VCELVericel Corporation

$42.51+22% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 24 out of 100, Weak

Weak. Vericel Corporation scores higher than 24% of the 2,231 companies Ryufin scores.

Carried by the balance sheet and earnings quality, held back by valuation and return on capital.

Healthcare median 19 · all companies 55

How the score has moved

At each fiscal year end, from the reports and price of the time
7
7
11
24
202120222023today

The biggest move was up 13 points from 2023 to today, mostly the balance sheet.

Valuation

26% of the score, 30% here after data gaps

0median 53

Vericel Corporation is valued at 119.4x its operating profit, including debt: past the 60 times where this criterion gives nothing.

60x
50x
35x
25x
18x
12x
8x
119.4x
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 -2.5% a year after tax on the capital it uses.

2%
8%
15%
25%
-2.5%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 3.7%

Return on new capital

16% of the score, 18% here after data gaps

0median 33

No operating profit over the period, so nothing was earned to reinvest.

Capital allocation

14% of the score, 16% here after data gaps

53median 63

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 2% a year over 5 years: new shares
38
5%
-3%
2%
0 pointsfull points
Assets against salesAssets grew 19% a year, sales 17%
75
12%
-2%
1.5%
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.

Interest coverOperating profit covers interest 29x
100
1.5x
12x
28.5x
0 pointsfull points

Earnings quality

6% of the score, 7% here after data gaps

91median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 6.13x profit over 3 years
100
0.7x
1x
1.3x
6.1x
0 pointsfull points
AccrualsCash ran ahead of profit by 7.7% of assets
98
8%
0%
-8%
-7.7%
0 pointsfull points
Beneish M-score-2.49
74
-1.50
-1.78
-2.22
-3.00
-2.49
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 VCEL, 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 2026-06-30, latest annual report FY2025.

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