COM.TEL risk profile
30 Normal where most of the sector sits
Measured 1 September 2026 from CMTL.MI's filed statements. Recomputed nightly.
30 (Normal), driven by Cash conversion at 57, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 55 | Elevated | Volatile | One-year price volatility — 69.3% |
| Operating pressure | 52 | Elevated | Worsening | Costs outgrowing revenue — +7.1 percentage points |
| Cash conversion | 57 | Elevated | Worsening | Capital spending against operating cash — 1.32x |
| Leverage and coverage | 26 | Normal | Easing | Current ratio — 1.00x |
| Competitive position | 18 | Contained | Stable | Operating-margin gap against peers — +8.7 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.