Noratis AG risk profile
66 Stretched several inputs deteriorating together
Measured 1 September 2026 from NUVA's filed statements. Recomputed nightly.
66 (Stretched), driven by Market expectation at 87, over 5 weighted categories on the GENERAL profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 87 | Acute | Stable | Drawdown from the 52-week high — 83.2% |
| 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 | 73 | Stretched | Stable | Operating-margin gap against peers — -19.2 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.