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Ion Beam ApplicationsIOBCF 85 Degree of Operating Leverage is 1.37 as of Dec. 2025. GuruFocus rates IOBCF with a GF Score™ of 85/100 and a GF Value™ of $18.52 (Fairly Valued). The stock has 9 warning signs investors should review. Among 788 Medical Devices & Instruments companies, Ion Beam Applications ranks worse than 62.06% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Ion Beam Applications's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was 1.37. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Ion Beam Applications's Degree of Operating Leverage or its related term are showing as below:
IOBCF's Degree of Operating Leverage is ranked worse than 62.06% of 788
companies
in the Medical Devices & Instruments industry
Industry Median: 0.27
vs IOBCF: 1.37
Ion Beam Applications (OTCPK:IOBCF) 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.
Ion Beam Applications Degree of Operating Leverage Related Terms
Ion Beam Applications Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Ion Beam Applications'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.
Ion Beam Applications Degree of Operating Leverage Chart
IOBCF vs ABT, SYK, MDT: Degree of Operating Leverage Comparison
For the Medical Devices subindustry, Ion Beam Applications'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.
Ion Beam Applications Degree of Operating Leverage vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Ion Beam Applications's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Ion Beam Applications'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 1.37 mean?
Ion Beam Applications (IOBCF) has a Degree of Operating Leverage of 1.37 as of Dec. 2025. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Ion Beam Applications and its competitors. According to the industry distribution chart, Ion Beam Applications ranks #489 out of 788 companies in the Medical Devices & Instruments industry, placing it in the top 62.1%.
Is Ion Beam Applications' Degree of Operating Leverage too high?
Ion Beam Applications' current Degree of Operating Leverage is 1.37. The Medical Devices & Instruments industry median Degree of Operating Leverage is 0.27. Ion Beam Applications' value of 1.37 is 407.4% above this industry median. Based on the distribution chart, Ion Beam Applications ranks #489 out of 788 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Ion Beam Applications has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ion Beam Applications' Degree of Operating Leverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Ion Beam Applications ranks #489 out of 788 companies for Degree of Operating Leverage. This places Ion Beam Applications in the lower half of its industry. The industry median Degree of Operating Leverage is 0.27. Ion Beam Applications' value of 1.37 is 407.4% 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 Medical Devices & Instruments company?
The median Degree of Operating Leverage among Medical Devices & Instruments companies is 0.27, based on 788 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. Ion Beam Applications's current Degree of Operating Leverage of 1.37 is 407.4% 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 Ion Beam Applications and its competitors. For the Medical Devices & Instruments industry, the median Degree of Operating Leverage is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ion Beam Applications's current Degree of Operating Leverage is 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ion Beam Applications stock overvalued right now?
Based on GuruFocus' analysis, Ion Beam Applications (IOBCF) is currently considered Fairly Valued. The stock's GF Value™ is $18.52, compared to a current price of $19.00 — trading 2.6% above its estimated fair value. The current Degree of Operating Leverage is 1.37 and 407.4% above the Medical Devices & Instruments industry median of 0.27. Ion Beam Applications' overall GF Score™ is 85/100 with 9 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 Ion Beam Applications (IOBCF), the current Degree of Operating Leverage is 1.37 as of Dec. 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 Ion Beam Applications (IOBCF) Overvalued in 2026?
Based on GuruFocus' analysis, Ion Beam Applications stock appears to be overvalued.
The current stock price of $19.00 is trading 2.6% above its estimated GF Value™ of $18.52.
GuruFocus considers Ion Beam Applications to be Fairly Valued.
Key valuation signals for IOBCF:
Degree of Operating Leverage: 1.37
GF Value™: $18.52 vs. price of $19.00 (2.6% above fair value)
Industry Position: 407.4% above the Medical Devices & Instruments median (#489 of 788)
No single metric tells the full story. See the IOBCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ion Beam Applications SA develops and manufactures medical devices and software solutions. The firm operates in three segments: IBA Clinical, including Proton Therapy and Dosimetry; IBA Technologies; and IBA Corporate. Proton therapy and other accelerators contribute to the majority of sales. It offers solutions for precision cancer treatment through the use of proton beams, as well as cyclotrons used for the production of radioisotopes and industrial accelerators for sterilization and ionization. The dosimetry business sells measurement and quality assurance instruments for radiotherapy and medical imaging. The firm operates in three geographical areas: Belgium, the United States, China, Germany, and India.
85GF Score
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