SPI Energy Co., Ltd. (SPI)

SPI Energy Co., Ltd. (SPI) — VMCI valuation read

SPI screens at VMCI 36/100, a 14-point gap below the Energy sector median (50). For a mid-cap SPI Energy Co., Ltd. share, that placement says the multi-pillar composite is richer or lower quality than the typical peer on a like-for-like basis.

SPI 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: SPI trades at 18.0x earnings, 0% 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 2.0x is the rate-sensitivity line to watch, which sets the rate-cycle exposure for SPI Energy Co., Ltd..

SPI fell 0.4% over the trailing 7 days, with a -13.4% read on a 30-day basis.