Khon Kaen Sugar Industry PCL (BKK:KSL-R) Degree of Operating Leverage : 50.84 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:KSL-R Khon Kaen Sugar Industry PCL BKK:KSL-R
63 GF Score
Price ฿1.84
GF Value ฿2.25
Valuation Modestly Undervalued
! 13 Warning Signs
View Full Analysis

What is Khon Kaen Sugar Industry PCL Degree of Operating Leverage?

Khon Kaen Sugar Industry PCL BKK:KSL-R 63 Degree of Operating Leverage is 50.84 as of Apr. 2026. GuruFocus rates BKK:KSL-R with a GF Score™ of 63/100 and a GF Value™ of ฿2.25 (Modestly Undervalued). The stock has 13 warning signs investors should review. Among 1,913 Consumer Packaged Goods companies, Khon Kaen Sugar Industry PCL ranks worse than 95.24% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Khon Kaen Sugar Industry PCL's Degree of Operating Leverage for the quarter that ended in Apr. 2026 was 50.84. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Khon Kaen Sugar Industry PCL's Degree of Operating Leverage or its related term are showing as below:

BKK:KSL-R's Degree of Operating Leverage is ranked worse than
95.24% of 1913 companies
in the Consumer Packaged Goods industry
Industry Median: 1.04 vs BKK:KSL-R: 50.84

Khon Kaen Sugar Industry PCL  (BKK:KSL-R) 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.


Khon Kaen Sugar Industry PCL Degree of Operating Leverage Related Terms


Khon Kaen Sugar Industry PCL Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for Khon Kaen Sugar Industry PCL'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.

Khon Kaen Sugar Industry PCL Degree of Operating Leverage Chart

Khon Kaen Sugar Industry PCL Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.60 1.61 -2.16 -0.86 28.50

Khon Kaen Sugar Industry PCL Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -21.81 21.17 28.50 10.03 50.84

BKK:KSL-R vs MDLZ, HSY, TR: Degree of Operating Leverage Comparison

For the Confectioners subindustry, Khon Kaen Sugar Industry PCL'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.


Khon Kaen Sugar Industry PCL Degree of Operating Leverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Khon Kaen Sugar Industry PCL's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Khon Kaen Sugar Industry PCL's Degree of Operating Leverage falls into.


BKK:KSL-R
63GF Score
Khon Kaen Sugar Industry PCL BKK:KSL-R
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Khon Kaen Sugar Industry PCL Degree of Operating Leverage Calculation

Khon Kaen Sugar Industry PCL's Degree of Operating Leverage for the quarter that ended in Apr. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 201.009 (Apr. 2026) / 1000.946 (Apr. 2025) - 1 )/( 15991.898 (Apr. 2026) / 16247.278 (Apr. 2025) - 1 )
=-0.7992/-0.0157
=50.84***

* 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 50.84 mean?
Khon Kaen Sugar Industry PCL (BKK:KSL-R) has a Degree of Operating Leverage of 50.84 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 Khon Kaen Sugar Industry PCL and its competitors. According to the industry distribution chart, Khon Kaen Sugar Industry PCL ranks #1822 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 95.2%.
Is Khon Kaen Sugar Industry PCL's Degree of Operating Leverage too high?
Khon Kaen Sugar Industry PCL's current Degree of Operating Leverage is 50.84. The Consumer Packaged Goods industry median Degree of Operating Leverage is 1.04. Khon Kaen Sugar Industry PCL's value of 50.84 is 4788.5% above this industry median. Based on the distribution chart, Khon Kaen Sugar Industry PCL ranks #1822 out of 1913 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Khon Kaen Sugar Industry PCL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Khon Kaen Sugar Industry PCL's Degree of Operating Leverage compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Khon Kaen Sugar Industry PCL ranks #1822 out of 1913 companies for Degree of Operating Leverage. This places Khon Kaen Sugar Industry PCL in the lower half of its industry. The industry median Degree of Operating Leverage is 1.04. Khon Kaen Sugar Industry PCL's value of 50.84 is 4788.5% 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 Consumer Packaged Goods company?
The median Degree of Operating Leverage among Consumer Packaged Goods companies is 1.04, based on 1,913 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. Khon Kaen Sugar Industry PCL's current Degree of Operating Leverage of 50.84 is 4788.5% 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 Khon Kaen Sugar Industry PCL and its competitors. For the Consumer Packaged Goods industry, the median Degree of Operating Leverage is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khon Kaen Sugar Industry PCL's current Degree of Operating Leverage is 50.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khon Kaen Sugar Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Khon Kaen Sugar Industry PCL (BKK:KSL-R) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.25, compared to a current price of ฿1.84 — trading 18.1% below its estimated fair value. The current Degree of Operating Leverage is 50.84 and 4788.5% above the Consumer Packaged Goods industry median of 1.04. Khon Kaen Sugar Industry PCL's overall GF Score™ is 63/100 with 13 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 Khon Kaen Sugar Industry PCL (BKK:KSL-R), the current Degree of Operating Leverage is 50.84 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 Khon Kaen Sugar Industry PCL (BKK:KSL-R) Overvalued in 2026?

Based on GuruFocus' analysis, Khon Kaen Sugar Industry PCL stock appears to be undervalued. The current stock price of ฿1.84 is trading 18.1% below its estimated GF Value™ of ฿2.25. GuruFocus considers Khon Kaen Sugar Industry PCL to be Modestly Undervalued.

Key valuation signals for BKK:KSL-R:

  • Degree of Operating Leverage: 50.84
  • GF Value™: ฿2.25 vs. price of ฿1.84 (18.1% below fair value)
  • GF Score™: 63/100 with 13 warning signs
  • Industry Position: 4788.5% above the Consumer Packaged Goods median (#1822 of 1913)

No single metric tells the full story. See the BKK:KSL-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Khon Kaen Sugar Industry PCL Business Description

Other Exchanges KSL:Thailand
Address Sriayudahya Road, No. 503 K.S.L. Tower, 9th Floor, Thanon Phaya Thai Sub-District, Ratchathewi District, Bangkok, THA, 10400
Khon Kaen Sugar Industry PCL manufactures and distributes sugar and molasses in Thailand. It also sells the byproducts of its sugar production, including ethanol, which it sells to oil companies, and electricity, which it sells to the Electricity Generating Authority of Thailand (EGAT), a monopoly in Thailand's electrical energy market and the country's primary power producer. The company has three operating segments - Manufacture and Distribution of Sugar and Molasses, Manufacture and Sale of Electricity, and Real Estate Rental. The company generates the majority of its revenue from the Manufacture and Distribution of Sugar and Molasses. In addition to Thailand, the company sells its products in Laos and Cambodia.
63GF Score

Get the complete analysis for BKK:KSL-R

Degree of Operating Leverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.84
Price
฿2.25
GF Value