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Swire PropertiesSWPFF 70 Degree of Operating Leverage is -5.91 as of Dec. 2025. GuruFocus rates SWPFF with a GF Score™ of 70/100 and a GF Value™ of $2.30 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,694 Real Estate companies, Swire Properties ranks better than 87.07% on this metric.
Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Swire Properties's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was -5.91. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Swire Properties's Degree of Operating Leverage or its related term are showing as below:
SWPFF's Degree of Operating Leverage is ranked better than 87.07% of 1694
companies
in the Real Estate industry
Industry Median: 0.87
vs SWPFF: -5.91
Swire Properties (OTCPK:SWPFF) 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.
Swire Properties Degree of Operating Leverage Related Terms
Swire Properties Degree of Operating Leverage Historical Data
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The historical data trend for Swire Properties'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.
Swire Properties Degree of Operating Leverage Chart
SWPFF vs CBRE, BEKE, JLL: Degree of Operating Leverage Comparison
For the Real Estate Services subindustry, Swire Properties'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.
Swire Properties Degree of Operating Leverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Swire Properties's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Swire Properties'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 -5.91 mean?
Swire Properties (SWPFF) has a Degree of Operating Leverage of -5.91 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 Swire Properties and its competitors. According to the industry distribution chart, Swire Properties ranks #219 out of 1694 companies in the Real Estate industry, placing it in the top 12.9%.
Is Swire Properties' Degree of Operating Leverage too high?
Swire Properties' current Degree of Operating Leverage is -5.91. Based on the distribution chart, Swire Properties ranks #219 out of 1694 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Swire Properties has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swire Properties' Degree of Operating Leverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Swire Properties ranks #219 out of 1694 companies for Degree of Operating Leverage. This places Swire Properties in the top 13% of its industry — outperforming the majority of peers. The industry median Degree of Operating Leverage is 0.87. 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 Real Estate company?
The median Degree of Operating Leverage among Real Estate companies is 0.87, based on 1,694 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 Swire Properties and its competitors. For the Real Estate industry, the median Degree of Operating Leverage is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swire Properties's current Degree of Operating Leverage is -5.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swire Properties stock overvalued right now?
Based on GuruFocus' analysis, Swire Properties (SWPFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.30, compared to a current price of $2.75 — trading 19.6% above its estimated fair value. The current Degree of Operating Leverage is -5.91. Swire Properties' overall GF Score™ is 70/100 with 5 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 Swire Properties (SWPFF), the current Degree of Operating Leverage is -5.91 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 Swire Properties (SWPFF) Overvalued in 2026?
Based on GuruFocus' analysis, Swire Properties stock appears to be overvalued.
The current stock price of $2.75 is trading 19.6% above its estimated GF Value™ of $2.30.
GuruFocus considers Swire Properties to be Modestly Overvalued.
Key valuation signals for SWPFF:
Degree of Operating Leverage: -5.91
GF Value™: $2.30 vs. price of $2.75 (19.6% above fair value)
No single metric tells the full story. See the SWPFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swire Properties is a Hong Kong-based property investor and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of grade A office contributing over 9 million square feet. The firm also holds investment properties and development projects in China, the United States, and Southeast Asia. Rental income accounts for more than 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 83% stake.
70GF Score
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