OSWOneSpaWorld Holdings Limited

$22.79+3.8% 1Y

RyuScore

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

RyuScore 50 out of 100, Average
Today's price. Only valuation depends on it.

Average. OneSpaWorld Holdings Limited scores higher than 40% of the 1,794 companies Ryufin scores.

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

Consumer Cyclical median 67 · all companies 57

How the score has moved

At each fiscal year end, from the reports and price of the time
7
2
23
26
50
50
20212022202320242025today

The biggest move was up 24 points from 2024 to 2025, mostly return on new capital.

Valuation

26% of the score

49median 56

OneSpaWorld Holdings Limited is valued at 25.4x its operating profit before acquisition amortisation (EBITA), including debt: a rich multiple.

60x
50x
35x
25x
18x
12x
8x
25.4x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

0median 34

Over 6 years the business earned -3.1% a year after tax on the capital it uses.

2%
8%
15%
25%
-3.1%
None at 2% or less, full points from 25%full points
Return on capital by year
6 years agolatest 12%

Return on new capital

16% of the score

100median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 149 cents. New capital earned 500%, and 0.6% of profit went back into the business.

-5%
12%
149%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

40median 64

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

Share countUp 6.9% a year over 5 years: new shares
0
5%
-3%
6.9%
0 pointsfull points
Assets against salesAssets grew 0.1% a year, sales 51%
100
12%
-2%
-51%
0 pointsfull points

Cycle position

12% of the score

26median 62

Today's operating margin of 8.9% is 1.49x its normal 6%: near a peak, where margins tend to fall back. Normal is half the 8 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
1.5x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
8 years agonow 8.9%

Balance sheet

8% of the score

100median 50

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

Net debt to EBITDA0.4x a year of EBITDA
100
4.5x
0.5x
0.4x
0 pointsfull points
Interest coverOperating profit covers interest 17x
100
1.5x
12x
16.8x
0 pointsfull points

Earnings quality

6% of the score

84median 90

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

Cash against profitOperating cash flow was 1.59x profit over 3 years
100
0.7x
1x
1.3x
1.6x
0 pointsfull points
AccrualsCash ran ahead of profit by 1.6% of assets
68
8%
0%
-8%
-1.6%
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. 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.