Tremor International Ltd (TRMR)

Tremor International Ltd (TRMR) — VMCI valuation read

Across 120 indicators, Tremor International Ltd (TRMR) lands at VMCI 64/100. The Communication Services sector median is 50, so the 14-point above-median read is the active comparison. Pillar weighting on the score: Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%.

No material Form 4 disclosures landed on TRMR in the past 30 days. Quiet insider tape removes one signal source; the active reads stay with the trailing-twelve-month financials and the next 10-Q.

**Investor frame.** On Value, TRMR trades at 25.0x earnings, 39% above the Communication Services median of 18.0x; the EV/EBITDA delta of -2.0x reinforces that single line. On Quality, ROIC of 13.0% sits 3.0pp above the Communication Services median (10.0%). On Risk, net debt to EBITDA of 3.5x is the binding constraint on the bear case for TRMR on the trailing balance sheet.

TRMR rose 1.5% over the trailing 7 days, with a +3.1% read on a 30-day basis.