Ninepoint Energy Fund - Series ETF (NNRG.NE)

Ninepoint Energy Fund - Series ETF (NNRG.NE) — VMCI valuation read

NNRG.NE screens at VMCI 29/100, a 21-point gap below the Energy sector median (50). For a mid-cap Ninepoint Energy Fund - Series ETF share, that placement says the multi-pillar composite is richer or lower quality than the typical peer on a like-for-like basis.

NNRG.NE has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: NNRG.NE trades at 24.0x earnings, 33% above the Energy median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Energy group. Quality: ROIC of 12.0% sits 2.0pp above the Energy median (10.0%), the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of 3.2x is the binding constraint on the bear case, which sets the rate-cycle exposure for Ninepoint Energy Fund - Series ETF.

NNRG.NE rose 2.8% over the trailing 7 days, with a -10.1% read on a 30-day basis.