Sectra AB (CHIX:SECTBS) Degree of Operating Leverage : 0.40 (As of Jul. 2026)

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CHIX:SECTBS Sectra AB CHIX:SECTBS
99 GF Score
Price kr276.50
GF Value kr291.78
Valuation Fairly Valued
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What is Sectra AB Degree of Operating Leverage?

Sectra AB CHIX:SECTBS 99 Degree of Operating Leverage is 0.40 as of Jul. 2026. GuruFocus rates CHIX:SECTBS with a GF Score™ of 99/100 and a GF Value™ of kr291.78 (Fairly Valued). Among 791 Medical Devices & Instruments companies, Sectra AB ranks better than 55.12% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Sectra AB's Degree of Operating Leverage for the quarter that ended in Jul. 2026 was 0.40. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

CHIX:SECTBs's Degree of Operating Leverage is ranked better than
55.12% of 791 companies
in the Medical Devices & Instruments industry
Industry Median: 0.5 vs CHIX:SECTBs: 0.40

Sectra AB  (CHIX:SECTBs) 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.


Sectra AB Degree of Operating Leverage Related Terms


Sectra AB Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for Sectra AB'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.

Sectra AB Degree of Operating Leverage Chart

Sectra AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 1.05 0.29 4.25 -0.18

Sectra AB Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 6.15 7.01 -0.47 -0.18 0.40

CHIX:SECTBS vs ABT, SYK, MDT: Degree of Operating Leverage Comparison

For the Medical Devices subindustry, Sectra AB'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.


Sectra AB Degree of Operating Leverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sectra AB's Degree of Operating Leverage distribution charts can be found below:

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


CHIX:SECTBS
99GF Score
Sectra AB CHIX:SECTBS
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Sectra AB Degree of Operating Leverage Calculation

Sectra AB's Degree of Operating Leverage for the quarter that ended in Jul. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 782.979 (Jul. 2026) / 741.982 (Jul. 2025) - 1 )/( 3739.214 (Jul. 2026) / 3281.829 (Jul. 2025) - 1 )
=0.0553/0.1394
=0.40***

* 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 0.40 mean?
Sectra AB (CHIX:SECTBS) has a Degree of Operating Leverage of 0.40 as of Jul. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Sectra AB and its competitors. According to the industry distribution chart, Sectra AB ranks #355 out of 791 companies in the Medical Devices & Instruments industry, placing it in the top 44.9%.
Is Sectra AB's Degree of Operating Leverage too high?
Sectra AB's current Degree of Operating Leverage is 0.40. The Medical Devices & Instruments industry median Degree of Operating Leverage is 0.50. Sectra AB's value of 0.40 is 20% below this industry median. Based on the distribution chart, Sectra AB ranks #355 out of 791 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Sectra AB has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sectra AB's Degree of Operating Leverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sectra AB ranks #355 out of 791 companies for Degree of Operating Leverage. This puts Sectra AB in the upper half of its industry. The industry median Degree of Operating Leverage is 0.50. Sectra AB's value of 0.40 is 20% below 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 Medical Devices & Instruments company?
The median Degree of Operating Leverage among Medical Devices & Instruments companies is 0.50, based on 791 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. Sectra AB's current Degree of Operating Leverage of 0.40 is 20% below 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 Sectra AB and its competitors. For the Medical Devices & Instruments industry, the median Degree of Operating Leverage is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sectra AB's current Degree of Operating Leverage is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sectra AB stock overvalued right now?
Based on GuruFocus' analysis, Sectra AB (CHIX:SECTBS) is currently considered Fairly Valued. The stock's GF Value™ is kr291.78, compared to a current price of kr276.50 — trading 5.2% below its estimated fair value. The current Degree of Operating Leverage is 0.40 and 20% below the Medical Devices & Instruments industry median of 0.50. Sectra AB's overall GF Score™ is 99/100. 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 Sectra AB (CHIX:SECTBS), the current Degree of Operating Leverage is 0.40 as of Jul. 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 Sectra AB (CHIX:SECTBS) Overvalued in 2026?

Based on GuruFocus' analysis, Sectra AB stock appears to be undervalued. The current stock price of kr276.50 is trading 5.2% below its estimated GF Value™ of kr291.78. GuruFocus considers Sectra AB to be Fairly Valued.

Key valuation signals for CHIX:SECTBS:

  • Degree of Operating Leverage: 0.40
  • GF Value™: kr291.78 vs. price of kr276.50 (5.2% below fair value)
  • GF Score™: 99/100
  • Industry Position: 20% below the Medical Devices & Instruments median (#355 of 791)

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


Sectra AB Business Description

Address Teknikringen 20, Linkoping, SWE, 583 30
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from the United States, followed by Sweden, the United Kingdom, the Netherlands, the Rest of Europe, and the Rest of the world.
99GF Score

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

kr276.50
Price
kr291.78
GF Value