Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) Scaled Net Operating Assets: 0.92 (As of Sep. 2025)

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BKK:MJLF Major Cineplex Lifestyle Leasehold Property Fund BKK:MJLF
51 GF Score
Price ฿4.94
GF Value ฿4.45
! 6 Warning Signs
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What is Major Cineplex Lifestyle Leasehold Property Fund Scaled Net Operating Assets?

Major Cineplex Lifestyle Leasehold Property Fund BKK:MJLF +0.82% 51 Scaled Net Operating Assets is 0.92 as of Sep. 2025. GuruFocus rates BKK:MJLF with a GF Score™ of 51/100 and a GF Value™ of ฿4.45. The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Major Cineplex Lifestyle Leasehold Property Fund's operating assets for the quarter that ended in Sep. 2025 was ฿3,787.9 Mil. Major Cineplex Lifestyle Leasehold Property Fund's operating liabilities for the quarter that ended in Sep. 2025 was ฿140.5 Mil. Major Cineplex Lifestyle Leasehold Property Fund's Total Assets for the quarter that ended in Jun. 2025 was ฿3,958.6 Mil. Therefore, Major Cineplex Lifestyle Leasehold Property Fund's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.92.


Major Cineplex Lifestyle Leasehold Property Fund Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Major Cineplex Lifestyle Leasehold Property Fund's Scaled Net Operating Assets 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 Lifestyle Leasehold Property Fund Scaled Net Operating Assets Chart

Major Cineplex Lifestyle Leasehold Property Fund Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.91 0.75 0.85 0.97

Major Cineplex Lifestyle Leasehold Property Fund Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.94 0.95 0.92 0.92

BKK:MJLF vs SPG, O, KIM: Scaled Net Operating Assets Comparison

For the REIT - Retail subindustry, Major Cineplex Lifestyle Leasehold Property Fund's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Lifestyle Leasehold Property Fund Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Major Cineplex Lifestyle Leasehold Property Fund's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Major Cineplex Lifestyle Leasehold Property Fund's Scaled Net Operating Assets falls into.


BKK:MJLF
51GF Score
Major Cineplex Lifestyle Leasehold Property Fund BKK:MJLF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Major Cineplex Lifestyle Leasehold Property Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Major Cineplex Lifestyle Leasehold Property Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(3643.611-131.159)/3629.53
=0.97

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3822.405 - 178.794
=3643.611

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=165.74 - 34.581 - 0
=131.159

Major Cineplex Lifestyle Leasehold Property Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Jun. 2025 )
=(3787.929-140.493)/3958.619
=0.92

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3969.097 - 181.168
=3787.929

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=167.258 - 16.795 - 9.97
=140.493

* 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.

What does a Scaled Net Operating Assets of 0.92 mean?
Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) has a Scaled Net Operating Assets of 0.92 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Major Cineplex Lifestyle Leasehold Property Fund and its competitors.
Is Major Cineplex Lifestyle Leasehold Property Fund's Scaled Net Operating Assets too high?
Major Cineplex Lifestyle Leasehold Property Fund's current Scaled Net Operating Assets is 0.92. Overall, Major Cineplex Lifestyle Leasehold Property Fund has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Major Cineplex Lifestyle Leasehold Property Fund's Scaled Net Operating Assets compare to SPG and O?
Major Cineplex Lifestyle Leasehold Property Fund's Scaled Net Operating Assets of 0.92 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a REITs company?
A good Scaled Net Operating Assets depends on the REITs industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Major Cineplex Lifestyle Leasehold Property Fund and its competitors. Major Cineplex Lifestyle Leasehold Property Fund's current Scaled Net Operating Assets is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Cineplex Lifestyle Leasehold Property Fund stock overvalued right now?
Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) has a current Scaled Net Operating Assets of 0.92. The stock's GF Value™ is ฿4.45, compared to a current price of ฿4.94 — trading 11% above its estimated fair value. The current Scaled Net Operating Assets is 0.92. Major Cineplex Lifestyle Leasehold Property Fund's overall GF Score™ is 51/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF), the current Scaled Net Operating Assets is 0.92 as of Sep. 2025. 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 Lifestyle Leasehold Property Fund (BKK:MJLF) Overvalued in 2026?

Based on GuruFocus' analysis, Major Cineplex Lifestyle Leasehold Property Fund stock appears to be overvalued. The current stock price of ฿4.94 is trading 11% above its estimated GF Value™ of ฿4.45.

Key valuation signals for BKK:MJLF:

  • Scaled Net Operating Assets: 0.92
  • GF Value™: ฿4.45 vs. price of ฿4.94 (11% above fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the BKK:MJLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Major Cineplex Lifestyle Leasehold Property Fund Business Description

Industry Real EstateREITs
Address 1839 Phaholyothin Road, Ladyao, Jatuchak, Bangkok, THA, 10900
Major Cineplex Lifestyle Leasehold Property Fund is a closed-end property fund. The fund operates in only one business segment which is the Investment in Property and the business is only operated in Thailand.
51GF Score

Get the complete analysis for BKK:MJLF

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿4.94
Price
฿4.45
GF Value