CPI Aerostructures Inc

CVU

Compliant
Exchange
Sector
Headquarters
Group
NYSE MKT
Industrials
USA
Micro Cap

CPI Aerostructures Inc is Shariah Compliant. It passes 1/5 Shariah standards we screen against.

-

Impure Income*

-

Purification*

$0.032

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
-9.71%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
2.67%
-9.68%
0.93
1.77

Shariah Compliance

Debt
27.95%
✓
Non-Compliant Assets
✓
Impure Income
0.00%
-

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
43.24%
✗
Impure Income
0.00%
-

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
38.8%
✗
Impure Income
0.00%
-

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
24.28%
✓
Cash
1.06%
✓
Cash & AR
57.11%
✗
Impure Income
0.00%
-

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
24.28%
✓
Cash
1.06%
✓
Cash & AR
57.11%
✗
Impure Income
0.00%
-

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
-

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

CPI Aerostructures, Inc. is a manufacturer of structural assemblies, integrated systems, and kitting services for the domestic and international aerospace and defense (A&D) markets. The Company is a supplier of aircraft parts for fixed wing aircraft and helicopters in both the commercial and defense markets in the United States. It provides manufacturing engineering, program management, supply chain management, kitting, and maintenance repair and overhaul (MRO) services. Its products are used by customers in the production and refurbishment of fixed wing aircraft, helicopters, electronic warfare systems, intelligence, surveillance, and reconnaissance (ISR) systems, missiles, autonomous systems, and other sophisticated A&D products. The Company is a prime contractor to the United States Department of Defense (DOD), primarily for the United States Air Force (USAF). Its products are used by original equipment manufacturers within both commercial aerospace and national security markets.

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