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Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Societe Nationale d'Electrolyse et de Petrochimie's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was 47.02. The higher Degree of Operating Leverage, the higher operating risk the company will take.
Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) 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.
Societe Nationale d'Electrolyse et de Petrochimie Degree of Operating Leverage Related Terms
Societe Nationale d'Electrolyse et de Petrochimie 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.
Societe Nationale d'Electrolyse et de Petrochimie Degree of Operating Leverage Chart
Societe Nationale d'Electrolyse et de Petrochimie Annual Data
CAS:SNP vs LIN, SHW, ECL: Degree of Operating Leverage Comparison
For the Specialty Chemicals subindustry, Societe Nationale d'Electrolyse et de Petrochimie'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.
Societe Nationale d'Electrolyse et de Petrochimie Degree of Operating Leverage vs Chemicals Industry
* 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 47.02 mean?
Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) has a Degree of Operating Leverage of 47.02 as of Dec. 2025. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Societe Nationale d'Electrolyse et de Petrochimie and its competitors. According to the industry distribution chart, Societe Nationale d'Electrolyse et de Petrochimie ranks #1471 out of 1560 companies in the Chemicals industry, placing it in the top 94.3%.
Is Societe Nationale d'Electrolyse et de Petrochimie's Degree of Operating Leverage too high?
Societe Nationale d'Electrolyse et de Petrochimie's current Degree of Operating Leverage is 47.02. The Chemicals industry median Degree of Operating Leverage is 1.26. Societe Nationale d'Electrolyse et de Petrochimie's value of 47.02 is 3631.7% above this industry median. Based on the distribution chart, Societe Nationale d'Electrolyse et de Petrochimie ranks #1471 out of 1560 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Societe Nationale d'Electrolyse et de Petrochimie has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Societe Nationale d'Electrolyse et de Petrochimie's Degree of Operating Leverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Societe Nationale d'Electrolyse et de Petrochimie ranks #1471 out of 1560 companies for Degree of Operating Leverage. This places Societe Nationale d'Electrolyse et de Petrochimie in the lower half of its industry. The industry median Degree of Operating Leverage is 1.26. Societe Nationale d'Electrolyse et de Petrochimie's value of 47.02 is 3631.7% 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 Chemicals company?
The median Degree of Operating Leverage among Chemicals companies is 1.26, based on 1,560 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. Societe Nationale d'Electrolyse et de Petrochimie's current Degree of Operating Leverage of 47.02 is 3631.7% 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 Societe Nationale d'Electrolyse et de Petrochimie and its competitors. For the Chemicals industry, the median Degree of Operating Leverage is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Societe Nationale d'Electrolyse et de Petrochimie's current Degree of Operating Leverage is 47.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe Nationale d'Electrolyse et de Petrochimie stock overvalued right now?
Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD463.95, compared to a current price of MAD355.50 — trading 23.4% below its estimated fair value. The current Degree of Operating Leverage is 47.02 and 3631.7% above the Chemicals industry median of 1.26. Societe Nationale d'Electrolyse et de Petrochimie'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 Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP), the current Degree of Operating Leverage is 47.02 as of Dec. 2025. 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 Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Overvalued in 2026?
Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie stock appears to be undervalued.
The current stock price of MAD355.50 is trading 23.4% below its estimated GF Value™ of MAD463.95.
GuruFocus considers Societe Nationale d'Electrolyse et de Petrochimie to be Modestly Undervalued.
Key valuation signals for CAS:SNP:
Degree of Operating Leverage: 47.02
GF Value™: MAD463.95 vs. price of MAD355.50 (23.4% below fair value)
Industry Position: 3631.7% above the Chemicals median (#1471 of 1560)
No single metric tells the full story. See the CAS:SNP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Societe Nationale d'Electrolyse et de Petrochimie manufactures vinyl products (PVC and Compound PVC) and products resulting from electrolysis (Soda, Chlorine, Bleach) and Hydrochloric Acid. The company ioffers its products to BTP, Irrigation, Drinking water supply and sanitation, Detergency and domestic and industrial hygiene, Water treatment, and Food industry.
55GF Score
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