MAJOR Stock Overview
Major Cineplex Group Public Company Limited, together with its subsidiaries, operates as a lifestyle entertainment company primarily in Thailand.
Major Cineplex Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||฿21.60|
|52 Week High||฿25.75|
|52 Week Low||฿17.90|
|1 Month Change||3.35%|
|3 Month Change||11.34%|
|1 Year Change||-14.46%|
|3 Year Change||-24.21%|
|5 Year Change||-33.02%|
|Change since IPO||56.52%|
Recent News & Updates
|MAJOR||TH Entertainment||TH Market|
Return vs Industry: MAJOR exceeded the TH Entertainment industry which returned -17.8% over the past year.
Return vs Market: MAJOR underperformed the TH Market which returned 1% over the past year.
|MAJOR Average Weekly Movement||3.1%|
|Entertainment Industry Average Movement||7.2%|
|Market Average Movement||5.1%|
|10% most volatile stocks in TH Market||10.7%|
|10% least volatile stocks in TH Market||2.6%|
Stable Share Price: MAJOR is less volatile than 75% of TH stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MAJOR's weekly volatility (3%) has been stable over the past year.
About the Company
Major Cineplex Group Public Company Limited, together with its subsidiaries, operates as a lifestyle entertainment company primarily in Thailand. It operates through five segments: Cinema Business, Advertising Business, Bowling and Karaoke Business, Rental and Services Business, and Movie Content Business. The Cinema Business segment operates a network of cineplexes that offer various films selection in the multiplex cinema format, as well as restaurants, banks, and other lifestyle shops.
Major Cineplex Group Fundamentals Summary
|MAJOR fundamental statistics|
Is MAJOR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MAJOR income statement (TTM)|
|Cost of Revenue||฿3.11b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.93|
|Net Profit Margin||52.53%|
How did MAJOR perform over the long term?See historical performance and comparison
5.6%Current Dividend Yield
Is MAJOR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MAJOR?
Other financial metrics that can be useful for relative valuation.
|What is MAJOR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does MAJOR's PE Ratio compare to its peers?
|MAJOR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ONEE ONE Enterprise
WORK Workpoint Entertainment
YGG Yggdrazil Group
MAJOR Major Cineplex Group
Price-To-Earnings vs Peers: MAJOR is good value based on its Price-To-Earnings Ratio (11.2x) compared to the peer average (111.4x).
Price to Earnings Ratio vs Industry
How does MAJOR's PE Ratio compare vs other companies in the Asian Entertainment Industry?
Price-To-Earnings vs Industry: MAJOR is good value based on its Price-To-Earnings Ratio (11.2x) compared to the TH Entertainment industry average (34.5x)
Price to Earnings Ratio vs Fair Ratio
What is MAJOR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||11.2x|
|Fair PE Ratio||24x|
Price-To-Earnings vs Fair Ratio: MAJOR is good value based on its Price-To-Earnings Ratio (11.2x) compared to the estimated Fair Price-To-Earnings Ratio (24x).
Share Price vs Fair Value
What is the Fair Price of MAJOR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MAJOR (THB21.6) is trading below our estimate of fair value (THB41.08)
Significantly Below Fair Value: MAJOR is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: MAJOR is good value based on its PEG Ratio (0.8x)
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How is Major Cineplex Group forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAJOR's forecast earnings growth (13.6% per year) is above the savings rate (2%).
Earnings vs Market: MAJOR's earnings (13.6% per year) are forecast to grow slower than the TH market (18.6% per year).
High Growth Earnings: MAJOR's earnings are forecast to grow, but not significantly.
Revenue vs Market: MAJOR's revenue (20.5% per year) is forecast to grow faster than the TH market (10.3% per year).
High Growth Revenue: MAJOR's revenue (20.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAJOR's Return on Equity is forecast to be low in 3 years time (14.8%).
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How has Major Cineplex Group performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAJOR has a high level of non-cash earnings.
Growing Profit Margin: MAJOR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MAJOR's earnings have declined by 12.3% per year over the past 5 years.
Accelerating Growth: MAJOR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MAJOR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (22.9%).
Return on Equity
High ROE: MAJOR's Return on Equity (22.8%) is considered high.
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How is Major Cineplex Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MAJOR's short term assets (THB5.2B) exceed its short term liabilities (THB4.4B).
Long Term Liabilities: MAJOR's short term assets (THB5.2B) exceed its long term liabilities (THB4.1B).
Debt to Equity History and Analysis
Debt Level: MAJOR has more cash than its total debt.
Reducing Debt: MAJOR's debt to equity ratio has reduced from 68.6% to 30.3% over the past 5 years.
Debt Coverage: MAJOR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MAJOR's interest payments on its debt are well covered by EBIT.
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What is Major Cineplex Group current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MAJOR's dividend (5.56%) is higher than the bottom 25% of dividend payers in the TH market (1.79%).
High Dividend: MAJOR's dividend (5.56%) is in the top 25% of dividend payers in the TH market (5.4%)
Stability and Growth of Payments
Stable Dividend: MAJOR's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAJOR's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.2%), MAJOR's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MAJOR is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vicha Poolvaraluck (59 yo)
Mr. Vicha Poolvaraluck serves as the Chief Executive Officer and Director of Major Cineplex Group Public Company Limited since February 23, 2002 and serves as its President, Deputy Chief Corporate Strategy...
Experienced Management: MAJOR's management team is seasoned and experienced (9.5 years average tenure).
Experienced Board: MAJOR's board of directors are seasoned and experienced ( 17.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Major Cineplex Group Public Company Limited's employee growth, exchange listings and data sources
- Name: Major Cineplex Group Public Company Limited
- Ticker: MAJOR
- Exchange: SET
- Founded: 1995
- Industry: Movies and Entertainment
- Sector: Media
- Implied Market Cap: ฿19.325b
- Shares outstanding: 894.67m
- Website: https://www.majorcineplex.com
- Major Cineplex Group Public Company Limited
- 1839, 1839/1-6 Phaholyothin Road
- 8th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/04 00:00|
|End of Day Share Price||2022/07/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.