Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
16/100RyuScore 16 out of 100, Weak
16
Weak. GitLab Inc. scores higher than 16% of the 2,231 companies Ryufin scores.
Carried by earnings quality, 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
10
25
10
16
16
2023202420252026today
The biggest move was up 15 points from 2023 to 2024, mostly capital allocation.
Valuation
26% of the score, 33% here after data gaps
0median 53
An operating loss over the last year: there are no earnings to price.
Return on capital
18% of the score, 23% here after data gaps
0median 24
Over 5 years the business earned -40% a year after tax on the capital it uses.
2%
8%
15%
25%
-40%
None at 2% or less, full points from 25%full points
Return on capital by year
5 years agolatest -9.6%
Return on new capital
16% of the score, 20% here after data gaps
0median 33
No operating profit over the period, so nothing was earned to reinvest.
Capital allocation
14% of the score, 18% here after data gaps
48median 63
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countUp 4% a year over 3 years: new shares
13
5%
-3%
4%
0 pointsfull points
Assets against salesAssets grew 37% a year, sales 44%
100
12%
-2%
-7.8%
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
Taken out: its 8% is shared by the others
n/ano data
No debt or interest figures on file.
Earnings quality
6% of the score, 8% here after data gaps
100median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
AccrualsCash ran ahead of profit by 18.5% of assets
100
8%
0%
-8%
-19%
0 pointsfull points
Beneish M-score-3.05
100
-1.50
-1.78
-2.22
-3.00
-3.05
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 GTLB, cycle position and balance sheet could not be measured from the filings, so they are 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.