Spectur (ASX:SP3) Degree of Operating Leverage : -3.40 (As of Jun. 2026)

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What is Spectur Degree of Operating Leverage?

Spectur ASX:SP3 Degree of Operating Leverage is -3.40 as of Jun. 2026. The stock has 3 warning signs investors should review. Among 1,038 Business Services companies, Spectur ranks better than 80.44% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Spectur's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was -3.40. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Spectur's Degree of Operating Leverage or its related term are showing as below:

ASX:SP3's Degree of Operating Leverage is ranked better than
80.44% of 1038 companies
in the Business Services industry
Industry Median: 1.12 vs ASX:SP3: -3.40

Spectur  (ASX:SP3) 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.


Spectur Degree of Operating Leverage Related Terms


Spectur Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for Spectur'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.

Spectur Degree of Operating Leverage Chart

Spectur Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 1.73 -0.59 -9.20 -3.77

Spectur Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.59 -2.91 -9.20 13.89 -3.77

ASX:SP3 vs ALLE, MSA, ADT: Degree of Operating Leverage Comparison

For the Security & Protection Services subindustry, Spectur'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.


Spectur Degree of Operating Leverage vs Business Services Industry

For the Business Services industry and Industrials sector, Spectur's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Spectur's Degree of Operating Leverage falls into.



Spectur Degree of Operating Leverage Calculation

Spectur's Degree of Operating Leverage for the quarter that ended in Jun. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -1.644504 (Jun. 2026) / -1.205232 (Jun. 2025) - 1 )/( 7.865967 (Jun. 2026) / 8.707477 (Jun. 2025) - 1 )
=0.3645/-0.0966
=-3.77***

* 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 -3.40 mean?
Spectur (ASX:SP3) has a Degree of Operating Leverage of -3.40 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 Spectur and its competitors. According to the industry distribution chart, Spectur ranks #203 out of 1038 companies in the Business Services industry, placing it in the top 19.6%.
Is Spectur's Degree of Operating Leverage too high?
Spectur's current Degree of Operating Leverage is -3.40. Based on the distribution chart, Spectur ranks #203 out of 1038 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does Spectur's Degree of Operating Leverage compare to ALLE and MSA?
According to the Business Services industry distribution chart, Spectur ranks #203 out of 1038 companies for Degree of Operating Leverage. This places Spectur in the top 20% of its industry — outperforming the majority of peers. The industry median Degree of Operating Leverage is 1.12. 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 Business Services company?
The median Degree of Operating Leverage among Business Services companies is 1.12, based on 1,038 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 Spectur and its competitors. For the Business Services industry, the median Degree of Operating Leverage is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectur's current Degree of Operating Leverage is -3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectur stock overvalued right now?
Based on GuruFocus' analysis, Spectur (ASX:SP3) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.01 — trading 20% below its estimated fair value. The current Degree of Operating Leverage is -3.40. 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 Spectur (ASX:SP3), the current Degree of Operating Leverage is -3.40 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.

Spectur Business Description

Address 12 Fargo Way, Welshpool, WA, AUS, 6106
Spectur Ltd provides security, environmental monitoring, and visual AI solutions to create safer, smarter, and more sustainable communities. The company designs and manufactures solar-powered, remotely connected hardware integrated with proprietary firmware, software, cloud, and web applications, delivering reliable service across Australia and New Zealand. Supported by an in-house customer service team, Spectur offers warehousing, installation, repair, and maintenance. Its platforms focus on remote solar sensing, thinking, and acting, complemented by select third-party hardware and software. Key areas include data collection, reporting, emergency warning, and security surveillance.