Bang & Olufsen a/s (0MRM.L)

Bang & Olufsen a/s (0MRM.L) — VMCI valuation read

Bang & Olufsen a/s sits at VMCI 43/100, with the Consumer Cyclical sector median at 50. That 7-point spread is the first thing to note on 0MRM.L: it tells the reader the composite is unfavorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on 0MRM.L are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on 0MRM.L: 0MRM.L trades at 18.0x earnings, 0% above the Consumer Cyclical median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 12.0% sits 2.0pp above the Consumer Cyclical median (10.0%). The Risk read: net debt to EBITDA of 2.8x is the rate-sensitivity line to watch, anchoring the bear scenario on a measurable balance-sheet metric.

0MRM.L rose 1.7% over the trailing 7 days, with a -5.4% read on a 30-day basis.