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Major Development PCL (BKK:MJD) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Major Development PCL's Enterprise Value for the quarter that ended in Mar. 2026 was ฿10,624 Mil.
Major Development PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-1,066 Mil.
* 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.
* 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 EV-to-EBIT Competitor Comparison
For the Real Estate - Development subindustry, Major Development PCL's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Major Development PCL's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Major Development PCL's EV-to-EBIT falls into.
Major Development PCL's current Enterprise Value is ฿10,598 Mil.
Major Development PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-1,066 Mil.
* 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 (BKK:MJD) has a EV-to-EBIT of -9.94 as of Aug. 20, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Major Development PCL and its competitors. According to the industry distribution chart, Major Development PCL ranks #999999 out of 1355 companies in the Real Estate industry.
Is Major Development PCL's EV-to-EBIT too high?
Major Development PCL's current EV-to-EBIT is -9.94. Based on the distribution chart, Major Development PCL ranks #999999 out of 1355 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 EV-to-EBIT compare to competitors?
According to the Real Estate industry distribution chart, Major Development PCL ranks #999999 out of 1355 companies for EV-to-EBIT. This places Major Development PCL in the lower half of its industry. The industry median EV-to-EBIT is 13.37. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Real Estate company?
The median EV-to-EBIT among Real Estate companies is 13.37, based on 1,355 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Major Development PCL and its competitors. For the Real Estate industry, the median EV-to-EBIT is 13.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Development PCL's current EV-to-EBIT is -9.94. 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 ฿1.02, compared to a current price of ฿0.31 — trading 69.6% below its estimated fair value. The current EV-to-EBIT is -9.94. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Major Development PCL (BKK:MJD), the current EV-to-EBIT is -9.94 as of Aug. 20, 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 ฿0.31 is trading 69.6% below its estimated GF Value™ of ฿1.02.
GuruFocus considers Major Development PCL to be Possible Value Trap.
Key valuation signals for BKK:MJD:
EV-to-EBIT: -9.94
GF Value™: ฿1.02 vs. price of ฿0.31 (69.6% below fair value)
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 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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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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