Manila Broadcasting Co (PHS:MBC) Degree of Operating Leverage : 0.71 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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PHS:MBC Manila Broadcasting Co PHS:MBC
72 GF Score
Price ₱5.11
GF Value ₱8.27
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Manila Broadcasting Co Degree of Operating Leverage?

Manila Broadcasting Co PHS:MBC -0.20% 72 Degree of Operating Leverage is 0.71 as of Mar. 2026. GuruFocus rates PHS:MBC with a GF Score™ of 72/100 and a GF Value™ of ₱8.27 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 986 Media - Diversified companies, Manila Broadcasting Co ranks better than 53.35% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Manila Broadcasting Co's Degree of Operating Leverage for the quarter that ended in Mar. 2026 was 0.71. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Manila Broadcasting Co's Degree of Operating Leverage or its related term are showing as below:

PHS:MBC's Degree of Operating Leverage is ranked better than
53.35% of 986 companies
in the Media - Diversified industry
Industry Median: 1.01 vs PHS:MBC: 0.71

Manila Broadcasting Co  (PHS:MBC) 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.


Manila Broadcasting Co Degree of Operating Leverage Related Terms


Manila Broadcasting Co Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for Manila Broadcasting 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.

Manila Broadcasting Co Degree of Operating Leverage Chart

Manila Broadcasting Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 1.82 2.92 8.80 0.88

Manila Broadcasting Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.18 3.22 -0.41 0.88 0.71

PHS:MBC vs NXST: Degree of Operating Leverage Comparison

For the Broadcasting subindustry, Manila Broadcasting 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.


Manila Broadcasting Co Degree of Operating Leverage vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Manila Broadcasting Co's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Manila Broadcasting Co's Degree of Operating Leverage falls into.


PHS:MBC
72GF Score
Manila Broadcasting Co PHS:MBC
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manila Broadcasting Co Degree of Operating Leverage Calculation

Manila Broadcasting Co's Degree of Operating Leverage for the quarter that ended in Mar. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 187.383 (Mar. 2026) / 165.077 (Mar. 2025) - 1 )/( 1361.789 (Mar. 2026) / 1144.662 (Mar. 2025) - 1 )
=0.1351/0.1897
=0.71***

* 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 0.71 mean?
Manila Broadcasting Co (PHS:MBC) has a Degree of Operating Leverage of 0.71 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 Manila Broadcasting Co and its competitors. According to the industry distribution chart, Manila Broadcasting Co ranks #460 out of 986 companies in the Media - Diversified industry, placing it in the top 46.7%.
Is Manila Broadcasting Co's Degree of Operating Leverage too high?
Manila Broadcasting Co's current Degree of Operating Leverage is 0.71. The Media - Diversified industry median Degree of Operating Leverage is 1.01. Manila Broadcasting Co's value of 0.71 is 29.7% below this industry median. Based on the distribution chart, Manila Broadcasting Co ranks #460 out of 986 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Manila Broadcasting Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manila Broadcasting Co's Degree of Operating Leverage compare to NXST?
According to the Media - Diversified industry distribution chart, Manila Broadcasting Co ranks #460 out of 986 companies for Degree of Operating Leverage. This puts Manila Broadcasting Co in the upper half of its industry. The industry median Degree of Operating Leverage is 1.01. Manila Broadcasting Co's value of 0.71 is 29.7% below 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 Media - Diversified company?
The median Degree of Operating Leverage among Media - Diversified companies is 1.01, based on 986 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. Manila Broadcasting Co's current Degree of Operating Leverage of 0.71 is 29.7% below 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 Manila Broadcasting Co and its competitors. For the Media - Diversified industry, the median Degree of Operating Leverage is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Broadcasting Co's current Degree of Operating Leverage is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Broadcasting Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Broadcasting Co (PHS:MBC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱8.27, compared to a current price of ₱5.11 — trading 38.2% below its estimated fair value. The current Degree of Operating Leverage is 0.71 and 29.7% below the Media - Diversified industry median of 1.01. Manila Broadcasting Co's overall GF Score™ is 72/100 with 2 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 Manila Broadcasting Co (PHS:MBC), the current Degree of Operating Leverage is 0.71 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 Manila Broadcasting Co (PHS:MBC) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Broadcasting Co stock appears to be undervalued. The current stock price of ₱5.11 is trading 38.2% below its estimated GF Value™ of ₱8.27. GuruFocus considers Manila Broadcasting Co to be Significantly Undervalued.

Key valuation signals for PHS:MBC:

  • Degree of Operating Leverage: 0.71
  • GF Value™: ₱8.27 vs. price of ₱5.11 (38.2% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 29.7% below the Media - Diversified median (#460 of 986)

No single metric tells the full story. See the PHS:MBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manila Broadcasting Co Business Description

Address Vicente Sotto Street, MBC Building, CCP Complex, Pasay City, PHL, 1307
Manila Broadcasting Co is mainly engaged in the business of radio broadcasting. The Company is organized into only one operating division, radio broadcasting, which is its primary activity. The Group has one geographical segment and derives substantially of its revenues from domestic operations. The company's products are RADIO, TV, DIGITAL, EVENTS, PROMOS, TALENTS.
72GF Score

Get the complete analysis for PHS:MBC

Degree of Operating Leverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱5.11
Price
₱8.27
GF Value