FHRT (First Hartford) Degree of Operating Leverage : 3.41 (As of Apr. 2025)

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FHRT First Hartford Corp FHRT
44 GF Score
Price $25.75
GF Value $14.14
Valuation Significantly Overvalued
! 5 Warning Signs
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What is First Hartford Degree of Operating Leverage?

First Hartford FHRT 44 Degree of Operating Leverage is 3.41 as of Apr. 2025. GuruFocus rates FHRT with a GF Score™ of 44/100 and a GF Value™ of $14.14 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,712 Real Estate companies, First Hartford ranks worse than 77.51% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. First Hartford's Degree of Operating Leverage for the quarter that ended in Apr. 2025 was 3.41. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

FHRT's Degree of Operating Leverage is ranked worse than
77.51% of 1712 companies
in the Real Estate industry
Industry Median: 0.825 vs FHRT: 3.41

First Hartford  (OTCPK:FHRT) 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.


First Hartford Degree of Operating Leverage Related Terms


First Hartford Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for First Hartford'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.

First Hartford Degree of Operating Leverage Chart

First Hartford Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr24 Apr25
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.54 1.80 -1.72 0.00 3.41

First Hartford Semi-Annual Data
Apr01 Apr02 Apr03 Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr24 Apr25
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 4.54 1.80 -1.72 0.00 3.41

FHRT vs AEI, KANP, ILAL: Degree of Operating Leverage Comparison

For the Real Estate - Development subindustry, First Hartford'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.


First Hartford Degree of Operating Leverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Hartford's Degree of Operating Leverage distribution charts can be found below:

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


FHRT
44GF Score
First Hartford Corp FHRT
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
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First Hartford Degree of Operating Leverage Calculation

First Hartford's Degree of Operating Leverage for the quarter that ended in Apr. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 29.161 (Apr. 2025) / 7.779 (Apr. 2024) - 1 )/( 107.467 (Apr. 2025) / 59.533 (Apr. 2024) - 1 )
=2.7487/0.8052
=3.41***

* 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 3.41 mean?
First Hartford (FHRT) has a Degree of Operating Leverage of 3.41 as of Apr. 2025. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for First Hartford and its competitors. According to the industry distribution chart, First Hartford ranks #1327 out of 1712 companies in the Real Estate industry, placing it in the top 77.5%.
Is First Hartford's Degree of Operating Leverage too high?
First Hartford's current Degree of Operating Leverage is 3.41. The Real Estate industry median Degree of Operating Leverage is 0.83. First Hartford's value of 3.41 is 313.3% above this industry median. Based on the distribution chart, First Hartford ranks #1327 out of 1712 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, First Hartford has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Hartford's Degree of Operating Leverage compare to AEI and KANP?
According to the Real Estate industry distribution chart, First Hartford ranks #1327 out of 1712 companies for Degree of Operating Leverage. This places First Hartford in the lower half of its industry. The industry median Degree of Operating Leverage is 0.83. First Hartford's value of 3.41 is 313.3% 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 0.83, based on 1,712 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. First Hartford's current Degree of Operating Leverage of 3.41 is 313.3% 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 First Hartford 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. First Hartford's current Degree of Operating Leverage is 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hartford stock overvalued right now?
Based on GuruFocus' analysis, First Hartford (FHRT) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.14, compared to a current price of $25.75 — trading 82.1% above its estimated fair value. The current Degree of Operating Leverage is 3.41 and 313.3% above the Real Estate industry median of 0.83. First Hartford's overall GF Score™ is 44/100 with 5 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 First Hartford (FHRT), the current Degree of Operating Leverage is 3.41 as of Apr. 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 First Hartford (FHRT) Overvalued in 2026?

Based on GuruFocus' analysis, First Hartford stock appears to be overvalued. The current stock price of $25.75 is trading 82.1% above its estimated GF Value™ of $14.14. GuruFocus considers First Hartford to be Significantly Overvalued.

Key valuation signals for FHRT:

  • Degree of Operating Leverage: 3.41
  • GF Value™: $14.14 vs. price of $25.75 (82.1% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 313.3% above the Real Estate median (#1327 of 1712)

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


First Hartford Business Description

Address 149 Colonial Road, Manchester, CT, USA, 06042
First Hartford Corp is a real estate company. It is engaged in the purchase, development, ownership, management, and sale of real estate. The company is also a preferred developer for CVS, Cumberland Farms, and others.
44GF 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.

$25.75
Price
$14.14
GF Value