Positioning no disclosures inside 60 days, left as found
Options put/call open interest 0.49, read 2026-11-02
Ethical does not pass the values gate
Price117.02 USD
Fair value103.81
Ethical score10.0/100
Value readOvervaluedas of 4 Nov 2026
Our investment reviews on this name
2026-10-26Read Markup101.04+15.8% to today ✓Accumulation gives way to Markup after a 5% rise in 2 weeks
2026-10-11Read Accumulation96.20+21.6% to today ✓Markdown gives way to Accumulation
2026-10-02Read Markdown96.20+21.6% to today Distribution gives way to Markdown with volume flow in agreement
2026-09-16Read Distribution94.72+23.5% to today Markup gives way to Distribution first Distribution read since July
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.
Veralto holds its Markup at $117.02. The statistical read favours the buyers, held for 14 days.
As held on the ledger · 2026-11-04
Phase
Markup
Quantitative state
The statistical read favours the buyers, held for 14 days
Price at the screen
$117.02
Valuation
27.98 trailing · 23.24 forward price to earnings
Values screen
FAIL· score 10.0
Beta
0.78
The Workings
Five Screens, Shown in Full
Does not pass. Debt ratio
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
37.42%
Below 33%
Interest-bearing debt is 37.4% of its assets, above the one-third ceiling the screen allows.
Fail
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
38.06%
Below 49%
Money owed to the company is 38.1% of assets, under the 49% limit.
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 Falls Short, in Plain English
Veralto's business is in a permissible area, but its interest-bearing debt is about 37% of the company, just over the ~33% line, so it does not pass on the financial screens.
Read as at 2026-11-05. It updates when the underlying figures move, and past reads are kept below.
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What the Numbers Say It Is Worth
The Fair Value Range
Our analysis reads Overvalued vs our fair value, as of 4 Nov 2026: it trades above our $103.81 fair value estimate, moderate competitive moat, 7.50% revenue growth.
Fair value range in USD, drawn from the 2026-11-04 screen. The gold marker is the market price at the same screen. The price runs 12.7% above the base estimate.
Where our models see it going: fair-value estimate $103.81, with a range of $90.00 to $119.54, dated to the 2026-11-04 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
Clean water firm fails ethical screen
Veralto helps factories and cities test and treat water while marking products on packaging lines. It looks like reliable industrial work with solid returns on paper.
Yet we pass. Forward earnings sit at 20 times for just 7 percent revenue growth. Margins reach 17 percent and return on equity hits 36 percent, but the modest 8 percent gap to our fair value and moderate moat do not justify stepping in.
The ethical screen flags the debt ratio as too high. That alone rules the name out, regardless of analyst targets near 109 dollars. Analysis, not advice.
Another profit measure, before interest, tax and non-cash costs: EBITDA.
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
VLTO trades on a US exchange. 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
2026-11-05Markup$117.02+12.2%Entry 17
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 12.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 7%. The street (17 analysts) rates it buy, with a mean price target of $109.
2026-10-29Markup$104.33+3.3%Entry 16
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 3.3% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 7%. The street (17 analysts) rates it buy, with a mean price target of $109. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-28Markup$101.04+0.0%Entry 15
The analysis 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: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 7%. The street (17 analysts) rates it buy, with a mean price target of $109. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-27Markup$101.04+0.0%Entry 14
The analysis 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: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 7%. The street (17 analysts) rates it buy, with a mean price target of $109. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-26Markup · changed$101.04+0.0%Entry 13
The framework has shifted from accumulation to markup since the last review. 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: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading overbought. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 7%. The street (17 analysts) rates it buy, with a mean price target of $109. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-25Accumulation$101.04+0.0%Entry 12
The analysis 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: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading bullish. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 7%. The street (17 analysts) rates it buy, with a mean price target of $109. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-24Accumulation$101.04+0.0%Entry 11
The analysis 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: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading bullish. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 7%. The street (17 analysts) rates it buy, with a mean price target of $109. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-23Accumulation$101.04+0.0%Entry 10
The analysis 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: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading bullish. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 7%. The street (17 analysts) rates it buy, with a mean price target of $109. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-22Accumulation$101.04+0.0%Entry 9
The analysis 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: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is momentum reading bullish. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 7%. The street (17 analysts) rates it buy, with a mean price target of $109. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-18Accumulation$101.04+5.0%Entry 8
The analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 5.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. 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 sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 17%. Our forward projection puts the odds of a 10% gain over the next month near 7%. The street (17 analysts) rates it buy, with a mean price target of $109.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.