"Times Higher Education" 100 under 50 ranking is a new twist to the university ranking. It focuses on universities that have a history of 50 years or less with the purpose of offsetting the advantage of prestige of the older ones. This article re-analysed the data publicly available and looked into relevant conceptual and statistical issues. The much publicised minor modification made to citations by the ranker is found to produce no substantial effect on ranking. Gross inconsistencies between intended and attained indicator weights are found. Teaching, research and citations predicted 98% of the criterion variance. Implications for refinement and interpretation of ranking results are discussed. (Contains 3 tables.)