Ubisoft Entertainment S.A. (UBSFY)

Ubisoft Entertainment S.A. (UBSFY) — VMCI valuation read

Headline read on UBSFY: VMCI of 50/100 versus a Technology sector median of 50. The 0-point below-median position is what makes Ubisoft Entertainment S.A. a relative-value laggard in the mid-cap cohort, before any pillar-level review.

Form 4 filings on UBSFY: 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 UBSFY: value (UBSFY trades at 19.0x earnings, 6% above the Technology median of 18.0x), quality (ROIC of 11.0% sits 1.0pp above the Technology median (10.0%)), and risk (net debt to EBITDA of -0.7x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Technology 12.0x baseline.

UBSFY fell 2.7% over the trailing 7 days, with a -7.4% read on a 30-day basis.