Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
50/100RyuScore 50 out of 100, Average
50
Average. DocuSign, Inc. scores higher than 44% of the 2,231 companies Ryufin scores.
Carried by return on new capital and the balance sheet, held back by valuation and return on capital.
Technology median 46 · all companies 55
How the score has moved
At each fiscal year end, from the reports and price of the time
11
17
18
50
202120222023today
The biggest move was up 32 points from 2023 to today, mostly return on new capital.
Valuation
26% of the score, 30% here after data gaps
22median 53
DocuSign, Inc. is valued at 39.6x its operating profit, including debt: a very rich multiple.
60x
50x
35x
25x
18x
12x
8x
39.6x
Full points at 8x or less, none from 60xfull points
Return on capital
18% of the score, 20% here after data gaps
0median 24
Over 7 years the business earned -0.6% a year after tax on the capital it uses.
2%
8%
15%
25%
-0.6%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 17%
Return on new capital
16% of the score, 18% here after data gaps
100median 33
For every dollar of operating profit earned over 6 years, yearly profit grew by 103 cents. New capital earned 31%, and 335% of profit went back into the business.
-5%
12%
103%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score, 16% here after data gaps
60median 63
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countUp 2.4% a year over 5 years: new shares
33
5%
-3%
2.4%
0 pointsfull points
Assets against salesAssets grew 13% a year, sales 17%
100
12%
-2%
-4.7%
0 pointsfull points
Cycle position
Taken out: its 12% is shared by the others
n/ano data
Margins have been too thin to measure a cycle against.
Balance sheet
8% of the score, 9% here after data gaps
100median 50
What the debt weighs against the profit that has to carry it.
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 2.18x profit over 3 years
100
0.7x
1x
1.3x
2.2x
0 pointsfull points
AccrualsCash ran ahead of profit by 20.8% of assets
100
8%
0%
-8%
-21%
0 pointsfull points
Beneish M-score-3.25
100
-1.50
-1.78
-2.22
-3.00
-3.25
0 pointsfull points
How the RyuScore works
Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. For DOCU, cycle position could not be measured from the filings, so it is taken out and the remaining weights scale up.
Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-07-31, latest annual report FY2026.