Innovative Aerosystems, Inc., engages in the engineering, manufacturing, and supply of advanced avionic solutions.
FAIL · Does not pass the screen
17.30 USD
At the last full screen 2026-05-15
Screened 2026-05-15 · the tape above runs as of 22:12 UTC · 11 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.
Innovative Aerosystems, Inc. holds its Markup at $17.30. Consolidating, no directional conviction, held for 108 days.
As held on the ledger · 2026-05-15
Phase
Markup
Quantitative state
Consolidating, no directional conviction, held for 108 days
Price at the screen
$17.30
Valuation
16.42 trailing · 19.13 forward price to earnings
Values screen
FAIL· score 10.0
Beta
0.71
The Workings
Five Screens, Shown in Full
Does not pass. Business activity
Test
Figure
Limit
What it means
Status
Business activity
Excluded
Core business clean
Prohibited sector: defense
Fail
Debt load
0.00%
Below 33%
Interest-bearing debt is just 0.0% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
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
0.00%
Below 49%
Money owed to the company is 0.0% 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.
What the Numbers Say It Is Worth
The Fair Value Range
Our framework reads AVOID: it trades at roughly a 33% discount to our $22.98 fair value, strong competitive moat, 36.60% revenue growth.
Fair value range in USD, drawn from the 2026-05-15 screen. The gold marker is the market price at the same screen. A 32.8% margin of safety to the base estimate.
Third-party analyst targets: 4 covering, consensus Strong Buy. The average target sits +60% 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 2026-05-15 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
Why it gives us pause
At 19.1x forward earnings, the price already runs ahead of the business. Our fair value sits at $22.98, below where it trades today. The strong moat is real, but quality alone does not make an expensive price cheap.
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
ISSC 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
2026-09-02Markup · changed$17.30+0.0%Entry 5
The framework has shifted from distribution to markup since the last review. 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 excellent risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 2% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 46%. Our forward projection puts the odds of a 10% gain over the next month near 39%. The street (4 analysts) rates it strong buy, with a mean price target of $32.
2026-08-02Distribution$17.30+0.0%Entry 4
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. Technically it is holding around 2% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 46%. Our forward projection puts the odds of a 10% gain over the next month near 39%. The street (4 analysts) rates it strong buy, with a mean price target of $28.
2026-07-18Distribution$17.30+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. Technically it is holding around 2% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 46%. Our forward projection puts the odds of a 10% gain over the next month near 39%. The street (4 analysts) rates it strong buy, with a mean price target of $28.
2026-07-03Distribution$17.30+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$17.30Entry 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.
The Insider Ledger · Form 4 Filings, As Filed
Most recent filings · ISSC
Date
Insider
Title
Type
Shares
Value
2026-05-20
BRESSNER GLEN R
Director
6,300
$100,381
2026-04-16
CAROLIN ROGER ANTHONY
Director
5,618
·
2026-04-16
BELLAND STEPHEN L.
Director
5,618
·
2025-11-20
ASKARPOUR SHAHRAM
Chief Executive Officer
201,000
·
2025-06-30
HARBORNE CHRISTOPHER
Beneficial Owner of more than 10% of a Class of Security
217,508
$2,976,518
2025-06-26
HARBORNE CHRISTOPHER
Beneficial Owner of more than 10% of a Class of Security
59,667
$788,213
2025-06-25
HARBORNE CHRISTOPHER
Beneficial Owner of more than 10% of a Class of Security
90,655
$1,171,417
2025-06-23
HARBORNE CHRISTOPHER
Beneficial Owner of more than 10% of a Class of Security
89,414
$1,117,246
2025-06-20
HARBORNE CHRISTOPHER
Beneficial Owner of more than 10% of a Class of Security
31,953
$391,424
2025-06-18
HARBORNE CHRISTOPHER
Beneficial Owner of more than 10% of a Class of Security