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Major Cineplex GroupBKK:MAJOR +1.50%75 Return-on-Tangible-Equity is 6.50% as of Mar. 2026, which is 63% below its 10-year median of 17.69. GuruFocus rates BKK:MAJOR with a GF Score™ of 75/100 and a GF Value™ of ฿14.38 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 864 Media - Diversified companies, Major Cineplex Group ranks better than 69.79% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Major Cineplex Group's annualized net income for the quarter that ended in Mar. 2026 was ฿300 Mil. Major Cineplex Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿4,620 Mil. Therefore, Major Cineplex Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.50%.
The historical rank and industry rank for Major Cineplex Group's Return-on-Tangible-Equity or its related term are showing as below:
BKK:MAJOR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.84 Med: 17.69 Max: 23.73
Current: 14.35
During the past 13 years, Major Cineplex Group's highest Return-on-Tangible-Equity was 23.73%. The lowest was -7.84%. And the median was 17.69%.
BKK:MAJOR's Return-on-Tangible-Equity is ranked better than 69.79% of 864
companies
in the Media - Diversified industry
Industry Median: 5.44
vs BKK:MAJOR: 14.35
Major Cineplex Group (BKK:MAJOR) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Major Cineplex Group Return-on-Tangible-Equity Related Terms
Major Cineplex Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Major Cineplex Group's Return-on-Tangible-Equity 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-Equity Chart
BKK:MAJOR vs NFLX, DIS, WBD: Return-on-Tangible-Equity Comparison
For the Entertainment subindustry, Major Cineplex Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Major Cineplex Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Major Cineplex Group's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 6.50% mean?
Major Cineplex Group (BKK:MAJOR) has a Return-on-Tangible-Equity of 6.50% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Major Cineplex Group and its competitors. This is 63% below median its historical median of 17.69. According to the industry distribution chart, Major Cineplex Group ranks #261 out of 864 companies in the Media - Diversified industry, placing it in the top 30.2%.
Is Major Cineplex Group's Return-on-Tangible-Equity too high?
Major Cineplex Group's current Return-on-Tangible-Equity of 6.50% is 63% below median its 10-year median of 17.69. The Media - Diversified industry median Return-on-Tangible-Equity is 5.44. Major Cineplex Group's value of 6.50% is 19.5% above this industry median. Based on the distribution chart, Major Cineplex Group ranks #261 out of 864 companies in the Media - Diversified industry, which is above the industry midpoint. 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 Return-on-Tangible-Equity compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Major Cineplex Group ranks #261 out of 864 companies for Return-on-Tangible-Equity. This puts Major Cineplex Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.44. Major Cineplex Group's value of 6.50% is 19.5% above this benchmark. While the company's 10-year median is 17.69 vs. the industry median of 5.44, 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-Equity for a Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.44, based on 864 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 6.50% is 19.5% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Major Cineplex Group and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.44 — 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-Equity is 6.50%, which is 63% below median its own 10-year median of 17.69. 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 ฿14.38, compared to a current price of ฿6.75 — trading 53.1% below its estimated fair value. The current Return-on-Tangible-Equity is 6.50%, which is 63% below median its 10-year median of 17.69 and 19.5% above the Media - Diversified industry median of 5.44. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Major Cineplex Group (BKK:MAJOR), the current Return-on-Tangible-Equity is 6.50% 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 ฿6.75 is trading 53.1% below its estimated GF Value™ of ฿14.38.
GuruFocus considers Major Cineplex Group to be Possible Value Trap.
Key valuation signals for BKK:MAJOR:
Return-on-Tangible-Equity: 6.50% (63% below median its 10-year median of 17.69)
GF Value™: ฿14.38 vs. price of ฿6.75 (53.1% below fair value)
Industry Position: 19.5% above the Media - Diversified median (#261 of 864)
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
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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