Major Development PCL (BKK:MJD) Construction In Progress: ฿0 Mil (As of Mar. 2026)

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BKK:MJD Major Development PCL BKK:MJD
39 GF Score
Price ฿0.32
GF Value ฿1.03
Valuation Possible Value Trap
! 3 Warning Signs
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What is Major Development PCL Construction In Progress?

Major Development PCL BKK:MJD 39 Construction In Progress is ฿0 Mil as of Mar. 2026. GuruFocus rates BKK:MJD with a GF Score™ of 39/100 and a GF Value™ of ฿1.03 (Possible Value Trap). The stock has 3 warning signs investors should review.

Major Development PCL's quarterly construction in progress stayed the same from Sep. 2025 (฿100 Mil) to Dec. 2025 (฿100 Mil) but then declined from Dec. 2025 (฿100 Mil) to Mar. 2026 (฿0 Mil).

Major Development PCL's annual construction in progress increased from Dec. 2023 (฿88 Mil) to Dec. 2024 (฿103 Mil) but then declined from Dec. 2024 (฿103 Mil) to Dec. 2025 (฿100 Mil).

Major Development PCL Construction In Progress Historical Data

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The historical data trend for Major Development PCL's Construction In Progress can be seen below:

* 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.

Major Development PCL Construction In Progress Chart

Major Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.61 87.52 87.62 102.74 100.00

Major Development PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.00 100.00 100.00 100.00 0.00
BKK:MJD
39GF Score
Major Development PCL BKK:MJD
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Development PCL Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ฿0 Mil mean?
Major Development PCL (BKK:MJD) has a Construction In Progress of ฿0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Major Development PCL and its competitors.
Is Major Development PCL's Construction In Progress too high?
Major Development PCL's current Construction In Progress is ฿0 Mil. Overall, Major Development PCL has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Major Development PCL's Construction In Progress compare to competitors?
Major Development PCL's Construction In Progress of ฿0 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Real Estate company?
A good Construction In Progress depends on the Real Estate industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Major Development PCL and its competitors. Major Development PCL's current Construction In Progress is ฿0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Major Development PCL (BKK:MJD) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.03, compared to a current price of ฿0.32 — trading 68.9% below its estimated fair value. The current Construction In Progress is ฿0 Mil. Major Development PCL's overall GF Score™ is 39/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Major Development PCL (BKK:MJD), the current Construction In Progress is ฿0 Mil as of Mar. 2026. 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 Major Development PCL (BKK:MJD) Overvalued in 2026?

Based on GuruFocus' analysis, Major Development PCL stock appears to be undervalued. The current stock price of ฿0.32 is trading 68.9% below its estimated GF Value™ of ฿1.03. GuruFocus considers Major Development PCL to be Possible Value Trap.

Key valuation signals for BKK:MJD:

  • Construction In Progress: ฿0 Mil
  • GF Value™: ฿1.03 vs. price of ฿0.32 (68.9% below fair value)
  • GF Score™: 39/100 with 3 warning signs

No single metric tells the full story. See the BKK:MJD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Major Development PCL Business Description

Address Sukhumvit Road, 141 Soi Sukhumvit 63 (Ekamai), 16th Floor, Klongton Nua, Wattana, Bangkok, THA, 10110
Major Development PCL is a Thailand-based real estate company. The operating segments of the group are the Property development business segment, the Hotel business segment, and the Rental and service business segment. It derives prime revenue from the Property development business segment, which engages in the development of land and houses and residential condominium units for sale. The group mainly operates in Thailand.
39GF Score

Get the complete analysis for BKK:MJD

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.32
Price
฿1.03
GF Value