INREF (InRetail Peru) Degree of Operating Leverage : 1.43 (As of Mar. 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.

INREF InRetail Peru Corp INREF
61 GF Score
Price $26.84
GF Value $24.69
! 10 Warning Signs
View Full Analysis

What is InRetail Peru Degree of Operating Leverage?

InRetail Peru INREF +8.56% 61 Degree of Operating Leverage is 1.43 as of Mar. 2026. GuruFocus rates INREF with a GF Score™ of 61/100 and a GF Value™ of $24.69. The stock has 10 warning signs investors should review. Among 1,107 Retail - Cyclical companies, InRetail Peru ranks worse than 54.47% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. InRetail Peru's Degree of Operating Leverage for the quarter that ended in Mar. 2026 was 1.43. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

INREF's Degree of Operating Leverage is ranked worse than
54.47% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 1.14 vs INREF: 1.43

InRetail Peru  (OTCPK:INREF) 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.


InRetail Peru Degree of Operating Leverage Related Terms


InRetail Peru Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for InRetail Peru'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.

InRetail Peru Degree of Operating Leverage Chart

InRetail Peru 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 1.05 4.10 3.43 0.54 1.30

InRetail Peru Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.02 1.39 -0.03 1.30 1.43

INREF vs DDS, M: Degree of Operating Leverage Comparison

For the Department Stores subindustry, InRetail Peru'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.


InRetail Peru Degree of Operating Leverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, InRetail Peru's Degree of Operating Leverage distribution charts can be found below:

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


INREF
61GF Score
InRetail Peru Corp INREF
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

InRetail Peru Degree of Operating Leverage Calculation

InRetail Peru's Degree of Operating Leverage for the quarter that ended in Mar. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 684.281 (Mar. 2026) / 625.386 (Mar. 2025) - 1 )/( 6915.58 (Mar. 2026) / 6488.771 (Mar. 2025) - 1 )
=0.0942/0.0658
=1.43***

* 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 1.43 mean?
InRetail Peru (INREF) has a Degree of Operating Leverage of 1.43 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 InRetail Peru and its competitors. According to the industry distribution chart, InRetail Peru ranks #603 out of 1107 companies in the Retail - Cyclical industry, placing it in the top 54.5%.
Is InRetail Peru's Degree of Operating Leverage too high?
InRetail Peru's current Degree of Operating Leverage is 1.43. The Retail - Cyclical industry median Degree of Operating Leverage is 1.14. InRetail Peru's value of 1.43 is 25.4% above this industry median. Based on the distribution chart, InRetail Peru ranks #603 out of 1107 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, InRetail Peru has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does InRetail Peru's Degree of Operating Leverage compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, InRetail Peru ranks #603 out of 1107 companies for Degree of Operating Leverage. This places InRetail Peru in the lower half of its industry. The industry median Degree of Operating Leverage is 1.14. InRetail Peru's value of 1.43 is 25.4% 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 Retail - Cyclical company?
The median Degree of Operating Leverage among Retail - Cyclical companies is 1.14, based on 1,107 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. InRetail Peru's current Degree of Operating Leverage of 1.43 is 25.4% 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 InRetail Peru and its competitors. For the Retail - Cyclical industry, the median Degree of Operating Leverage is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InRetail Peru's current Degree of Operating Leverage is 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InRetail Peru stock overvalued right now?
InRetail Peru (INREF) has a current Degree of Operating Leverage of 1.43. The stock's GF Value™ is $24.69, compared to a current price of $26.84 — trading 8.7% above its estimated fair value. The current Degree of Operating Leverage is 1.43 and 25.4% above the Retail - Cyclical industry median of 1.14. InRetail Peru's overall GF Score™ is 61/100 with 10 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 InRetail Peru (INREF), the current Degree of Operating Leverage is 1.43 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 InRetail Peru (INREF) Overvalued in 2026?

Based on GuruFocus' analysis, InRetail Peru stock appears to be overvalued. The current stock price of $26.84 is trading 8.7% above its estimated GF Value™ of $24.69.

Key valuation signals for INREF:

  • Degree of Operating Leverage: 1.43
  • GF Value™: $24.69 vs. price of $26.84 (8.7% above fair value)
  • GF Score™: 61/100 with 10 warning signs
  • Industry Position: 25.4% above the Retail - Cyclical median (#603 of 1107)

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


InRetail Peru Business Description

Other Exchanges INRETC1:Peru
Address Calle Morelli 139, San Borja, Lima, PER
InRetail Peru Corp operates supermarkets, hypermarkets, pharmacies and shopping centers, as well as real estate development and digital services. Its operations are concentrated in Peru; however, it maintains operations in the exterior mainly related to the commercialization of pharmaceuticals and consumer products. The company's reportable segments include: i) Food Retail, ii) Pharmacies, iii) Shopping Malls and iv) Digital. It generates the majority of its revenue from the Food Retail segment. Geographically, it derives a majority of its revenue from Peru and also has a presence in Ecuador and Other countries. The company brands include Plaza Vea, Plaza Vea Super, Plaza Vea Express, Vivanda, Mass, and Makro brands.
61GF Score

Get the complete analysis for INREF

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

$26.84
Price
$24.69
GF Value