Sturm Ruger & Company Inc

RGR

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Consumer Cyclicals
USA
Small Cap

Sturm Ruger & Company Inc is not Shariah Compliant because its Impure Income is more than 5% of its total revenues.

99.81%

Impure Income*

$5.761

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Small Cap
BUY
$47.00
2
4.14%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-2.25%
-0.80%
3.08
3.87
781.48%

Shariah Compliance

Debt
Non-Compliant Assets
13.29%
Impure Income
99.81%

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
Impure Income
99.81%

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
Impure Income
99.81%

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
Cash
6.8%
Cash & AR
27.69%
Impure Income
99.81%

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
Cash
6.8%
Cash & AR
27.69%
Impure Income
99.81%

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

Firearms
99.25%
Interest Income
0.56%

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

Sturm, Ruger & Company, Inc. is principally engaged in the design, manufacture, and sale of firearms to domestic customers. The Company’s segments include firearms and castings. The firearms segment manufactures and sells rifles, pistols, revolvers, and shotguns principally to a number of federally licensed, independent wholesale distributors primarily located in the United States. The Company also manufactures and sells accessories and replacement parts for its firearms. The Company offers firearm products, under the Ruger name, in the following industry categories: rifles, shotguns, pistols, and revolvers. In addition, the Company offers lever-action rifles under the Marlin name and bolt-action rifles under the Glenfield name. The castings segment manufactures and sells steel investment castings and metal injection molding (MIM) parts. The castings and MIM parts are sold to outside customers, either directly or through manufacturers’ representatives.