Meliuz (BSP:CASH3) Degree of Operating Leverage : -4.97 (As of Jun. 2026)

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BSP:CASH3 Meliuz SA BSP:CASH3
67 GF Score
Price R$5.91
GF Value R$4.67
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Meliuz Degree of Operating Leverage?

Meliuz BSP:CASH3 +3.14% 67 Degree of Operating Leverage is -4.97 as of Jun. 2026. GuruFocus rates BSP:CASH3 with a GF Score™ of 67/100 and a GF Value™ of R$4.67 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 531 Interactive Media companies, Meliuz ranks better than 73.07% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Meliuz's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was -4.97. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

BSP:CASH3's Degree of Operating Leverage is ranked better than
73.07% of 531 companies
in the Interactive Media industry
Industry Median: 0.71 vs BSP:CASH3: -4.97

Meliuz  (BSP:CASH3) 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.


Meliuz Degree of Operating Leverage Related Terms


Meliuz Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for Meliuz'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.

Meliuz Degree of Operating Leverage Chart

Meliuz Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only -1.95 -0.35 -1.54 -15.64 3.79

Meliuz Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 169.49 29.91 3.79 -2.99 -4.97

BSP:CASH3 vs GOOGL, META, SPOT: Degree of Operating Leverage Comparison

For the Internet Content & Information subindustry, Meliuz'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.


Meliuz Degree of Operating Leverage vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meliuz's Degree of Operating Leverage distribution charts can be found below:

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


BSP:CASH3
67GF Score
Meliuz SA BSP:CASH3
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Meliuz Degree of Operating Leverage Calculation

Meliuz'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
=( -13.769 (Jun. 2026) / 45.974 (Jun. 2025) - 1 )/( 495.894 (Jun. 2026) / 393.184 (Jun. 2025) - 1 )
=-1.2995/0.2612
=-4.97***

* 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 -4.97 mean?
Meliuz (BSP:CASH3) has a Degree of Operating Leverage of -4.97 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 Meliuz and its competitors. According to the industry distribution chart, Meliuz ranks #143 out of 531 companies in the Interactive Media industry, placing it in the top 26.9%.
Is Meliuz's Degree of Operating Leverage too high?
Meliuz's current Degree of Operating Leverage is -4.97. Based on the distribution chart, Meliuz ranks #143 out of 531 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Meliuz has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meliuz's Degree of Operating Leverage compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Meliuz ranks #143 out of 531 companies for Degree of Operating Leverage. This puts Meliuz in the upper half of its industry. The industry median Degree of Operating Leverage is 0.71. 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 Interactive Media company?
The median Degree of Operating Leverage among Interactive Media companies is 0.71, based on 531 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 Meliuz and its competitors. For the Interactive Media industry, the median Degree of Operating Leverage is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meliuz's current Degree of Operating Leverage is -4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meliuz stock overvalued right now?
Based on GuruFocus' analysis, Meliuz (BSP:CASH3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$4.67, compared to a current price of R$5.91 — trading 26.6% above its estimated fair value. The current Degree of Operating Leverage is -4.97. Meliuz's overall GF Score™ is 67/100 with 5 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 Meliuz (BSP:CASH3), the current Degree of Operating Leverage is -4.97 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 Meliuz (BSP:CASH3) Overvalued in 2026?

Based on GuruFocus' analysis, Meliuz stock appears to be overvalued. The current stock price of R$5.91 is trading 26.6% above its estimated GF Value™ of R$4.67. GuruFocus considers Meliuz to be Modestly Overvalued.

Key valuation signals for BSP:CASH3:

  • Degree of Operating Leverage: -4.97
  • GF Value™: R$4.67 vs. price of R$5.91 (26.6% above fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the BSP:CASH3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meliuz Business Description

Address 6594, Avenue Do Contorno, Room 701, Belo Horizonte, BRA, 30110-044
Meliuz SA provides online discount coupons and cashback offers. The company provides cash rebates and even returns part of the amount spent on the purchases. The following are segments: The B2C - Brasil segment comprises the income of Meliuz, e-commerce, Gift Card, Recharge, Meliuz Invoice, digital account, credit card, and payments operations, and Promobit and Melhor Plano results. Segment B2C - International B2C is an international segment that comprises the results of Picodi's international operation.
67GF Score

Get the complete analysis for BSP:CASH3

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

R$5.91
Price
R$4.67
GF Value