Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical does not pass the values gate
Price98.57 USD
Fair value101.28
Ethical score10.0/100
RatingAVOID
Our investment reviews on this name
2026-08-28Read Markdown107.34-8.2% to today ✓
2026-07-02Read Distribution110.74-11.0% 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.
Entergy holds its Markdown at $98.57. Consolidating, no directional conviction, held for 332 days.
As held on the ledger · 2026-09-25
Phase
Markdown · caution
Quantitative state
Consolidating, no directional conviction, held for 332 days
Price at the screen
$98.57
Valuation
25.21 trailing · 19.31 forward price to earnings
Values screen
FAIL· score 10.0
Beta
0.48
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
43.03%
Below 33%
Interest-bearing debt is 43.0% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
8.76%
Below 33%
Cash held in interest-bearing accounts and securities is 8.8% of assets, under the one-third limit.
Pass
Receivables
3.66%
Below 49%
Money owed to the company is 3.7% of assets, under the 49% limit.
Pass
Revenue purity
2.45%
Below 5%
Only 2.5% 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
Entergy's business is in a permissible area, but its interest-bearing debt is about 43% 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 3% discount to our $101.28 fair value, moderate competitive moat, 5.90% 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 2.8% margin of safety to the base estimate.
Third-party analyst targets: 20 covering, consensus Buy. The average target sits +28% from the screen price.
Reading the gap · Our more conservative model reads it as roughly fairly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
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
Power bills keep coming but debt does not
Every month households in Arkansas and Louisiana flick the switch and the power flows, yet Entergy carries a debt load that trips our ethical screen outright. At 22.3 times forward earnings the shares trade well above our fair value of 101 dollars while the current price sits at 113, leaving investors with negative margin of safety and no margin for error.
Revenue growth of 12 percent and a 13 percent profit margin look respectable on paper, and the moderate moat in regulated power delivery is real enough. Still, return on equity of just 11 percent does not justify the premium, and the debt ratio failure removes any case for ownership regardless of analyst targets sitting higher at 126.
Cyclical rate pressure and rising interest costs could squeeze those margins further, turning a seemingly defensive utility into a balance sheet headache. 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
ETR 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$98.57-8.2%Entry 6
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 8.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 14% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 38%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (21 analysts) rates it buy, with a mean price target of $123.
2026-08-28Markdown · changed$107.34-5.6%Entry 5
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 5.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 14% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 38%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (21 analysts) rates it buy, with a mean price target of $123.
2026-07-28Distribution$113.76+2.7%Entry 4
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. 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 excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 14% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 38%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (21 analysts) rates it buy, with a mean price target of $123.
2026-07-18Distribution$110.74+0.0%Entry 3
The framework 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: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 14% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 38%. Our forward projection puts the odds of a 10% gain over the next month near 27%. The street (21 analysts) rates it buy, with a mean price target of $123.
2026-07-03Distribution$110.74+0.0%Entry 2
The framework 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: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Distribution$110.74Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
