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 · Cirrus Logic, Inc., a fabless semiconductor company, develops mixed-signal processing solutions and audio products in China, the United States, and internationally.
VERDICT
The label
Markdown
read at $123.51
Cirrus Logic, Inc. holds its Markdown at $123.51.
PHPhase · the trend structure carries the Markdown 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.
INVESTOR
The investor read · the season, not the day
As held on the ledger · 2026-08-06
Phase
Markdown · caution
Quantitative state
The statistical read favours the buyers, held for 16 days
Price
$123.51
Valuation
15.71 trailing · 13.88 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.18
OPPORTUNITY
The opportunity · what the numbers say it is worth
Read at
$123.51
15.71 P/E · 13.88 fwd
Our fair value
$134.35
9% discount
Analyst target (avg)
$193.50
+57% to current
Target low $140.00Analyst target rangeTarget high $200.00
▲ current $123.51 · | average target
Price history & projections · where it has been, where the models see it going
The valuation journey · where the price sits against fair value and the Street
Current
$123.51
you are here
Conservative
$126.00
+2%
Analyst avg
$193.50
+57%
Our fair value
$134.35
+9%
Analyst high
$200.00
+62%
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 analysts see meaningful upside from here.
Revenue growth
5.70%
Profit margin
20.75%
Debt to equity
6.30
Analyst consensus
None · 4 covering
Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.
SCREEN
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
Business activityIts core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending.Pass
Debt loadInterest-bearing debt is just 5.4% of its assets, well under the one-third ceiling — it does not run on borrowed money.Pass
Interest-bearing cashCash held in interest-bearing accounts and securities is 10.7% of assets, under the one-third limit.Pass
ReceivablesMoney owed to the company is 41.0% of assets, under the 49% limit.Pass
Revenue purityOnly 1.9% 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.
PLAIN
The business, in plain words · what the numbers mean
Audio chip supplier sits at a cycle peak
Every phone or laptop that plays clear sound relies on mixed-signal chips that ride the same boom-and-bust waves as consumer electronics. Cirrus Logic supplies those components yet trades right at our fair value with a negative margin of safety, so the numbers give no reason to step in.
The business posts a forward multiple of 14.6 times, 21 percent margins and 20 percent return on equity while revenue edges up just 6 percent. Those figures look tidy until you remember this is a cyclical industry where peak earnings often coincide with the lowest multiples. Analysts may cluster around a higher target, but the thin growth and unknown moat leave little room for error.
The real risk is the classic value trap: earnings could roll over fast when handset cycles turn, taking the multiple with them even if the ethical screen is cleared. No durable edge shows up to protect against that swing. Analysis, not advice.
Screened names in the same industry · explore each on its own page.
TRADE
Where & how to trade · wherever in the world you are
CRUS trades on Nasdaq. 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.
TRADER
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 down 15.9% 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 B, carrying a low risk profile. Technically it is holding around 30% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 50%. 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 $181. Entered 2026-07-25 · Markup
JOURNAL
The dated journal · newest first, never edited
2026-07-25Markup$137.98-15.9%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 15.9% 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 B, carrying a low risk profile. Technically it is holding around 30% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 50%. 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 $181.
2026-07-18Markup$164.09+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 good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 30% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 50%. 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 $181.
2026-07-03Markup$164.09+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 good risk-adjusted returns.
2026-07-02Markup$164.09Entry 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 good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
RETURNS
What holding actually paid · price plus dividends
If $1,000 had been placed · historical, not a promise
Period
Price then
Price return
Divs per share
$1,000 became
Total return
1 month
$174.23
-9.6%
·
$904
-9.6%
2 months
$160.00
-1.6%
·
$984
-1.6%
3 months
$132.59
+18.8%
·
$1,188
+18.8%
6 months
$126.02
+24.9%
·
$1,249
+24.9%
1 year
$105.25
+49.6%
·
$1,496
+49.6%
2 years
$119.52
+31.7%
·
$1,317
+31.7%
3 years
$76.83
+104.9%
·
$2,049
+104.9%
5 years
$79.51
+98.0%
·
$1,980
+98.0%
Historical returns from market close data. Past performance does not guarantee future results.
SEALED
This entry now belongs to the ledger. Whatever CRUS does next, these words stay.
Cirrus Logic, Inc. · CRUS · Markdown · $123.51
Recorded 2026-08-06 · before the outcome · scored mechanically