Positioning no disclosures inside 60 days, left as found
Options put/call open interest 12.59, read 2026-11-08
Ethical passes the values gate
Price77.36 USD
Fair value90.45
Ethical score70.0/100
Value readUndervaluedas of 6 Nov 2026
Our investment reviews on this name
2026-10-18Read Distribution85.36-9.4% to today ✓Markup gives way to Distribution after a 12% slide in 7 days
2026-10-11Read Markup97.49-20.6% to today Accumulation gives way to Markup first Markup read since August
2026-10-02Read Accumulation97.49-20.6% to today Markup gives way to Accumulation after a 10% slide in 13 weeks
2026-07-02Read Markup108.75-28.9% to today First review on file: Markup
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.
Diodes Incorporated holds its Distribution at $77.36. The statistical read favours the buyers, held for 23 days.
As held on the ledger · 2026-11-06
Phase
Distribution · caution
Quantitative state
The statistical read favours the buyers, held for 23 days
Price at the screen
$77.36
Valuation
42.49 trailing · 14.32 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.98
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
3.91%
Below 33%
Interest-bearing debt is just 3.9% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.40%
Below 33%
Cash held in interest-bearing accounts and securities is 0.4% of assets, under the one-third limit.
Pass
Receivables
27.54%
Below 49%
Money owed to the company is 27.5% of assets, under the 49% limit.
Pass
Revenue purity
1.91%
Below 5%
Only 1.9% 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 Clears, in Plain English
Diodes clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 4%, inside the ~33% line, and interest is about 2% of its income, under the ~5% line, so it passes.
Read as at 2026-11-07. It updates when the underlying figures move, and past reads are kept below.
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Today DIOD passes the screen. If new figures move it to a fail, 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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What the Numbers Say It Is Worth
The Fair Value Range
Our analysis reads Undervalued vs our fair value, as of 6 Nov 2026: it trades at roughly a 14% discount to our $90.45 fair value, 21.70% revenue growth.
Fair value range in USD, drawn from the 2026-11-06 screen. The gold marker is the market price at the same screen. A 14.5% discount to the base estimate.
Where our models see it going: fair-value estimate $90.45, with a range of $90.45 to $104.02, dated to the 2026-11-06 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
Chipmaker numbers mask the cycle trap
Every time a phone or car rolls off the line the silicon inside has to handle power and data across wildly different voltages. Diodes sits in that middle layer yet the business shows only a 5% profit margin and 5% return on equity despite 22% revenue growth. At 17.4 times forward earnings the valuation looks ordinary rather than cheap, and our fair value sits just below the current price, so the margin of safety is negative.
The semiconductor industry moves in sharp cycles and low multiples often mark the point where peak earnings start to roll over rather than a bargain entry. Two analysts see a higher target but offer no consensus rating, and an unknown moat leaves little protection when volumes turn. Currency moves and customer concentration add further swings that the headline growth rate does not capture.
The ethical screen clears, yet the combination of thin returns and cyclical exposure leaves no compelling case at present prices. Analysis, not advice.
Another profit measure, before interest, tax and non-cash costs: EBITDA.
The risks · The things to watch: it already moves more than the market on an average day; 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
DIOD trades on Nasdaq. 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
2026-11-05Distribution$79.46-5.7%Entry 17
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 5.7% 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 C, carrying a low risk profile. Technically it is holding around 7% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 94%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (2 analysts) rates it none, with a mean price target of $130. It reported earnings in this window, a natural checkpoint for the thesis.
2026-11-04Distribution$84.24+5.7%Entry 16
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 5.7% 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 C, carrying a low risk profile. Technically it is holding around 7% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 94%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (2 analysts) rates it none, with a mean price target of $130. It reported earnings in this window, a natural checkpoint for the thesis.
2026-11-03Distribution$79.72-0.5%Entry 15
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.5% 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 C, carrying a low risk profile. Technically it is holding around 7% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 94%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (2 analysts) rates it none, with a mean price target of $130. It reported earnings in this window, a natural checkpoint for the thesis.
2026-11-02Distribution$80.13+0.0%Entry 14
The 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. 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 holding around 7% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 94%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (2 analysts) rates it none, with a mean price target of $130. It reported earnings in this window, a natural checkpoint for the thesis.
2026-11-01Distribution$80.13+0.0%Entry 13
The 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. 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 holding around 7% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 94%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (2 analysts) rates it none, with a mean price target of $130. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-31Distribution$80.13-8.8%Entry 12
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 8.8% 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 C, carrying a low risk profile. Technically it is holding around 7% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 94%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (2 analysts) rates it none, with a mean price target of $130. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-30Distribution$87.82-1.7%Entry 11
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 1.7% 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 C, carrying a low risk profile. Technically it is holding around 7% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 94%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (2 analysts) rates it none, with a mean price target of $130. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-29Distribution$89.30+4.6%Entry 10
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 4.6% 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 C, carrying a low risk profile. Technically it is holding around 7% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 94%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (2 analysts) rates it none, with a mean price target of $130. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-25Distribution$85.39+0.0%Entry 9
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 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 C, carrying a low risk profile. Technically it is holding around 4% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 94%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (2 analysts) rates it none, with a mean price target of $130. Since the last review it its composite score eased.
The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 12.4% 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 C, carrying a low risk profile. Technically it is holding around 71% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 94%. Our forward projection puts the odds of a 10% gain over the next month near 31%. The street (2 analysts) rates it none, with a mean price target of $130.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
