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Kingboard HoldingsKBDCF 60 Degree of Operating Leverage is 13.13 as of Dec. 2025. GuruFocus rates KBDCF with a GF Score™ of 60/100 and a GF Value™ of $2.99 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 524 Conglomerates companies, Kingboard Holdings ranks worse than 87.02% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Kingboard Holdings's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was 13.13. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Kingboard Holdings's Degree of Operating Leverage or its related term are showing as below:
KBDCF's Degree of Operating Leverage is ranked worse than 87.02% of 524
companies
in the Conglomerates industry
Industry Median: 1.1
vs KBDCF: 13.13
Kingboard Holdings (OTCPK:KBDCF) 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.
Kingboard Holdings Degree of Operating Leverage Related Terms
Kingboard Holdings Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Kingboard Holdings'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.
Kingboard Holdings Degree of Operating Leverage Chart
KBDCF vs MMM, HON: Degree of Operating Leverage Comparison
For the Conglomerates subindustry, Kingboard Holdings'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.
Kingboard Holdings Degree of Operating Leverage vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Kingboard Holdings's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Kingboard Holdings'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 13.13 mean?
Kingboard Holdings (KBDCF) has a Degree of Operating Leverage of 13.13 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 Kingboard Holdings and its competitors. According to the industry distribution chart, Kingboard Holdings ranks #456 out of 524 companies in the Conglomerates industry, placing it in the top 87%.
Is Kingboard Holdings' Degree of Operating Leverage too high?
Kingboard Holdings' current Degree of Operating Leverage is 13.13. The Conglomerates industry median Degree of Operating Leverage is 1.10. Kingboard Holdings' value of 13.13 is 1093.6% above this industry median. Based on the distribution chart, Kingboard Holdings ranks #456 out of 524 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Kingboard Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kingboard Holdings' Degree of Operating Leverage compare to MMM and HON?
According to the Conglomerates industry distribution chart, Kingboard Holdings ranks #456 out of 524 companies for Degree of Operating Leverage. This places Kingboard Holdings in the lower half of its industry. The industry median Degree of Operating Leverage is 1.10. Kingboard Holdings' value of 13.13 is 1093.6% 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 Conglomerates company?
The median Degree of Operating Leverage among Conglomerates companies is 1.10, based on 524 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. Kingboard Holdings's current Degree of Operating Leverage of 13.13 is 1093.6% 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 Kingboard Holdings and its competitors. For the Conglomerates industry, the median Degree of Operating Leverage is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kingboard Holdings's current Degree of Operating Leverage is 13.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingboard Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kingboard Holdings (KBDCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.99, compared to a current price of $6.31 — trading 110.9% above its estimated fair value. The current Degree of Operating Leverage is 13.13 and 1093.6% above the Conglomerates industry median of 1.10. Kingboard Holdings' overall GF Score™ is 60/100 with 5 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 Kingboard Holdings (KBDCF), the current Degree of Operating Leverage is 13.13 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 Kingboard Holdings (KBDCF) Overvalued in 2026?
Based on GuruFocus' analysis, Kingboard Holdings stock appears to be overvalued.
The current stock price of $6.31 is trading 110.9% above its estimated GF Value™ of $2.99.
GuruFocus considers Kingboard Holdings to be Significantly Overvalued.
Key valuation signals for KBDCF:
Degree of Operating Leverage: 13.13
GF Value™: $2.99 vs. price of $6.31 (110.9% above fair value)
Industry Position: 1093.6% above the Conglomerates median (#456 of 524)
No single metric tells the full story. See the KBDCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kingboard Holdings Ltd is an investment holding company in China. It operates in six segments: laminates, printed circuit boards, chemicals, properties, investments, and others, including service income, manufacture, and sale of magnetic products, and hotel business. The company's products include Tar, coke, methanol, benzene, acetic acid, glass epoxy laminate, paper laminate, single and double-sided printed circuit boards, and others. Geographically, it has operations in China, Thailand, Japan, Korea, Singapore, Europe, America, and Africa, out of which China accounts for the majority of the revenue.
60GF Score
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