Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
47/100RyuScore 47 out of 100, Average
47
Today's price. Only valuation depends on it.
-50%-40%-30%-20%-10%today+10%+20%+30%
Average. Hawaiian Electric Industries, Inc. scores higher than 45% of the 1,794 companies Ryufin scores.
Carried by valuation and earnings quality, held back by return on new capital and capital allocation.
Utilities median 40 · all companies 50
Valuation
26% of the score, 32% here after data gaps
78median 13
Hawaiian Electric Industries, Inc. is valued at 11.5x its operating profit, including debt: a low multiple.
25x
20x
15x
10x
6x
11.5x
Full points at 6x or less, none from 25xfull points
Return on capital
Taken out: its 18% is shared by the others
n/ano data
Fewer than three years of operating profit and capital on file.
Return on new capital
16% of the score, 20% here after data gaps
0median 49
No operating profit over the period, so nothing was earned to reinvest.
Capital allocation
14% of the score, 17% here after data gaps
40median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countUp 9.6% a year over 5 years: new shares
0
5%
-3%
9.6%
0 pointsfull points
Assets against salesAssets grew -9.9% a year, sales 3.6%
100
12%
-2%
-14%
0 pointsfull points
Cycle position
12% of the score, 15% here after data gaps
54median 62
Today's operating margin of 11% is 1.14x its normal 10%: 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 11%
Balance sheet
8% of the score, 10% here after data gaps
24median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDA3.1x a year of EBITDA
35
4.5x
0.5x
3.1x
0 pointsfull points
Interest coverOperating profit covers interest 3x
12
1.5x
12x
2.8x
0 pointsfull points
Earnings quality
6% of the score, 7% here after data gaps
75median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
AccrualsCash ran ahead of profit by 3% of assets
75
8%
0%
-8%
-3%
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 HE, return on capital 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 2026-06-30, latest annual report FY2025.