GAS PLUS risk profile
34 Normal where most of the sector sits
Measured 1 September 2026 from T9O's filed statements. Recomputed nightly.
34 (Normal), driven by Market expectation at 52, over 4 weighted categories on the GENERAL profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 52 | Elevated | Stable | One-year price volatility — 38.9% |
| Operating pressure | 46 | Elevated | Easing | Operating-margin drift — -0.9 percentage points |
| Cash conversion | 14 | Contained | Stable | Capital spending against operating cash — 0.34x |
| Leverage and coverage | 24 | Normal | Easing | Current ratio — 1.03x |
| Competitive position | Reads research_and_development, operating_income, revenue, peer cohort and disclosed transition KPIs. No reading is stored for this company. | |||
| 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.