CECOCECO Environmental Corp.

$72.25+60% 1Y

RyuScore

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

RyuScore 48 out of 100, Average

Average. CECO Environmental Corp. scores higher than 36% of the 1,794 companies Ryufin scores.

Carried by return on new capital and cycle position, held back by valuation and return on capital.

Industrials median 61 · all companies 57

How the score has moved

At each fiscal year end, from the reports and price of the time
52
54
52
54
45
55
48
202020212022202320242025today

The biggest move was up 10 points from 2024 to 2025, mostly valuation.

Valuation

26% of the score

0median 56

An operating loss over the last year: there are no earnings to price.

Return on capital

18% of the score

40median 34

Over 7 years the business earned 7.3% a year after tax on the capital it uses.

2%
8%
15%
25%
7.3%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 13%

Return on new capital

16% of the score

100median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 28 cents. New capital earned 17%, and 168% of profit went back into the business.

-5%
12%
28%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

73median 67

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

Share countUp 0.6% a year over 5 years: new shares
55
5%
-3%
0.6%
0 pointsfull points
Assets against salesAssets grew 16% a year, sales 20%
100
12%
-2%
-3.3%
0 pointsfull points

Cycle position

12% of the score

100median 62

Today's operating margin of -0.6% is -0.11x its normal 5.3%: near a trough. 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
-0.1x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow -0.6%

Balance sheet

8% of the score

0median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA32.1x a year of EBITDA
0
4.5x
0.5x
32.1x
0 pointsfull points
Interest coverAn operating loss: the interest is not covered
0
1.5x
12x
-0.2x
0 pointsfull points

Earnings quality

6% of the score

39median 90

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

Cash against profitOperating cash flow was 0.99x profit over 3 years
59
0.7x
1x
1.3x
1x
0 pointsfull points
AccrualsProfit ran ahead of cash by 5.3% of assets
20
8%
0%
-8%
5.3%
0 pointsfull points
Beneish M-scoreTaken out: sales grew 39% in a year, and the model flags that much growth on its own
n/a

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.