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Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Thrace Plastics Holding and Commercial's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was 28.60. The higher Degree of Operating Leverage, the higher operating risk the company will take.
ATH:PLAT's Degree of Operating Leverage is ranked worse than 92.2% of 1038
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.085
vs ATH:PLAT: 28.60
Thrace Plastics Holding and Commercial (ATH:PLAT) 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.
Thrace Plastics Holding and Commercial Degree of Operating Leverage Related Terms
Thrace Plastics Holding and Commercial 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.
Thrace Plastics Holding and Commercial Degree of Operating Leverage Chart
Thrace Plastics Holding and Commercial Annual Data
Thrace Plastics Holding and Commercial Degree of Operating Leverage Competitor Comparison
For the Textile Manufacturing subindustry, Thrace Plastics Holding and Commercial'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.
Thrace Plastics Holding and Commercial Degree of Operating Leverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thrace Plastics Holding and Commercial's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Thrace Plastics Holding and Commercial'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 28.60 mean?
Thrace Plastics Holding and Commercial (ATH:PLAT) has a Degree of Operating Leverage of 28.60 as of Dec. 2025. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Thrace Plastics Holding and Commercial and its competitors. According to the industry distribution chart, Thrace Plastics Holding and Commercial ranks #957 out of 1038 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 92.2%.
Is Thrace Plastics Holding and Commercial's Degree of Operating Leverage too high?
Thrace Plastics Holding and Commercial's current Degree of Operating Leverage is 28.60. The Manufacturing - Apparel & Accessories industry median Degree of Operating Leverage is 1.09. Thrace Plastics Holding and Commercial's value of 28.60 is 2535.9% above this industry median. Based on the distribution chart, Thrace Plastics Holding and Commercial ranks #957 out of 1038 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Thrace Plastics Holding and Commercial has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thrace Plastics Holding and Commercial's Degree of Operating Leverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Thrace Plastics Holding and Commercial ranks #957 out of 1038 companies for Degree of Operating Leverage. This places Thrace Plastics Holding and Commercial in the lower half of its industry. The industry median Degree of Operating Leverage is 1.09. Thrace Plastics Holding and Commercial's value of 28.60 is 2535.9% 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 Manufacturing - Apparel & Accessories company?
The median Degree of Operating Leverage among Manufacturing - Apparel & Accessories companies is 1.09, 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. Thrace Plastics Holding and Commercial's current Degree of Operating Leverage of 28.60 is 2535.9% 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 Thrace Plastics Holding and Commercial and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Degree of Operating Leverage is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thrace Plastics Holding and Commercial's current Degree of Operating Leverage is 28.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thrace Plastics Holding and Commercial stock overvalued right now?
Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial (ATH:PLAT) is currently considered Fairly Valued. The stock's GF Value™ is €4.53, compared to a current price of €4.80 — trading 6% above its estimated fair value. The current Degree of Operating Leverage is 28.60 and 2535.9% above the Manufacturing - Apparel & Accessories industry median of 1.09. Thrace Plastics Holding and Commercial's overall GF Score™ is 81/100 with 11 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 Thrace Plastics Holding and Commercial (ATH:PLAT), the current Degree of Operating Leverage is 28.60 as of Dec. 2025. 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 Thrace Plastics Holding and Commercial (ATH:PLAT) Overvalued in 2026?
Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial stock appears to be overvalued.
The current stock price of €4.80 is trading 6% above its estimated GF Value™ of €4.53.
GuruFocus considers Thrace Plastics Holding and Commercial to be Fairly Valued.
Key valuation signals for ATH:PLAT:
Degree of Operating Leverage: 28.60
GF Value™: €4.53 vs. price of €4.80 (6% above fair value)
Industry Position: 2535.9% above the Manufacturing - Apparel & Accessories median (#957 of 1038)
No single metric tells the full story. See the ATH:PLAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thrace Plastics Holding and Commercial SA are engaged in the production and distribution of polypropylene products. The business segments of the company are the technical fabrics sector which is concerned with the production and trade of synthetic fabrics for industrial and technical uses; packaging sector which is concerned with production and trade of industrial products, including mainly bags and palletizing film for the packaging of fertilizers, fish feed, animal feed and chemical and inert materials; and Other, that includes agriculture sector. Geographically, the company generates majority of its revenue from European Union Countries.
81GF Score
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