Valuation
26% of the score
49median 13
Amgen is valued at 16.8x its operating profit before acquisition amortisation (EBITA), including debt: an ordinary multiple.
25x
20x
15x
10x
6x
16.8x
Full points at 6x or less, none from 25xfull points
AMGNAmgen
$418.17+51% 1Y
$418.17
$265.4052 weeks$444.20
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 59 out of 100, Average
Today's price. Only valuation depends on it.
Average. Amgen scores higher than 66% of the 1,794 companies Ryufin scores.
Carried by return on capital and capital allocation, held back by return on new capital and the balance sheet.
Healthcare median 27 · all companies 50
Return on capital
18% of the score
81median 34
Over 7 years the business earned 16% a year after tax on the capital it uses.
2%
8%
15%
25%
16%
None at 2% or less, full points from 25%full points
7 years agolatest 13%
Return on new capital
16% of the score
24median 49
Over 6 years yearly profit fell by 1 cents for every dollar earned. New capital earned -1.6%, and 54% of profit went back into the business.
-5%
12%
-0.9%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score
85median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countDown 1.7% a year over 5 years: buybacks
845%
-3%
-1.7%
0 pointsfull points
Assets against salesAssets grew 7.5% a year, sales 7.6%
8612%
-2%
-0.1%
0 pointsfull points
Cycle position
12% of the score
74median 62
Today's operating margin of 30% is 0.93x its normal 32%: close to its usual level. 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
0.9x
A trough earns points, a peak costs themfull points
10 years agonow 30%
Balance sheet
8% of the score
31median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDA3.1x a year of EBITDA
364.5x
0.5x
3.1x
0 pointsfull points
Interest coverOperating profit covers interest 4x
271.5x
12x
4.3x
0 pointsfull points
Earnings quality
6% of the score
78median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 1.62x profit over 3 years
1000.7x
1x
1.3x
1.6x
0 pointsfull points
AccrualsCash ran ahead of profit by 2.5% of assets
728%
0%
-8%
-2.5%
0 pointsfull points
Beneish M-score-2.26
62-1.50
-1.78
-2.22
-3.00
-2.26
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 2026-06-30, latest annual report FY2025.
Drug Manufacturers, General
The closest names by size in the same industry