ELES Semiconductor Equipment S.p.A. (ELES.MI)

ELES Semiconductor Equipment S.p.A. (ELES.MI) — VMCI valuation read

Composite valuation read on ELES.MI: VMCI 53/100 against a Technology sector median of 50. The 3-point above-median print is the headline number for ELES Semiconductor Equipment S.p.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 ELES.MI: 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 ELES.MI: ELES.MI trades at 19.0x earnings, 6% above the Technology median of 18.0x; ROIC of 17.0% sits 7.0pp above the Technology median (10.0%); net debt to EBITDA of 3.1x is the binding constraint on the bear case. EV/EBITDA at 14.0x versus 12.0x for Technology closes the value frame.

ELES.MI rose 3.9% over the trailing 7 days, with a -19.8% read on a 30-day basis.