NEOGNeogen Corporation

$13.73+143% 1Y

RyuScore

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

RyuScore 17 out of 100, Weak

Weak. Neogen Corporation scores higher than 16% of the 1,794 companies Ryufin scores.

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

Healthcare median 27 · all companies 50

Valuation

26% of the score

0median 13

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

Return on capital

18% of the score

0median 34

Over 7 years the business earned -5.3% a year after tax on the capital it uses.

2%
8%
15%
25%
-5.3%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest -0.6%

Return on new capital

16% of the score

0median 49

No operating profit over the period, so nothing was earned to reinvest.

Capital allocation

14% of the score

0median 64

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

Share countUp 15.2% a year over 5 years: new shares
0
5%
-3%
15%
0 pointsfull points
Assets against salesAssets grew 29% a year, sales 13%
0
12%
-2%
16%
0 pointsfull points

Cycle position

12% of the score

100median 62

Today's operating margin of -2.5% is -0.26x its normal 9.5%: 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
-0.3x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow -2.5%

Balance sheet

8% of the score

0median 50

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

Net debt to EBITDA14.9x a year of EBITDA
0
4.5x
0.5x
14.9x
0 pointsfull points
Interest coverOperating profit covers interest -0x
0
1.5x
12x
-0.4x
0 pointsfull points

Earnings quality

6% of the score

87median 90

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

AccrualsCash ran ahead of profit by 2.7% of assets
73
8%
0%
-8%
-2.7%
0 pointsfull points
Beneish M-score-4.27
100
-1.50
-1.78
-2.22
-3.00
-4.27
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 2026-05-31, latest annual report FY2026.