WEXWEX Inc.

$177.09+2.7% 1Y

RyuScore

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

RyuScore 80 out of 100, Strong
Today's price. Only valuation depends on it.

Strong. WEX Inc. scores higher than 96% of the 1,794 companies Ryufin scores.

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

Technology median 43 · all companies 50

Valuation

26% of the score

100median 13

WEX Inc. is valued at 4.3x its operating profit before acquisition amortisation (EBITA), including debt: cheap enough for full points.

25x
20x
15x
10x
6x
4.3x
Full points at 6x or less, none from 25xfull points

Return on capital

18% of the score

50median 34

Over 7 years the business earned 9% a year after tax on the capital it uses.

2%
8%
15%
25%
9%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 30%

Return on new capital

16% of the score

100median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 21 cents. It did so while using less capital than before.

-5%
12%
21%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

92median 64

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

Share countDown 3.9% a year over 5 years: buybacks
100
5%
-3%
-3.9%
0 pointsfull points
Assets against salesAssets grew 12% a year, sales 11%
81
12%
-2%
0.7%
0 pointsfull points

Cycle position

12% of the score

52median 62

Today's operating margin of 25% is 1.16x its normal 22%: 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
1.2x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 25%

Balance sheet

8% of the score

69median 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 5x
38
1.5x
12x
5.4x
0 pointsfull points

Earnings quality

6% of the score

79median 90

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

Cash against profitOperating cash flow was 2.09x profit over 3 years
100
0.7x
1x
1.3x
2.1x
0 pointsfull points
AccrualsCash ran ahead of profit by 1.1% of assets
65
8%
0%
-8%
-1.1%
0 pointsfull points
Beneish M-score-2.44
71
-1.50
-1.78
-2.22
-3.00
-2.44
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.

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