NAS100 28,128 −1.15% S&P 7,412 +0.05% GOLD $4,056 +0.22% BTC $64,091 −1.47% VIX 18.58 −0.64% live tape · as of 22:40 UTC · 24 Jul
Vol. II · No. 207Sunday, 26 July 2026
TTitan Protect
The Screen · Industrials · Electrical Equipment & Parts

Legrand SA

LR.PA · EURONEXT PARIS · EUR · Market cap $34.9B · 34,852 employees

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally.

FAIL · Does not pass the screen
133.55 EUR

At the last full screen
2026-06-14

Screened 2026-06-14 · the tape above runs as of 22:40 UTC · 24 Jul · two dates, stated on purpose · verdict and workings shown in full · never trimmed

The Label · The Season, Not the Day

This name holds its distribution label.

Legrand SA holds its Distribution at $133.55. The statistical read favours the buyers, held for 33 days.

As held on the ledger · 2026-06-14
PhaseDistribution · caution
Quantitative stateThe statistical read favours the buyers, held for 33 days
Price at the screen$133.55
Valuation27.48 trailing · 20.78 forward price to earnings
Values screenFAIL · score 70.0
Beta1.00
The Workings

Five Screens, Shown in Full

Does not pass. Debt ratio 37.5%

TestFigureLimitWhat it meansStatus
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 37.54% Below 33% Interest-bearing debt is 37.5% of its assets, above the one-third ceiling the screen allows. Fail
Interest-bearing cash 13.49% Below 33% Cash held in interest-bearing accounts and securities is 13.5% of assets, under the one-third limit. Pass
Receivables 6.97% Below 49% Money owed to the company is 7.0% of assets, under the 49% limit. Pass
Revenue purity 0.97% Below 5% Only 1.0% 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 8% discount to our $144.26 fair value, 11.40% revenue growth.

102.60Conservative144.26Base case165.90Growth case 133.55Price

Fair value range in EUR, drawn from the 2026-06-14 screen. The gold marker is the market price at the same screen. A 8.0% margin of safety to the base estimate.

The Street's Range
114.00Street low 160.00Street average 180.00Street high 133.55Price

Third-party analyst targets: 19 covering, consensus Hold. The average target sits +20% from the screen price.

Reading the gap · Both our model and the analysts see meaningful upside from here.

Price History & Projections
$188$130$72TODAY5y agoPROJECTIONStreet high$180.00 +32%Street avg$160.00 +17%Our fair value$144.26 +6%Conservative$102.60 -25%

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 2026-06-14 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 20.8x forward earnings, the price already runs ahead of the business. Our fair value sits at $144.26, below where it trades today.

The fundamentals · plain-English read
Forward P/E20.8xpriced for continued growth
Trailing P/E27.5xa premium valuation
EPS, trailing4.86
EPS, forward6.43
Revenue growth+11.4%steady growth
Profit margin13.2%thin but positive margins
Return on equity16.9%a solid return on shareholder capital
FCF yield2.78%
Dividend yield178.00%
Debt to equity0.85moderate, manageable leverage
Beta1.00steadier than the market
52-week range106.90 - 166.95
Market cap$34.9B
Employees34,852

The risks · The things to watch: its business and earnings are exposed to France and to currency swings.

Plain-English interpretation of our own screen data. Analysis, not advice.

Where & How to Trade

LR.PA trades on EURONEXT PARIS (the company is based in France). 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

2026-07-18 Markup $133.55 +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 neutral. Over the past year the shares are up 26%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (19 analysts) rates it buy, with a mean price target of $160.

2026-07-03 Markup $133.55 +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.

2026-07-02 Markup $133.55 Entry 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.

What Holding Actually Paid · Price Plus Dividends
If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $153.55 -11.2% $2.38 $904 -9.6%
2 months $146.47 -6.9% $2.38 $947 -5.3%
3 months $136.38 +0.0% $2.38 $1,018 +1.8%
6 months $123.64 +10.3% $2.38 $1,122 +12.2%
1 year $107.95 +26.4% $2.38 $1,286 +28.6%
2 years $94.26 +44.7% $4.58 $1,496 +49.6%
3 years $84.50 +61.4% $6.67 $1,693 +69.3%
5 years $79.68 +71.2% $10.22 $1,840 +84.0%

Historical returns from market close data. Past performance does not guarantee future results.

The Ledger's Promise

This entry now belongs to the ledger. Whatever LR.PA does next, these words stay.

Legrand SA · LR.PA · Distribution · $133.55
Recorded 2026-06-14 · before the outcome · scored mechanically

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Screening is research, not a fatwa and not financial advice. Figures are drawn from public accounts at the screen date shown. Always manage your risk.

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