DocCheck AG risk profile
35 Normal where most of the sector sits
Measured 1 September 2026 from AJ91's filed statements. Recomputed nightly.
35 (Normal), driven by Market expectation at 53, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 53 | Elevated | Easing | Drawdown from the 52-week high — 26.0% |
| Operating pressure | 31 | Normal | Easing | Operating-margin drift — +1.2 percentage points |
| Cash conversion | 49 | Elevated | Worsening | Capital spending against operating cash — 0.63x |
| Leverage and coverage | 4 | Contained | Stable | Current ratio — 3.18x |
| Competitive position | 33 | Normal | Stable | Revenue-growth gap against peers — -24.4 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.