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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
-360.2%
-$166.78
vs $64.09 price
Levered DCF
-$190.15
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
1.28
Distress zone
Rating
D+
Overall 1 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-178.16×-39.62×-0.38×-0.16×-1.96×-10.99×-75.92×
P/B11.35×8.43×0.29×0.35×1.24×467.16×0×
P/S8.18×6.77×0.33×0.38×2.27×11.43×9.28×
EV / EBITDA534.93×-75.89×-0.64×-0.07×-0.52×-8.74×0×
Gross margin69.7%63.6%44.4%-11.4%-7.8%2.2%42.2%
Operating margin-2.8%-7.6%-89.2%-284.5%-210.3%-134.9%-15.5%
Net margin-4.9%-17.1%-86.8%-233.9%-115.6%-134.6%-15.1%
Current ratio2.46×3.61×3.1×1.47×4.77×2.37×0×
Debt / equity0.49×0.47×0.53×0.3×0.08×9.86×0×
Interest coverage-4.65×-7.66×0×-208.19×-157.37×-97.81×-38.84×
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-6.8%-21.3%-77.1%-216.4%-63.2%-5500.0%0.0%
Return on invested capital-2.5%-6.3%-49.3%-148.8%-97.8%-133.2%0.0%
Return on assets-3.7%-12.5%-42.0%-100.7%-44.3%-95.9%0.0%
Free cash flow yield0.4%-1.6%-278.0%-374.0%-43.8%-6.1%-1.9%
Earnings yield-0.6%-2.5%-262.9%-615.7%-50.9%-11.8%-1.6%
Enterprise value$3.5B$2.1B$86.9M$28.9M$114.3M$2B$0
Net debt / EBITDA7.09×-1.12×-0.15×0.15×1.67×0.29×0×
Cash conversion cycle (days)9654542228620