TELESIA risk profile
26 Normal where most of the sector sits
Measured 1 September 2026 from TLS.MI's filed statements. Recomputed nightly.
26 (Normal), driven by Cash conversion at 68, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 30 | Normal | Stable | Average daily turnover — $2.7K |
| Operating pressure | 6 | Contained | Easing | Operating-margin drift — +11.1 percentage points |
| Cash conversion | 68 | Stretched | Easing | Cash conversion — 0.29x |
| Leverage and coverage | 46 | Elevated | Easing | Interest cover — 3.82x |
| Competitive position | 21 | Normal | Stable | Revenue-growth gap against peers — +5.6 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.