Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
31/100RyuScore 31 out of 100, Below average
31
Today's price. Only valuation depends on it.
-50%-40%-30%-20%-10%today+10%+20%+30%
Below average. California Water Service Group scores higher than 25% of the 1,794 companies Ryufin scores.
Carried by return on new capital and earnings quality, held back by valuation and return on capital.
Utilities median 40 · all companies 50
Valuation
26% of the score
5median 13
California Water Service Group is valued at 24.2x its operating profit, including debt: a rich multiple.
25x
20x
15x
10x
6x
24.2x
Full points at 6x or less, none from 25xfull points
Return on capital
18% of the score
9median 34
Over 7 years the business earned 3.2% a year after tax on the capital it uses.
2%
8%
15%
25%
3.2%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 2.9%
Return on new capital
16% of the score
70median 49
For every dollar of operating profit earned over 6 years, yearly profit grew by 7 cents. New capital earned 2.4%, and 288% of profit went back into the business.
-5%
12%
6.8%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score
31median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countUp 3.9% a year over 5 years: new shares
14
5%
-3%
3.9%
0 pointsfull points
Assets against salesAssets grew 11% a year, sales 6.7%
56
12%
-2%
4.1%
0 pointsfull points
Cycle position
12% of the score
55median 62
Today's operating margin of 19% is 1.12x its normal 17%: above 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
1.1x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 19%
Balance sheet
8% of the score
4median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDA5x a year of EBITDA
0
4.5x
0.5x
5x
0 pointsfull points
Interest coverOperating profit covers interest 2x
9
1.5x
12x
2.4x
0 pointsfull points
Earnings quality
6% of the score
88median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 2.19x profit over 3 years
100
0.7x
1x
1.3x
2.2x
0 pointsfull points
AccrualsCash ran ahead of profit by 3.2% of assets
76
8%
0%
-8%
-3.2%
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.