Positioning no disclosures inside 60 days, left as found
Options put/call open interest 0.08, read 2026-10-24
Ethical does not pass the values gate
Price45.00 USD
Fair value67.55
Ethical score70.0/100
Our investment reviews on this name
2026-10-27Read Accumulation44.75+0.6% to today ✓Markdown gives way to Accumulation
2026-09-24Read Markdown44.59+0.9% to today Distribution gives way to Markdown after a 10% slide in 12 weeks
2026-07-02Read Distribution49.80-9.6% to today ✓First review on file: Distribution
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.
Atmus Filtration Technologies Inc. holds its Accumulation at $45.00. Consolidating, no directional conviction, held for 6 days.
As held on the ledger · 2026-10-27
Phase
Accumulation
Quantitative state
Consolidating, no directional conviction, held for 6 days
Price at the screen
$45.00
Valuation
17.08 trailing · 13.66 forward price to earnings
Values screen
FAIL· score 70.0
Beta
1.20
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
45.30%
Below 33%
Interest-bearing debt is 45.3% 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
41.20%
Below 49%
Money owed to the company is 41.2% 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
Atmus Filtration Technologies's business is in a permissible area, but its interest-bearing debt is about 45% of the company, well over the ~33% line, so it does not pass on the financial screens.
Read as at 2026-10-28. It updates when the underlying figures move, and past reads are kept below.
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Today ATMU does not pass the screen. If new figures move it to a pass, we send you one short email with the before and after. Verdicts change rarely, so you may not hear from us for a long time.
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Fair value range in USD, drawn from the 2026-10-27 screen. The gold marker is the market price at the same screen. A 50.1% margin of safety to the base estimate.
Third-party analyst targets: 5 covering, consensus Buy. The average target sits +40% 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 2026-10-27 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
Engine filters run into the same cycle trap
Every lorry or tractor that keeps goods moving relies on fresh fuel and air filters to stay on the road. Atmus supplies those parts under the Fleetguard name and shows solid numbers, with revenue up 15 percent, a 12 percent profit margin and a striking 63 percent return on equity. Yet the shares trade at 15.9 times forward earnings against a cyclical auto-parts backdrop, and that combination rarely signals lasting value.
We pass because the business sits squarely inside consumer cyclical auto parts. A low multiple on peak earnings often masks the next downturn rather than offering a bargain, and the unknown moat leaves little protection when volumes fall. Analyst targets sit near 67 dollars while our own fair value implies more room, but the sector rhythm overrides the arithmetic.
Currency swings, raw-material costs and sudden drops in truck or equipment production remain the real threats. The ethical screen clears, yet the opportunity rating stays at none for these structural reasons. Analysis, not advice.
The risks · The things to watch: it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
ATMU 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 markdown to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 1.8% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are up 31%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (5 analysts) rates it none, with a mean price target of $66.
2026-10-20Markdown$43.98+2.7%Entry 9
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved up 2.7% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are up 31%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (5 analysts) rates it none, with a mean price target of $66.
2026-10-13Markdown$42.81-4.0%Entry 8
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 4.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 9% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 31%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (5 analysts) rates it none, with a mean price target of $66.
2026-10-02Markdown$44.59+0.0%Entry 7
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. 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 good risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 9% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 31%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (5 analysts) rates it none, with a mean price target of $66.
2026-09-24Markdown · changed$44.59-10.5%Entry 6
The framework has shifted from distribution to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 10.5% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 9% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 31%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (5 analysts) rates it none, with a mean price target of $66.
2026-08-22Distribution$49.80-3.0%Entry 5
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 3.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 9% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 31%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (5 analysts) rates it none, with a mean price target of $66.
2026-07-22Distribution$51.36+3.1%Entry 4
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 3.1% 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 D, carrying a low risk profile. Technically it is holding around 9% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 31%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (5 analysts) rates it none, with a mean price target of $66.
2026-07-18Distribution$49.80+0.0%Entry 3
Our analysis 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 D, carrying a low risk profile. Technically it is holding around 9% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 31%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (5 analysts) rates it none, with a mean price target of $66.
2026-07-03Distribution$49.80+0.0%Entry 2
Our analysis 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$49.80Entry 1
Our analysis 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.
