Valuation
26% of the score
48median 56
TXNM Energy, Inc. is valued at 25.9x its operating profit, including debt: a rich multiple.
60x
50x
35x
25x
18x
12x
8x
25.9x
Full points at 8x or less, none from 60xfull points
TXNMTXNM Energy, Inc.
$58.25+4.9% 1Y
$58.25
$55.3452 weeks$59.48
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 44 out of 100, Below average
Today's price. Only valuation depends on it.
Below average. TXNM Energy, Inc. scores higher than 33% of the 1,794 companies Ryufin scores.
Carried by return on new capital and earnings quality, held back by return on capital and capital allocation.
Utilities median 49 · all companies 57
How the score has moved
At each fiscal year end, from the reports and price of the time48
49
53
48
47
44
44
202020212022202320242025today
The biggest move was down 5 points from 2022 to 2023, mostly valuation.
Return on capital
18% of the score
11median 34
Over 7 years the business earned 3.5% a year after tax on the capital it uses.
2%
8%
15%
25%
3.5%
None at 2% or less, full points from 25%full points
7 years agolatest 3.9%
Return on new capital
16% of the score
84median 49
For every dollar of operating profit earned over 6 years, yearly profit grew by 9 cents. New capital earned 5.7%, and 161% of profit went back into the business.
-5%
12%
9.3%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score
30median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countUp 5% a year over 5 years: new shares
05%
-3%
5%
0 pointsfull points
Assets against salesAssets grew 8.7% a year, sales 7.3%
7612%
-2%
1.4%
0 pointsfull points
Cycle position
12% of the score
53median 62
Today's operating margin of 20% is 1.15x its normal 18%: above 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
10 years agonow 20%
Balance sheet
8% of the score
1median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDA5.7x a year of EBITDA
04.5x
0.5x
5.7x
0 pointsfull points
Interest coverOperating profit covers interest 2x
11.5x
12x
1.6x
0 pointsfull points
Earnings quality
6% of the score
89median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 3.07x profit over 3 years
1000.7x
1x
1.3x
3.1x
0 pointsfull points
AccrualsCash ran ahead of profit by 3.6% of assets
788%
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. 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 2026-03-31, latest annual report FY2025.