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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
+108.9%
$2.88
vs $1.38 price
Levered DCF
$3.02
After debt service
Piotroski score
5 / 9
Average
Altman Z-score
10.68
Safe zone
Rating
B-
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-3.64×-26×-5.72×-36.18×-42.68×-19.82×-18.79×-2.06×
P/B2.26×6.59×5.92×8.39×25.4×25.59×31.15×-10.33×
P/S5.61×9.9×5.99×14.08×35.11×28.15×38.88×200.1×
EV / EBITDA-9.95×129.83×-5.74×-30.78×-43.61×-25.24×-19.14×-8.77×
Gross margin32.0%25.0%33.4%35.0%39.9%32.6%21.0%-1841.7%
Operating margin-33.3%-42.1%-38.1%-52.6%-82.3%-116.0%-214.4%-2387.4%
Net margin-154.4%-38.0%-104.6%-45.7%-82.3%-142.0%-206.9%-9722.4%
Current ratio2.72×0.27×0.19×0.38×0.33×0.47×0.42×0.66×
Debt / equity0×0.01×0.02×0.02×0.07×0.05×0×-0.49×
Interest coverage-0.32×-12.09×-224.98×-673.04×0×0×-501.58×-13.85×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.7%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%0.0%-1.4%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-62.1%-25.3%-103.3%-27.3%-59.6%-129.1%-165.8%501.9%
Return on invested capital-13.4%-27.8%-36.8%-30.7%-55.8%-100.3%-171.5%5111.3%
Return on assets-56.3%-17.9%-63.4%-20.0%-41.8%-69.7%-114.9%-257.7%
Free cash flow yield-9.6%-3.7%-3.5%-0.9%-0.7%-0.7%-2.2%-11.9%
Earnings yield-27.5%-3.8%-17.5%-3.2%-2.3%-5.0%-5.3%-48.6%
Enterprise value$14.5M$29.5M$22.8M$56.8M$163M$146.7M$215.2M$31.4M
Net debt / EBITDA1.13×-0.26×0×0.06×-0.1×0.01×0.04×-0.39×
Cash conversion cycle (days)-41-156-221-159-131-9-114648