PONYPony AI Inc.

$6.94-51% 1Y

RyuScore

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

RyuScore 12 out of 100, Weak

Weak. Pony AI Inc. scores higher than 8% of the 1,794 companies Ryufin scores.

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

Technology median 48 · all companies 57

Valuation

26% of the score, 30% here after data gaps

0median 56

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

Return on capital

18% of the score, 20% here after data gaps

0median 34

Over 3 years the business earned -98% a year after tax on the capital it uses.

2%
8%
15%
25%
-98%
None at 2% or less, full points from 25%full points
Return on capital by year
3 years agolatest -65%

Return on new capital

16% of the score, 18% here after data gaps

0median 49

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

Capital allocation

14% of the score, 16% here after data gaps

0median 64

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

Share countUp 64.5% a year over 3 years: new shares
0
5%
-3%
65%
0 pointsfull points
Assets against salesAssets grew 33% a year, sales 9.6%
0
12%
-2%
23%
0 pointsfull points

Cycle position

Taken out: its 12% is shared by the others

n/ano data

Fewer than five years of margins on file.

Balance sheet

8% of the score, 9% here after data gaps

100median 50

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

Net debt to EBITDAMore cash than debt
100
Interest coverNo interest to pay
100

Earnings quality

6% of the score, 7% here after data gaps

44median 90

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

AccrualsProfit ran ahead of cash by 2.2% of assets
44
8%
0%
-8%
2.2%
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. For PONY, cycle position 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 2025-12-31, latest annual report FY2025.