CEWE Stiftung KGaA (XSWX:CWC) Degree of Operating Leverage : 0.81 (As of Mar. 2026)


XSWX:CWC CEWE Stiftung & Co KGaA XSWX:CWC
76 GF Score
Price CHF88.40
GF Value CHF133.39
! 3 Warning Signs
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What is CEWE Stiftung KGaA Degree of Operating Leverage?

CEWE Stiftung KGaA XSWX:CWC 76 Degree of Operating Leverage is 0.81 as of Mar. 2026. GuruFocus rates XSWX:CWC with a GF Score™ of 76/100 and a GF Value™ of CHF133.39. The stock has 3 warning signs investors should review. Among 92 Personal Services companies, CEWE Stiftung KGaA ranks worse than 52.17% on this metric.

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. CEWE Stiftung KGaA's Degree of Operating Leverage for the quarter that ended in Mar. 2026 was 0.81. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for CEWE Stiftung KGaA's Degree of Operating Leverage or its related term are showing as below:

XSWX:CWC's Degree of Operating Leverage is ranked worse than
52.17% of 92 companies
in the Personal Services industry
Industry Median: 0.68 vs XSWX:CWC: 0.81

CEWE Stiftung KGaA  (XSWX:CWC) 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.


CEWE Stiftung KGaA Degree of Operating Leverage Related Terms


CEWE Stiftung KGaA Degree of Operating Leverage Historical Data

* Premium members only.

The historical data trend for CEWE Stiftung KGaA'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.

CEWE Stiftung KGaA Degree of Operating Leverage Chart

CEWE Stiftung KGaA 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 1.70 0.24 -0.29 -0.20 0.22

CEWE Stiftung KGaA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -1.22 -2.05 -1.90 0.22 0.81

XSWX:CWC vs ROL, SCI, HRB: Degree of Operating Leverage Comparison

For the Personal Services subindustry, CEWE Stiftung KGaA'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.


CEWE Stiftung KGaA Degree of Operating Leverage vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, CEWE Stiftung KGaA's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where CEWE Stiftung KGaA's Degree of Operating Leverage falls into.


XSWX:CWC
76GF Score
CEWE Stiftung & Co KGaA XSWX:CWC
Degree of Operating Leverage is just one metric. See GF Score™, valuation, warning signs, and more.
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CEWE Stiftung KGaA Degree of Operating Leverage Calculation

CEWE Stiftung KGaA's Degree of Operating Leverage for the quarter that ended in Mar. 2026 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 81.385 (Mar. 2026) / 79.216 (Mar. 2025) - 1 )/( 323.773 (Mar. 2026) / 323.791 (Mar. 2025) - 1 )
=0.0274/-0.0001
=-492.54***

* 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 0.81 mean?
CEWE Stiftung KGaA (XSWX:CWC) has a Degree of Operating Leverage of 0.81 as of Mar. 2026. Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. View historical data for CEWE Stiftung KGaA and its competitors. According to the industry distribution chart, CEWE Stiftung KGaA ranks #48 out of 92 companies in the Personal Services industry, placing it in the top 52.2%.
Is CEWE Stiftung KGaA's Degree of Operating Leverage too high?
CEWE Stiftung KGaA's current Degree of Operating Leverage is 0.81. The Personal Services industry median Degree of Operating Leverage is 0.68. CEWE Stiftung KGaA's value of 0.81 is 19.1% above this industry median. Based on the distribution chart, CEWE Stiftung KGaA ranks #48 out of 92 companies in the Personal Services industry, which is below the industry midpoint. Overall, CEWE Stiftung KGaA has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does CEWE Stiftung KGaA's Degree of Operating Leverage compare to ROL and SCI?
According to the Personal Services industry distribution chart, CEWE Stiftung KGaA ranks #48 out of 92 companies for Degree of Operating Leverage. This places CEWE Stiftung KGaA in the lower half of its industry. The industry median Degree of Operating Leverage is 0.68. CEWE Stiftung KGaA's value of 0.81 is 19.1% 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 Personal Services company?
The median Degree of Operating Leverage among Personal Services companies is 0.68, based on 92 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. CEWE Stiftung KGaA's current Degree of Operating Leverage of 0.81 is 19.1% 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 CEWE Stiftung KGaA and its competitors. For the Personal Services industry, the median Degree of Operating Leverage is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEWE Stiftung KGaA's current Degree of Operating Leverage is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEWE Stiftung KGaA stock overvalued right now?
CEWE Stiftung KGaA (XSWX:CWC) has a current Degree of Operating Leverage of 0.81. The stock's GF Value™ is CHF133.39, compared to a current price of CHF88.40 — trading 33.7% below its estimated fair value. The current Degree of Operating Leverage is 0.81 and 19.1% above the Personal Services industry median of 0.68. CEWE Stiftung KGaA's overall GF Score™ is 76/100 with 3 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 CEWE Stiftung KGaA (XSWX:CWC), the current Degree of Operating Leverage is 0.81 as of Mar. 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 CEWE Stiftung KGaA (XSWX:CWC) Overvalued in 2026?

Based on GuruFocus' analysis, CEWE Stiftung KGaA stock appears to be undervalued. The current stock price of CHF88.40 is trading 33.7% below its estimated GF Value™ of CHF133.39.

Key valuation signals for XSWX:CWC:

  • Degree of Operating Leverage: 0.81
  • GF Value™: CHF133.39 vs. price of CHF88.40 (33.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 19.1% above the Personal Services median (#48 of 92)

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


CEWE Stiftung KGaA Business Description

Address Meerweg 30 - 32, Oldenburg, NI, DEU, 26133
CEWE Stiftung & Co KGaA is a German-based company which provides photo service, photo retail business, and commercial online printing. The company operates a business through three segments through photofinishing, retail, and commercial online printing. Its Photofinishing segment works on the printing of photos of analogue or digital origin. Retail unit trades photo hardware and photo products to end consumers using various brands such as Fotojoker, Fotolab and Japan Photo, among others. The Online Printing unit operates through online printing portals, such as www.cewe-print.de and others. The company derives it's majority of the revenue from photofinishing activity in Germany.
76GF Score

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

CHF88.40
Price
CHF133.39
GF Value