ATARI risk profile
38 Normal where most of the sector sits
Measured 21 October 2026 from ALATA.PA's filed statements. Recomputed nightly.
38 (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 | 72 | Stretched | Stable | Drawdown from the 52-week high — 49.8% |
| Operating pressure | 1 | Contained | Stable | Operating-margin drift — +15.4 percentage points |
| Cash conversion | 100 | Acute | Stable | Capital spending against operating cash — 1.92x |
| Leverage and coverage | 70 | Stretched | Stable | Net debt to EBITDA — 4.55x |
| Competitive position | 28 | Normal | Stable | Operating-margin gap against peers — -5.1 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.