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Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
ASMALLWORLD AG's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was 11.40. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for ASMALLWORLD AG's Degree of Operating Leverage or its related term are showing as below:
XSWX:ASWN's Degree of Operating Leverage is ranked worse than 84.18% of 828
companies
in the Travel & Leisure industry
Industry Median: 1.05
vs XSWX:ASWN: 11.40
ASMALLWORLD AG (XSWX:ASWN) 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.
ASMALLWORLD AG Degree of Operating Leverage Related Terms
ASMALLWORLD AG Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for ASMALLWORLD AG'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.
XSWX:ASWN vs BKNG, ABNB, RCL: Degree of Operating Leverage Comparison
For the Travel Services subindustry, ASMALLWORLD AG'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.
ASMALLWORLD AG Degree of Operating Leverage vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, ASMALLWORLD AG's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where ASMALLWORLD AG'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 11.40 mean?
ASMALLWORLD AG (XSWX:ASWN) has a Degree of Operating Leverage of 11.40 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 ASMALLWORLD AG and its competitors. According to the industry distribution chart, ASMALLWORLD AG ranks #697 out of 828 companies in the Travel & Leisure industry, placing it in the top 84.2%.
Is ASMALLWORLD AG's Degree of Operating Leverage too high?
ASMALLWORLD AG's current Degree of Operating Leverage is 11.40. The Travel & Leisure industry median Degree of Operating Leverage is 1.05. ASMALLWORLD AG's value of 11.40 is 985.7% above this industry median. Based on the distribution chart, ASMALLWORLD AG ranks #697 out of 828 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, ASMALLWORLD AG has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ASMALLWORLD AG's Degree of Operating Leverage compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, ASMALLWORLD AG ranks #697 out of 828 companies for Degree of Operating Leverage. This places ASMALLWORLD AG in the lower half of its industry. The industry median Degree of Operating Leverage is 1.05. ASMALLWORLD AG's value of 11.40 is 985.7% 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 Travel & Leisure company?
The median Degree of Operating Leverage among Travel & Leisure companies is 1.05, based on 828 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. ASMALLWORLD AG's current Degree of Operating Leverage of 11.40 is 985.7% 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 ASMALLWORLD AG and its competitors. For the Travel & Leisure industry, the median Degree of Operating Leverage is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASMALLWORLD AG's current Degree of Operating Leverage is 11.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASMALLWORLD AG stock overvalued right now?
Based on GuruFocus' analysis, ASMALLWORLD AG (XSWX:ASWN) is currently considered Possible Value Trap. The stock's GF Value™ is CHF1.21, compared to a current price of CHF0.62 — trading 49.2% below its estimated fair value. The current Degree of Operating Leverage is 11.40 and 985.7% above the Travel & Leisure industry median of 1.05. ASMALLWORLD AG's overall GF Score™ is 60/100 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 ASMALLWORLD AG (XSWX:ASWN), the current Degree of Operating Leverage is 11.40 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 ASMALLWORLD AG (XSWX:ASWN) Overvalued in 2026?
Based on GuruFocus' analysis, ASMALLWORLD AG stock appears to be undervalued.
The current stock price of CHF0.62 is trading 49.2% below its estimated GF Value™ of CHF1.21.
GuruFocus considers ASMALLWORLD AG to be Possible Value Trap.
Key valuation signals for XSWX:ASWN:
Degree of Operating Leverage: 11.40
GF Value™: CHF1.21 vs. price of CHF0.62 (49.2% below fair value)
Industry Position: 985.7% above the Travel & Leisure median (#697 of 828)
No single metric tells the full story. See the XSWX:ASWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASMALLWORLD AG operates a digital travel and lifestyle eco-system. The members of the ASMALLWORLD social network connect through its app and website, where the users can book hotels, meet other members, engage in online discussions, receive travel and lifestyle inspiration, and enjoy a wealth of travel privileges. Users also connect during ASMALLWORLD events every year, ranging from casual get-togethers in cities around the world, access to exclusive launches, shows, galas, exhibitions, sporting events, etc. The company has two operating segments: Subscriptions and Services. Maximum revenue is generated from the Subscription segment, which allows members to use one of its services for a predefined period of time (usually a year), for which members will pay a membership fee.
60GF Score
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