GGNDF (GN Store Nord AS) Degree of Operating Leverage : 14.78 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GGNDF GN Store Nord AS GGNDF
71 GF Score
Price $15.31
GF Value $14.12
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is GN Store Nord AS Degree of Operating Leverage?

GN Store Nord AS GGNDF -0.62% 71 Degree of Operating Leverage is 14.78 as of Jun. 2026. GuruFocus rates GGNDF with a GF Score™ of 71/100 and a GF Value™ of $14.12 (Fairly Valued). The stock has 6 warning signs investors should review. Among 793 Medical Devices & Instruments companies, GN Store Nord AS ranks worse than 88.52% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. GN Store Nord AS's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 14.78. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for GN Store Nord AS's Degree of Operating Leverage or its related term are showing as below:

GGNDF's Degree of Operating Leverage is ranked worse than
88.52% of 793 companies
in the Medical Devices & Instruments industry
Industry Median: 0.46 vs GGNDF: 14.78

GN Store Nord AS  (OTCPK:GGNDF) 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.


GN Store Nord AS Degree of Operating Leverage Related Terms


GN Store Nord AS Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for GN Store Nord AS'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.

GN Store Nord AS Degree of Operating Leverage Chart

GN Store Nord AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 -11.63 91.40 -126.70 9.81

GN Store Nord AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.58 0.23 0.96 3.51 -67.52

GGNDF vs ABT, SYK, MDT: Degree of Operating Leverage Comparison

For the Medical Devices subindustry, GN Store Nord AS'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.


GN Store Nord AS Degree of Operating Leverage vs Medical Devices & Instruments Industry

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

* The bar in red indicates where GN Store Nord AS's Degree of Operating Leverage falls into.


GGNDF
71GF Score
GN Store Nord AS GGNDF
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GN Store Nord AS Degree of Operating Leverage Calculation

GN Store Nord AS's Degree of Operating Leverage for the quarter that ended in Jun. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 117.3501 (Jun. 2026) / 198.3467 (Jun. 2025) - 1 )/( 2014.794 (Jun. 2026) / 2002.6819 (Jun. 2025) - 1 )
=-0.4084/0.006
=-67.52***

* 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 14.78 mean?
GN Store Nord AS (GGNDF) has a Degree of Operating Leverage of 14.78 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 GN Store Nord AS and its competitors. According to the industry distribution chart, GN Store Nord AS ranks #702 out of 793 companies in the Medical Devices & Instruments industry, placing it in the top 88.5%.
Is GN Store Nord AS's Degree of Operating Leverage too high?
GN Store Nord AS's current Degree of Operating Leverage is 14.78. The Medical Devices & Instruments industry median Degree of Operating Leverage is 0.46. GN Store Nord AS's value of 14.78 is 3113% above this industry median. Based on the distribution chart, GN Store Nord AS ranks #702 out of 793 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, GN Store Nord AS has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GN Store Nord AS's Degree of Operating Leverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, GN Store Nord AS ranks #702 out of 793 companies for Degree of Operating Leverage. This places GN Store Nord AS in the lower half of its industry. The industry median Degree of Operating Leverage is 0.46. GN Store Nord AS's value of 14.78 is 3113% 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 Medical Devices & Instruments company?
The median Degree of Operating Leverage among Medical Devices & Instruments companies is 0.46, based on 793 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. GN Store Nord AS's current Degree of Operating Leverage of 14.78 is 3113% 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 GN Store Nord AS and its competitors. For the Medical Devices & Instruments industry, the median Degree of Operating Leverage is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GN Store Nord AS's current Degree of Operating Leverage is 14.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GN Store Nord AS stock overvalued right now?
Based on GuruFocus' analysis, GN Store Nord AS (GGNDF) is currently considered Fairly Valued. The stock's GF Value™ is $14.12, compared to a current price of $15.31 — trading 8.4% above its estimated fair value. The current Degree of Operating Leverage is 14.78 and 3113% above the Medical Devices & Instruments industry median of 0.46. GN Store Nord AS's overall GF Score™ is 71/100 with 6 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 GN Store Nord AS (GGNDF), the current Degree of Operating Leverage is 14.78 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 GN Store Nord AS (GGNDF) Overvalued in 2026?

Based on GuruFocus' analysis, GN Store Nord AS stock appears to be overvalued. The current stock price of $15.31 is trading 8.4% above its estimated GF Value™ of $14.12. GuruFocus considers GN Store Nord AS to be Fairly Valued.

Key valuation signals for GGNDF:

  • Degree of Operating Leverage: 14.78
  • GF Value™: $14.12 vs. price of $15.31 (8.4% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 3113% above the Medical Devices & Instruments median (#702 of 793)

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


GN Store Nord AS Business Description

Address Lautrupbjerg 7, Ballerup, DNK, 2750
GN Store Nord is a Danish company offering medical and audio solutions. The group comprises three businesses: hearing (about 40% of sales), enterprise (40%), and gaming (20%). GN Hearing offers hearing aids and competes globally with Sonova, Demant, Starkey, and WS Audiology (formerly Sivantos and Widex). GN Enterprise provides headsets and speakerphones to the enterprise market, including contact centers and offices. GN recently acquired SteelSeries, a provider of gaming accessories such as headsets and keyboards, thereby forming the gaming division. The company has positioned itself as a major player in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing, Jabra in headsets, and SteelSeries in gaming.
71GF Score

Get the complete analysis for GGNDF

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

$15.31
Price
$14.12
GF Value