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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
-170.3%
-$4.25
vs $6.05 price
Levered DCF
-$3.84
After debt service
Piotroski score
3 / 9
Weak
Altman Z-score
1.49
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023
P/E-50.16×-40.01×-120.04×
P/B4.24×4.28×3.86×
P/S11.11×14.3×15.18×
EV / EBITDA-235.3×-80.83×2,076.61×
Gross margin19.5%12.8%23.1%
Operating margin-15.2%-36.3%-19.4%
Net margin-21.9%-39.0%-12.5%
Current ratio1.57×0.95×1.47×
Debt / equity0.17×0.26×0.24×
Interest coverage-2.2×-3.07×-1.76×
Dividend yield0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023
Return on equity-8.4%-11.7%-3.2%
Return on invested capital-3.6%-5.9%-1.7%
Return on assets-5.1%-6.7%-2.2%
Free cash flow yield-3.0%0.4%-0.1%
Earnings yield-2.0%-2.7%-0.8%
Enterprise value$4.3B$3.7B$3.8B
Net debt / EBITDA-0.69×-2.49×77.72×
Cash conversion cycle (days)7443118