Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical passes the values gate
Price52.19 USD
Fair value48.61
Ethical score70.0/100
Our investment reviews on this name
2026-10-02Read Accumulation52.19+0.0% to today ✓
2026-07-02Read Distribution82.78-37.0% to today ✓
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
AMKOR Technology Inc holds its Markup at $52.19. The statistical read favours the buyers, held for 47 days.
As held on the ledger · 2026-09-21
Phase
Markup
Quantitative state
The statistical read favours the buyers, held for 47 days
Price at the screen
$52.19
Valuation
23.40 trailing · 18.60 forward price to earnings
Values screen
PASS· score 70.0
Beta
2.23
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
19.19%
Below 33%
Interest-bearing debt is just 19.2% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
7.53%
Below 33%
Cash held in interest-bearing accounts and securities is 7.5% of assets, under the one-third limit.
Pass
Receivables
33.59%
Below 49%
Money owed to the company is 33.6% of assets, under the 49% limit.
Pass
Revenue purity
0.93%
Below 5%
Only 0.9% 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.
The Ethical Read
Why It Clears, in Plain English
AMKOR Technology clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 19%, inside the ~33% line, and almost none of its income is interest, so it passes.
Read as at 2026-10-04. It updates when the underlying figures move, and past reads are kept below.
Fair value range in USD, drawn from the 2026-09-21 screen. The gold marker is the market price at the same screen. The price runs 6.9% above the base estimate.
Third-party analyst targets: 10 covering, consensus None. The average target sits +41% from the screen price.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
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 2026-09-21 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
Packaging chips in a boom and bust cycle
Every new phone or electric car still needs its silicon chips wrapped and tested before they reach the factory line. Amkor sits in that middle step, yet the shares trade at a 22 percent premium to our fair value with a forward multiple of 25.7 times. Revenue is rising 28 percent, yet margins sit at just 6 percent and return on equity at 10 percent, leaving little room for error once the cycle turns.
We pass because the numbers already price in strong growth while the business remains narrow-moat and fully exposed to semiconductor spending swings. A low multiple would normally tempt, yet here the multiple is not low and peak earnings could easily compress once demand normalises.
Currency moves, customer concentration and sudden order cuts are real risks that could widen the gap between price and value further. Analysis, not advice.
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
AMKR 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 framework has shifted from distribution to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 8.8% 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 A. Technically it is holding around 44% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 245%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (8 analysts) rates it none, with a mean price target of $76.
2026-09-21Distribution$47.95-17.0%Entry 7
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 17.0% 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. Technically it is holding around 44% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 245%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (8 analysts) rates it none, with a mean price target of $76. Since the last review it dropped out of the Tech 100.
2026-08-21Distribution$57.75-8.2%Entry 6
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 8.2% 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. Technically it is holding around 44% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 245%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (8 analysts) rates it none, with a mean price target of $76.
2026-07-21Distribution$62.94-24.0%Entry 5
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 24.0% 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. Technically it is holding around 44% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 245%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (8 analysts) rates it none, with a mean price target of $76.
2026-07-18Distribution$82.78+0.0%Entry 4
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. 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. Technically it is holding around 44% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 245%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (8 analysts) rates it none, with a mean price target of $76.
2026-07-17Distribution$82.78+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. 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. Our composite framework grades it C. Technically it is holding around 44% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 245%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (8 analysts) rates it none, with a mean price target of $76.
2026-07-03Distribution$82.78+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. 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.
2026-07-02Distribution$82.78Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. 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.
