Valuation
26% of the score
0median 50
An operating loss over the last year: there are no earnings to price.
WNCWabash National Corporation
$13.42+49% 1Y
$13.42
$6.7752 weeks$14.30
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 33 out of 100, Below average
Below average. Wabash National Corporation scores higher than 30% of the 2,291 companies Ryufin scores.
Carried by capital allocation and cycle position, held back by valuation and return on new capital.
Industrials median 59 · all companies 54
How the score has moved
At each fiscal year end, from the reports and price of the time38
43
64
80
30
54
33
202020212022202320242025today
The biggest move was down 50 points from 2023 to 2024, mostly valuation.
Return on capital
18% of the score
24median 23
Over 7 years the business earned 5.1% a year after tax on the capital it uses.
2%
8%
15%
25%
5.1%
None at 2% or less, full points from 25%full points
7 years agolatest 25%
Return on new capital
16% of the score
0median 33
Over 6 years yearly profit fell by 13 cents for every dollar earned. New capital earned -19%, and 67% of profit went back into the business.
-5%
12%
-13%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score
96median 63
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countDown 4.6% a year over 5 years: buybacks
1005%
-3%
-4.6%
0 pointsfull points
Assets against salesAssets grew 0.2% a year, sales 0.8%
9012%
-2%
-0.6%
0 pointsfull points
Cycle position
12% of the score
100median 63
Today's operating margin of -4% is -0.76x its normal 5.3%: near a trough. 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
-0.8x
A trough earns points, a peak costs themfull points
10 years agonow -4%
Balance sheet
8% of the score
0median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDANet debt with no operating cash profit.
0Interest coverAn operating loss: the interest is not covered
01.5x
12x
-2.6x
0 pointsfull points
Earnings quality
6% of the score
50median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 2.83x profit over 3 years
1000.7x
1x
1.3x
2.8x
0 pointsfull points
AccrualsProfit ran ahead of cash by 15.5% of assets
08%
0%
-8%
15%
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.
Farm & Heavy Construction Machinery
Ranks #13 of 14 by RyuScore