Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
79/100RyuScore 79 out of 100, Strong
79
Today's price. Only valuation depends on it.
-50%-40%-30%-20%-10%today+10%+20%+30%
Strong. Shell plc scores higher than 93% of the 2,231 companies Ryufin scores.
Carried by valuation and return on new capital, held back by return on capital and cycle position.
Energy median 61 · all companies 55
Valuation
26% of the score
100median 53
Shell plc is valued at 6.5x its operating profit, including debt: cheap enough for full points.
60x
50x
35x
25x
18x
12x
8x
6.5x
Full points at 8x or less, none from 60xfull points
Return on capital
18% of the score
41median 24
Over 7 years the business earned 7.5% a year after tax on the capital it uses.
2%
8%
15%
25%
7.5%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 14%
Return on new capital
16% of the score
100median 33
For every dollar of operating profit earned over 6 years, yearly profit grew by 27 cents. It did so while using less capital than before.
-5%
12%
27%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score
100median 63
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countDown 5.3% a year over 5 years: buybacks
100
5%
-3%
-5.3%
0 pointsfull points
Assets against salesAssets grew -0.5% a year, sales 8.1%
100
12%
-2%
-8.6%
0 pointsfull points
Cycle position
12% of the score
19median 63
Today's operating margin of 20% is 1.62x its normal 13%: near a peak, where margins tend to fall back. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.
2x
1.5x
1x
0.7x
1.6x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 20%
Balance sheet
8% of the score
97median 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 2.85x profit over 3 years
100
0.7x
1x
1.3x
2.8x
0 pointsfull points
AccrualsCash ran ahead of profit by 6.6% of assets
93
8%
0%
-8%
-6.6%
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. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.
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 2025-06-30, latest annual report FY2025.