Major Development PCL (BKK:MJD) EBITDA Margin %: 20.83% (As of Mar. 2026) — 119% Above Median

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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 EBITDA Margin %?

Major Development PCL BKK:MJD 39 EBITDA Margin % is 20.83% as of Mar. 2026, which is 119% above its 10-year median of 9.52. 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. Among 1,746 Real Estate companies, Major Development PCL ranks worse than 87.92% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Major Development PCL's EBITDA for the three months ended in Mar. 2026 was ฿158 Mil. Major Development PCL's Revenue for the three months ended in Mar. 2026 was ฿758 Mil. Therefore, Major Development PCL's EBITDA margin for the quarter that ended in Mar. 2026 was 20.83%.


Major Development PCL  (BKK:MJD) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Major Development PCL EBITDA Margin % Related Terms


Major Development PCL EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Major Development PCL's EBITDA Margin % 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 EBITDA Margin % Chart

Major Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.50 9.54 7.32 8.37 -56.23

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
EBITDA Margin % 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 10.34 -23.04 -27.92 -116.95 20.83

Major Development PCL EBITDA Margin % Competitor Comparison

For the Real Estate - Development subindustry, Major Development PCL's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 Development PCL EBITDA Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Major Development PCL's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Major Development PCL's EBITDA Margin % falls into.


BKK:MJD
39GF Score
Major Development PCL BKK:MJD
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Development PCL EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Major Development PCL's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-1115.861/1984.338
=-56.23 %

Major Development PCL's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=157.932/758.35
=20.83 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 20.83% mean?
Major Development PCL (BKK:MJD) has a EBITDA Margin % of 20.83% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Major Development PCL and its competitors. This is 119% above median its historical median of 9.52. According to the industry distribution chart, Major Development PCL ranks #1535 out of 1746 companies in the Real Estate industry, placing it in the top 87.9%.
Is Major Development PCL's EBITDA Margin % too high?
Major Development PCL's current EBITDA Margin % of 20.83% is 119% above median its 10-year median of 9.52. The Real Estate industry median EBITDA Margin % is 21.76. Major Development PCL's value of 20.83% is 4.3% below this industry median. Based on the distribution chart, Major Development PCL ranks #1535 out of 1746 companies in the Real Estate industry, which is in the bottom quartile relative to peers. 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 EBITDA Margin % compare to competitors?
According to the Real Estate industry distribution chart, Major Development PCL ranks #1535 out of 1746 companies for EBITDA Margin %. This places Major Development PCL in the lower half of its industry. The industry median EBITDA Margin % is 21.76. Major Development PCL's value of 20.83% is 4.3% below this benchmark. While the company's 10-year median is 9.52 vs. the industry median of 21.76, Major Development PCL has consistently been below 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 EBITDA Margin % for a Real Estate company?
The median EBITDA Margin % among Real Estate companies is 21.76, based on 1,746 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Major Development PCL's current EBITDA Margin % of 20.83% is 4.3% below 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Major Development PCL and its competitors. For the Real Estate industry, the median EBITDA Margin % is 21.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Development PCL's current EBITDA Margin % is 20.83%, which is 119% above median its own 10-year median of 9.52. 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 EBITDA Margin % is 20.83%, which is 119% above median its 10-year median of 9.52 and 4.3% below the Real Estate industry median of 21.76. 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 EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Major Development PCL (BKK:MJD), the current EBITDA Margin % is 20.83% 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:

  • EBITDA Margin %: 20.83% (119% above median its 10-year median of 9.52)
  • GF Value™: ฿1.03 vs. price of ฿0.32 (68.9% below fair value)
  • GF Score™: 39/100 with 3 warning signs
  • Industry Position: 4.3% below the Real Estate median (#1535 of 1746)

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

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

฿0.32
Price
฿1.03
GF Value