Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical does not pass the values gate
Price60.68 USD
Fair value63.61
Ethical score10.0/100
RatingAVOID
Our investment reviews on this name
2026-08-26Read Markdown67.47-10.1% to today ✓
2026-07-02Read Markup66.90-9.3% to today
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.
Dominion Energy holds its Markdown at $60.68. Consolidating, no directional conviction, held for 52 days.
As held on the ledger · 2026-09-25
Phase
Markdown · caution
Quantitative state
Consolidating, no directional conviction, held for 52 days
Price at the screen
$60.68
Valuation
21.00 trailing · 15.91 forward price to earnings
Values screen
FAIL· score 10.0
Beta
0.62
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
42.24%
Below 33%
Interest-bearing debt is 42.2% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
8.35%
Below 33%
Cash held in interest-bearing accounts and securities is 8.4% of assets, under the one-third limit.
Pass
Receivables
2.40%
Below 49%
Money owed to the company is 2.4% 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.
The Ethical Read
Why It Falls Short, in Plain English
Dominion Energy's business is in a permissible area, but its interest-bearing debt is about 42% of the company, well over the ~33% line, so it does not pass on the financial screens.
Read as at 2026-10-04. It updates when the underlying figures move, and past reads are kept below.
What the Numbers Say It Is Worth
The Fair Value Range
Our framework reads AVOID: it trades at roughly a 5% discount to our $63.61 fair value, narrow competitive moat, 17.60% revenue growth.
Fair value range in USD, drawn from the 2026-09-25 screen. The gold marker is the market price at the same screen. A 4.8% margin of safety to the base estimate.
Third-party analyst targets: 11 covering, consensus Hold. The average target sits +15% 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 2026-09-25 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
Utility shares priced beyond their steady worth
Paying a power bill feels routine and reliable, yet Dominion Energy trades at a clear premium to what the numbers support. The shares sit 11 percent above our fair value with an 18.6 times forward multiple, while a narrow moat and modest 10 percent return on equity do not justify the stretch.
We pass for straightforward reasons. Revenue growth looks solid at 23 percent but the valuation leaves little margin, the consensus target sits below the current price, and the stock fails our ethical screen on its debt ratio. Regulated utilities can offer stability, yet none of that offsets the gap here.
High leverage adds real exposure if rates stay elevated or if allowed returns come under pressure from regulators. The narrow moat offers little protection against those shifts. 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
D trades on a US exchange. 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
2026-10-02Markdown$60.68-10.1%Entry 6
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 10.1% 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 B, carrying a low risk profile. Technically it is holding around 11% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 25%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (12 analysts) rates it hold, with a mean price target of $68.
2026-08-26Markdown · changed$67.47-5.0%Entry 5
The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 5.0% 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 B, carrying a low risk profile. Technically it is holding around 11% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 25%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (12 analysts) rates it hold, with a mean price target of $68.
2026-07-26Markup$71.04+6.2%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 6.2% 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 B, carrying a low risk profile. Technically it is holding around 11% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 25%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (12 analysts) rates it hold, with a mean price target of $68.
2026-07-18Markup$66.90+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: 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 B, carrying a low risk profile. Technically it is holding around 11% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 25%. Our forward projection puts the odds of a 10% gain over the next month near 16%. The street (12 analysts) rates it hold, with a mean price target of $68.
2026-07-03Markup$66.90+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: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Markup$66.90Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: FAIL. This security does not pass our values-based screening criteria. 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.