SEICSEI Investments Company

$104.86+21% 1Y

RyuScore

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

RyuScore 71 out of 100, Above average
Today's price. Only valuation depends on it.

Above average. SEI Investments Company scores higher than 86% of the 1,794 companies Ryufin scores.

Carried by return on capital and capital allocation, with nothing holding it far back.

Financial Services median 58 · all companies 50

Valuation

26% of the score

53median 13

SEI Investments Company is valued at 16.2x its operating profit, including debt: an ordinary multiple.

25x
20x
15x
10x
6x
16.2x
Full points at 6x or less, none from 25xfull points

Return on capital

18% of the score

100median 34

Over 7 years the business earned 34% a year after tax on the capital it uses.

2%
8%
15%
25%
34%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 31%

Return on new capital

16% of the score

49median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 3 cents.

-5%
12%
3.3%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

96median 64

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

Share countDown 3.1% a year over 5 years: buybacks
100
5%
-3%
-3.1%
0 pointsfull points
Assets against salesAssets grew 4.5% a year, sales 5.2%
91
12%
-2%
-0.7%
0 pointsfull points

Cycle position

12% of the score

60median 62

Today's operating margin of 27% is 1.06x its normal 26%: close to its usual level. 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
1.1x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 27%

Balance sheet

8% of the score

100median 50

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

Net debt to EBITDAMore cash than debt
100
Interest coverOperating profit covers interest 1030x
100
1.5x
12x
1030.1x
0 pointsfull points

Earnings quality

6% of the score

51median 90

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

Cash against profitOperating cash flow was 0.95x profit over 3 years
51
0.7x
1x
1.3x
1x
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.