VNE risk profile
37 Normal where most of the sector sits
Measured 22 October 2026 from VNE.MI's filed statements. Recomputed nightly.
37 (Normal), driven by Cash conversion at 57, over 5 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 42 | Elevated | Stable | One-year price volatility — 38.4% |
| Operating pressure | 37 | Normal | Worsening | Costs outgrowing revenue — -1.7 percentage points |
| Cash conversion | 57 | Elevated | Worsening | Capital spending against operating cash — 1.30x |
| Leverage and coverage | 27 | Normal | Easing | Net debt to EBITDA — 1.52x |
| Competitive position | 34 | Normal | Stable | Operating-margin gap against peers — +8.4 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.