Legible Inc. (LEBGF)

Legible Inc. (LEBGF) — VMCI valuation read

Legible Inc. sits at VMCI 38/100, with the Communication Services sector median at 50. That 12-point spread is the first thing to note on LEBGF: 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 LEBGF 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 LEBGF: LEBGF trades at 16.0x earnings, 11% below the Communication Services median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 16.0% sits 6.0pp above the Communication Services median (10.0%). The Risk read: net debt to EBITDA of 3.5x is the binding constraint on the bear case, anchoring the bear scenario on a measurable balance-sheet metric.

LEBGF rose 2.0% over the trailing 7 days, with a -14.9% read on a 30-day basis.