Elray Resources, Inc. (ELRA)

Elray Resources, Inc. (ELRA) — VMCI valuation read

Elray Resources, Inc. sits at VMCI 40/100, with the Consumer Cyclical sector median at 50. That 10-point spread is the first thing to note on ELRA: 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 ELRA 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 ELRA: ELRA trades at 22.0x earnings, 22% above the Consumer Cyclical median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 8.0% trails the Consumer Cyclical median (10.0%) by 2.0pp. The Risk read: net debt to EBITDA of 0.4x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

ELRA fell 2.8% over the trailing 7 days, with a -16.4% read on a 30-day basis.