Major Cineplex Group (BKK:MAJOR) Debt-to-EBITDA : 2.92 (As of Jun. 2026) — 34% Above Median

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BKK:MAJOR Major Cineplex Group PLC BKK:MAJOR
71 GF Score
Price ฿7.15
GF Value ฿12.42
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Major Cineplex Group Debt-to-EBITDA?

Major Cineplex Group BKK:MAJOR -2.72% 71 Debt-to-EBITDA is 2.92 as of Jun. 2026, which is 34% above its 10-year median of 2.18. GuruFocus rates BKK:MAJOR with a GF Score™ of 71/100 and a GF Value™ of ฿12.42 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 682 Media - Diversified companies, Major Cineplex Group ranks worse than 62.02% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Major Cineplex Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿1,329 Mil. Major Cineplex Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿4,091 Mil. Major Cineplex Group's annualized EBITDA for the quarter that ended in Jun. 2026 was ฿1,858 Mil. Major Cineplex Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.92.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Major Cineplex Group's Debt-to-EBITDA or its related term are showing as below:

BKK:MAJOR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.63   Med: 2.18   Max: 10.08
Current: 2.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of Major Cineplex Group was 10.08. The lowest was 1.63. And the median was 2.18.

BKK:MAJOR's Debt-to-EBITDA is ranked worse than
62.02% of 682 companies
in the Media - Diversified industry
Industry Median: 1.59 vs BKK:MAJOR: 2.44

Major Cineplex Group  (BKK:MAJOR) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Major Cineplex Group Debt-to-EBITDA Related Terms


Major Cineplex Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Major Cineplex Group's Debt-to-EBITDA 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 Cineplex Group Debt-to-EBITDA Chart

Major Cineplex Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 2.69 2.01 2.63 2.36

Major Cineplex Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA 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 2.85 2.72 1.61 3.13 2.92

BKK:MAJOR vs NFLX, DIS, WBD: Debt-to-EBITDA Comparison

For the Entertainment subindustry, Major Cineplex Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Major Cineplex Group Debt-to-EBITDA vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Major Cineplex Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Major Cineplex Group's Debt-to-EBITDA falls into.


BKK:MAJOR
71GF Score
Major Cineplex Group PLC BKK:MAJOR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Major Cineplex Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Major Cineplex Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1157.114 + 4125.462) / 2239.97
=2.36

Major Cineplex Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1328.777 + 4091.434) / 1858.028
=2.92

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.92 mean?
Major Cineplex Group (BKK:MAJOR) has a Debt-to-EBITDA of 2.92 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Major Cineplex Group. This is 34% above median its historical median of 2.18. Over the past decade, Major Cineplex Group's Debt-to-EBITDA has ranged from 1.63 to 10.08. According to the industry distribution chart, Major Cineplex Group ranks #423 out of 682 companies in the Media - Diversified industry, placing it in the top 62%.
Is Major Cineplex Group's Debt-to-EBITDA too high?
Major Cineplex Group's current Debt-to-EBITDA of 2.92 is 34% above median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 10.08. The Media - Diversified industry median Debt-to-EBITDA is 1.59. Major Cineplex Group's value of 2.92 is 83.6% above this industry median. Based on the distribution chart, Major Cineplex Group ranks #423 out of 682 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Major Cineplex Group has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Major Cineplex Group's Debt-to-EBITDA compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Major Cineplex Group ranks #423 out of 682 companies for Debt-to-EBITDA. This places Major Cineplex Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.59. Major Cineplex Group's value of 2.92 is 83.6% above this benchmark. Historically, Major Cineplex Group's own Debt-to-EBITDA has ranged from 1.63 to 10.08 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 1.59, Major Cineplex Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Media - Diversified company?
The median Debt-to-EBITDA among Media - Diversified companies is 1.59, based on 682 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Major Cineplex Group's current Debt-to-EBITDA of 2.92 is 83.6% above 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Major Cineplex Group. For the Media - Diversified industry, the median Debt-to-EBITDA is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Cineplex Group's current Debt-to-EBITDA is 2.92, which is 34% above median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Cineplex Group stock overvalued right now?
Based on GuruFocus' analysis, Major Cineplex Group (BKK:MAJOR) is currently considered Possible Value Trap. The stock's GF Value™ is ฿12.42, compared to a current price of ฿7.15 — trading 42.4% below its estimated fair value. The current Debt-to-EBITDA is 2.92, which is 34% above median its 10-year median of 2.18 and 83.6% above the Media - Diversified industry median of 1.59. Major Cineplex Group's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Major Cineplex Group (BKK:MAJOR), the current Debt-to-EBITDA is 2.92 as of Jun. 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 Cineplex Group (BKK:MAJOR) Overvalued in 2026?

Based on GuruFocus' analysis, Major Cineplex Group stock appears to be undervalued. The current stock price of ฿7.15 is trading 42.4% below its estimated GF Value™ of ฿12.42. GuruFocus considers Major Cineplex Group to be Possible Value Trap.

Key valuation signals for BKK:MAJOR:

  • Debt-to-EBITDA: 2.92 (34% above median its 10-year median of 2.18)
  • GF Value™: ฿12.42 vs. price of ฿7.15 (42.4% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 83.6% above the Media - Diversified median (#423 of 682)

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


Major Cineplex Group Business Description

Address 1839, 1839/1-6 Phaholyothin Road, Ladyao, Jatujak, Bangkok, THA, 10900
Major Cineplex Group PLC is a diversified media company predominantly engaged in the operation of cinemas. The company's reportable segments include the Cinema business, Advertising business, Bowling and Karaoke business, Rental and Services business, and Movie content business. The cinema business segment, which generates maximum revenue, owns and manages several chains of movie theaters and brands. The advertising and media business offers on-screen advertising and media solutions. The bowling and karaoke services offer their namesake services in branded outlets. The rental and services business leases real estate space, and the movie content segment funds, produces, and distributes feature film content, as well as content on the home video market.
71GF Score

Get the complete analysis for BKK:MAJOR

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿7.15
Price
฿12.42
GF Value