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Impax Asset Management GroupIPXAF 71 Degree of Operating Leverage is 2.62 as of Mar. 2026. GuruFocus rates IPXAF with a GF Score™ of 71/100 and a GF Value™ of $3.24 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 623 Asset Management companies, Impax Asset Management Group ranks worse than 79.94% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Impax Asset Management Group's Degree of Operating Leverage for the quarter that ended in Mar. 2026 was 2.62. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Impax Asset Management Group's Degree of Operating Leverage or its related term are showing as below:
IPXAF's Degree of Operating Leverage is ranked worse than 79.94% of 623
companies
in the Asset Management industry
Industry Median: 0.51
vs IPXAF: 2.62
Impax Asset Management Group (OTCPK:IPXAF) 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.
Impax Asset Management Group Degree of Operating Leverage Related Terms
Impax Asset Management Group Degree of Operating Leverage Historical Data
* 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.
Impax Asset Management Group Degree of Operating Leverage Chart
IPXAF vs BLK, BX, KKR: Degree of Operating Leverage Comparison
For the Asset Management subindustry, Impax Asset Management Group'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.
Impax Asset Management Group Degree of Operating Leverage vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Impax Asset Management Group's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Impax Asset Management Group'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 2.62 mean?
Impax Asset Management Group (IPXAF) has a Degree of Operating Leverage of 2.62 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 Impax Asset Management Group and its competitors. According to the industry distribution chart, Impax Asset Management Group ranks #498 out of 623 companies in the Asset Management industry, placing it in the top 79.9%.
Is Impax Asset Management Group's Degree of Operating Leverage too high?
Impax Asset Management Group's current Degree of Operating Leverage is 2.62. The Asset Management industry median Degree of Operating Leverage is 0.51. Impax Asset Management Group's value of 2.62 is 413.7% above this industry median. Based on the distribution chart, Impax Asset Management Group ranks #498 out of 623 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Impax Asset Management Group has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Impax Asset Management Group's Degree of Operating Leverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Impax Asset Management Group ranks #498 out of 623 companies for Degree of Operating Leverage. This places Impax Asset Management Group in the lower half of its industry. The industry median Degree of Operating Leverage is 0.51. Impax Asset Management Group's value of 2.62 is 413.7% 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 Asset Management company?
The median Degree of Operating Leverage among Asset Management companies is 0.51, based on 623 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. Impax Asset Management Group's current Degree of Operating Leverage of 2.62 is 413.7% 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 Impax Asset Management Group and its competitors. For the Asset Management industry, the median Degree of Operating Leverage is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impax Asset Management Group's current Degree of Operating Leverage is 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Impax Asset Management Group (IPXAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $3.24, compared to a current price of $1.40 — trading 56.8% below its estimated fair value. The current Degree of Operating Leverage is 2.62 and 413.7% above the Asset Management industry median of 0.51. Impax Asset Management Group's overall GF Score™ is 71/100 with 3 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 Impax Asset Management Group (IPXAF), the current Degree of Operating Leverage is 2.62 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 Impax Asset Management Group (IPXAF) Overvalued in 2026?
Based on GuruFocus' analysis, Impax Asset Management Group stock appears to be undervalued.
The current stock price of $1.40 is trading 56.8% below its estimated GF Value™ of $3.24.
GuruFocus considers Impax Asset Management Group to be Significantly Undervalued.
Key valuation signals for IPXAF:
Degree of Operating Leverage: 2.62
GF Value™: $3.24 vs. price of $1.40 (56.8% below fair value)
Industry Position: 413.7% above the Asset Management median (#498 of 623)
No single metric tells the full story. See the IPXAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Impax Asset Management Group PLC is an investment firm. It operates in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable economy. The Group is managed on an integrated basis and there is one reportable segment The company offers listed and private equity strategies to institutional clients, with assets under management and advice. Geographically, it derives a majority of revenue from North America and also has a presence in UK; France; Luxembourg; Netherlands; Ireland; Australia and other regions.
71GF Score
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