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Melco International Development (FRA:MX7A) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Melco International Development Pretax Margin % Related Terms
Melco International Development Pretax 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 Pretax Margin % Chart
FRA:MX7A vs LVS, MGM, WYNN: Pretax Margin % Comparison
For the Resorts & Casinos subindustry, Melco International Development's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Melco International Development's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Melco International Development's Pretax 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.
Melco International Development (FRA:MX7A) has a Pretax Margin % of 4.58% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Melco International Development and its competitors. According to the industry distribution chart, Melco International Development ranks #484 out of 843 companies in the Travel & Leisure industry, placing it in the top 57.4%.
Is Melco International Development's Pretax Margin % too high?
Melco International Development's current Pretax Margin % is 4.58%. The Travel & Leisure industry median Pretax Margin % is 6.11. Melco International Development's value of 4.58% is 25% below this industry median. Based on the distribution chart, Melco International Development ranks #484 out of 843 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Melco International Development has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Melco International Development's Pretax Margin % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Melco International Development ranks #484 out of 843 companies for Pretax Margin %. This places Melco International Development in the lower half of its industry. The industry median Pretax Margin % is 6.11. Melco International Development's value of 4.58% is 25% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.11, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Melco International Development's current Pretax Margin % of 4.58% is 25% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Melco International Development and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melco International Development's current Pretax Margin % is 4.58%. 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?
Melco International Development (FRA:MX7A) has a current Pretax Margin % of 4.58%. The stock's GF Value™ is €0.48, compared to a current price of €0.36 — trading 25.4% below its estimated fair value. The current Pretax Margin % is 4.58% and 25% below the Travel & Leisure industry median of 6.11. Melco International Development's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Melco International Development (FRA:MX7A), the current Pretax Margin % is 4.58% 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 (FRA:MX7A) Overvalued in 2026?
Based on GuruFocus' analysis, Melco International Development stock appears to be undervalued.
The current stock price of €0.36 is trading 25.4% below its estimated GF Value™ of €0.48.
Key valuation signals for FRA:MX7A:
Pretax Margin %: 4.58%
GF Value™: €0.48 vs. price of €0.36 (25.4% below fair value)
Industry Position: 25% below the Travel & Leisure median (#484 of 843)
No single metric tells the full story. See the FRA:MX7A 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.
82GF Score
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