TECNO risk profile
36 Normal where most of the sector sits
Measured 1 September 2026 from TCG.MI's filed statements. Recomputed nightly.
36 (Normal), driven by Cash conversion at 77, over 4 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 43 | Elevated | Stable | One-year price volatility — 42.5% |
| Operating pressure | 28 | Normal | Stable | Costs outgrowing revenue — -2.5 percentage points |
| Cash conversion | 77 | Stretched | Worsening | Capital spending against operating cash — 2.45x |
| Leverage and coverage | 12 | Contained | Easing | Current ratio — 1.58x |
| 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.