Sao Carlos Empreend E Participacoes (BSP:SCAR3) Degree of Operating Leverage : 2.60 (As of Jun. 2026)

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BSP:SCAR3 Sao Carlos Empreend E Participacoes SA BSP:SCAR3
57 GF Score
Price R$12.46
GF Value R$8.37
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Sao Carlos Empreend E Participacoes Degree of Operating Leverage?

Sao Carlos Empreend E Participacoes BSP:SCAR3 -1.18% 57 Degree of Operating Leverage is 2.60 as of Jun. 2026. GuruFocus rates BSP:SCAR3 with a GF Score™ of 57/100 and a GF Value™ of R$8.37 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,709 Real Estate companies, Sao Carlos Empreend E Participacoes ranks worse than 73.61% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Sao Carlos Empreend E Participacoes's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 2.60. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Sao Carlos Empreend E Participacoes's Degree of Operating Leverage or its related term are showing as below:

BSP:SCAR3's Degree of Operating Leverage is ranked worse than
73.61% of 1709 companies
in the Real Estate industry
Industry Median: 0.81 vs BSP:SCAR3: 2.60

Sao Carlos Empreend E Participacoes  (BSP:SCAR3) 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.


Sao Carlos Empreend E Participacoes Degree of Operating Leverage Related Terms


Sao Carlos Empreend E Participacoes Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for Sao Carlos Empreend E Participacoes'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.

Sao Carlos Empreend E Participacoes Degree of Operating Leverage Chart

Sao Carlos Empreend E Participacoes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 0.10 0.93 1.17 0.13

Sao Carlos Empreend E Participacoes 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 1.13 1.14 0.13 0.44 0.14

BSP:SCAR3 vs CBRE, BEKE, JLL: Degree of Operating Leverage Comparison

For the Real Estate Services subindustry, Sao Carlos Empreend E Participacoes'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.


Sao Carlos Empreend E Participacoes Degree of Operating Leverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sao Carlos Empreend E Participacoes's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Sao Carlos Empreend E Participacoes's Degree of Operating Leverage falls into.


BSP:SCAR3
57GF Score
Sao Carlos Empreend E Participacoes SA BSP:SCAR3
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sao Carlos Empreend E Participacoes Degree of Operating Leverage Calculation

Sao Carlos Empreend E Participacoes'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
=( 125.626 (Jun. 2026) / 132.087 (Jun. 2025) - 1 )/( 266.996 (Jun. 2026) / 409.074 (Jun. 2025) - 1 )
=-0.0489/-0.3473
=0.14***

* 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 2.60 mean?
Sao Carlos Empreend E Participacoes (BSP:SCAR3) has a Degree of Operating Leverage of 2.60 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 Sao Carlos Empreend E Participacoes and its competitors. According to the industry distribution chart, Sao Carlos Empreend E Participacoes ranks #1258 out of 1709 companies in the Real Estate industry, placing it in the top 73.6%.
Is Sao Carlos Empreend E Participacoes' Degree of Operating Leverage too high?
Sao Carlos Empreend E Participacoes' current Degree of Operating Leverage is 2.60. The Real Estate industry median Degree of Operating Leverage is 0.81. Sao Carlos Empreend E Participacoes' value of 2.60 is 221% above this industry median. Based on the distribution chart, Sao Carlos Empreend E Participacoes ranks #1258 out of 1709 companies in the Real Estate industry, which is below the industry midpoint. Overall, Sao Carlos Empreend E Participacoes has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sao Carlos Empreend E Participacoes' Degree of Operating Leverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Sao Carlos Empreend E Participacoes ranks #1258 out of 1709 companies for Degree of Operating Leverage. This places Sao Carlos Empreend E Participacoes in the lower half of its industry. The industry median Degree of Operating Leverage is 0.81. Sao Carlos Empreend E Participacoes' value of 2.60 is 221% 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 Real Estate company?
The median Degree of Operating Leverage among Real Estate companies is 0.81, based on 1,709 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. Sao Carlos Empreend E Participacoes's current Degree of Operating Leverage of 2.60 is 221% 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 Sao Carlos Empreend E Participacoes and its competitors. For the Real Estate industry, the median Degree of Operating Leverage is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sao Carlos Empreend E Participacoes's current Degree of Operating Leverage is 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Carlos Empreend E Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Sao Carlos Empreend E Participacoes (BSP:SCAR3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$8.37, compared to a current price of R$12.46 — trading 48.9% above its estimated fair value. The current Degree of Operating Leverage is 2.60 and 221% above the Real Estate industry median of 0.81. Sao Carlos Empreend E Participacoes' overall GF Score™ is 57/100 with 6 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 Sao Carlos Empreend E Participacoes (BSP:SCAR3), the current Degree of Operating Leverage is 2.60 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 Sao Carlos Empreend E Participacoes (BSP:SCAR3) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Carlos Empreend E Participacoes stock appears to be overvalued. The current stock price of R$12.46 is trading 48.9% above its estimated GF Value™ of R$8.37. GuruFocus considers Sao Carlos Empreend E Participacoes to be Significantly Overvalued.

Key valuation signals for BSP:SCAR3:

  • Degree of Operating Leverage: 2.60
  • GF Value™: R$8.37 vs. price of R$12.46 (48.9% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 221% above the Real Estate median (#1258 of 1709)

No single metric tells the full story. See the BSP:SCAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sao Carlos Empreend E Participacoes Business Description

Address 153, Rua Dr. Eduardo de Souza Aranha, 12th Floor, Vila Nova Conceicao, Sao Paulo, SP, BRA, 4543904
Sao Carlos Empreend E Participacoes SA is a commercial real estate investment companies in Brazil. It is primarily involved in the management of own or third-party real estate projects, including shopping malls; purchase and sale of completed or under construction residential and office properties, land or undivided interests in the properties; property leasing; operation of short-term parking lots and others. Geographically, the group owns and operates a portfolio of high-rise office buildings and convenience centers in Sao Paulo and Rio de Janeiro. The company recognizes revenue from the sale of properties.
57GF Score

Get the complete analysis for BSP:SCAR3

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

R$12.46
Price
R$8.37
GF Value