TISCALI SPA risk profile
61 Stretched several inputs deteriorating together
Measured 1 September 2026 from TIQ's filed statements. Recomputed nightly.
61 (Stretched), driven by Market expectation at 90, over 5 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 90 | Acute | Stable | Drawdown from the 52-week high — 46.2% |
| Operating pressure | 52 | Elevated | Worsening | Operating-margin drift — -10.2 percentage points |
| Cash conversion | 69 | Stretched | Easing | Capital spending against operating cash — 0.98x |
| Leverage and coverage | 76 | Stretched | Worsening | Net debt to EBITDA — 6.28x |
| Competitive position | 52 | Elevated | Stable | Operating-margin gap against peers — -17.4 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.