OSPNOneSpan Inc.

$17.99+18% 1Y

RyuScore

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

RyuScore 64 out of 100, Above average

Above average. OneSpan Inc. scores higher than 67% of the 2,291 companies Ryufin scores.

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

Technology median 43 · all companies 54

How the score has moved

At each fiscal year end, from the reports and price of the time
36
32
19
20
64
2020202120222023today

The biggest move was up 44 points from 2023 to today, mostly valuation.

Valuation

26% of the score, 33% here after data gaps

82median 50

OneSpan Inc. is valued at 14.1x its operating profit before acquisition amortisation (EBITA), including debt: an ordinary multiple.

60x
50x
35x
25x
18x
12x
8x
14.1x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score, 23% here after data gaps

0median 23

Over 7 years the business earned 1.2% a year after tax on the capital it uses.

2%
8%
15%
25%
1.2%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 27%

Return on new capital

16% of the score, 20% here after data gaps

100median 33

For every dollar of operating profit earned over 6 years, yearly profit grew by 560 cents. It did so while using less capital than before.

-5%
12%
560%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score, 18% here after data gaps

80median 63

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

Share countDown 0.6% a year over 5 years: buybacks
70
5%
-3%
-0.6%
0 pointsfull points
Assets against salesAssets grew 1.2% a year, sales 2.4%
95
12%
-2%
-1.3%
0 pointsfull points

Cycle position

Taken out: its 12% is shared by the others

n/ano data

Margins have been too thin to measure a cycle against.

Balance sheet

Taken out: its 8% is shared by the others

n/ano data

No debt or interest figures on file.

Earnings quality

6% of the score, 8% here after data gaps

49median 90

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

Cash against profitOperating cash flow was 1.04x profit over 3 years
66
0.7x
1x
1.3x
1x
0 pointsfull points
AccrualsProfit ran ahead of cash by 3.6% of assets
33
8%
0%
-8%
3.6%
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 OSPN, cycle position and balance sheet could not be measured from the filings, so they are 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.