FWONKFormula One Group

$94.87-6.8% 1Y

RyuScore

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

RyuScore 37 out of 100, Below average
Today's price. Only valuation depends on it.

Below average. Formula One Group scores higher than 27% of the 1,794 companies Ryufin scores.

Carried by capital allocation and earnings quality, held back by return on capital and return on new capital.

Communication Services median 60 · all companies 57

Valuation

26% of the score

42median 56

Formula One Group is valued at 28.7x its operating profit before acquisition amortisation (EBITA), including debt: a rich multiple.

60x
50x
35x
25x
18x
12x
8x
28.7x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

0median 34

Over 7 years the business earned 1.8% a year after tax on the capital it uses.

2%
8%
15%
25%
1.8%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 4.1%

Return on new capital

16% of the score

0median 49

Over 6 years yearly profit fell by 23 cents for every dollar earned. It did so while using less capital than before.

-5%
12%
-23%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

100median 67

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

Share countDown 2.9% a year over 3 years: buybacks
99
5%
-3%
-2.9%
0 pointsfull points
Assets against salesAssets grew -19% a year, sales -14%
100
12%
-2%
-5.2%
0 pointsfull points

Cycle position

12% of the score

55median 62

Today's operating margin of 12% is 1.12x its normal 11%: 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 12%

Balance sheet

8% of the score

14median 50

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

Net debt to EBITDA3.5x a year of EBITDA
24
4.5x
0.5x
3.5x
0 pointsfull points
Interest coverOperating profit covers interest 2x
4
1.5x
12x
1.9x
0 pointsfull points

Earnings quality

6% of the score

72median 90

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

AccrualsCash ran ahead of profit by 2.5% of assets
72
8%
0%
-8%
-2.5%
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.