Positioning no disclosures inside 60 days, left as found
Options put/call open interest 0.24, read 2026-10-27
Ethical passes the values gate
Price16.27 USD
Fair value23.97
Ethical score70.0/100
Our investment reviews on this name
2026-09-10Read Markdown21.10-22.9% to today ✓Markup gives way to Markdown
2026-07-02Read Markup20.96-22.4% 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.
Pattern Group Inc. holds its Markdown at $16.27. The statistical read favours the sellers, held for 117 days.
As held on the ledger · 2026-10-27
Phase
Markdown · caution
Quantitative state
The statistical read favours the sellers, held for 117 days
Price at the screen
$16.27
Valuation
N/A trailing · 23.06 forward price to earnings
Values screen
PASS· score 70.0
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
3.25%
Below 33%
Interest-bearing debt is just 3.3% 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
49.20%
Below 49%
Money owed to the company is 49.2% of assets, under the 49% limit.
Pass
Revenue purity
0.31%
Below 5%
Only 0.3% 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
Pattern clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 3%, inside the ~33% line, and almost none of its income is interest, so it passes.
Read as at 2026-10-27. It updates when the underlying figures move, and past reads are kept below.
Follow this verdict
Get an email when PTRN's ethical verdict changes
Today PTRN 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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Fair value range in USD, drawn from the 2026-10-27 screen. The gold marker is the market price at the same screen. A 32.2% margin of safety to the base estimate.
Third-party analyst targets: 8 covering, consensus Strong Buy. The average target sits +69% 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 2026-10-27 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
Overpriced Helper for Brand E-commerce Push
Every brand chasing online sales needs someone to handle inventory, listings and logistics across dozens of marketplaces. Pattern Group sells exactly that mix of software and on-hand expertise. Yet the shares trade at twenty-eight dollars against our fair value of twenty-two, leaving no margin of safety and an explicit none rating.
Revenue is rising forty-three percent, which looks lively, but the business still delivers only a one percent profit margin and four percent return on equity while investors pay thirty-nine times forward earnings. Analyst targets sit at twenty-five dollars, already below the current price, so the growth has to accelerate sharply just to justify what the market is asking today.
The ethical screen is clear, yet thin margins, unknown competitive edge and a valuation that prices in perfection leave little room for any stumble in ad costs or marketplace rules. High growth rarely survives once the multiple compresses. Analysis, not advice.
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
PTRN 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
2026-10-28Markdown$18.13+0.0%Entry 9
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. 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 D. Technically it is holding around 7% above its long-term trend line with momentum reading bearish. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (9 analysts) rates it strong buy, with a mean price target of $22. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-21Markdown$18.13-1.6%Entry 8
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 1.6% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 0% above its long-term trend line with momentum reading neutral. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (9 analysts) rates it strong buy, with a mean price target of $22.
2026-10-14Markdown$18.42-9.0%Entry 7
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 9.0% 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. Technically it is momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (9 analysts) rates it strong buy, with a mean price target of $22.
2026-10-02Markdown$20.24-4.1%Entry 6
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 4.1% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (9 analysts) rates it strong buy, with a mean price target of $22.
2026-09-10Markdown · changed$21.10-4.3%Entry 5
The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 4.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (9 analysts) rates it strong buy, with a mean price target of $22.
2026-08-09Markup$22.05+5.2%Entry 4
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 5.2% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (9 analysts) rates it strong buy, with a mean price target of $22.
2026-07-18Markup$20.96+0.0%Entry 3
Our analysis 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: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is momentum reading bullish. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (9 analysts) rates it strong buy, with a mean price target of $22.
2026-07-03Markup$20.96+0.0%Entry 2
Our analysis 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: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Markup$20.96Entry 1
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). 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.