AATECH risk profile
20 Normal where most of the sector sits
Measured 1 September 2026 from AAT.MI's filed statements. Recomputed nightly.
20 (Normal), driven by Cash conversion at 100, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 44 | Elevated | Stable | One-year price volatility — 40.8% |
| Operating pressure | 18 | Contained | Stable | Operating-margin drift — +0.2 percentage points |
| Cash conversion | 100 | Acute | Stable | Capital spending against operating cash — -1.55x |
| Leverage and coverage | 58 | Elevated | Easing | Net debt to EBITDA — 3.85x |
| Competitive position | 1 | Contained | Stable | Operating-margin gap against peers — +29.3 percentage points |
| Concentration | Reads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company. | |||
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.