ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Major Cineplex Group's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 2.50%.
As of today (2026-06-27), Major Cineplex Group's WACC % is 5.95%. Major Cineplex Group's ROC % is 4.92% (calculated using TTM income statement data).
Major Cineplex Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Major Cineplex Group (BKK:MAJOR) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Major Cineplex Group's WACC % is 5.95%. Major Cineplex Group's ROC % is 4.92% (calculated using TTM income statement data).
Major Cineplex Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
* 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.
Note:
The Operating Income data used here is four times the quarterly (Mar. 2026) data.
The tax rate is limited to between 0% and 100%.
* 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 (BKK:MAJOR) has a ROC % of 2.50% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Major Cineplex Group and its competitors.
Is Major Cineplex Group's ROC % too high?
Major Cineplex Group's current ROC % is 2.50%. The Media - Diversified industry median ROC % is 1.41. Major Cineplex Group's value of 2.50% is 77.9% above this industry median. Overall, Major Cineplex Group has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Major Cineplex Group's ROC % compare to NFLX and DIS?
Major Cineplex Group's ROC % of 2.50% can be compared against companies in the Media - Diversified industry. The industry median ROC % is 1.41. Major Cineplex Group's value of 2.50% is 77.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Media - Diversified company?
The median ROC % among Media - Diversified companies is 1.41, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Major Cineplex Group's current ROC % of 2.50% is 77.9% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Major Cineplex Group and its competitors. For the Media - Diversified industry, the median ROC % is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Cineplex Group's current ROC % is 2.50%. 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 ROC % is 2.50% and 77.9% above the Media - Diversified industry median of 1.41. Major Cineplex Group's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Major Cineplex Group (BKK:MAJOR), the current ROC % is 2.50% 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 ฿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:
ROC %: 2.50%
GF Value™: ฿14.43 vs. price of ฿7.00 (51.5% below fair value)
Industry Position: 77.9% above the Media - Diversified median
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.
79GF Score
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