NAS10028,938−0.65%S&P7,586−0.45%GOLD$4,364+0.72%BTC$75,819VIX17.20+0.58%live tape · as of 11:00 UTC
The Screen · Basic Materials · Building Materials
Amrize Ltd
AMRZ · the NYSE · USD · Market cap $23.4B · 19,000 employees
Amrize AG engages in the provision of various building solutions for infrastructure, commercial, and residential construction markets in North America.
Screened 2026-09-01 · the tape above runs as of 11:00 UTC · 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.
Amrize Ltd holds its Markdown at $42.81. Consolidating, no directional conviction, held for 24 days.
As held on the ledger · 2026-09-01
Phase
Markdown · caution
Quantitative state
Consolidating, no directional conviction, held for 24 days
Price at the screen
$42.81
Valuation
19.20 trailing · 14.22 forward price to earnings
Values screen
PASS· score 70.0
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
26.16%
Below 33%
Interest-bearing debt is just 26.2% 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
12.36%
Below 49%
Money owed to the company is 12.4% 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 2026-09-01 screen. The gold marker is the market price at the same screen. The price runs 3.7% above the base estimate.
Third-party analyst targets: 19 covering, consensus Buy. The average target sits +33% 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 2026-09-01 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
Cement pours tied to the construction cycle
When a highway extension gets poured outside Dallas or a warehouse rises near Chicago, Amrize supplies the cement and aggregates that hold the project together. The business sits inside a sector that expands and contracts with interest rates, public spending and housing starts.
We pass. Shares trade 10% above our fair value, revenue growth sits at just 5% and the narrow moat plus 10% ROE give little margin when volumes turn down. A forward multiple of 15.6 times looks ordinary rather than cheap once the cycle is considered.
The classic trap in this industry is that earnings often peak while multiples still appear reasonable. Here the modest growth, single-country exposure and construction sensitivity add real downside if spending slows. Analysis, not advice.
The risks · The things to watch: its business and earnings are exposed to Switzerland and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
AMRZ trades on the NYSE (the company is based in Switzerland). 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
2026-08-21Distribution$46.75-6.0%Entry 6
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 6.0% 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 holding around 0% above its long-term trend line with momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 21%. The street (21 analysts) rates it buy, with a mean price target of $65.
2026-07-21Distribution$49.74-6.5%Entry 5
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 6.5% 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 D, carrying a low risk profile. Technically it is holding around 0% above its long-term trend line with momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 21%. The street (21 analysts) rates it buy, with a mean price target of $65.
2026-07-18Distribution$53.17+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 modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 0% above its long-term trend line with momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 21%. The street (21 analysts) rates it buy, with a mean price target of $65.
2026-07-17Distribution$53.17+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 modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 0% above its long-term trend line with momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 21%. The street (21 analysts) rates it buy, with a mean price target of $65.
2026-07-03Distribution$53.17+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 modest positive risk-adjusted returns.
2026-07-02Distribution$53.17Entry 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 modest positive risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.