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Gold FieldsGFIOF 85 Degree of Operating Leverage is 1.80 as of Jun. 2026. GuruFocus rates GFIOF with a GF Score™ of 85/100 and a GF Value™ of $47.65 (Fairly Valued). The stock has 1 warning sign investors should review. Among 748 Metals & Mining companies, Gold Fields ranks worse than 59.89% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Gold Fields's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 1.80. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Gold Fields's Degree of Operating Leverage or its related term are showing as below:
GFIOF's Degree of Operating Leverage is ranked worse than 59.89% of 748
companies
in the Metals & Mining industry
Industry Median: 1.23
vs GFIOF: 1.80
Gold Fields (OTCPK:GFIOF) 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.
Gold Fields Degree of Operating Leverage Related Terms
Gold Fields Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Gold Fields'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.
GFIOF vs NEM, AU, RGLD: Degree of Operating Leverage Comparison
For the Gold subindustry, Gold Fields'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.
Gold Fields Degree of Operating Leverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Gold Fields's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Gold Fields'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 1.80 mean?
Gold Fields (GFIOF) has a Degree of Operating Leverage of 1.80 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 Gold Fields and its competitors. According to the industry distribution chart, Gold Fields ranks #448 out of 748 companies in the Metals & Mining industry, placing it in the top 59.9%.
Is Gold Fields' Degree of Operating Leverage too high?
Gold Fields' current Degree of Operating Leverage is 1.80. The Metals & Mining industry median Degree of Operating Leverage is 1.23. Gold Fields' value of 1.80 is 46.3% above this industry median. Based on the distribution chart, Gold Fields ranks #448 out of 748 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Gold Fields has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gold Fields' Degree of Operating Leverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Gold Fields ranks #448 out of 748 companies for Degree of Operating Leverage. This places Gold Fields in the lower half of its industry. The industry median Degree of Operating Leverage is 1.23. Gold Fields' value of 1.80 is 46.3% 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 Metals & Mining company?
The median Degree of Operating Leverage among Metals & Mining companies is 1.23, based on 748 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. Gold Fields's current Degree of Operating Leverage of 1.80 is 46.3% 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 Gold Fields and its competitors. For the Metals & Mining industry, the median Degree of Operating Leverage is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Fields's current Degree of Operating Leverage is 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Fields stock overvalued right now?
Based on GuruFocus' analysis, Gold Fields (GFIOF) is currently considered Fairly Valued. The stock's GF Value™ is $47.65, compared to a current price of $45.00 — trading 5.6% below its estimated fair value. The current Degree of Operating Leverage is 1.80 and 46.3% above the Metals & Mining industry median of 1.23. Gold Fields' overall GF Score™ is 85/100 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 Gold Fields (GFIOF), the current Degree of Operating Leverage is 1.80 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 Gold Fields (GFIOF) Overvalued in 2026?
Based on GuruFocus' analysis, Gold Fields stock appears to be undervalued.
The current stock price of $45.00 is trading 5.6% below its estimated GF Value™ of $47.65.
GuruFocus considers Gold Fields to be Fairly Valued.
Key valuation signals for GFIOF:
Degree of Operating Leverage: 1.80
GF Value™: $47.65 vs. price of $45.00 (5.6% below fair value)
Industry Position: 46.3% above the Metals & Mining median (#448 of 748)
No single metric tells the full story. See the GFIOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia, and Peru. In Peru, the company also produces copper. The company is involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing, and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith, and South Deep, and surface-only open pit mining at Damang, Tarkwa, and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.
85GF Score
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