SPADEL risk profile
32 Normal where most of the sector sits
Measured 21 October 2026 from SPA.BR's filed statements. Recomputed nightly.
32 (Normal), driven by Market expectation at 49, over 5 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 49 | Elevated | Stable | One-year price volatility — 35.4% |
| Operating pressure | 30 | Normal | Stable | Costs outgrowing revenue — -2.6 percentage points |
| Cash conversion | 35 | Normal | Worsening | Capital spending against operating cash — 0.46x |
| Leverage and coverage | 7 | Contained | Stable | Current ratio — 2.02x |
| Competitive position | 37 | Normal | Stable | Operating-margin gap against peers — +7.6 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.