TMD Energy Limited (TMDE)

TMD Energy Limited (TMDE) — VMCI valuation read

TMDE screens at VMCI 48/100, a 2-point gap below the Energy sector median (50). For a mid-cap TMD Energy Limited share, that placement says the multi-pillar composite is richer or lower quality than the typical peer on a like-for-like basis.

TMDE 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: TMDE trades at 20.0x earnings, 11% above the Energy median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Energy group. Quality: ROIC of 8.0% trails the Energy median (10.0%) by 2.0pp, the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of 1.9x is the rate-sensitivity line to watch, which sets the rate-cycle exposure for TMD Energy Limited.

TMDE rose 2.5% over the trailing 7 days, with a +7.8% read on a 30-day basis.