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Melco International DevelopmentMDEVF 47 Operating Margin % is 13.16% as of Dec. 2025, which is 80% above its 10-year median of 7.30. GuruFocus rates MDEVF with a GF Scoreâ„¢ of 47/100 and a GF Valueâ„¢ of $0.60 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 842 Travel & Leisure companies, Melco International Development ranks better than 64.96% on this metric.
Melco International Development (OTCPK:MDEVF) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But NokiaÂ’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Melco International Development Operating Margin % Related Terms
Melco International Development Operating Margin % 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.
Melco International Development Operating Margin % Chart
MDEVF vs LVS, MGM, WYNN: Operating Margin % Comparison
For the Resorts & Casinos subindustry, Melco International Development's Operating Margin %, along with its competitors' market caps and Operating 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.
Melco International Development Operating Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Melco International Development's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Melco International Development's Operating Margin % falls into.
Melco International Development Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
* 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.
Melco International Development (MDEVF) has a Operating Margin % of 13.16% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Melco International Development and its competitors. This is 80% above median its historical median of 7.30. According to the industry distribution chart, Melco International Development ranks #295 out of 842 companies in the Travel & Leisure industry, placing it in the top 35%.
Is Melco International Development's Operating Margin % too high?
Melco International Development's current Operating Margin % of 13.16% is 80% above median its 10-year median of 7.30. The Travel & Leisure industry median Operating Margin % is 8.04. Melco International Development's value of 13.16% is 63.7% above this industry median. Based on the distribution chart, Melco International Development ranks #295 out of 842 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Melco International Development has a GF Scoreâ„¢ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melco International Development's Operating Margin % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Melco International Development ranks #295 out of 842 companies for Operating Margin %. This puts Melco International Development in the upper half of its industry. The industry median Operating Margin % is 8.04. Melco International Development's value of 13.16% is 63.7% above this benchmark. While the company's 10-year median is 7.30 vs. the industry median of 8.04, Melco International Development has consistently been above 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 Operating Margin % for a Travel & Leisure company?
The median Operating Margin % among Travel & Leisure companies is 8.04, based on 842 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Melco International Development's current Operating Margin % of 13.16% is 63.7% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Melco International Development and its competitors. For the Travel & Leisure industry, the median Operating Margin % is 8.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melco International Development's current Operating Margin % is 13.16%, which is 80% above median its own 10-year median of 7.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melco International Development stock overvalued right now?
Based on GuruFocus' analysis, Melco International Development (MDEVF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.60, compared to a current price of $0.44 — trading 25.9% below its estimated fair value. The current Operating Margin % is 13.16%, which is 80% above median its 10-year median of 7.30 and 63.7% above the Travel & Leisure industry median of 8.04. Melco International Development's overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Melco International Development (MDEVF), the current Operating Margin % is 13.16% 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 Melco International Development (MDEVF) Overvalued in 2026?
Based on GuruFocus' analysis, Melco International Development stock appears to be undervalued.
The current stock price of $0.44 is trading 25.9% below its estimated GF Value™ of $0.60.
GuruFocus considers Melco International Development to be Possible Value Trap.
Key valuation signals for MDEVF:
Operating Margin %: 13.16% (80% above median its 10-year median of 7.30)
GF Value™: $0.60 vs. price of $0.44 (25.9% below fair value)
Industry Position: 63.7% above the Travel & Leisure median (#295 of 842)
No single metric tells the full story. See the MDEVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melco International Development Ltd is a developer, owner, and operator of an international network of casino gaming and entertainment resorts. Its segments are the Casino and Hospitality segment, which generates maximum revenue, comprises the operation of casinos and the provision of hospitality services and facilities through Melco Resorts. Its resorts and properties include City of Dreams Cotai, Altira Macau, and Mocha Clubs in Macau; City of Dreams Manila in the Philippines; and City of Dreams Mediterranean and Cyprus Casinos in Cyprus. The Other segment comprises investments in a joint venture and associates, and other activities. Its operations are mainly located in Macau, the Philippines, Cyprus, and other regions, with maximum revenue derived from Macau.
47GF Score
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