Sligro Food Group N.V. (SLIGR.AS)

Sligro Food Group N.V. (SLIGR.AS) — VMCI valuation read

Headline read on SLIGR.AS: VMCI of 51/100 versus a Consumer Defensive sector median of 50. The 1-point above-median position is what makes Sligro Food Group N.V. a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on SLIGR.AS: 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 SLIGR.AS: value (SLIGR.AS trades at 23.0x earnings, 28% above the Consumer Defensive median of 18.0x), quality (ROIC of 19.0% sits 9.0pp above the Consumer Defensive median (10.0%)), and risk (net debt to EBITDA of -1.5x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Consumer Defensive 12.0x baseline.

SLIGR.AS rose 3.0% over the trailing 7 days, with a -14.2% read on a 30-day basis.