NABLN-able, Inc.

$4.50-40% 1Y

RyuScore

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

RyuScore 66 out of 100, Above average
Today's price. Only valuation depends on it.

Above average. N-able, Inc. scores higher than 69% of the 2,291 companies Ryufin scores.

Carried by valuation and return on new capital, held back by return on capital and the balance sheet.

Technology median 43 · all companies 54

Valuation

26% of the score

81median 50

N-able, Inc. is valued at 14.3x its operating profit before acquisition amortisation (EBITA), including debt: an ordinary multiple.

60x
50x
35x
25x
18x
12x
8x
14.3x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

12median 23

Over 5 years the business earned 3.6% a year after tax on the capital it uses.

2%
8%
15%
25%
3.6%
None at 2% or less, full points from 25%full points
Return on capital by year
5 years agolatest 2.4%

Return on new capital

16% of the score

90median 33

For every dollar of operating profit earned over 6 years, yearly profit grew by 10 cents. New capital earned 9.9%, and 103% of profit went back into the business.

-5%
12%
10%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

51median 63

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

Share countUp 3.5% a year over 5 years: new shares
19
5%
-3%
3.5%
0 pointsfull points
Assets against salesAssets grew 5.5% a year, sales 11%
100
12%
-2%
-5.5%
0 pointsfull points

Cycle position

12% of the score

100median 63

Today's operating margin of 9.5% is 0.69x its normal 14%: near a trough. Normal is half the 7 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
0.7x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
7 years agonow 9.5%

Balance sheet

8% of the score

40median 50

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

Net debt to EBITDA2.9x a year of EBITDA
40
4.5x
0.5x
2.9x
0 pointsfull points

Earnings quality

6% of the score

100median 90

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

Cash against profitOperating cash flow was 7.35x profit over 3 years
100
0.7x
1x
1.3x
7.3x
0 pointsfull points
AccrualsCash ran ahead of profit by 8.2% of assets
100
8%
0%
-8%
-8.2%
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.