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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Macau Legend Development's annualizedNet Income for the quarter that ended in Dec. 2025 was $-37.42 Mil.
Macau Legend Development's average Total Assets over the quarter that ended in Dec. 2025 was $567.99 Mil. Therefore, Macau Legend Development's annualized ROA % for the quarter that ended in Dec. 2025 was -6.59%.
The historical rank and industry rank for Macau Legend Development's ROA % or its related term are showing as below:
MALDF'
s ROA % Range Over the Past 10 Years
Min: -31.84 Med: -6.23 Max: 17.35
Current: -31.84
During the past 13 years, Macau Legend Development's highest ROA % was 17.35%. The lowest was -31.84%. And the median was -6.23%.
MALDF's ROA % is ranked worse than 96.5% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.56
vs MALDF: -31.84
Macau Legend Development (OTCPK:MALDF) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Resorts & Casinos subindustry, Macau Legend Development's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's ROA % distribution charts can be found below:
* The bar in red indicates where Macau Legend Development's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Macau Legend Development (MALDF) has a ROA % of -6.59% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Macau Legend Development and its competitors. According to the industry distribution chart, Macau Legend Development ranks #827 out of 857 companies in the Travel & Leisure industry, placing it in the top 96.5%.
Is Macau Legend Development's ROA % too high?
Macau Legend Development's current ROA % is -6.59%. Based on the distribution chart, Macau Legend Development ranks #827 out of 857 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Macau Legend Development has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Macau Legend Development's ROA % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Macau Legend Development ranks #827 out of 857 companies for ROA %. This places Macau Legend Development in the lower half of its industry. The industry median ROA % is 2.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.56, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Macau Legend Development and its competitors. For the Travel & Leisure industry, the median ROA % is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau Legend Development's current ROA % is -6.59%. 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?
Macau Legend Development (MALDF) has a current ROA % of -6.59%. The stock's GF Value™ is $0.15, compared to a current price of $0.02 — trading 86% below its estimated fair value. The current ROA % is -6.59%. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Macau Legend Development (MALDF), the current ROA % is -6.59% 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 Macau Legend Development (MALDF) Overvalued in 2026?
Based on GuruFocus' analysis, Macau Legend Development stock appears to be undervalued.
The current stock price of $0.02 is trading 86% below its estimated GF Value™ of $0.15.
Key valuation signals for MALDF:
ROA %: -6.59%
GF Value™: $0.15 vs. price of $0.02 (86% below fair value)
No single metric tells the full story. See the MALDF 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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