%0.0%-7.9%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020
Return on equity-33.3%-21.6%-8.9%-19.4%-21.3%-130.7%
Return on invested capital-7.1%-5.5%-2.2%1.5%1.4%-23.2%
Return on assets-7.7%-7.3%-3.6%-7.4%-3.7%-23.6%
Free cash flow yield-27.8%-30.0%-27.8%-18.5%-6.7%-9.9%
Earnings yield-23.3%-13.9%-4.2%-8.5%-6.5%-39.0%
Enterprise value$919.8M$1.1B$1.1B$855.7M$654.2M$642.1M
Net debt / EBITDA27.42×-61.57×20.31×47.85×9.54×-3.19×
Cash conversion cycle (days)668483586461