Is PURE CYCLE CORP (PCYO) Halal?

NASDAQ Utilities United States $238M
✗ NOT HALAL
Confidence: 90/100
PURE CYCLE CORP (PCYO) is Not Halal under AAOIFI Standard 21. The company's impermissible income ratio of 12.54% exceeds the 5% threshold allowed under AAOIFI. PURE CYCLE CORP operates in the Utilities sector.

Shariah Screening — 5 Standards

Based on financial data from August 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 2.8%
/ 30%
8.9%
/ 30%
0.5%
/ 30%
12.54%
/ 5%
✗ NOT HALAL
DJIM 2.8%
/ 33%
8.9%
/ 33%
0.5%
/ 33%
12.54%
/ 5%
✗ NOT HALAL
MSCI 4.2%
/ 33%
13.5%
/ 33%
0.8%
/ 33%
12.54%
/ 5%
✗ NOT HALAL
S&P 2.8%
/ 33%
8.9%
/ 33%
0.5%
/ 33%
12.54%
/ 5%
✗ NOT HALAL
FTSE 4.2%
/ 33%
13.5%
/ 33%
0.8%
/ 50%
12.54%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
17.3
Forward: 109.7
EPS
$0.57
P/B Ratio
1.6
EV/EBITDA
18.0
EV: $229M
Revenue
$26M
Growth: 58.8%
Beta
1.3
High volatility
Current Ratio
2.3

Profitability

Gross Margin 63.2%
Operating Margin 48.0%
Net Margin 46.6%
Return on Equity (ROE) 9.8%
Return on Assets (ROA) 4.1%

Cash Flow & Balance Sheet

Operating Cash Flow$13M
Free Cash Flow$4M
Total Debt$7M
Debt-to-Equity5.4
Current Ratio2.3
Total Assets$162M

Price & Trading

Last Close$9.85
50-Day MA$10.83
200-Day MA$10.80
Avg Volume53K
Beta1.3
52-Week Range
$9.65
$12.15

About PURE CYCLE CORP (PCYO)

CEO
Mr. Mark W. Harding
Employees
44
Sector
Utilities
Industry
Utilities - Regulated Water
Country
United States
Exchange
NASDAQ
Market Cap
$238M
Currency
USD

Pure Cycle Corporation provides water and wastewater services in the United States. It operates in three segments: Water and Wastewater Resource Development, Land Development, and Single-Family Rental. The company engages in the wholesale water production, storage, treatment, and distribution systems; wastewater collection and treatment systems; development of land into master planned communities; and construction and leasing of single-family homes. It serves domestic, commercial, and industrial customers. Pure Cycle Corporation was incorporated in 1976 and is headquartered in Watkins, Colorado.

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Frequently Asked Questions

Is PURE CYCLE CORP (PCYO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), PURE CYCLE CORP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is PURE CYCLE CORP's debt ratio?

PURE CYCLE CORP's debt ratio is 2.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 4.2%.

What are PURE CYCLE CORP's key financial metrics?

PURE CYCLE CORP has a market capitalization of $238M, trailing P/E ratio of 17.3, and revenue of $26M. The company maintains a gross margin of 63.2% and a net margin of 46.6%. Return on equity stands at 9.8%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.