MGM China HoldingsMCHVF -14.67%79 Gross Margin % is 37.37% as of Dec. 2025, which is 14% above its 10-year median of 32.87. GuruFocus rates MCHVF with a GF Score™ of 79/100 and a GF Value™ of $2.25 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 790 Travel & Leisure companies, MGM China Holdings ranks worse than 60.89% on this metric.
The historical rank and industry rank for MGM China Holdings's Gross Margin % or its related term are showing as below:
MCHVF'
s Gross Margin % Range Over the Past 10 Years
Min: -10.13 Med: 32.87 Max: 37.81
Current: 37.45
During the past 13 years, the highestGross Margin % of MGM China Holdings was 37.81%. The lowest was -10.13%. And the median was 32.87%.
MCHVF's Gross Margin % is ranked worse than 60.89% of 790
companies
in the Travel & Leisure industry
Industry Median: 44.09
vs MCHVF: 37.45
MGM China Holdings had a gross margin of 37.37% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for MGM China Holdings was 0.00% per year.
MGM China Holdings (OTCPK:MCHVF) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
MGM China Holdings had a gross margin of 37.37% for the quarter that ended in Dec. 2025 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
MGM China Holdings Gross Margin % Related Terms
MGM China Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for MGM China Holdings's Gross Margin % 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.
MCHVF vs LVS, MGM, WYNN: Gross Margin % Comparison
For the Resorts & Casinos subindustry, MGM China Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.
MGM China Holdings Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM China Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where MGM China Holdings's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
MGM China Holdings (MCHVF) has a Gross Margin % of 37.37% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on MGM China Holdings and its competitors. This is 14% above median its historical median of 32.87. According to the industry distribution chart, MGM China Holdings ranks #481 out of 790 companies in the Travel & Leisure industry, placing it in the top 60.9%.
Is MGM China Holdings' Gross Margin % too high?
MGM China Holdings' current Gross Margin % of 37.37% is 14% above median its 10-year median of 32.87. The Travel & Leisure industry median Gross Margin % is 44.09. MGM China Holdings' value of 37.37% is 15.2% below this industry median. Based on the distribution chart, MGM China Holdings ranks #481 out of 790 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, MGM China Holdings has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MGM China Holdings' Gross Margin % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, MGM China Holdings ranks #481 out of 790 companies for Gross Margin %. This places MGM China Holdings in the lower half of its industry. The industry median Gross Margin % is 44.09. MGM China Holdings' value of 37.37% is 15.2% below this benchmark. While the company's 10-year median is 32.87 vs. the industry median of 44.09, MGM China Holdings has consistently been below 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 Gross Margin % for a Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.09, based on 790 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGM China Holdings's current Gross Margin % of 37.37% is 15.2% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on MGM China Holdings and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM China Holdings's current Gross Margin % is 37.37%, which is 14% above median its own 10-year median of 32.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGM China Holdings stock overvalued right now?
Based on GuruFocus' analysis, MGM China Holdings (MCHVF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.25, compared to a current price of $1.28 — trading 43.1% below its estimated fair value. The current Gross Margin % is 37.37%, which is 14% above median its 10-year median of 32.87 and 15.2% below the Travel & Leisure industry median of 44.09. MGM China Holdings' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For MGM China Holdings (MCHVF), the current Gross Margin % is 37.37% 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 MGM China Holdings (MCHVF) Overvalued in 2026?
Based on GuruFocus' analysis, MGM China Holdings stock appears to be undervalued.
The current stock price of $1.28 is trading 43.1% below its estimated GF Value™ of $2.25.
GuruFocus considers MGM China Holdings to be Significantly Undervalued.
Key valuation signals for MCHVF:
Gross Margin %: 37.37% (14% above median its 10-year median of 32.87)
GF Value™: $2.25 vs. price of $1.28 (43.1% below fair value)
Industry Position: 15.2% below the Travel & Leisure median (#481 of 790)
No single metric tells the full story. See the MCHVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGM China is one of six casino license holders in Macao. It operates two integrated resorts: the MGM Macau in the Peninsula and MGM Cotai in Cotai. The company is allowed to operate 750 gaming tables during its new 10-year concession period of 2023-32.
79GF Score
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