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.
Csp InternationalMIL:CSP 38 Degree of Operating Leverage is 15.92 as of Dec. 2025. GuruFocus rates MIL:CSP with a GF Score™ of 38/100 and a GF Value™ of €0.30 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,038 Manufacturing - Apparel & Accessories companies, Csp International ranks worse than 86.42% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Csp International's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was 15.92. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Csp International's Degree of Operating Leverage or its related term are showing as below:
MIL:CSP's Degree of Operating Leverage is ranked worse than 86.42% of 1038
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.085
vs MIL:CSP: 15.92
Csp International (MIL:CSP) 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.
Csp International Degree of Operating Leverage Related Terms
Csp International Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Csp International'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.
Csp International Degree of Operating Leverage Chart
MIL:CSP vs RL, LEVI, VFC: Degree of Operating Leverage Comparison
For the Apparel Manufacturing subindustry, Csp International'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.
Csp International Degree of Operating Leverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Csp International's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Csp International'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 15.92 mean?
Csp International (MIL:CSP) has a Degree of Operating Leverage of 15.92 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 Csp International and its competitors. According to the industry distribution chart, Csp International ranks #897 out of 1038 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.4%.
Is Csp International's Degree of Operating Leverage too high?
Csp International's current Degree of Operating Leverage is 15.92. The Manufacturing - Apparel & Accessories industry median Degree of Operating Leverage is 1.09. Csp International's value of 15.92 is 1367.3% above this industry median. Based on the distribution chart, Csp International ranks #897 out of 1038 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Csp International has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Csp International's Degree of Operating Leverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Csp International ranks #897 out of 1038 companies for Degree of Operating Leverage. This places Csp International in the lower half of its industry. The industry median Degree of Operating Leverage is 1.09. Csp International's value of 15.92 is 1367.3% 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 Manufacturing - Apparel & Accessories company?
The median Degree of Operating Leverage among Manufacturing - Apparel & Accessories companies is 1.09, based on 1,038 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. Csp International's current Degree of Operating Leverage of 15.92 is 1367.3% 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 Csp International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Degree of Operating Leverage is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Csp International's current Degree of Operating Leverage is 15.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Csp International stock overvalued right now?
Based on GuruFocus' analysis, Csp International (MIL:CSP) is currently considered Fairly Valued. The stock's GF Value™ is €0.30, compared to a current price of €0.29 — trading 3.3% below its estimated fair value. The current Degree of Operating Leverage is 15.92 and 1367.3% above the Manufacturing - Apparel & Accessories industry median of 1.09. Csp International's overall GF Score™ is 38/100 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 Csp International (MIL:CSP), the current Degree of Operating Leverage is 15.92 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 Csp International (MIL:CSP) Overvalued in 2026?
Based on GuruFocus' analysis, Csp International stock appears to be undervalued.
The current stock price of €0.29 is trading 3.3% below its estimated GF Value™ of €0.30.
GuruFocus considers Csp International to be Fairly Valued.
Key valuation signals for MIL:CSP:
Degree of Operating Leverage: 15.92
GF Value™: €0.30 vs. price of €0.29 (3.3% below fair value)
Industry Position: 1367.3% above the Manufacturing - Apparel & Accessories median (#897 of 1038)
No single metric tells the full story. See the MIL:CSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Csp International is an Italian based company. It operates in hosiery, bodywear and underwear sector. The company brands include Sanpellegrino, Oroblu, Lepel, Liberti, and Le Bourget. It operates in more than 35 countries. The company offers tights, stockings, corsetry, lingerie, beachwear and bath suits, and bodywear for women, as well as underwear for men.
38GF Score
Get the complete analysis for MIL:CSP
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
MIL:CSP has been successfully added to your 
