Screened 2026-09-11 · the tape above runs as of 22:12 UTC · 11 Sep · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its markdown label.
Clear Secure, Inc. holds its Markdown at $42.23. The statistical read favours the sellers, held for 22 days.
As held on the ledger · 2026-09-11
Phase
Markdown · caution
Quantitative state
The statistical read favours the sellers, held for 22 days
Price at the screen
$42.23
Valuation
28.53 trailing · 16.37 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.02
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
8.62%
Below 33%
Interest-bearing debt is just 8.6% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.21%
Below 33%
Cash held in interest-bearing accounts and securities is 0.2% of assets, under the one-third limit.
Pass
Receivables
6.73%
Below 49%
Money owed to the company is 6.7% of assets, under the 49% limit.
Pass
Revenue purity
2.71%
Below 5%
Only 2.7% 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 2026-09-11 screen. The gold marker is the market price at the same screen. A 52.2% margin of safety to the base estimate.
Third-party analyst targets: 6 covering, consensus None. The average target sits +46% 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 2026-09-11 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
Airport fast lanes still face scaling limits
Anyone who has sprinted through security at a major US hub knows the appeal of skipping the queue with a quick identity check. Clear Secure runs that service through its multi-layered platform and shows revenue growth of 20 percent alongside a 13 percent profit margin and 110 percent ROE. Yet the opportunity rating sits at none, so we pass despite the 21 percent margin of safety to fair value and a clean ethical screen.
The forward P/E of 21.6 times looks reasonable next to analyst targets clustered near 68, yet an unknown moat leaves the durability of those returns open to question. Growth has been solid in a concentrated US market, but the business still depends on airport partnerships that can shift with regulation or new entrants.
Risk therefore centres on whether high returns can be sustained once competition or policy changes erode the current edge. The numbers look attractive on paper, yet the absence of a clear protective advantage keeps us on the sidelines.
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
YOU trades on the NYSE. 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 framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 5.5% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 41% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 103%. Our forward projection puts the odds of a 10% gain over the next month near 42%. The street (7 analysts) rates it none, with a mean price target of $62.
2026-07-18Markup$50.25+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 excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 41% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 103%. Our forward projection puts the odds of a 10% gain over the next month near 42%. The street (7 analysts) rates it none, with a mean price target of $62.
2026-07-03Markup$50.25+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 excellent risk-adjusted returns.
2026-07-02Markup$50.25Entry 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 excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
