Net Digital AG risk profile
19 Contained slack in every measured input
Measured 1 September 2026 from VRL's filed statements. Recomputed nightly.
19 (Contained), driven by Cash conversion at 59, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 49 | Elevated | Volatile | One-year price volatility — 55.4% |
| Operating pressure | 7 | Contained | Easing | Operating-margin drift — +10.0 percentage points |
| Cash conversion | 59 | Elevated | Easing | Cash conversion — 0.34x |
| Leverage and coverage | 9 | Contained | Stable | Current ratio — 1.75x |
| Competitive position | 10 | Contained | Stable | Operating-margin gap against peers — +16.0 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.