MARKS & SPENCER risk profile
37 Normal where most of the sector sits
Measured 1 September 2026 from MA6's filed statements. Recomputed nightly.
37 (Normal), driven by Operating pressure at 46, over 4 weighted categories on the GENERAL profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 31 | Normal | Stable | One-year price volatility — 32.8% |
| Operating pressure | 46 | Elevated | Easing | Costs outgrowing revenue — -1.2 percentage points |
| Cash conversion | 32 | Normal | Worsening | Capital spending against operating cash — 0.53x |
| Leverage and coverage | 41 | Elevated | Worsening | Current ratio — 0.86x |
| Competitive position | Reads research_and_development, operating_income, revenue, peer cohort and disclosed transition KPIs. No reading is stored for this company. | |||
| 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.