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Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Avino Silver & Gold Mines's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 2.54. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Avino Silver & Gold Mines's Degree of Operating Leverage or its related term are showing as below:
ASM's Degree of Operating Leverage is ranked worse than 67.96% of 746
companies
in the Metals & Mining industry
Industry Median: 1.255
vs ASM: 2.54
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.
Avino Silver & Gold Mines Degree of Operating Leverage Related Terms
Avino Silver & Gold Mines Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Avino Silver & Gold Mines's Degree of Operating Leverage can be seen below:
* 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.
Avino Silver & Gold Mines Degree of Operating Leverage Chart
ASM vs HL: Degree of Operating Leverage Comparison
For the Other Precious Metals & Mining subindustry, Avino Silver & Gold Mines'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.
Avino Silver & Gold Mines Degree of Operating Leverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Avino Silver & Gold Mines's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Avino Silver & Gold Mines'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 2.54 mean?
Avino Silver & Gold Mines (ASM) has a Degree of Operating Leverage of 2.54 as of Jun. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Avino Silver & Gold Mines and its competitors. According to the industry distribution chart, Avino Silver & Gold Mines ranks #507 out of 746 companies in the Metals & Mining industry, placing it in the top 68%.
Is Avino Silver & Gold Mines' Degree of Operating Leverage too high?
Avino Silver & Gold Mines' current Degree of Operating Leverage is 2.54. The Metals & Mining industry median Degree of Operating Leverage is 1.26. Avino Silver & Gold Mines' value of 2.54 is 102.4% above this industry median. Based on the distribution chart, Avino Silver & Gold Mines ranks #507 out of 746 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Avino Silver & Gold Mines has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avino Silver & Gold Mines' Degree of Operating Leverage compare to HL?
According to the Metals & Mining industry distribution chart, Avino Silver & Gold Mines ranks #507 out of 746 companies for Degree of Operating Leverage. This places Avino Silver & Gold Mines in the lower half of its industry. The industry median Degree of Operating Leverage is 1.26. Avino Silver & Gold Mines' value of 2.54 is 102.4% above 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 1.26, based on 746 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. Avino Silver & Gold Mines's current Degree of Operating Leverage of 2.54 is 102.4% above 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 Avino Silver & Gold Mines and its competitors. For the Metals & Mining industry, the median Degree of Operating Leverage is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avino Silver & Gold Mines's current Degree of Operating Leverage is 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avino Silver & Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Avino Silver & Gold Mines (ASM) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.29, compared to a current price of $7.36 — trading 221.4% above its estimated fair value. The current Degree of Operating Leverage is 2.54 and 102.4% above the Metals & Mining industry median of 1.26. Avino Silver & Gold Mines' overall GF Score™ is 78/100 with 1 warning sign 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 Avino Silver & Gold Mines (ASM), the current Degree of Operating Leverage is 2.54 as of Jun. 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 Avino Silver & Gold Mines (ASM) Overvalued in 2026?
Based on GuruFocus' analysis, Avino Silver & Gold Mines stock appears to be overvalued.
The current stock price of $7.36 is trading 221.4% above its estimated GF Value™ of $2.29.
GuruFocus considers Avino Silver & Gold Mines to be Significantly Overvalued.
Key valuation signals for ASM:
Degree of Operating Leverage: 2.54
GF Value™: $2.29 vs. price of $7.36 (221.4% above fair value)
Industry Position: 102.4% above the Metals & Mining median (#507 of 746)
No single metric tells the full story. See the ASM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The company generates majority of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.
78GF Score
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