Framework Journal · one stock, one dated entry

Recorded 2026-08-12 · Permanent

Albany International Corp. logoAlbany International Corp. AIN

Clears both ethical standards

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 · Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses in the United States, Switzerland, France, Brazil, China, Mexico, Germany, and internationally.

The label
Distribution

read at $63.84

Albany International Corp. holds its Distribution at $63.84.

PHINPOOPSC
  • PHPhase · the trend structure carries the Distribution 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.

The investor read · the season, not the day

As held on the ledger · 2026-08-12
PhaseDistribution · caution
Quantitative stateThe statistical read favours the buyers, held for 2 days
Price$63.84
ValuationN/A trailing · 20.13 forward price to earnings
Values screenPASS · score 70.0
Beta1.20

The opportunity · what the numbers say it is worth

Read at
$63.84
N/A P/E · 20.13 fwd
Our fair value
$49.63
22% premium
Analyst target (avg)
$61.00
-4% to current
Target low $61.00Analyst target rangeTarget high $64.00
▲ current $63.84 · | average target

Price history & projections · where it has been, where the models see it going

$89.9$68.3$46.6TODAY5y agoPROJECTIONAnalyst high$64.00 -5%Analyst avg$61.00 -10%Conservative$49.63 -26%Our fair value$49.63 -26%

The valuation journey · where the price sits against fair value and the Street

Current
$63.84
you are here
Conservative
$49.63
-22%
Analyst avg
$61.00
-4%
Our fair value
$49.63
-22%
Analyst high
$64.00
+0%

Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.

Reading the gap · Both our model and the Street see limited upside at this price.

Revenue growth5.80%
Profit margin-4.18%
Debt to equity59.92
Analyst consensusHold · 3 covering

Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.

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

What these two standards are, and how they differ →

  • Business activity Its core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending. Pass
  • Debt load Interest-bearing debt is just 27.2% of its assets, well under the one-third ceiling — it does not run on borrowed money. Pass
  • Interest-bearing cash Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit. Pass
  • Receivables Money owed to the company is 19.4% of assets, under the 49% limit. Pass
  • Revenue purity Only 0.4% 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.

The business, in plain words · what the numbers mean

Machine clothing firm priced far above fair value

Picture the endless belts that turn raw pulp into paper or reinforce aircraft parts. Albany International makes those critical components, yet the numbers show a business still posting losses and negative returns on equity while revenue edges up just 8 percent.

We pass because the shares sit 45 percent above our fair value with a forward multiple of 24 times and no economic moat visible. Analyst targets cluster around 61 dollars and the consensus is merely hold, so the market already sees limited upside.

Cyclical exposure in textiles and composites adds the usual earnings swings, and any recovery could easily disappoint if volumes stall. Analysis, not advice.

The fundamentals · plain-English read
Forward P/E20.1x
expensive even after accounting for its growth
Revenue growth5.8%
slow but positive growth
Profit margin-4.2%
currently unprofitable
Return on equity-6.1%
not currently earning a positive return on equity
Debt to equity0.60
moderate, manageable leverage
Current ratio2.24
comfortably covers its short-term bills
Beta1.20
moves a little more than the market
Market cap$1.8B
Employees5,700

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in AIN's space worth a look

Screened names in the same industry · explore each on its own page.

Where & how to trade · wherever in the world you are

AIN 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.

The trader read · the latest dated commentary

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 5.1% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative 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 up 0%. Our forward projection puts the odds of a 10% gain over the next month near 19%. The street (3 analysts) rates it hold, with a mean price target of $57. Entered 2026-07-21 · Markup

The dated journal · newest first, never edited

2026-07-21 Markup $74.54 +5.1% Entry 5

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 5.1% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative 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 up 0%. Our forward projection puts the odds of a 10% gain over the next month near 19%. The street (3 analysts) rates it hold, with a mean price target of $57.

2026-07-18 Markup $70.95 +0.0% 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 down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative 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 up 0%. Our forward projection puts the odds of a 10% gain over the next month near 19%. The street (3 analysts) rates it hold, with a mean price target of $57.

2026-07-17 Markup $70.95 +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 (70). The risk-adjusted return profile shows negative 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 up 0%. Our forward projection puts the odds of a 10% gain over the next month near 19%. The street (3 analysts) rates it hold, with a mean price target of $57.

2026-07-03 Markup $70.95 +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 negative risk-adjusted returns.

2026-07-02 Markup $70.95 Entry 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 negative risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The political ledger · congressional disclosures

Disclosures naming AIN
DatePoliticianPartyTypeAmount
8 Jul2026 Dave McCormick Republican buy 250K–500K
7 May2024 Tommy Tuberville Republican sell 1K–15K
6 May2026 Ro Khanna Democrat sell 1K–15K
30 Mar2026 Alan Armstrong Republican buy 1K–15K
27 Mar2026 Alan Armstrong Republican buy 1K–15K

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $61.17 +10.2% $0.28 $1,107 +10.7%
2 months $56.97 +18.3% $0.28 $1,188 +18.8%
3 months $54.14 +24.5% $0.56 $1,255 +25.5%
6 months $52.29 +28.9% $0.84 $1,305 +30.5%
1 year $67.23 +0.3% $1.11 $1,019 +1.9%
2 years $80.87 -16.7% $2.18 $860 -14.0%
3 years $86.90 -22.4% $3.21 $813 -18.7%
5 years $83.18 -19.0% $5.00 $871 -12.9%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever AIN does next, these words stay.

Albany International Corp. · AIN · Distribution · $63.84
Recorded 2026-08-12 · before the outcome · scored mechanically

Get our weekly market brief free.