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Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue.
Macau Legend Development's Degree of Operating Leverage for the quarter that ended in Dec. 2025 was -21.06. The higher Degree of Operating Leverage, the higher operating risk the company will take.
The industry rank for Macau Legend Development's Degree of Operating Leverage or its related term are showing as below:
MALDF's Degree of Operating Leverage is ranked better than 90.22% of 828
companies
in the Travel & Leisure industry
Industry Median: 0.89
vs MALDF: -21.06
Macau Legend Development (OTCPK:MALDF) 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.
Macau Legend Development Degree of Operating Leverage Related Terms
Macau Legend Development Degree of Operating Leverage Historical Data
* Premium members only.
The historical data trend for Macau Legend Development'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.
Macau Legend Development Degree of Operating Leverage Chart
MALDF vs LVS, MGM, WYNN: Degree of Operating Leverage Comparison
For the Resorts & Casinos subindustry, Macau Legend Development'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.
Macau Legend Development Degree of Operating Leverage vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's Degree of Operating Leverage distribution charts can be found below:
* The bar in red indicates where Macau Legend Development'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 -21.06 mean?
Macau Legend Development (MALDF) has a Degree of Operating Leverage of -21.06 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 Macau Legend Development and its competitors. According to the industry distribution chart, Macau Legend Development ranks #81 out of 828 companies in the Travel & Leisure industry, placing it in the top 9.8%.
Is Macau Legend Development's Degree of Operating Leverage too high?
Macau Legend Development's current Degree of Operating Leverage is -21.06. Based on the distribution chart, Macau Legend Development ranks #81 out of 828 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Macau Legend Development has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Macau Legend Development's Degree of Operating Leverage compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Macau Legend Development ranks #81 out of 828 companies for Degree of Operating Leverage. This places Macau Legend Development in the top 10% of its industry — outperforming the majority of peers. The industry median Degree of Operating Leverage is 0.89. 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 0.89, 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. 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 Macau Legend Development and its competitors. For the Travel & Leisure industry, the median Degree of Operating Leverage is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau Legend Development's current Degree of Operating Leverage is -21.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macau Legend Development stock overvalued right now?
Macau Legend Development (MALDF) has a current Degree of Operating Leverage of -21.06. The stock's GF Value™ is $0.14, compared to a current price of $0.02 — trading 85% below its estimated fair value. The current Degree of Operating Leverage is -21.06. Macau Legend Development's overall GF Score™ is 15/100 with 4 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 Macau Legend Development (MALDF), the current Degree of Operating Leverage is -21.06 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 Macau Legend Development (MALDF) Overvalued in 2026?
Based on GuruFocus' analysis, Macau Legend Development stock appears to be undervalued.
The current stock price of $0.02 is trading 85% below its estimated GF Value™ of $0.14.
Key valuation signals for MALDF:
Degree of Operating Leverage: -21.06
GF Value™: $0.14 vs. price of $0.02 (85% below fair value)
No single metric tells the full story. See the MALDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macau Legend Development Ltd is an investment holdings company. Its businesses include the provision of gaming services to SJM 's casino in its property, namely the Legend Palace Casino in MFW under the Service Agreement; and the operation of hotels, entertainment and leisure facilities within its properties. The company's segment includes: Gaming and Non-gaming. It derives maximum revenue from Non-Gaming segment, which includes operations at MFW including hotel and other operations such as licensing income from the shops, provision of building management service, food and beverage and others. The Group's operations are located on Macau and others (including Cambodia and Cape Verde).
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