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Major Cineplex GroupBKK:MAJOR +5.93%69 Return-on-Tangible-Asset is 2.42% as of Mar. 2026, which is 68% below its 10-year median of 7.61. GuruFocus rates BKK:MAJOR with a GF Score™ of 69/100 and a GF Value™ of ฿14.19 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,030 Media - Diversified companies, Major Cineplex Group ranks better than 71.55% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Major Cineplex Group's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿300 Mil. Major Cineplex Group's average total tangible assets for the quarter that ended in Mar. 2026 was ฿12,409 Mil. Therefore, Major Cineplex Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.42%.
The historical rank and industry rank for Major Cineplex Group's Return-on-Tangible-Asset or its related term are showing as below:
BKK:MAJOR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3 Med: 7.61 Max: 9.34
Current: 5.2
During the past 13 years, Major Cineplex Group's highest Return-on-Tangible-Asset was 9.34%. The lowest was -3.00%. And the median was 7.61%.
BKK:MAJOR's Return-on-Tangible-Asset is ranked better than 71.55% of 1030
companies
in the Media - Diversified industry
Industry Median: 0.83
vs BKK:MAJOR: 5.20
Major Cineplex Group (BKK:MAJOR) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Major Cineplex Group Return-on-Tangible-Asset Related Terms
Major Cineplex Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Major Cineplex Group's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart
BKK:MAJOR vs NFLX, DIS, WBD: Return-on-Tangible-Asset Comparison
For the Entertainment subindustry, Major Cineplex Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Major Cineplex Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Major Cineplex Group's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.42% mean?
Major Cineplex Group (BKK:MAJOR) has a Return-on-Tangible-Asset of 2.42% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Major Cineplex Group and its competitors. This is 68% below median its historical median of 7.61. According to the industry distribution chart, Major Cineplex Group ranks #293 out of 1030 companies in the Media - Diversified industry, placing it in the top 28.4%.
Is Major Cineplex Group's Return-on-Tangible-Asset too high?
Major Cineplex Group's current Return-on-Tangible-Asset of 2.42% is 68% below median its 10-year median of 7.61. The Media - Diversified industry median Return-on-Tangible-Asset is 0.83. Major Cineplex Group's value of 2.42% is 191.6% above this industry median. Based on the distribution chart, Major Cineplex Group ranks #293 out of 1030 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Major Cineplex Group has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Major Cineplex Group's Return-on-Tangible-Asset compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Major Cineplex Group ranks #293 out of 1030 companies for Return-on-Tangible-Asset. This puts Major Cineplex Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.83. Major Cineplex Group's value of 2.42% is 191.6% above this benchmark. While the company's 10-year median is 7.61 vs. the industry median of 0.83, 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 Return-on-Tangible-Asset for a Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.83, based on 1,030 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Major Cineplex Group's current Return-on-Tangible-Asset of 2.42% is 191.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Major Cineplex Group and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Cineplex Group's current Return-on-Tangible-Asset is 2.42%, which is 68% below median its own 10-year median of 7.61. 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 ฿14.19, compared to a current price of ฿7.15 — trading 49.6% below its estimated fair value. The current Return-on-Tangible-Asset is 2.42%, which is 68% below median its 10-year median of 7.61 and 191.6% above the Media - Diversified industry median of 0.83. Major Cineplex Group's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Major Cineplex Group (BKK:MAJOR), the current Return-on-Tangible-Asset is 2.42% 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 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 49.6% below its estimated GF Value™ of ฿14.19.
GuruFocus considers Major Cineplex Group to be Possible Value Trap.
Key valuation signals for BKK:MAJOR:
Return-on-Tangible-Asset: 2.42% (68% below median its 10-year median of 7.61)
GF Value™: ฿14.19 vs. price of ฿7.15 (49.6% below fair value)
Industry Position: 191.6% above the Media - Diversified median (#293 of 1030)
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.
69GF Score
Get the complete analysis for BKK:MAJOR
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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