VIRTUALWARE risk profile
39 Normal where most of the sector sits
Measured 5 September 2026 from ALVIR.PA's filed statements. Recomputed nightly.
39 (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 | 29 | Normal | No prior period | Average daily turnover — $284 |
| Operating pressure | 52 | Elevated | Worsening | Costs outgrowing revenue — +9.4 percentage points |
| Cash conversion | 100 | Acute | Worsening | Capital spending against operating cash — -0.59x |
| Leverage and coverage | 70 | Stretched | Worsening | Net debt to EBITDA — 6.54x |
| Competitive position | 26 | Normal | No prior period | Operating-margin gap against peers — +11.6 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.