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Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Electricity Generating PCL's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 2.51. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Electricity Generating PCL's Degree of Operating Leverage or its related term are showing as below:
FRA:ECGF's Degree of Operating Leverage is ranked worse than 70.63% of 412
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.805
vs FRA:ECGF: 2.51
Electricity Generating PCL (FRA:ECGF) 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.
Electricity Generating PCL Degree of Operating Leverage Related Terms
Electricity Generating PCL Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Electricity Generating PCL'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.
Electricity Generating PCL Degree of Operating Leverage Chart
FRA:ECGF vs CEG, VST, NRG: Degree of Operating Leverage Comparison
For the Utilities - Independent Power Producers subindustry, Electricity Generating PCL'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.
Electricity Generating PCL Degree of Operating Leverage vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Electricity Generating PCL's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Electricity Generating PCL'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 2.51 mean?
Electricity Generating PCL (FRA:ECGF) has a Degree of Operating Leverage of 2.51 as of Jun. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Electricity Generating PCL and its competitors. According to the industry distribution chart, Electricity Generating PCL ranks #291 out of 412 companies in the Utilities - Independent Power Producers industry, placing it in the top 70.6%.
Is Electricity Generating PCL's Degree of Operating Leverage too high?
Electricity Generating PCL's current Degree of Operating Leverage is 2.51. The Utilities - Independent Power Producers industry median Degree of Operating Leverage is 0.81. Electricity Generating PCL's value of 2.51 is 211.8% above this industry median. Based on the distribution chart, Electricity Generating PCL ranks #291 out of 412 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Electricity Generating PCL has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Electricity Generating PCL's Degree of Operating Leverage compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Electricity Generating PCL ranks #291 out of 412 companies for Degree of Operating Leverage. This places Electricity Generating PCL in the lower half of its industry. The industry median Degree of Operating Leverage is 0.81. Electricity Generating PCL's value of 2.51 is 211.8% 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 an Utilities - Independent Power Producers company?
The median Degree of Operating Leverage among Utilities - Independent Power Producers companies is 0.81, based on 412 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. Electricity Generating PCL's current Degree of Operating Leverage of 2.51 is 211.8% 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 Electricity Generating PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Degree of Operating Leverage is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electricity Generating PCL's current Degree of Operating Leverage is 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electricity Generating PCL stock overvalued right now?
Electricity Generating PCL (FRA:ECGF) has a current Degree of Operating Leverage of 2.51. The stock's GF Value™ is €2.02, compared to a current price of €3.14 — trading 55.4% above its estimated fair value. The current Degree of Operating Leverage is 2.51 and 211.8% above the Utilities - Independent Power Producers industry median of 0.81. Electricity Generating PCL's overall GF Score™ is 64/100 with 13 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 Electricity Generating PCL (FRA:ECGF), the current Degree of Operating Leverage is 2.51 as of Jun. 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 Electricity Generating PCL (FRA:ECGF) Overvalued in 2026?
Based on GuruFocus' analysis, Electricity Generating PCL stock appears to be overvalued.
The current stock price of €3.14 is trading 55.4% above its estimated GF Value™ of €2.02.
Key valuation signals for FRA:ECGF:
Degree of Operating Leverage: 2.51
GF Value™: €2.02 vs. price of €3.14 (55.4% above fair value)
Industry Position: 211.8% above the Utilities - Independent Power Producers median (#291 of 412)
No single metric tells the full story. See the FRA:ECGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Electricity Generating PCL is engaged in the generation of electricity for sales to the government sector and industrial users. As a holding company, the majority of the company's revenue comes from its numerous subsidiaries and joint ventures located throughout Thailand and other regions. The company has two segments report which are comprised of electricity generation and other businesses. The majority of its revenue is derived from the electricity generation segment. Geographically, key revenue for the company is derived from Thailand and the rest from the Philippines and Australia.
64GF Score
Get the complete analysis for FRA:ECGF
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