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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
-34933.7%
-$937.03
vs $2.69 price
Levered DCF
-$667.71
After debt service
Piotroski score
2 / 9
Weak
Altman Z-score
-15.62
Distress zone
Rating
C
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E-0.14×-0.8×-0.18×-0.33×-5.49×-29.67×-147.85×
P/B0.24×2.83×1.55×0.31×1.51×25.69×-324.9×
P/S0.48×0.21×0.13×0.52×12.99×3,966.19×0×
EV / EBITDA-7.3×-0.77×-0.2×-0.69×-3.84×-28.58×-150.64×
Gross margin-13.5%21.0%23.3%39.7%27.0%67.0%0.0%
Operating margin-26.8%-26.3%-66.2%-141.4%-211.6%-13475.5%0.0%
Net margin-338.7%-26.7%-75.0%-156.9%-236.6%-13367.9%0.0%
Current ratio1.01×1.05×1.31×1.79×7.84×6.43×0.21×
Debt / equity0.76×1.09×0.57×0.07×0.02×0.04×-1.03×
Interest coverage-48.05×-73.45×-547.33×0×-593.84×-476.13×-144.65×
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-171.3%-352.7%-890.6%-92.2%-27.5%-86.6%219.8%
Return on invested capital-7.7%-150.7%-482.9%-69.7%-23.7%-83.8%-11743.8%
Return on assets-92.8%-60.7%-241.4%-64.7%-24.9%-72.8%-242.5%
Free cash flow yield-51.1%-40.4%-86.2%-98.6%-21.1%-2.1%-0.1%
Earnings yield-701.2%-124.5%-574.3%-300.0%-18.2%-3.4%-0.7%
Enterprise value$65.5M$11.7M$9.3M$12.3M$80.3M$405.5M$421.6M
Net debt / EBITDA-5.38×0.07×0.01×0.29×1.73×1.05×-0.42×
Cash conversion cycle (days)44755114262-9,019-4,629