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Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Progressive Planet Solutions's Degree of Operating Leverage for the quarter that ended in Apr. 2026 was 0.03. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Progressive Planet Solutions's Degree of Operating Leverage or its related term are showing as below:
ASHXF's Degree of Operating Leverage is ranked better than 66.58% of 748
companies
in the Metals & Mining industry
Industry Median: 1.23
vs ASHXF: 0.03
Progressive Planet Solutions (OTCPK:ASHXF) Degree of Operating Leverage Explanation
Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.
A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.
Be Aware
The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.
Progressive Planet Solutions Degree of Operating Leverage Related Terms
Progressive Planet Solutions Degree of Operating Leverage Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Progressive Planet Solutions Degree of Operating Leverage Chart
Progressive Planet Solutions Degree of Operating Leverage Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Progressive Planet Solutions Degree of Operating Leverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Progressive Planet Solutions's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Progressive Planet Solutions's Degree of Operating Leverage falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
What does a Degree of Operating Leverage of 0.03 mean?
Progressive Planet Solutions (ASHXF) has a Degree of Operating Leverage of 0.03 as of Apr. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Progressive Planet Solutions and its competitors. According to the industry distribution chart, Progressive Planet Solutions ranks #250 out of 748 companies in the Metals & Mining industry, placing it in the top 33.4%.
Is Progressive Planet Solutions' Degree of Operating Leverage too high?
Progressive Planet Solutions' current Degree of Operating Leverage is 0.03. The Metals & Mining industry median Degree of Operating Leverage is 1.23. Progressive Planet Solutions' value of 0.03 is 97.6% below this industry median. Based on the distribution chart, Progressive Planet Solutions ranks #250 out of 748 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Progressive Planet Solutions has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Planet Solutions' Degree of Operating Leverage compare to competitors?
According to the Metals & Mining industry distribution chart, Progressive Planet Solutions ranks #250 out of 748 companies for Degree of Operating Leverage. This puts Progressive Planet Solutions in the upper half of its industry. The industry median Degree of Operating Leverage is 1.23. Progressive Planet Solutions' value of 0.03 is 97.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Degree of Operating Leverage for a Metals & Mining company?
The median Degree of Operating Leverage among Metals & Mining companies is 1.23, based on 748 companies in the industry. Companies in the top quartile (top 25%) have a Degree of Operating Leverage significantly above this median, while those in the bottom quartile fall well below. However, Degree of Operating Leverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progressive Planet Solutions's current Degree of Operating Leverage of 0.03 is 97.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Degree of Operating Leverage mean?
A high Degree of Operating Leverage can signal that a stock is expensive relative to its fundamentals. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Progressive Planet Solutions and its competitors. For the Metals & Mining industry, the median Degree of Operating Leverage is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Planet Solutions's current Degree of Operating Leverage is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Planet Solutions stock overvalued right now?
Based on GuruFocus' analysis, Progressive Planet Solutions (ASHXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.15, compared to a current price of $0.24 — trading 60.8% above its estimated fair value. The current Degree of Operating Leverage is 0.03 and 97.6% below the Metals & Mining industry median of 1.23. Progressive Planet Solutions' overall GF Score™ is 38/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Degree of Operating Leverage calculated?
Degree of Operating Leverage is calculated from a company's financial statements. For Progressive Planet Solutions (ASHXF), the current Degree of Operating Leverage is 0.03 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Progressive Planet Solutions (ASHXF) Overvalued in 2026?
Based on GuruFocus' analysis, Progressive Planet Solutions stock appears to be overvalued.
The current stock price of $0.24 is trading 60.8% above its estimated GF Value™ of $0.15.
GuruFocus considers Progressive Planet Solutions to be Significantly Overvalued.
Key valuation signals for ASHXF:
Degree of Operating Leverage: 0.03
GF Value™: $0.15 vs. price of $0.24 (60.8% above fair value)
Industry Position: 97.6% below the Metals & Mining median (#250 of 748)
No single metric tells the full story. See the ASHXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.
38GF Score
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