Major Development (SET:MJD-R) - Stock Price, News & Analysis

MJD-R Stock Overview

Engages in the development and sale of properties in Thailand.

MJD-R fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Risk Analysis

Debt is not well covered by operating cash flow

Earnings have declined by 64.1% per year over past 5 years

Does not have a meaningful market cap (THB998M)

Major Development Public Company Limited Competitors

Richy Place 2002

SET:RICHY

฿944.4m

Everland

SET:EVER

฿631.1m

Villa Kunalai

SET:KUN

฿1.1b

N.C. Housing

SET:NCH

฿983.8m

Price History & Performance

Summary of all time highs, changes and price drops for Major Development
Historical stock prices
Current Share Price	฿1.16
52 Week High	฿1.40
52 Week Low	฿0.98
Beta	0.43
11 Month Change	13.73%
3 Month Change	1.75%
1 Year Change	-14.07%
33 Year Change	-33.33%
5 Year Change	-63.06%
Change since IPO	-73.76%

Recent updates

Shareholder Returns

	MJD-R	TH Real Estate	TH Market
7D	9.4%	-2.0%	0.02%
1Y	-14.1%	-7.9%	-2.2%

Return vs Industry: MJD-R underperformed the TH Real Estate industry which returned -7.9% over the past year.

Return vs Market: MJD-R underperformed the TH Market which returned -2.2% over the past year.

Price Volatility

Is MJD-R's price volatile compared to industry and market?
MJD-R volatility
MJD-R Average Weekly Movement	4.7%
Real Estate Industry Average Movement	4.9%
Market Average Movement	5.2%
10% most volatile stocks in TH Market	11.3%
10% least volatile stocks in TH Market	2.7%

Stable Share Price: MJD-R has not had significant price volatility in the past 3 months.

Volatility Over Time: MJD-R's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1999	n/a	Petrada Poolvoralaks	www.mjd.co.th

Major Development Public Company Limited, together with its subsidiaries, engages in the development and sale of properties in Thailand. The company operates through three segments: Property Development, Hotel Business, and Rental and Service Business. It develops and sells land, houses, and residential condominium units.

Major Development Public Company Limited Fundamentals Summary

How do Major Development's earnings and revenue compare to its market cap?
MJD-R fundamental statistics
Market cap	฿998.08m
Earnings (TTM)	-฿358.08m
Revenue (TTM)	฿2.16b

0.5x

P/S Ratio

-2.8x

P/E Ratio

Is MJD-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MJD-R income statement (TTM)
Revenue	฿2.16b
Cost of Revenue	฿1.39b
Gross Profit	฿764.72m
Other Expenses	฿1.12b
Earnings	-฿358.08m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.42
Gross Margin	35.41%
Net Profit Margin	-16.58%
Debt/Equity Ratio	264.7%

How did MJD-R perform over the long term?

See historical performance and comparison

Major Development SET:MJD-R Stock Report