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TPC Power Holding PCLBKK:TPCH-R 55 Degree of Operating Leverage is 37.81 as of Jun. 2026. GuruFocus rates BKK:TPCH-R with a GF Score™ of 55/100 and a GF Value™ of ฿4.74 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 409 Utilities - Independent Power Producers companies, TPC Power Holding PCL ranks worse than 94.87% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
TPC Power Holding PCL's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 37.81. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for TPC Power Holding PCL's Degree of Operating Leverage or its related term are showing as below:
BKK:TPCH-R's Degree of Operating Leverage is ranked worse than 94.87% of 409
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.93
vs BKK:TPCH-R: 37.81
TPC Power Holding PCL (BKK:TPCH-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.
TPC Power Holding PCL Degree of Operating Leverage Related Terms
TPC Power Holding PCL Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for TPC Power Holding 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.
TPC Power Holding PCL Degree of Operating Leverage Chart
TPC Power Holding PCL Degree of Operating Leverage Competitor Comparison
For the Utilities - Renewable subindustry, TPC Power Holding 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.
TPC Power Holding PCL Degree of Operating Leverage vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, TPC Power Holding PCL's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where TPC Power Holding 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 37.81 mean?
TPC Power Holding PCL (BKK:TPCH-R) has a Degree of Operating Leverage of 37.81 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 TPC Power Holding PCL and its competitors. According to the industry distribution chart, TPC Power Holding PCL ranks #388 out of 409 companies in the Utilities - Independent Power Producers industry, placing it in the top 94.9%.
Is TPC Power Holding PCL's Degree of Operating Leverage too high?
TPC Power Holding PCL's current Degree of Operating Leverage is 37.81. The Utilities - Independent Power Producers industry median Degree of Operating Leverage is 0.93. TPC Power Holding PCL's value of 37.81 is 3965.6% above this industry median. Based on the distribution chart, TPC Power Holding PCL ranks #388 out of 409 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, TPC Power Holding PCL has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TPC Power Holding PCL's Degree of Operating Leverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, TPC Power Holding PCL ranks #388 out of 409 companies for Degree of Operating Leverage. This places TPC Power Holding PCL in the lower half of its industry. The industry median Degree of Operating Leverage is 0.93. TPC Power Holding PCL's value of 37.81 is 3965.6% 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 an Utilities - Independent Power Producers company?
The median Degree of Operating Leverage among Utilities - Independent Power Producers companies is 0.93, based on 409 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. TPC Power Holding PCL's current Degree of Operating Leverage of 37.81 is 3965.6% 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 TPC Power Holding PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Degree of Operating Leverage is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPC Power Holding PCL's current Degree of Operating Leverage is 37.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPC Power Holding PCL stock overvalued right now?
Based on GuruFocus' analysis, TPC Power Holding PCL (BKK:TPCH-R) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4.74, compared to a current price of ฿0.99 — trading 79.1% below its estimated fair value. The current Degree of Operating Leverage is 37.81 and 3965.6% above the Utilities - Independent Power Producers industry median of 0.93. TPC Power Holding PCL's overall GF Score™ is 55/100 with 4 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 TPC Power Holding PCL (BKK:TPCH-R), the current Degree of Operating Leverage is 37.81 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 TPC Power Holding PCL (BKK:TPCH-R) Overvalued in 2026?
Based on GuruFocus' analysis, TPC Power Holding PCL stock appears to be undervalued.
The current stock price of ฿0.99 is trading 79.1% below its estimated GF Value™ of ฿4.74.
GuruFocus considers TPC Power Holding PCL to be Possible Value Trap.
Key valuation signals for BKK:TPCH-R:
Degree of Operating Leverage: 37.81
GF Value™: ฿4.74 vs. price of ฿0.99 (79.1% below fair value)
Industry Position: 3965.6% above the Utilities - Independent Power Producers median (#388 of 409)
No single metric tells the full story. See the BKK:TPCH-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPC Power Holding PCL, along with its subsidiaries, is engaged in the business of generating and distributing electricity from various types of renewable energy sources and providing related support services. Its projects consist of the biomass power plant and other renewable power plants. The company operates in two divisions: Sale of electricity current and Sale of biogas. The majority of its revenue is generated from the sale of electricity current.
55GF Score
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