Magnora ASA (SVMRF)

Magnora ASA (SVMRF) — VMCI valuation read

Magnora ASA (SVMRF) carries a VMCI composite of 54/100, 4 points above the Utilities sector median of 50. Among mid-cap names, that gap places SVMRF in the top third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).

The SVMRF insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.

**Investor frame.** Value reads SVMRF trades at 20.0x earnings, 11% above the Utilities median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Utilities 12.0x. Quality: ROIC of 14.0% sits 4.0pp above the Utilities median (10.0%). Risk: net debt to EBITDA of 2.6x is the rate-sensitivity line to watch, the line to track on Magnora ASA's next 10-Q.

SVMRF rose 2.0% over the trailing 7 days, with a -21.1% read on a 30-day basis.