Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical passes the values gate
Price34.66 USD
Fair value36.75
Ethical score70.0/100
Our investment reviews on this name
2026-09-14Read Markdown37.89-8.5% to today ✓
2026-07-02Read Markup31.87+8.8% to today ✓
Our analytic regime reads on this name, dated and marked against today's price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Interface, Inc. holds its Markdown at $34.66. Elevated stress, defensive posture warranted, held for 186 days.
As held on the ledger · 2026-09-16
Phase
Markdown · caution
Quantitative state
Elevated stress, defensive posture warranted, held for 186 days
Price at the screen
$34.66
Valuation
14.03 trailing · 14.32 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.92
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
21.93%
Below 33%
Interest-bearing debt is just 21.9% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
20.37%
Below 49%
Money owed to the company is 20.4% of assets, under the 49% limit.
Pass
Revenue purity
0.00%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-16 screen. The gold marker is the market price at the same screen. A 6.0% margin of safety to the base estimate.
Third-party analyst targets: 4 covering, consensus None. The average target sits +30% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-16 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Office floors keep getting replaced but cycles bite
Walk into any refurbished office or hotel and the carpet tiles underfoot likely came from a handful of specialists who ship modular flooring around the world. Interface sits in that supply chain, posting 11% revenue growth, a 9% profit margin and a 22% return on equity while trading at 14.2 times forward earnings with an ethical screen cleared.
Yet the opportunity rating stays at none. The business is squarely cyclical, tied to commercial construction and refurbishment spending that rises and falls with economic confidence. A low multiple on current earnings can simply mark peak profits rather than a bargain, and an unknown moat leaves little protection if larger rivals or cheaper imports move in.
Currency swings, raw-material costs and sudden drops in fit-out budgets remain the real risks here, even with the modest 11% gap to the median analyst target. The numbers are respectable but they do not overcome the sector's timing problem.
The risks · The things to watch: it already moves more than the market on an average day.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
TILE trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-14Markdown · changed$37.89-1.7%Entry 5
The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 1.7% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading bullish. Over the past year the shares are up 46%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (4 analysts) rates it strong buy, with a mean price target of $37.
2026-08-14Markup$38.53+20.9%Entry 4
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 20.9% 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 C, carrying a low risk profile. Technically it is momentum reading bullish. Over the past year the shares are up 46%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (4 analysts) rates it strong buy, with a mean price target of $37.
2026-07-18Markup$31.87+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. 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 C, carrying a low risk profile. Technically it is momentum reading bullish. Over the past year the shares are up 46%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (4 analysts) rates it strong buy, with a mean price target of $37.
2026-07-03Markup$31.87+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. 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.
2026-07-02Markup$31.87Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. 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.
