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Macau Legend DevelopmentHKSE:01680 15 Piotroski F-Score is 5 as of Aug. 14, 2026, which is at its 10-year median of 5.00. GuruFocus rates HKSE:01680 with a GF Score™ of 15/100 and a GF Value™ of HK$0.77 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 830 Travel & Leisure companies, Macau Legend Development ranks better than 52.17% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Macau Legend Development has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Macau Legend Development's Piotroski F-Score or its related term are showing as below:
HKSE:01680'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 7
Current: 5
During the past 13 years, the highest Piotroski F-Score of Macau Legend Development was 7. The lowest was 2. And the median was 5.
Macau Legend Development (HKSE:01680) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Macau Legend Development Piotroski F-Score Related Terms
Macau Legend Development Piotroski F-Score Historical Data
* 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.
HKSE:01680 vs LVS, MGM, WYNN: Piotroski F-Score Comparison
For the Resorts & Casinos subindustry, Macau Legend Development's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Macau Legend Development's Piotroski F-Score 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Macau Legend Development's current Net Income (TTM) was -1,566.4.
==> Negative ==> Score 0.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Macau Legend Development's current Cash Flow from Operations (TTM) was 176.3.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Macau Legend Development's return on assets of this year was -0.26633865. Macau Legend Development's return on assets of last year was -0.09072736.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Macau Legend Development's gearing of this year was 0.01739172. Macau Legend Development's gearing of last year was 0.0136882.
==> Last year is lower than this year ==> Score 0.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Macau Legend Development's current ratio of this year was 0.03534058. Macau Legend Development's current ratio of last year was 0.05974828.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Macau Legend Development's number of shares in issue this year was 623.219. Macau Legend Development's number of shares in issue last year was 623.219.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Macau Legend Development's gross margin of this year was -0.18614845. Macau Legend Development's gross margin of last year was -0.36897808.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Macau Legend Development's asset turnover of this year was 0.06097676. Macau Legend Development's asset turnover of last year was 0.05512854.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Macau Legend Development has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Macau Legend Development (HKSE:01680) has a Piotroski F-Score of 5 as of Aug. 14, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Macau Legend Development and its competitors. This is near median its historical median of 5.00. Over the past decade, Macau Legend Development's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Macau Legend Development ranks #397 out of 830 companies in the Travel & Leisure industry, placing it in the top 47.8%.
Is Macau Legend Development's Piotroski F-Score too high?
Macau Legend Development's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Travel & Leisure industry median Piotroski F-Score is 5.00. Macau Legend Development's value of 5 is 0% at this industry median. Based on the distribution chart, Macau Legend Development ranks #397 out of 830 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Macau Legend Development has a GF Score™ of 15/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Macau Legend Development's Piotroski F-Score compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Macau Legend Development ranks #397 out of 830 companies for Piotroski F-Score. This puts Macau Legend Development in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Macau Legend Development's value of 5 is 0% at this benchmark. Historically, Macau Legend Development's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Macau Legend Development has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Travel & Leisure company?
The median Piotroski F-Score among Travel & Leisure companies is 5.00, based on 830 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Macau Legend Development's current Piotroski F-Score of 5 is 0% at 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Macau Legend Development and its competitors. For the Travel & Leisure industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau Legend Development's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. 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?
Based on GuruFocus' analysis, Macau Legend Development (HKSE:01680) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.77, compared to a current price of HK$0.11 — trading 86.1% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Travel & Leisure industry median of 5.00. 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 Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Macau Legend Development (HKSE:01680), the current Piotroski F-Score is 5 as of Aug. 14, 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 Macau Legend Development (HKSE:01680) Overvalued in 2026?
Based on GuruFocus' analysis, Macau Legend Development stock appears to be undervalued.
The current stock price of HK$0.11 is trading 86.1% below its estimated GF Value™ of HK$0.77.
GuruFocus considers Macau Legend Development to be Possible Value Trap.
Key valuation signals for HKSE:01680:
Piotroski F-Score: 5 (near median its 10-year median of 5.00)
GF Value™: HK$0.77 vs. price of HK$0.11 (86.1% below fair value)
Industry Position: 0% at the Travel & Leisure median (#397 of 830)
No single metric tells the full story. See the HKSE:01680 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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