Major Cineplex GroupBKK:MAJOR 75 Piotroski F-Score is 7 as of Jun. 28, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates BKK:MAJOR with a GF Score™ of 75/100 and a GF Value™ of ฿14.43 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,009 Media - Diversified companies, Major Cineplex Group ranks better than 91.87% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Major Cineplex Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Major Cineplex Group's Piotroski F-Score or its related term are showing as below:
BKK:MAJOR'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 5 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of Major Cineplex Group was 8. The lowest was 1. And the median was 5.
Major Cineplex Group (BKK:MAJOR) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Major Cineplex Group Piotroski F-Score Related Terms
Major Cineplex Group Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Major Cineplex Group's Piotroski F-Score 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.
BKK:MAJOR vs NFLX, DIS, WBD: Piotroski F-Score Comparison
For the Entertainment subindustry, Major Cineplex Group's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Major Cineplex Group's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Major Cineplex Group's Piotroski F-Score falls into.
* 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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 124.49 + 126.323 + 347.214 + 75.083 = ฿673 Mil. Cash Flow from Operations was 506.573 + 276.399 + 746.783 + 105.65 = ฿1,635 Mil. Revenue was 1939.518 + 1965.413 + 2307.44 + 1614.236 = ฿7,827 Mil. Gross Profit was 617.759 + 701.671 + 911.477 + 530.7 = ฿2,762 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(13837.119 + 13404.781 + 13170.854 + 12738.532 + 12382.594) / 5 = ฿13106.776 Mil. Total Assets at the begining of this year (Mar25) was ฿13,837 Mil. Long-Term Debt & Capital Lease Obligation was ฿3,886 Mil. Total Current Assets was ฿1,988 Mil. Total Current Liabilities was ฿2,963 Mil.
Net Income was 232.223 + 50.332 + 321.412 + 33.207 = ฿637 Mil.
Revenue was 2032.656 + 1659.688 + 2354.845 + 1418.969 = ฿7,466 Mil. Gross Profit was 723.505 + 578.396 + 882.779 + 500.421 = ฿2,685 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(14616.588 + 14404.005 + 14019.148 + 14039.029 + 13837.119) / 5 = ฿14183.1778 Mil. Total Assets at the begining of last year (Mar24) was ฿14,617 Mil. Long-Term Debt & Capital Lease Obligation was ฿4,506 Mil. Total Current Assets was ฿3,030 Mil. Total Current Liabilities was ฿3,379 Mil.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Major Cineplex Group's current Net Income (TTM) was 673.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Major Cineplex Group's return on assets of this year was 0.04864524. Major Cineplex Group's return on assets of last year was 0.04359253.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Major Cineplex Group's gearing of this year was 0.29651281. Major Cineplex Group's gearing of last year was 0.31768374.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Major Cineplex Group's current ratio of this year was 0.67088769. Major Cineplex Group's current ratio of last year was 0.89660317.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Major Cineplex Group's number of shares in issue this year was 750.83. Major Cineplex Group's number of shares in issue last year was 830.175.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Major Cineplex Group's gross margin of this year was 0.35284856. Major Cineplex Group's gross margin of last year was 0.35963624.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Major Cineplex Group's asset turnover of this year was 0.56562403. Major Cineplex Group's asset turnover of last year was 0.51080033.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Major Cineplex Group has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Major Cineplex Group (BKK:MAJOR) has a Piotroski F-Score of 7 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Major Cineplex Group and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Major Cineplex Group's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Major Cineplex Group ranks #82 out of 1009 companies in the Media - Diversified industry, placing it in the top 8.1%.
Is Major Cineplex Group's Piotroski F-Score too high?
Major Cineplex Group's current Piotroski F-Score of 7 is 40% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Major Cineplex Group's value of 7 is 40% above this industry median. Based on the distribution chart, Major Cineplex Group ranks #82 out of 1009 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Major Cineplex Group has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Major Cineplex Group's Piotroski F-Score compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Major Cineplex Group ranks #82 out of 1009 companies for Piotroski F-Score. This places Major Cineplex Group in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Major Cineplex Group's value of 7 is 40% above this benchmark. Historically, Major Cineplex Group's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, 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 Piotroski F-Score for a Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Major Cineplex Group's current Piotroski F-Score of 7 is 40% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Major Cineplex Group and its competitors. For the Media - Diversified industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Cineplex Group's current Piotroski F-Score is 7, which is 40% above median its own 10-year median of 5.00. 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 ฿14.43, compared to a current price of ฿7.00 — trading 51.5% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Media - Diversified industry median of 5.00. Major Cineplex Group's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Major Cineplex Group (BKK:MAJOR), the current Piotroski F-Score is 7 as of Jun. 28, 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 ฿7.00 is trading 51.5% below its estimated GF Value™ of ฿14.43.
GuruFocus considers Major Cineplex Group to be Possible Value Trap.
Key valuation signals for BKK:MAJOR:
Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
GF Value™: ฿14.43 vs. price of ฿7.00 (51.5% below fair value)
Industry Position: 40% above the Media - Diversified median (#82 of 1009)
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 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.
75GF Score
Get the complete analysis for BKK:MAJOR
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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