POB AG NA O.N. risk profile
39 Normal where most of the sector sits
Measured 1 September 2026 from PO1's filed statements. Recomputed nightly.
39 (Normal), driven by Leverage and coverage at 98, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 56 | Elevated | Stable | Drawdown from the 52-week high — 26.7% |
| Operating pressure | 29 | Normal | Easing | Operating-margin drift — +2.9 percentage points |
| Cash conversion | 90 | Acute | Easing | Capital spending against operating cash — -0.35x |
| Leverage and coverage | 98 | Acute | Stable | Net debt to EBITDA |
| Competitive position | 26 | Normal | Stable | Revenue-growth gap against peers — +0.5 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.