Noratis AG risk profile
69 Stretched several inputs deteriorating together
Measured 21 October 2026 from NUVA's filed statements. Recomputed nightly.
69 (Stretched), driven by Market expectation at 100, over 5 weighted categories on the GENERAL profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 100 | Acute | Volatile | One-year price volatility — 155.9% |
| Operating pressure | 83 | Acute | Worsening | Costs outgrowing revenue — +37.1 percentage points |
| Cash conversion | 11 | Contained | Stable | Capital spending against operating cash — 0.00x |
| Leverage and coverage | 78 | Stretched | Stable | Net debt to EBITDA — 59.29x |
| Competitive position | 72 | Stretched | Stable | Operating-margin gap against peers — -22.2 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.