Ingenta plc (ING.L)

Ingenta plc (ING.L) — VMCI valuation read

Ingenta plc sits at VMCI 63/100, with the Technology sector median at 50. That 13-point spread is the first thing to note on ING.L: it tells the reader the composite is favorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on ING.L 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 ING.L: ING.L trades at 22.0x earnings, 22% above the Technology 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 Technology median (10.0%). The Risk read: net debt to EBITDA of -1.6x leaves covenant headroom, anchoring the bear scenario on a measurable balance-sheet metric.

ING.L rose 2.7% over the trailing 7 days, with a +2.6% read on a 30-day basis.