An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.
In plain words · NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives.
VERDICT
The label
Accumulation
read at $770.23
NewMarket Corporation holds its Accumulation at $770.23.
PHPhase · the trend structure carries the Accumulation label
INInsiders · no filings inside 60 days, left as found
POPositioning · no disclosures inside 60 days, left as found
OPOptions · no verdict drawn today, left as found
SCScreen · passes the values gate
edge confirmed
edge broken
edge forming
Each arm is one independent read. Conviction is not a single call, it is how many edges converge.
INVESTOR
The investor read · the season, not the day
As held on the ledger · 2026-07-19
Phase
Accumulation
Quantitative state
Consolidating, no directional conviction, held for 52 days
Price
$770.23
Valuation
17.57 trailing · 29.83 forward price to earnings
Values screen
PASS· score 70.0
Beta
0.58
OPPORTUNITY
The opportunity · what the numbers say it is worth
Read at
$770.23
17.57 P/E · 29.83 fwd
Our fair value
$385.12
50% premium
Price history & projections · where it has been, where the models see it going
The valuation journey · where the price sits against fair value and the Street
Current
$770.23
you are here
Conservative
$385.12
-50%
Our fair value
$385.12
-50%
Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.
Revenue growth
-4.50%
Profit margin
15.25%
Debt to equity
58.86
Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.
SCREEN
The values screen, explained · five checks, plain English
This company clears both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. Here is how it did on each:
The common standard· AAOIFI Used by most halal investing apps✓ PASSES
Our stricter standard· asset-based The one Titan applies✓ PASSES
Business activityIts core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending.Pass
Debt loadInterest-bearing debt is of its assets, above the one-third ceiling the screen allows.Fail
Interest-bearing cashInterest-bearing cash and securities are of assets, above the one-third limit.Fail
ReceivablesMoney owed to the company is of assets, above the 49% limit.Fail
Revenue purityOnly 0.0% of revenue comes from non-compliant sources — under the 5% line.Pass
Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.
PLAIN
The business, in plain words · what the numbers mean
Picture every lorry and factory engine quietly relying on the right chemical mix to keep running. NewMarket supplies those petroleum additives, yet its shares sit at 770 dollars against a fair value near 385. Revenue is already sliding 4 percent and the forward multiple of 29.8 times earnings leaves no cushion for the swings that define specialty chemicals.
The business earns a solid 15 percent profit margin and 25 percent return on equity, and it clears the ethical screen. Those strengths, however, cannot offset the absence of any margin of safety. In a cyclical sector, high multiples often signal peak conditions rather than durable growth, which is why the opportunity rating stays at none.
Valuation risk is the core issue here. A sharp downturn in lubricant demand would compress earnings quickly, and the current price offers no protection against that outcome. Analysis, not advice.
Screened names in the same industry · explore each on its own page.
TRADE
Where & how to trade · wherever in the world you are
NEU trades on the NYSE. As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.
TRADER
The trader read · the latest dated commentary
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading overbought. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 23%. Entered 2026-07-18 · Accumulation
JOURNAL
The dated journal · newest first, never edited
2026-07-18Accumulation$833.33+0.0%Entry 3
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading overbought. Over the past year the shares are up 27%. Our forward projection puts the odds of a 10% gain over the next month near 23%.
2026-07-03Accumulation$833.33+0.0%Entry 2
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Accumulation$833.33Entry 1
The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
RETURNS
What holding actually paid · price plus dividends
If $1,000 had been placed · historical, not a promise
Period
Price then
Price return
Divs per share
$1,000 became
Total return
1 month
$686.25
+19.9%
·
$1,199
+19.9%
2 months
$628.74
+30.9%
·
$1,309
+30.9%
3 months
$585.06
+40.6%
$3.00
$1,411
+41.1%
6 months
$766.78
+7.3%
$6.00
$1,081
+8.1%
1 year
$649.75
+26.6%
$11.50
$1,284
+28.4%
2 years
$513.07
+60.4%
$21.75
$1,646
+64.6%
3 years
$379.86
+116.6%
$31.00
$2,248
+124.8%
5 years
$302.46
+172.0%
$47.60
$2,877
+187.7%
Historical returns from market close data. Past performance does not guarantee future results.
SEALED
This entry now belongs to the ledger. Whatever NEU does next, these words stay.
NewMarket Corporation · NEU · Accumulation · $770.23
Recorded 2026-07-19 · before the outcome · scored mechanically
