Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical does not pass the values gate
Price24.01 USD
Fair value25.91
Ethical score70.0/100
Our investment reviews on this name
2026-09-21Read Markdown24.01+0.0% to today
2026-08-20Read Distribution31.28-23.2% 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.
Madison Air Solutions Corp holds its Markdown at $24.01.
As held on the ledger · 2026-09-18
Phase
Markdown · caution
Price at the screen
$24.01
Valuation
55.84 trailing · 18.74 forward price to earnings
Values screen
FAIL· score 70.0
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
69.10%
Below 33%
Interest-bearing debt is 69.1% of its assets, above the one-third ceiling the screen allows.
Fail
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
8.36%
Below 49%
Money owed to the company is 8.4% 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.
Fair value range in USD, drawn from the 2026-09-18 screen. The gold marker is the market price at the same screen. A 7.9% margin of safety to the base estimate.
Third-party analyst targets: 9 covering, consensus Strong Buy. The average target sits +71% 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 2026-09-18 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
Air Quality Firm Trades Above Fair Value
Picture a factory floor where fans and filters keep the air clean for workers and machines alike. Madison Air Solutions sells those products across heating, filtration and air movement, yet the shares sit 13 percent above our fair value at a forward multiple of 27 times earnings.
Revenue is rising 34 percent, but profit margins remain stuck at 3 percent. In a cyclical industry that follows construction and industrial spending, that combination leaves little room for error once orders slow.
Analyst targets point higher, yet the same pattern often marks peak earnings rather than a bargain. Ethical screen passes, but the valuation does not.
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
MAIR trades on the NYSE. 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
2026-09-21Markdown · changed$24.01-23.2%Entry 2
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 23.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it A. Technically it is momentum reading neutral. The street (11 analysts) rates it none, with a mean price target of $48.
2026-08-20Distribution$31.28Entry 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 negative risk-adjusted returns. Our composite framework grades it A. Technically it is momentum reading neutral. The street (11 analysts) rates it none, with a mean price target of $48.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.