LIG Assets, Inc. (LIGA)

LIG Assets, Inc. (LIGA) — VMCI valuation read

Headline read on LIGA: VMCI of 47/100 versus a Communication Services sector median of 50. The 4-point below-median position is what makes LIG Assets, Inc. a relative-value laggard in the mid-cap cohort, before any pillar-level review.

Form 4 filings on LIGA: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on LIGA: value (LIGA trades at 23.0x earnings, 28% above the Communication Services median of 18.0x), quality (ROIC of 11.0% sits 1.0pp above the Communication Services median (10.0%)), and risk (net debt to EBITDA of 1.2x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Communication Services 12.0x baseline.

LIGA fell 2.1% over the trailing 7 days, with a +4.6% read on a 30-day basis.