ENERGY S.P.A. risk profile
69 Stretched several inputs deteriorating together
Measured 1 September 2026 from S2I's filed statements. Recomputed nightly.
69 (Stretched), driven by Cash conversion at 91, over 5 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 68 | Stretched | Stable | Drawdown from the 52-week high — 32.9% |
| Operating pressure | 39 | Normal | Easing | Operating-margin drift — -28.5 percentage points |
| Cash conversion | 91 | Acute | Easing | Capital spending against operating cash — 1.30x |
| Leverage and coverage | 87 | Acute | Worsening | Net debt to EBITDA |
| Competitive position | 74 | Stretched | Stable | Revenue-growth gap against peers — -84.0 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.