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Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
M.K. Real Estate Development PCL's Degree of Operating Leverage for the quarter that ended in Mar. 2026 was -0.79. The higher Degree of Operating Leverage, the higher operating risk the company will take.
BKK:MK-R's Degree of Operating Leverage is ranked better than 73.62% of 1698
companies
in the Real Estate industry
Industry Median: 0.89
vs BKK:MK-R: -0.79
M.K. Real Estate Development PCL (BKK:MK-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.
M.K. Real Estate Development PCL Degree of Operating Leverage Related Terms
M.K. Real Estate Development PCL 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.
M.K. Real Estate Development PCL Degree of Operating Leverage Chart
M.K. Real Estate Development PCL Degree of Operating Leverage Competitor Comparison
For the Real Estate - Development subindustry, M.K. Real Estate Development 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.
M.K. Real Estate Development PCL Degree of Operating Leverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, M.K. Real Estate Development PCL's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where M.K. Real Estate Development PCL'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 -0.79 mean?
M.K. Real Estate Development PCL (BKK:MK-R) has a Degree of Operating Leverage of -0.79 as of Mar. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for M.K. Real Estate Development PCL and its competitors. According to the industry distribution chart, M.K. Real Estate Development PCL ranks #448 out of 1698 companies in the Real Estate industry, placing it in the top 26.4%.
Is M.K. Real Estate Development PCL's Degree of Operating Leverage too high?
M.K. Real Estate Development PCL's current Degree of Operating Leverage is -0.79. Based on the distribution chart, M.K. Real Estate Development PCL ranks #448 out of 1698 companies in the Real Estate industry, which is above the industry midpoint. Overall, M.K. Real Estate Development PCL has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does M.K. Real Estate Development PCL's Degree of Operating Leverage compare to competitors?
According to the Real Estate industry distribution chart, M.K. Real Estate Development PCL ranks #448 out of 1698 companies for Degree of Operating Leverage. This puts M.K. Real Estate Development PCL in the upper half of its industry. The industry median Degree of Operating Leverage is 0.89. 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 Real Estate company?
The median Degree of Operating Leverage among Real Estate companies is 0.89, based on 1,698 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 M.K. Real Estate Development PCL and its competitors. For the Real Estate industry, the median Degree of Operating Leverage is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M.K. Real Estate Development PCL's current Degree of Operating Leverage is -0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.K. Real Estate Development PCL stock overvalued right now?
M.K. Real Estate Development PCL (BKK:MK-R) has a current Degree of Operating Leverage of -0.79. The stock's GF Value™ is ฿3.20, compared to a current price of ฿2.76 — trading 13.9% below its estimated fair value. The current Degree of Operating Leverage is -0.79. M.K. Real Estate Development PCL's overall GF Score™ is 11/100 with 8 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 M.K. Real Estate Development PCL (BKK:MK-R), the current Degree of Operating Leverage is -0.79 as of Mar. 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 M.K. Real Estate Development PCL (BKK:MK-R) Overvalued in 2026?
Based on GuruFocus' analysis, M.K. Real Estate Development PCL stock appears to be undervalued.
The current stock price of ฿2.76 is trading 13.9% below its estimated GF Value™ of ฿3.20.
Key valuation signals for BKK:MK-R:
Degree of Operating Leverage: -0.79
GF Value™: ฿3.20 vs. price of ฿2.76 (13.9% below fair value)
No single metric tells the full story. See the BKK:MK-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M.K. Real Estate Development PCL Business Description
M.K. Real Estate Development PCL is a Thailand-based real estate developer. The principal activities of the Group are property development for sale including land, land and house, construction for the Company's own projects, land and building rental, and a health and wellness center. The group has four reportable segments: Real estate; Rental warehouse, factory, and others; Property management; Health and wellness center. The majority of revenue is from rental warehouses, factory, and others. The Group is mainly managed and operates principally in Thailand. There are no revenues derived from foreign countries.
11GF Score
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