Next 15 Group plc risk profile

61 Stretched several inputs deteriorating together

Measured 21 October 2026 from NFG.L's filed statements. Recomputed nightly.

61 (Stretched), driven by Competitive position at 69, over 5 weighted categories on the SOFTWARE profile.

What is measured

MechanismReadingBandDirectionDriver
Market expectation48ElevatedStableOne-year price volatility — 42.7%
Operating pressure58ElevatedWorseningCosts outgrowing revenue — +4.5 percentage points
Cash conversion31NormalWorseningCapital spending against operating cash — 0.17x
Leverage and coverage54ElevatedWorseningInterest cover — 3.35x
Competitive position69StretchedStableOperating-margin gap against peers — -6.0 percentage points
ConcentrationReads 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.

Communication Services companies with a risk reading

Financials, valuation and price history for Next 15 Group plc