An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.
In plain words · Thomson Reuters Corporation operates as a content and technology company in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
VERDICT
The label
Markup
read at $100.15
Thomson-Reuters Corp holds its Markup at $100.15.
PHPhase · the trend structure carries the Markup label
INInsiders · no filings inside 60 days, left as found
POPositioning · no disclosures inside 60 days, left as found
OPOptions · no verdict drawn today, left as found
SCScreen · passes the values gate
edge confirmed
edge broken
edge forming
Each arm is one independent read. Conviction is not a single call, it is how many edges converge.
INVESTOR
The investor read · the season, not the day
As held on the ledger · 2026-08-06
Phase
Markup
Quantitative state
Elevated stress, defensive posture warranted, held for 2 days
Price
$100.15
Valuation
26.15 trailing · 19.90 forward price to earnings
Values screen
PASS· score 70.0
Beta
N/A
OPPORTUNITY
The opportunity · what the numbers say it is worth
Read at
$100.15
26.15 P/E · 19.90 fwd
Our fair value
$109.58
9% discount
Analyst target (avg)
$118.50
+18% to current
Target low $85.00Analyst target rangeTarget high $146.00
▲ current $100.15 · | average target
Price history & projections · where it has been, where the models see it going
The valuation journey · where the price sits against fair value and the Street
Current
$100.15
you are here
Conservative
$76.50
-24%
Analyst avg
$118.50
+18%
Our fair value
$109.58
+9%
Analyst high
$146.00
+46%
Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Revenue growth
9.50%
Profit margin
21.22%
Debt to equity
26.44
Analyst consensus
Buy · 12 covering
Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.
SCREEN
The values screen, explained · five checks, plain English
This company clears both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. Here is how it did on each:
The common standard· AAOIFI Used by most halal investing apps✓ PASSES
Our stricter standard· asset-based The one Titan applies✓ PASSES
Business activityIts core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending.Pass
Debt loadInterest-bearing debt is just 13.2% of its assets, well under the one-third ceiling — it does not run on borrowed money.Pass
Interest-bearing cashCash held in interest-bearing accounts and securities is 1.0% of assets, under the one-third limit.Pass
ReceivablesMoney owed to the company is 8.3% of assets, under the 49% limit.Pass
Revenue purityOnly 0.5% of revenue comes from non-compliant sources — under the 5% line.Pass
Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.
PLAIN
The business, in plain words · what the numbers mean
Trusted research tools but no real edge
Lawyers and accountants still reach for familiar platforms when they need verified data fast. Thomson Reuters delivers that service across legal, tax and news segments, with revenue rising 10 percent and margins holding at 20 percent. Yet the narrow moat and opportunity rating of none leave us with little reason to step in.
The forward multiple sits at 19.1 times earnings while return on equity runs at just 13 percent. A 15 percent margin of safety to fair value exists on paper, and the ethical screen clears, but the business shows no standout quality that would justify stretching for it now.
Currency moves, competition from newer platforms and modest returns on capital all sit in the risk column. The setup looks steady rather than compelling. Analysis, not advice.
Screened names in the same industry · explore each on its own page.
TRADER
The trader read · the latest dated commentary
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: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 56%. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (12 analysts) rates it buy, with a mean price target of $123. Entered 2026-07-18 · Distribution
JOURNAL
The dated journal · newest first, never edited
2026-07-18Distribution$81.41+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: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 56%. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (12 analysts) rates it buy, with a mean price target of $123.
2026-07-03Distribution$81.41+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: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.
2026-07-02Distribution$81.41Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
POLITICAL
The political ledger · congressional disclosures
Disclosures naming TRI
Date
Politician
Party
Type
Amount
9 Apr2026
Scott Peters
Democrat
buy
50K–100K
8 Jul2026
Dave McCormick
Republican
buy
250K–500K
6 May2026
Dave McCormick
Republican
buy
500K–1M
6 May2026
Scott Peters
Democrat
buy
50K–100K
6 May2026
Scott Peters
Democrat
buy
50K–100K
RETURNS
What holding actually paid · price plus dividends
If $1,000 had been placed · historical, not a promise
Period
Price then
Price return
Divs per share
$1,000 became
Total return
1 month
$88.55
-7.4%
$0.66
$933
-6.7%
2 months
$81.39
+0.7%
$2.09
$1,033
+3.3%
3 months
$97.04
-15.5%
$2.09
$866
-13.4%
6 months
$127.96
-36.0%
$2.75
$662
-33.8%
1 year
$184.85
-55.7%
$3.94
$465
-53.5%
2 years
$162.17
-49.5%
$6.21
$544
-45.6%
3 years
$115.14
-28.8%
$13.11
$826
-17.4%
5 years
$88.88
-7.8%
$16.82
$1,111
+11.1%
Historical returns from market close data. Past performance does not guarantee future results.
SEALED
This entry now belongs to the ledger. Whatever TRI does next, these words stay.
Thomson-Reuters Corp · TRI · Markup · $100.15
Recorded 2026-08-06 · before the outcome · scored mechanically
