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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
+1099640.0%
$8,084.19
vs $0.74 price
Levered DCF
-$32,268.56
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-0.14
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-0.78×33.49×662.86×-11.72×-501.49×-73.29×-8.03×-12,395.71×
P/B0.08×4.63×80.15×-44.83×797.25×-73.87×-14.83×-56,640.44×
P/S0.53×9.13×335.1×84.09×1,609.67×126.14×107.94×0×
EV / EBITDA-0.47×12.23×346.58×-15.42×-715.56×-367.39×-11.68×-13,650.56×
Gross margin-4.5%76.8%77.3%28.0%26.2%28.9%-645.2%0.0%
Operating margin-41.2%51.3%74.2%-221.3%-290.1%-34.5%-979.2%0.0%
Net margin-68.0%27.2%50.5%-717.1%-321.5%-172.1%-1344.8%0.0%
Current ratio3.09×3.45×6.71×0.21×0.33×0.23×0.31×0.23×
Debt / equity0×0×0.13×-0.18×0.53×-0.33×-0.89×-1.63×
Interest coverage0×0×0×-4.16×-4.56×-0.27×-2.91×0×
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
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity-10.3%13.8%12.1%382.3%-159.2%100.8%184.8%456.9%
Return on invested capital-5.2%17.4%10.7%144.7%-91.4%30.3%1229.0%-721.1%
Return on assets-8.3%10.6%11.3%-1001.1%-69.2%-326.4%-668.2%-552.2%
Free cash flow yield-152.9%-0.3%0.1%-0.8%-0.0%-0.3%-5.7%-0.0%
Earnings yield-128.7%3.0%0.2%-8.5%-0.2%-1.4%-12.5%-0.0%
Enterprise value$862.6K$116.9M$1.7B$837.6M$25.9B$1.4B$78.4M$350.7M
Net debt / EBITDA6.95×-0.01×0.54×-0.06×-0.46×-1.4×-0.65×-0.32×
Cash conversion cycle (days)206519-438-103109104-50