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City DevelopmentsCDEVF -3.85%60 Degree of Operating Leverage is 3.43 as of Dec. 2025. GuruFocus rates CDEVF with a GF Score™ of 60/100 and a GF Value™ of $4.89 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,697 Real Estate companies, City Developments ranks worse than 76.96% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
City Developments's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was 3.43. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for City Developments's Degree of Operating Leverage or its related term are showing as below:
CDEVF's Degree of Operating Leverage is ranked worse than 76.96% of 1697
companies
in the Real Estate industry
Industry Median: 0.87
vs CDEVF: 3.43
City Developments (OTCPK:CDEVF) 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.
City Developments Degree of Operating Leverage Related Terms
City Developments Degree of Operating Leverage Historical Data
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The historical data trend for City Developments'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.
City Developments Degree of Operating Leverage Chart
City Developments Degree of Operating Leverage Competitor Comparison
For the Real Estate - Development subindustry, City Developments'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.
City Developments Degree of Operating Leverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, City Developments's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where City Developments'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 3.43 mean?
City Developments (CDEVF) has a Degree of Operating Leverage of 3.43 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 City Developments and its competitors. According to the industry distribution chart, City Developments ranks #1306 out of 1697 companies in the Real Estate industry, placing it in the top 77%.
Is City Developments' Degree of Operating Leverage too high?
City Developments' current Degree of Operating Leverage is 3.43. The Real Estate industry median Degree of Operating Leverage is 0.87. City Developments' value of 3.43 is 294.3% above this industry median. Based on the distribution chart, City Developments ranks #1306 out of 1697 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, City Developments has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does City Developments' Degree of Operating Leverage compare to competitors?
According to the Real Estate industry distribution chart, City Developments ranks #1306 out of 1697 companies for Degree of Operating Leverage. This places City Developments in the lower half of its industry. The industry median Degree of Operating Leverage is 0.87. City Developments' value of 3.43 is 294.3% 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 0.87, based on 1,697 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. City Developments's current Degree of Operating Leverage of 3.43 is 294.3% 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 City Developments and its competitors. For the Real Estate industry, the median Degree of Operating Leverage is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Developments's current Degree of Operating Leverage is 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Developments stock overvalued right now?
Based on GuruFocus' analysis, City Developments (CDEVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.89, compared to a current price of $6.49 — trading 32.7% above its estimated fair value. The current Degree of Operating Leverage is 3.43 and 294.3% above the Real Estate industry median of 0.87. City Developments' overall GF Score™ is 60/100 with 7 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 City Developments (CDEVF), the current Degree of Operating Leverage is 3.43 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 City Developments (CDEVF) Overvalued in 2026?
Based on GuruFocus' analysis, City Developments stock appears to be overvalued.
The current stock price of $6.49 is trading 32.7% above its estimated GF Value™ of $4.89.
GuruFocus considers City Developments to be Significantly Overvalued.
Key valuation signals for CDEVF:
Degree of Operating Leverage: 3.43
GF Value™: $4.89 vs. price of $6.49 (32.7% above fair value)
Industry Position: 294.3% above the Real Estate median (#1306 of 1697)
No single metric tells the full story. See the CDEVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.
60GF Score
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