Brilliant Future AB (publ) (BRILL.ST)

Brilliant Future AB (publ) (BRILL.ST) — VMCI valuation read

Brilliant Future AB (publ) sits at VMCI 49/100, with the Industrials sector median at 50. That 1-point spread is the first thing to note on BRILL.ST: 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 BRILL.ST 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 BRILL.ST: BRILL.ST trades at 24.0x earnings, 33% above the Industrials 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 Industrials median (10.0%). The Risk read: net debt to EBITDA of 1.6x is the rate-sensitivity line to watch, anchoring the bear scenario on a measurable balance-sheet metric.

BRILL.ST fell 1.2% over the trailing 7 days, with a +4.6% read on a 30-day basis.