Caspar Asset Management S.A. (CSR.WA)

Caspar Asset Management S.A. (CSR.WA) — VMCI valuation read

CSR.WA prints VMCI 61/100 inside the Financial Services sector, where the median sits at 50. The 11-point above-median delta is the cleanest single-number summary of Caspar Asset Management S.A.'s composite stance, and in the mid-cap bucket it places the share ahead of the typical peer on the five-pillar mix.

On CSR.WA, the SEC EDGAR Form 4 stream shows no insider buys or sells in the past 30 days. Quiet tapes happen; they just remove a signal that bull and bear cases sometimes lean on for confirmation.

**Investor frame.** CSR.WA trades at 24.0x earnings, 33% above the Financial Services median of 18.0x; that is the value line. ROIC of 14.0% sits 4.0pp above the Financial Services median (10.0%); that is the quality line. net debt to EBITDA of 3.4x is the binding constraint on the bear case; that is the risk line for Caspar Asset Management S.A. on the trailing financials.

CSR.WA rose 0.5% over the trailing 7 days, with a -18.1% read on a 30-day basis.