Talgo SA risk profile
64 Stretched several inputs deteriorating together
Measured 21 October 2026 from TLGO's filed statements. Recomputed nightly.
64 (Stretched), driven by Cash conversion at 100, over 5 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 42 | Elevated | Stable | Drawdown from the 52-week high — 24.2% |
| Operating pressure | 51 | Elevated | Easing | Operating-margin drift — -12.1 percentage points |
| Cash conversion | 100 | Acute | Stable | Capital spending against operating cash — -0.46x |
| Leverage and coverage | 91 | Acute | Worsening | Net debt to EBITDA |
| Competitive position | 57 | Elevated | Stable | Operating-margin gap against peers — -12.6 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.