NAS100 29,433 −0.70% S&P 7,712 −0.25% GOLD $4,504 −2.29% BTC $77,557 −3.37% VIX 14.43 −0.55% live tape · as of 16:37 UTC · 29 Aug
Vol. II · No. 242Sunday, 30 August 2026
TTitan Protect
The Screen · Industrials · Conglomerates

Union Properties Public Joint Stock Company

UPP.AE · USD · Market cap $1.5B

Union Properties Public Joint Stock Company invests in and develops properties.

PASS · Titan Ethical
0.54 USD

At the last full screen
2026-08-17

Screened 2026-08-17 · the tape above runs as of 16:37 UTC · 29 Aug · two dates, stated on purpose · verdict and workings shown in full · never trimmed

The Label · The Season, Not the Day

This name holds its markdown label.

Union Properties Public Joint Stock Company holds its Markdown at $0.54. The statistical read favours the sellers, held for 29 days.

As held on the ledger · 2026-08-17
PhaseMarkdown · caution
Quantitative stateThe statistical read favours the sellers, held for 29 days
Price at the screen$0.54
Valuation4.91 trailing · 6.00 forward price to earnings
Values screenPASS
Beta0.62
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.

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 7.13% Below 33% Interest-bearing debt is just 7.1% of its assets, well under the one-third ceiling: it does not run on borrowed money. Pass
Interest-bearing cash 0.01% Below 33% Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit. Pass
Receivables 11.94% Below 49% Money owed to the company is 11.9% of assets, under the 49% limit. Pass
Revenue purity 0.40% Below 5% Only 0.4% 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

0.69Conservative0.69Base case1.08Growth case 0.54Price

Fair value range in USD, drawn from the 2026-08-17 screen. The gold marker is the market price at the same screen. A 27.8% margin of safety to the base estimate.

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

Price History & Projections
$0.9$0.5$0.2TODAY5y agoPROJECTIONConservative$0.69 +28%Street avg$0.69 +28%Our fair value$0.69 +28%Street high$0.69 +28%

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 2026-08-17 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
The fundamentals · plain-English read
Forward P/E6.0xcheap for a company growing this fast
Trailing P/E4.9xvery cheap relative to earnings
EPS, trailing0.11
EPS, forward0.09
Revenue growth+69.2%growing very fast
Profit margin49.1%highly profitable on every dollar of sales
Return on equity13.8%a solid return on shareholder capital
FCF yield-11.52%
Debt to equity0.09minimal debt: a conservative balance sheet
Current ratio2.47comfortably covers its short-term bills
Beta0.62steadier than the market
52-week range0.53 - 0.94
MoatMODERATE
Market cap$1.5B

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to United Arab Emirates and to currency swings.

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

The Dated Journal · Newest First, Never Edited

Every Entry, As Written

2026-08-15 Distribution $0.64 -6.0% Entry 4

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 6.0% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is momentum reading neutral. Our forward projection puts the odds of a 10% gain over the next month near 34%. The street (1 analysts) rates it underperform, with a mean price target of $1.

2026-07-18 Distribution $0.68 +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 ethical screening pending. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is momentum reading neutral. Our forward projection puts the odds of a 10% gain over the next month near 34%. The street (1 analysts) rates it underperform, with a mean price target of $1.

2026-07-03 Distribution $0.68 +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 ethical screening pending. The risk-adjusted return profile shows excellent risk-adjusted returns.

2026-07-02 Distribution $0.68 Entry 1

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with ethical screening pending. 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.

Related Securities · Others in UPP.AE's Space

Screened names in the same industry · explore each on its own page.

The Ledger's Promise

This entry now belongs to the ledger. Whatever UPP.AE does next, these words stay.

Union Properties Public Joint Stock Company · UPP.AE · Markdown · $0.54
Recorded 2026-08-17 · 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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