Nichols risk profile
34 Normal where most of the sector sits
Measured 21 October 2026 from NICL's filed statements. Recomputed nightly.
34 (Normal), driven by Competitive position at 42, over 5 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 29 | Normal | Stable | One-year price volatility — 28.5% |
| Operating pressure | 37 | Normal | Stable | Costs outgrowing revenue — -1.7 percentage points |
| Cash conversion | 40 | Elevated | Worsening | Cash conversion — 0.64x |
| Leverage and coverage | 3 | Contained | Stable | Current ratio — 3.63x |
| Competitive position | 42 | Elevated | Stable | Revenue-growth gap against peers — -11.3 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.