Electricité de France S.A. (EDF.VI)

Electricité de France S.A. (EDF.VI) — VMCI valuation read

Electricité de France S.A. sits at VMCI 38/100, with the Utilities sector median at 50. That 12-point spread is the first thing to note on EDF.VI: 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 EDF.VI 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 EDF.VI: EDF.VI trades at 26.0x earnings, 44% above the Utilities median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 8.0% trails the Utilities median (10.0%) by 2.0pp. The Risk read: net debt to EBITDA of -1.0x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

EDF.VI fell 1.5% over the trailing 7 days, with a -10.3% read on a 30-day basis.