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FSA GroupASX:FSA 36 Degree of Operating Leverage is -0.16 as of Jun. 2026. GuruFocus rates ASX:FSA with a GF Score™ of 36/100 and a GF Value™ of A$0.06 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 405 Credit Services companies, FSA Group ranks better than 70.86% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
FSA Group's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was -0.16. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for FSA Group's Degree of Operating Leverage or its related term are showing as below:
ASX:FSA's Degree of Operating Leverage is ranked better than 70.86% of 405
companies
in the Credit Services industry
Industry Median: 1.15
vs ASX:FSA: -0.16
FSA Group (ASX:FSA) 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.
FSA Group Degree of Operating Leverage Related Terms
FSA Group Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for FSA Group'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.
ASX:FSA vs V, MA, AXP: Degree of Operating Leverage Comparison
For the Credit Services subindustry, FSA Group'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.
FSA Group Degree of Operating Leverage vs Credit Services Industry
For the Credit Services industry and Financial Services sector, FSA Group's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where FSA Group'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 -0.16 mean?
FSA Group (ASX:FSA) has a Degree of Operating Leverage of -0.16 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 FSA Group and its competitors. According to the industry distribution chart, FSA Group ranks #118 out of 405 companies in the Credit Services industry, placing it in the top 29.1%.
Is FSA Group's Degree of Operating Leverage too high?
FSA Group's current Degree of Operating Leverage is -0.16. Based on the distribution chart, FSA Group ranks #118 out of 405 companies in the Credit Services industry, which is above the industry midpoint. Overall, FSA Group has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FSA Group's Degree of Operating Leverage compare to V and MA?
According to the Credit Services industry distribution chart, FSA Group ranks #118 out of 405 companies for Degree of Operating Leverage. This puts FSA Group in the upper half of its industry. The industry median Degree of Operating Leverage is 1.15. 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 Credit Services company?
The median Degree of Operating Leverage among Credit Services companies is 1.15, based on 405 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. 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 FSA Group and its competitors. For the Credit Services industry, the median Degree of Operating Leverage is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSA Group's current Degree of Operating Leverage is -0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSA Group stock overvalued right now?
Based on GuruFocus' analysis, FSA Group (ASX:FSA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.06, compared to a current price of A$1.26 — trading 2000% above its estimated fair value. The current Degree of Operating Leverage is -0.16. FSA Group's overall GF Score™ is 36/100 with 10 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 FSA Group (ASX:FSA), the current Degree of Operating Leverage is -0.16 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 FSA Group (ASX:FSA) Overvalued in 2026?
Based on GuruFocus' analysis, FSA Group stock appears to be overvalued.
The current stock price of A$1.26 is trading 2000% above its estimated GF Value™ of A$0.06.
GuruFocus considers FSA Group to be Significantly Overvalued.
Key valuation signals for ASX:FSA:
Degree of Operating Leverage: -0.16
GF Value™: A$0.06 vs. price of A$1.26 (2000% above fair value)
No single metric tells the full story. See the ASX:FSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FSA Group Ltd is an Australian company that provides credit services. It offers debt solutions and direct lending services to individuals and businesses. The company has divided its business into Home Loans and Asset Finance and Personal Loans and Others. The Home Loans and Asset Finance segment offers home loans to assist clients wishing to purchase a property or consolidate their debt, as well as asset finance for SMEs wishing to purchase a vehicle and business-critical equipment. Personal Loans offer car loans to assist clients in purchasing a motor vehicle and unsecured personal loans for any approved purpose. The company generates the majority of its revenue from Home Loans and Asset Finance.
36GF Score
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