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Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Mikrofin osiguranje a.d's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was 0.43. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Mikrofin osiguranje a.d's Degree of Operating Leverage or its related term are showing as below:
XBLB:MKOS-R-A's Degree of Operating Leverage is not ranked
in the Insurance industry.
Industry Median: 1.19
vs XBLB:MKOS-R-A: 0.43
Mikrofin osiguranje a.d (XBLB:MKOS-R-A) 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.
Mikrofin osiguranje a.d Degree of Operating Leverage Related Terms
Mikrofin osiguranje a.d Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Mikrofin osiguranje a.d'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.
Mikrofin osiguranje a.d Degree of Operating Leverage Chart
XBLB:MKOS-R-A vs CB, PGR, TRV: Degree of Operating Leverage Comparison
For the Insurance - Property & Casualty subindustry, Mikrofin osiguranje a.d'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.
Mikrofin osiguranje a.d Degree of Operating Leverage vs Insurance Industry
For the Insurance industry and Financial Services sector, Mikrofin osiguranje a.d's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Mikrofin osiguranje a.d'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 0.43 mean?
Mikrofin osiguranje a.d (XBLB:MKOS-R-A) has a Degree of Operating Leverage of 0.43 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 Mikrofin osiguranje a.d and its competitors.
Is Mikrofin osiguranje a.d's Degree of Operating Leverage too high?
Mikrofin osiguranje a.d's current Degree of Operating Leverage is 0.43. The Insurance industry median Degree of Operating Leverage is 1.19. Mikrofin osiguranje a.d's value of 0.43 is 63.9% below this industry median. Overall, Mikrofin osiguranje a.d has a GF Score™ of 100/100, reflecting its overall financial health beyond just this single metric.
How does Mikrofin osiguranje a.d's Degree of Operating Leverage compare to CB and PGR?
Mikrofin osiguranje a.d's Degree of Operating Leverage of 0.43 can be compared against companies in the Insurance industry. The industry median Degree of Operating Leverage is 1.19. Mikrofin osiguranje a.d's value of 0.43 is 63.9% 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 an Insurance company?
The median Degree of Operating Leverage among Insurance companies is 1.19, based on 361 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. Mikrofin osiguranje a.d's current Degree of Operating Leverage of 0.43 is 63.9% 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 Mikrofin osiguranje a.d and its competitors. For the Insurance industry, the median Degree of Operating Leverage is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mikrofin osiguranje a.d's current Degree of Operating Leverage is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mikrofin osiguranje a.d stock overvalued right now?
Mikrofin osiguranje a.d (XBLB:MKOS-R-A) has a current Degree of Operating Leverage of 0.43. The stock's GF Value™ is BAM162.24, compared to a current price of BAM100.00 — trading 38.4% below its estimated fair value. The current Degree of Operating Leverage is 0.43 and 63.9% below the Insurance industry median of 1.19. Mikrofin osiguranje a.d's overall GF Score™ is 100/100 with 1 warning sign 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 Mikrofin osiguranje a.d (XBLB:MKOS-R-A), the current Degree of Operating Leverage is 0.43 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 Mikrofin osiguranje a.d (XBLB:MKOS-R-A) Overvalued in 2026?
Based on GuruFocus' analysis, Mikrofin osiguranje a.d stock appears to be undervalued.
The current stock price of BAM100.00 is trading 38.4% below its estimated GF Value™ of BAM162.24.
Key valuation signals for XBLB:MKOS-R-A:
Degree of Operating Leverage: 0.43
GF Value™: BAM162.24 vs. price of BAM100.00 (38.4% below fair value)
Industry Position: 63.9% below the Insurance median
No single metric tells the full story. See the XBLB:MKOS-R-A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mikrofin osiguranje a.d is engaged in offering insurance services in Bosnia and Herzegovina. The company provides insurance for accidents, vehicles, agriculture, transport, and health insurance.
100GF Score
Get the complete analysis for XBLB:MKOS-R-A
Degree of Operating Leverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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