Entech S.A. (ALESE.PA)

Entech S.A. (ALESE.PA) — VMCI valuation read

Composite valuation read on ALESE.PA: VMCI 55/100 against a Utilities sector median of 50. The 5-point above-median print is the headline number for Entech S.A., and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for ALESE.PA: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on ALESE.PA: ALESE.PA trades at 25.0x earnings, 39% above the Utilities median of 18.0x; ROIC of 9.0% trails the Utilities median (10.0%) by 1.0pp; net debt to EBITDA of 2.4x is the rate-sensitivity line to watch. EV/EBITDA at 14.0x versus 12.0x for Utilities closes the value frame.

ALESE.PA rose 0.1% over the trailing 7 days, with a -8.5% read on a 30-day basis.