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The historical rank and industry rank for Melco International Development's Return-on-Tangible-Asset or its related term are showing as below:
MDEVY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.67 Med: -0.28 Max: 24.7
Current: 1.77
During the past 13 years, Melco International Development's highest Return-on-Tangible-Asset was 24.70%. The lowest was -8.67%. And the median was -0.28%.
MDEVY's Return-on-Tangible-Asset is ranked worse than 57.41% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.86
vs MDEVY: 1.77
Melco International Development (OTCPK:MDEVY) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Melco International Development Return-on-Tangible-Asset Related Terms
Melco International Development Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart
MDEVY vs LVS, MGM, WYNN: Return-on-Tangible-Asset Comparison
For the Resorts & Casinos subindustry, Melco International Development's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Melco International Development's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Melco International Development's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 2.39% mean?
Melco International Development (MDEVY) has a Return-on-Tangible-Asset of 2.39% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Melco International Development and its competitors. According to the industry distribution chart, Melco International Development ranks #492 out of 857 companies in the Travel & Leisure industry, placing it in the top 57.4%.
Is Melco International Development's Return-on-Tangible-Asset too high?
Melco International Development's current Return-on-Tangible-Asset is 2.39%. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.86. Melco International Development's value of 2.39% is 16.4% below this industry median. Based on the distribution chart, Melco International Development ranks #492 out of 857 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Melco International Development has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melco International Development's Return-on-Tangible-Asset compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Melco International Development ranks #492 out of 857 companies for Return-on-Tangible-Asset. This places Melco International Development in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.86. Melco International Development's value of 2.39% is 16.4% 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 Return-on-Tangible-Asset for a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.86, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Melco International Development's current Return-on-Tangible-Asset of 2.39% is 16.4% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Melco International Development and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melco International Development's current Return-on-Tangible-Asset is 2.39%. 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 (MDEVY) is currently considered Possible Value Trap. The stock's GF Value™ is $2.87, compared to a current price of $2.14 — trading 25.4% below its estimated fair value. The current Return-on-Tangible-Asset is 2.39% and 16.4% below the Travel & Leisure industry median of 2.86. Melco International Development's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Melco International Development (MDEVY), the current Return-on-Tangible-Asset is 2.39% 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 (MDEVY) Overvalued in 2026?
Based on GuruFocus' analysis, Melco International Development stock appears to be undervalued.
The current stock price of $2.14 is trading 25.4% below its estimated GF Value™ of $2.87.
GuruFocus considers Melco International Development to be Possible Value Trap.
Key valuation signals for MDEVY:
Return-on-Tangible-Asset: 2.39%
GF Value™: $2.87 vs. price of $2.14 (25.4% below fair value)
Industry Position: 16.4% below the Travel & Leisure median (#492 of 857)
No single metric tells the full story. See the MDEVY 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.
73GF Score
Get the complete analysis for MDEVY
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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