CoinShares International (CHIX:CSS) Degree of Operating Leverage : -4.12 (As of Dec. 2025)


CHIX:CSS CoinShares International Ltd CHIX:CSS
71 GF Score
Price kr76.55
GF Value kr252.54
! 6 Warning Signs
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What is CoinShares International Degree of Operating Leverage?

CoinShares International CHIX:CSS 71 Degree of Operating Leverage is -4.12 as of Dec. 2025. GuruFocus rates CHIX:CSS with a GF Score™ of 71/100 and a GF Value™ of kr252.54. The stock has 6 warning signs investors should review. Among 645 Capital Markets companies, CoinShares International ranks better than 85.89% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. CoinShares International's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was -4.12. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

CHIX:CSs's Degree of Operating Leverage is ranked better than
85.89% of 645 companies
in the Capital Markets industry
Industry Median: 0.98 vs CHIX:CSs: -4.12

CoinShares International  (CHIX:CSs) 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.


CoinShares International Degree of Operating Leverage Related Terms


CoinShares International Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for CoinShares International'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.

CoinShares International Degree of Operating Leverage Chart

CoinShares International Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Degree of Operating Leverage
Get a 7-Day Free Trial 0.21 2.78 -2.63 1.26 -4.12

CoinShares International Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25
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 -0.98 1.26 0.29 -0.01 -4.12

CHIX:CSS vs GEMI, CNCK, BTGO: Degree of Operating Leverage Comparison

For the Capital Markets subindustry, CoinShares International'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.


CoinShares International Degree of Operating Leverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CoinShares International's Degree of Operating Leverage distribution charts can be found below:

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


CHIX:CSS
71GF Score
CoinShares International Ltd CHIX:CSS
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
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CoinShares International Degree of Operating Leverage Calculation

CoinShares International's Degree of Operating Leverage for the quarter that ended in Dec. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 1138.686 (Dec. 2025) / 1919.497 (Dec. 2024) - 1 )/( 1516.634 (Dec. 2025) / 1671.522 (Dec. 2024) - 1 )
=-0.4068/-0.0927
=4.39***

* 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 -4.12 mean?
CoinShares International (CHIX:CSS) has a Degree of Operating Leverage of -4.12 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 CoinShares International and its competitors. According to the industry distribution chart, CoinShares International ranks #91 out of 645 companies in the Capital Markets industry, placing it in the top 14.1%.
Is CoinShares International's Degree of Operating Leverage too high?
CoinShares International's current Degree of Operating Leverage is -4.12. Based on the distribution chart, CoinShares International ranks #91 out of 645 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, CoinShares International has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does CoinShares International's Degree of Operating Leverage compare to GEMI and CNCK?
According to the Capital Markets industry distribution chart, CoinShares International ranks #91 out of 645 companies for Degree of Operating Leverage. This places CoinShares International in the top 14% of its industry — outperforming the majority of peers. The industry median Degree of Operating Leverage is 0.98. 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 Capital Markets company?
The median Degree of Operating Leverage among Capital Markets companies is 0.98, based on 645 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 CoinShares International and its competitors. For the Capital Markets industry, the median Degree of Operating Leverage is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CoinShares International's current Degree of Operating Leverage is -4.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoinShares International stock overvalued right now?
CoinShares International (CHIX:CSS) has a current Degree of Operating Leverage of -4.12. The stock's GF Value™ is kr252.54, compared to a current price of kr76.55 — trading 69.7% below its estimated fair value. The current Degree of Operating Leverage is -4.12. CoinShares International's overall GF Score™ is 71/100 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 CoinShares International (CHIX:CSS), the current Degree of Operating Leverage is -4.12 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 CoinShares International (CHIX:CSS) Overvalued in 2026?

Based on GuruFocus' analysis, CoinShares International stock appears to be undervalued. The current stock price of kr76.55 is trading 69.7% below its estimated GF Value™ of kr252.54.

Key valuation signals for CHIX:CSS:

  • Degree of Operating Leverage: -4.12
  • GF Value™: kr252.54 vs. price of kr76.55 (69.7% below fair value)
  • GF Score™: 71/100 with 6 warning signs

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


CoinShares International Business Description

Other Exchanges CSHR:USAY2U:Germany
Address 2 Hill Street, Saint Helier, JEY, JE2 4UA
CoinShares PLC is the European digital asset manager that delivers a broad range of financial services across investment management, trading, and securities to a wide array of clients that include corporations, financial institutions, and individuals.
71GF Score

Get the complete analysis for CHIX:CSS

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

kr76.55
Price
kr252.54
GF Value