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Scatec ASASTECF 81 Degree of Operating Leverage is 29.84 as of Jun. 2026. GuruFocus rates STECF with a GF Score™ of 81/100 and a GF Value™ of $13.59. The stock has 8 warning signs investors should review. Among 408 Utilities - Independent Power Producers companies, Scatec ASA ranks worse than 93.14% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Scatec ASA's Degree of Operating Leverage for the quarter that ended in Jun. 2026 was 29.84. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Scatec ASA's Degree of Operating Leverage or its related term are showing as below:
STECF's Degree of Operating Leverage is ranked worse than 93.14% of 408
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.935
vs STECF: 29.84
Scatec ASA (OTCPK:STECF) 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.
Scatec ASA Degree of Operating Leverage Related Terms
Scatec ASA Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Scatec ASA'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.
Scatec ASA Degree of Operating Leverage Competitor Comparison
For the Utilities - Renewable subindustry, Scatec ASA'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.
Scatec ASA Degree of Operating Leverage vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Scatec ASA's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Scatec ASA'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 29.84 mean?
Scatec ASA (STECF) has a Degree of Operating Leverage of 29.84 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 Scatec ASA and its competitors. According to the industry distribution chart, Scatec ASA ranks #380 out of 408 companies in the Utilities - Independent Power Producers industry, placing it in the top 93.1%.
Is Scatec ASA's Degree of Operating Leverage too high?
Scatec ASA's current Degree of Operating Leverage is 29.84. The Utilities - Independent Power Producers industry median Degree of Operating Leverage is 0.94. Scatec ASA's value of 29.84 is 3091.4% above this industry median. Based on the distribution chart, Scatec ASA ranks #380 out of 408 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Scatec ASA has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Scatec ASA's Degree of Operating Leverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Scatec ASA ranks #380 out of 408 companies for Degree of Operating Leverage. This places Scatec ASA in the lower half of its industry. The industry median Degree of Operating Leverage is 0.94. Scatec ASA's value of 29.84 is 3091.4% 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 an Utilities - Independent Power Producers company?
The median Degree of Operating Leverage among Utilities - Independent Power Producers companies is 0.94, based on 408 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. Scatec ASA's current Degree of Operating Leverage of 29.84 is 3091.4% 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 Scatec ASA and its competitors. For the Utilities - Independent Power Producers industry, the median Degree of Operating Leverage is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scatec ASA's current Degree of Operating Leverage is 29.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scatec ASA stock overvalued right now?
Scatec ASA (STECF) has a current Degree of Operating Leverage of 29.84. The stock's GF Value™ is $13.59, compared to a current price of $12.60 — trading 7.3% below its estimated fair value. The current Degree of Operating Leverage is 29.84 and 3091.4% above the Utilities - Independent Power Producers industry median of 0.94. Scatec ASA's overall GF Score™ is 81/100 with 8 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 Scatec ASA (STECF), the current Degree of Operating Leverage is 29.84 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 Scatec ASA (STECF) Overvalued in 2026?
Based on GuruFocus' analysis, Scatec ASA stock appears to be undervalued.
The current stock price of $12.60 is trading 7.3% below its estimated GF Value™ of $13.59.
Key valuation signals for STECF:
Degree of Operating Leverage: 29.84
GF Value™: $13.59 vs. price of $12.60 (7.3% below fair value)
Industry Position: 3091.4% above the Utilities - Independent Power Producers median (#380 of 408)
No single metric tells the full story. See the STECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scatec ASA is a renewable energy solutions provider, developing, building, investing in, and operating renewable energy plants across different continents. The company's operating segments are Power Production (PP), Development and Construction, and Corporate. A majority of its revenue is generated from the Power Production segment, which manages the group's power-producing assets and derives its revenue from the production and sale of solar, wind, and hydro-generated electricity, mainly based on long-term Power Purchase Agreements or feed-in tariffs. Geographically, it derives maximum revenue from South Africa, followed by Botswana, Tunisia, the Netherlands, and other regions.
81GF Score
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