NAS10029,644+0.67%S&P7,651+0.17%GOLD$4,416+0.37%BTC$81,118+6.17%VIX14.81−4.08%live tape · as of 23:00 UTC · 19 Sep
The Screen · Industrials · Farm & Heavy Construction Machinery
CNH Industrial NV
CNH · the NYSE · USD · Market cap $21.8B · 34,197 employees
CNH Industrial N.V., an equipment company, engages in the develops, manufacture, and sale agricultural and construction equipment in North America, Europe, the Middle East, Africa, South America, and the Asia Pacific.
FAIL · Does not pass the screen
13.55 USD
At the last full screen 2026-09-17
Screened 2026-09-17 · the tape above runs as of 23:00 UTC · 19 Sep · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its markup label.
CNH Industrial NV holds its Markup at $13.55. Consolidating, no directional conviction, held for 16 days.
As held on the ledger · 2026-09-17
Phase
Markup
Quantitative state
Consolidating, no directional conviction, held for 16 days
Price at the screen
$13.55
Valuation
54.20 trailing · 19.78 forward price to earnings
Values screen
FAIL· score 70.0
Beta
1.24
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
63.24%
Below 33%
Interest-bearing debt is 63.2% 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
60.61%
Below 49%
Money owed to the company is 60.6% of assets, above the 49% limit.
Fail
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 2026-09-17 screen. The gold marker is the market price at the same screen. A 2.2% margin of safety to the base estimate.
Third-party analyst targets: 19 covering, consensus Buy. The average target sits +3% from the screen price.
Reading the gap · Our model and the Street both land near today's price: fairly valued, with no strong edge either way.
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 2026-09-17 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
Farm kit maker stuck in neutral
When crops fail or building sites go quiet, demand for tractors and diggers drops fast. CNH sits in that cycle with revenue flat, a two per cent profit margin and just five per cent return on equity. A narrow moat and no growth leave the business treading water even at fourteen and a half times forward earnings.
We pass. The ethical screen clears the name yet the numbers do not show a business worth stretching for. Analyst targets cluster around twelve dollars while our own fair value sits higher, but opportunity rating remains none.
Heavy exposure to commodity prices and construction spending makes this a classic cyclical value trap where a modest multiple can mask peak earnings. Currency swings across its global markets add another layer of volatility. Analysis, not advice.
The risks · The things to watch: its business and earnings are exposed to United Kingdom and to currency swings; 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
CNH trades on the NYSE (the company is based in United Kingdom). 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
2026-08-25Markup$10.39-2.3%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 down 2.3% 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 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 19%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (19 analysts) rates it buy, with a mean price target of $13.
2026-07-25Markup$10.64+0.4%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 up 0.4% 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 B, 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 19%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (19 analysts) rates it buy, with a mean price target of $13.
2026-07-18Markup$10.60+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. 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 sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 19%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (19 analysts) rates it buy, with a mean price target of $13.
2026-07-03Markup$10.60+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 modest positive risk-adjusted returns.
2026-07-02Markup$10.60Entry 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 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.
