Valuation
26% of the score, 30% here after data gaps
56median 56
Cardinal Health is valued at 23x its operating profit, including debt: a rich multiple.
60x
50x
35x
25x
18x
12x
8x
23x
Full points at 8x or less, none from 60xfull points
CAHCardinal Health
$219.74+48% 1Y
$219.74
$146.2752 weeks$248.55
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 62 out of 100, Above average
Today's price. Only valuation depends on it.
Above average. Cardinal Health scores higher than 59% of the 1,794 companies Ryufin scores.
Carried by return on new capital and capital allocation, held back by return on capital.
Healthcare median 28 · all companies 57
How the score has moved
At each fiscal year end, from the reports and price of the time31
22
42
52
66
62
20212022202320242025today
The biggest move was up 20 points from 2022 to 2023, mostly valuation.
Return on capital
18% of the score, 20% here after data gaps
0median 34
Over 7 years the business earned 1.2% a year after tax on the capital it uses.
2%
8%
15%
25%
1.2%
None at 2% or less, full points from 25%full points
7 years agolatest 19%
Return on new capital
16% of the score, 18% here after data gaps
100median 49
For every dollar of operating profit earned over 6 years, yearly profit grew by 43 cents. It did so while using less capital than before.
-5%
12%
43%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score, 16% here after data gaps
100median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countDown 4.2% a year over 5 years: buybacks
1005%
-3%
-4.2%
0 pointsfull points
Assets against salesAssets grew 5.2% a year, sales 9.4%
10012%
-2%
-4.2%
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
64median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDA1.9x a year of EBITDA
654.5x
0.5x
1.9x
0 pointsfull points
Interest coverOperating profit covers interest 8x
621.5x
12x
8x
0 pointsfull points
Earnings quality
6% of the score, 7% here after data gaps
85median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 2.75x profit over 3 years
1000.7x
1x
1.3x
2.7x
0 pointsfull points
AccrualsCash ran ahead of profit by 6.3% of assets
918%
0%
-8%
-6.3%
0 pointsfull points
Beneish M-score-2.30
64-1.50
-1.78
-2.22
-3.00
-2.30
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 CAH, 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 2025-12-31, latest annual report FY2026.