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Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Emaar Development PJSC's Degree of Operating Leverage for the quarter that ended in Mar. 2026 was 1.18. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Emaar Development PJSC's Degree of Operating Leverage or its related term are showing as below:
DFM:EMAARDEV's Degree of Operating Leverage is ranked worse than 57.07% of 1705
companies
in the Real Estate industry
Industry Median: 0.83
vs DFM:EMAARDEV: 1.18
Emaar Development PJSC (DFM:EMAARDEV) 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.
Emaar Development PJSC Degree of Operating Leverage Related Terms
Emaar Development PJSC Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Emaar Development PJSC'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.
Emaar Development PJSC Degree of Operating Leverage Chart
Emaar Development PJSC Degree of Operating Leverage Competitor Comparison
For the Real Estate - Development subindustry, Emaar Development PJSC'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.
Emaar Development PJSC Degree of Operating Leverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Emaar Development PJSC's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Emaar Development PJSC'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 1.18 mean?
Emaar Development PJSC (DFM:EMAARDEV) has a Degree of Operating Leverage of 1.18 as of Mar. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Emaar Development PJSC and its competitors. According to the industry distribution chart, Emaar Development PJSC ranks #973 out of 1705 companies in the Real Estate industry, placing it in the top 57.1%.
Is Emaar Development PJSC's Degree of Operating Leverage too high?
Emaar Development PJSC's current Degree of Operating Leverage is 1.18. The Real Estate industry median Degree of Operating Leverage is 0.83. Emaar Development PJSC's value of 1.18 is 42.2% above this industry median. Based on the distribution chart, Emaar Development PJSC ranks #973 out of 1705 companies in the Real Estate industry, which is below the industry midpoint. Overall, Emaar Development PJSC has a GF Score™ of 100/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emaar Development PJSC's Degree of Operating Leverage compare to competitors?
According to the Real Estate industry distribution chart, Emaar Development PJSC ranks #973 out of 1705 companies for Degree of Operating Leverage. This places Emaar Development PJSC in the lower half of its industry. The industry median Degree of Operating Leverage is 0.83. Emaar Development PJSC's value of 1.18 is 42.2% 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 0.83, based on 1,705 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. Emaar Development PJSC's current Degree of Operating Leverage of 1.18 is 42.2% 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 Emaar Development PJSC and its competitors. For the Real Estate industry, the median Degree of Operating Leverage is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emaar Development PJSC's current Degree of Operating Leverage is 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emaar Development PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emaar Development PJSC (DFM:EMAARDEV) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ20.11, compared to a current price of د.إ13.60 — trading 32.4% below its estimated fair value. The current Degree of Operating Leverage is 1.18 and 42.2% above the Real Estate industry median of 0.83. Emaar Development PJSC's overall GF Score™ is 100/100 with 1 warning sign 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 Emaar Development PJSC (DFM:EMAARDEV), the current Degree of Operating Leverage is 1.18 as of Mar. 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 Emaar Development PJSC (DFM:EMAARDEV) Overvalued in 2026?
Based on GuruFocus' analysis, Emaar Development PJSC stock appears to be undervalued.
The current stock price of د.إ13.60 is trading 32.4% below its estimated GF Value™ of د.إ20.11.
GuruFocus considers Emaar Development PJSC to be Significantly Undervalued.
Key valuation signals for DFM:EMAARDEV:
Degree of Operating Leverage: 1.18
GF Value™: د.إ20.11 vs. price of د.إ13.60 (32.4% below fair value)
Industry Position: 42.2% above the Real Estate median (#973 of 1705)
No single metric tells the full story. See the DFM:EMAARDEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emaar Development PJSC is a property developer and provider of lifestyle-focused real estate, with operations in the Middle East, North Africa, and Asia. Its principal activities are property investment, development and development management, shopping malls and retail, entertainment, hospitality, property management and utility services and investments in providers of financial services. The majority of the company'ss revenue is derived from the sale of residential units. Geographically, the company is currently operating only in the UAE.
100GF Score
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