Ecoark Holdings, Inc. (ZEST)

Ecoark Holdings, Inc. (ZEST) — VMCI valuation read

Ecoark Holdings, Inc. (ZEST) carries a VMCI composite of 42/100, 8 points below the Energy sector median of 50. Among mid-cap names, that gap places ZEST in the bottom third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).

The ZEST 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 ZEST trades at 24.0x earnings, 33% above the Energy median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Energy 12.0x. Quality: ROIC of 14.0% sits 4.0pp above the Energy median (10.0%). Risk: net debt to EBITDA of 3.2x is the binding constraint on the bear case, the line to track on Ecoark Holdings, Inc.'s next 10-Q.

ZEST fell 3.8% over the trailing 7 days, with a -2.4% read on a 30-day basis.