Scatec ASA (0R3I.L)

Scatec ASA (0R3I.L) — VMCI valuation read

0R3I.L screens at VMCI 44/100, a 6-point gap below the Utilities sector median (50). For a mid-cap Scatec ASA share, that placement says the multi-pillar composite is richer or lower quality than the typical peer on a like-for-like basis.

0R3I.L has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: 0R3I.L trades at 14.0x earnings, 22% below the Utilities median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Utilities group. Quality: ROIC of 8.0% trails the Utilities median (10.0%) by 2.0pp, the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of -0.6x leaves covenant headroom, which sets the rate-cycle exposure for Scatec ASA.

0R3I.L fell 1.3% over the trailing 7 days, with a +1.5% read on a 30-day basis.