Major Development PCL (BKK:MJD)

Major Development PCL Ratios and Metrics

Market cap in millions THB. Fiscal year is January - December.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	267	293	843	1,205	1,428	1,695
Market Cap Growth	-31.11%	-65.31%	-30.00%	-15.66%	-15.74%	20.86%
Enterprise Value	9,338	12,740	12,374	12,026	10,326	10,836
Last Close Price	0.31	0.34	0.98	1.40	1.66	1.97

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Forward PE	-	57.87	57.87	57.87	57.87	57.87
PS Ratio	0.10	0.14	0.34	0.54	0.50	0.39
PB Ratio	0.12	0.13	0.19	0.26	0.29	0.32
P/TBV Ratio	0.12	0.13	0.19	0.26	0.29	0.32
P/FCF Ratio	0.37	-	-	-	14.14	3.77
P/OCF Ratio	0.37	-	-	-	11.27	3.61

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	3.42	6.29	5.03	5.42	3.63	2.46
EV/EBITDA Ratio	57.93	121.70	106.59	2191.12	-	33.93
EV/EBIT Ratio	85.80	329.10	378.69	-	-	53.57
EV/FCF Ratio	12.87	-	-	-	102.20	24.08

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	4.32	4.96	2.75	2.43	2.04	1.74
Debt / EBITDA Ratio	38.16	101.54	95.22	730.03	-	28.84
Debt / FCF Ratio	12.99	-	-	-	100.25	20.53
Net Debt / Equity Ratio	4.16	4.92	2.69	2.36	1.84	1.64
Net Debt / EBITDA Ratio	37.63	106.13	101.22	1991.65	-117.19	27.23
Net Debt / FCF Ratio	12.51	-122.01	-12.84	-14.37	90.28	19.33
Asset Turnover	0.18	0.12	0.14	0.13	0.18	0.25
Inventory Turnover	0.21	0.14	0.16	0.17	0.29	0.38
Quick Ratio	0.12	0.01	0.07	0.13	0.25	0.15
Current Ratio	2.70	0.88	1.75	2.92	1.85	1.71
Return on Equity (ROE)	-58.96%	-63.67%	-6.66%	-6.88%	-7.21%	-6.44%
Return on Assets (ROA)	0.81%	0.15%	0.12%	-0.31%	-0.65%	0.73%
Return on Invested Capital (ROIC)	1.64%	0.26%	0.21%	-0.57%	-1.21%	1.41%
Return on Capital Employed (ROCE)	2.10%	0.90%	0.30%	-0.60%	-1.40%	1.80%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	-684.10%	-721.25%	-35.45%	-27.34%	-25.90%	-20.83%
FCF Yield	271.98%	-31.13%	-108.51%	-63.15%	7.07%	26.55%

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 2, 2026

Data Sources Report a data error