PITAF (Poste Italiane SpA) Degree of Operating Leverage : 2.22 (As of Jun. 2026)

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PITAF Poste Italiane SpA PITAF
60 GF Score
Price $31.40
GF Value $12.00
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Poste Italiane SpA Degree of Operating Leverage?

Poste Italiane SpA PITAF 60 Degree of Operating Leverage is 2.22 as of Jun. 2026. GuruFocus rates PITAF with a GF Score™ of 60/100 and a GF Value™ of $12.00 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 526 Conglomerates companies, Poste Italiane SpA ranks worse than 60.65% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Poste Italiane SpA's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 2.22. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Poste Italiane SpA's Degree of Operating Leverage or its related term are showing as below:

PITAF's Degree of Operating Leverage is ranked worse than
60.65% of 526 companies
in the Conglomerates industry
Industry Median: 1.08 vs PITAF: 2.22

Poste Italiane SpA  (OTCPK:PITAF) 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.


Poste Italiane SpA Degree of Operating Leverage Related Terms


Poste Italiane SpA Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for Poste Italiane SpA'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.

Poste Italiane SpA Degree of Operating Leverage Chart

Poste Italiane SpA 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 6.10 -0.33 1.51 -0.41 46.19

Poste Italiane SpA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.70 0.23 46.19 6.14 2.22

PITAF vs MMM, HON: Degree of Operating Leverage Comparison

For the Conglomerates subindustry, Poste Italiane SpA'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.


Poste Italiane SpA Degree of Operating Leverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Poste Italiane SpA's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Poste Italiane SpA's Degree of Operating Leverage falls into.


PITAF
60GF Score
Poste Italiane SpA PITAF
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Poste Italiane SpA Degree of Operating Leverage Calculation

Poste Italiane SpA's Degree of Operating Leverage for the quarter that ended in Jun. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 4086.6 (Jun. 2026) / 3208.064 (Jun. 2025) - 1 )/( 31952.617 (Jun. 2026) / 27168.05 (Jun. 2025) - 1 )
=0.2739/0.1761
=1.56***

* 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 2.22 mean?
Poste Italiane SpA (PITAF) has a Degree of Operating Leverage of 2.22 as of Jun. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for Poste Italiane SpA and its competitors. According to the industry distribution chart, Poste Italiane SpA ranks #319 out of 526 companies in the Conglomerates industry, placing it in the top 60.6%.
Is Poste Italiane SpA's Degree of Operating Leverage too high?
Poste Italiane SpA's current Degree of Operating Leverage is 2.22. The Conglomerates industry median Degree of Operating Leverage is 1.08. Poste Italiane SpA's value of 2.22 is 105.6% above this industry median. Based on the distribution chart, Poste Italiane SpA ranks #319 out of 526 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Poste Italiane SpA has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Poste Italiane SpA's Degree of Operating Leverage compare to MMM and HON?
According to the Conglomerates industry distribution chart, Poste Italiane SpA ranks #319 out of 526 companies for Degree of Operating Leverage. This places Poste Italiane SpA in the lower half of its industry. The industry median Degree of Operating Leverage is 1.08. Poste Italiane SpA's value of 2.22 is 105.6% 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 1.08, based on 526 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. Poste Italiane SpA's current Degree of Operating Leverage of 2.22 is 105.6% 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 Poste Italiane SpA and its competitors. For the Conglomerates industry, the median Degree of Operating Leverage is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Poste Italiane SpA's current Degree of Operating Leverage is 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poste Italiane SpA stock overvalued right now?
Based on GuruFocus' analysis, Poste Italiane SpA (PITAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.00, compared to a current price of $31.40 — trading 161.6% above its estimated fair value. The current Degree of Operating Leverage is 2.22 and 105.6% above the Conglomerates industry median of 1.08. Poste Italiane SpA's overall GF Score™ is 60/100 with 6 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 Poste Italiane SpA (PITAF), the current Degree of Operating Leverage is 2.22 as of Jun. 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 Poste Italiane SpA (PITAF) Overvalued in 2026?

Based on GuruFocus' analysis, Poste Italiane SpA stock appears to be overvalued. The current stock price of $31.40 is trading 161.6% above its estimated GF Value™ of $12.00. GuruFocus considers Poste Italiane SpA to be Significantly Overvalued.

Key valuation signals for PITAF:

  • Degree of Operating Leverage: 2.22
  • GF Value™: $12.00 vs. price of $31.40 (161.6% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 105.6% above the Conglomerates median (#319 of 526)

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


Poste Italiane SpA Business Description

Address Viale Europa, 190, Rome, ITA, 00144
Poste Italiane SpA is an Italian diversified financial-services company. The company's operating segments are Mail, parcels, and distribution; Postepay services; Financial services; and Insurance services. The Postepay services segment generates maximum revenue. It encompasses payment management and e-money services, also carried out through the LIS point-of-sale network, as well as mobile and fixed-line telephony services and electricity and gas marketing. Geographically, the company has a presence in Italy, but also elsewhere in Europe, the Americas, and Asia.
60GF Score

Get the complete analysis for PITAF

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

$31.40
Price
$12.00
GF Value