GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pescanova SA (FRA:PNV) » Definitions » Degree of Operating Leverage

Pescanova (FRA:PNV) Degree of Operating Leverage : 913.52 (As of May. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Pescanova Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Pescanova's Degree of Operating Leverage for the quarter that ended in May. 2024 was 913.52. The higher Degree of Operating Leverage, the higher operating risk the company will take.

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

FRA:PNV's Degree of Operating Leverage is ranked worse than
99.51% of 1849 companies
in the Consumer Packaged Goods industry
Industry Median: 1.18 vs FRA:PNV: 913.52

Pescanova Degree of Operating Leverage Historical Data

The historical data trend for Pescanova'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.

* Premium members only.

Pescanova Degree of Operating Leverage Chart

Pescanova Annual Data
Trend Dec12 Dec13 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.12 - - -46.10

Pescanova Semi-Annual Data
Dec12 Dec13 Jun14 May15 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 - - - -46.10 913.52

Competitive Comparison of Pescanova's Degree of Operating Leverage

For the Farm Products subindustry, Pescanova'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.


Pescanova's Degree of Operating Leverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pescanova's Degree of Operating Leverage distribution charts can be found below:

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



Pescanova Degree of Operating Leverage Calculation

Pescanova's Degree of Operating Leverage for the quarter that ended in May. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 8.662 (May. 2024) / 0.138 (May. 2023) - 1 )/( 0.3 (May. 2024) / 0.281 (May. 2023) - 1 )
=61.7681/0.0676
=913.52***

* 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.


Pescanova  (FRA:PNV) 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.


Pescanova Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of Pescanova's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Pescanova Business Description

Traded in Other Exchanges
Address
Rua Jose Fernandez Lopez, Pontevedra, ESP, 36320
Pescanova SA through its engages in the fishing business. It is involved in the aquafarming and industrial exploitation of sea products. Its main activities include production, processing and distribution of fish as food products.

Pescanova Headlines

No Headlines