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.
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.
The Artisanal Spirits CoLSE:ART 28 Degree of Operating Leverage is -36.20 as of Dec. 2025. GuruFocus rates LSE:ART with a GF Score™ of 28/100 and a GF Value™ of £0.42 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 205 Beverages - Alcoholic companies, The Artisanal Spirits Co ranks better than 95.61% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
The Artisanal Spirits Co's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was -36.20. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for The Artisanal Spirits Co's Degree of Operating Leverage or its related term are showing as below:
LSE:ART's Degree of Operating Leverage is ranked better than 95.61% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 1.53
vs LSE:ART: -36.20
The Artisanal Spirits Co (LSE:ART) 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.
The Artisanal Spirits Co Degree of Operating Leverage Related Terms
The Artisanal Spirits Co Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for The Artisanal Spirits Co'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.
The Artisanal Spirits Co Degree of Operating Leverage Chart
LSE:ART vs BF.B: Degree of Operating Leverage Comparison
For the Beverages - Wineries & Distilleries subindustry, The Artisanal Spirits Co'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.
The Artisanal Spirits Co Degree of Operating Leverage vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, The Artisanal Spirits Co's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where The Artisanal Spirits Co'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 -36.20 mean?
The Artisanal Spirits Co (LSE:ART) has a Degree of Operating Leverage of -36.20 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 The Artisanal Spirits Co and its competitors. According to the industry distribution chart, The Artisanal Spirits Co ranks #9 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 4.4%.
Is The Artisanal Spirits Co's Degree of Operating Leverage too high?
The Artisanal Spirits Co's current Degree of Operating Leverage is -36.20. Based on the distribution chart, The Artisanal Spirits Co ranks #9 out of 205 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, The Artisanal Spirits Co has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Artisanal Spirits Co's Degree of Operating Leverage compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, The Artisanal Spirits Co ranks #9 out of 205 companies for Degree of Operating Leverage. This places The Artisanal Spirits Co in the top 4% of its industry — outperforming the majority of peers. The industry median Degree of Operating Leverage is 1.53. 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 Beverages - Alcoholic company?
The median Degree of Operating Leverage among Beverages - Alcoholic companies is 1.53, based on 205 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. 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 The Artisanal Spirits Co and its competitors. For the Beverages - Alcoholic industry, the median Degree of Operating Leverage is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Artisanal Spirits Co's current Degree of Operating Leverage is -36.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Artisanal Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, The Artisanal Spirits Co (LSE:ART) is currently considered Possible Value Trap. The stock's GF Value™ is £0.42, compared to a current price of £0.24 — trading 42.9% below its estimated fair value. The current Degree of Operating Leverage is -36.20. The Artisanal Spirits Co's overall GF Score™ is 28/100 with 7 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 The Artisanal Spirits Co (LSE:ART), the current Degree of Operating Leverage is -36.20 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 The Artisanal Spirits Co (LSE:ART) Overvalued in 2026?
Based on GuruFocus' analysis, The Artisanal Spirits Co stock appears to be undervalued.
The current stock price of £0.24 is trading 42.9% below its estimated GF Value™ of £0.42.
GuruFocus considers The Artisanal Spirits Co to be Possible Value Trap.
Key valuation signals for LSE:ART:
Degree of Operating Leverage: -36.20
GF Value™: £0.42 vs. price of £0.24 (42.9% below fair value)
No single metric tells the full story. See the LSE:ART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Artisanal Spirits Co PLC is a curator and provider of premium single-cask Scotch malt whisky and other spirits for sale online to a discerning global membership. It offers a range of other spirits such as single-cask Bourbon, Indian and Japanese whisky, as well as single-cask Armagnac, Cognac, gin, and rum. Its operations are predominantly based in the UK with the Group also generating revenue from Europe, Asia, America, and Others, of which maximum revenue is generated from Europe. Its brands include: The Scotch Malt Whisky Society, Single Cask Nation, Artisan Casks and J.G. Thomson.
28GF Score
Get the complete analysis for LSE:ART
Degree of Operating Leverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:ART has been successfully added to your 
