Major Cineplex Group Public Company Limited

Major Cineplex Group Public Company Limited

MAJOR.BK
Major Cineplex Group Public Company LimitedTH flagStock Exchange of Thailand
7.05
THB
+0.10
- -
4.81BMarket Cap
Major Cineplex Group Public Company Limited
MAJOR.BK
(Stock Exchange of Thailand)

Recent

price

7.05

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
7.16
7.77
7.88
8.69
9.71
9.63
9.79
10.03
11.12
11.96
4.21
3.36
7.14
9.65
9.57
10.15
10.33
Revenue per Share
0.91
0.9
0.96
1.18
1.22
1.31
1.33
1.33
1.43
1.57
-0.59
1.77
0.28
1.18
0.92
0.84
0.89
Basic EPS, GAAP
0.92
0.73
0.54
-0.09
1.07
0.25
0.25
1.03
1.86
2.01
-0.13
-0.85
-0.39
1.17
0.38
1
1.45
Free Cash Flow per Basic Share
0.55
1.02
0.78
0.98
1
1.1
1.2
1.26
1.25
1.35
0.35
1
0.6
0.76
0.15
0.2
0.14
Dividend per Share
2.4
1.57
1.73
1.93
2.15
2.35
2.48
2.56
3.46
3.68
2.73
3.48
3.16
2.11
2.17
2.66
2.5
Book Value per Share
5.85
5.6
6
6.13
6.64
7.04
7.15
6.92
7.85
8.12
7.24
7.95
7.88
6.67
6.36
6.36
6.13
Tangible Book Value per Share
841
869
884
888
888
891
893
895
895
895
895
895
895
887
812
752
757
Basic Weighted Avg Shares
6,021
6,748
6,965
7,713
8,623
8,580
8,745
8,972
9,952
10,697
3,765
3,010
6,388
8,551
7,767
7,631
7,827
Sales/Revenue/Turnover
9.46
13.46
10.07
13.14
13.64
13.04
10.03
8.84
10.81
12.42
-31.62
-47.36
2.92
8.9
6.9
8.74
9.15
Operating Margin (%)
1,174
984
1,083
1,031
1,211
1,187
1,172
1,291
1,265
1,579
1,242
1,250
1,311
1,221
1,252
1,251
1,249
Depreciation Expense
762
782
846
1,052
1,086
1,171
1,188
1,193
1,284
1,407
-527
1,581
252
1,042
744
631
673
Net Income, GAAP
13.92
21.34
25.18
21.24
20.18
20.25
16.4
18.9
17.37
19.84
- -
18.71
16.07
6.61
- -
14.36
14.91
Effective Tax Rate (%)
12.66
11.58
12.15
13.63
12.6
13.65
13.59
13.3
12.9
13.15
-14.01
52.55
3.95
12.18
9.58
8.27
8.6
Profit Margin (%)
-460
-1,513
-1,171
-2,215
-2,161
-3,450
-4,070
-1,683
-2,676
-2,873
-2,446
1,053
1,854
-222
-235
-760
-975
Working Capital
2,874
967
1,170
2,352
2,188
1,287
764
2,605
4,742
4,172
4,987
3,450
4,165
3,708
4,562
4,125
3,886
LT Debt
5,674
5,637
5,961
6,099
6,387
6,648
6,718
6,499
7,277
7,480
6,626
7,287
7,221
6,112
5,355
4,926
4,800
Total Equity
5.35
7.98
5.95
8.03
8.52
7.92
6.25
5.51
6.93
7.37
- -
-8.23
1.21
6.05
- -
5.31
5.67
Return on Invested Capital (%)
15.4
17.15
22.3
21.76
18.99
19.2
17.92
17.76
15.68
15.25
- -
18.79
4.75
16.12
- -
10.78
11.22
Return on Capital (%)
40.72
46.17
58.48
64.96
60.01
58.43
55.1
52.96
47.63
44.02
-18.39
56.95
8.49
44.34
40.95
33.57
36.95
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,404
1,157
1,366
LT Borrowings
1,856
1,857
1,717
LT Finance Leases
2,344
2,269
2,169
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
758
729
705
Market Capitalization
6,349
5,565
5,491

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,603
2,197
1,988
Cash, Cash Equivalents & STI
1,532
1,308
1,113
Accounts Receivable, Net
224
184
449
Inventories
210
206
225
Total Current Liabilities
3,220
2,957
2,963
Payables & Accruals
1,406
1,527
1,286
ST Debt
1,404
1,157
1,366
Deferred Revenue
373
228
279

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.56%
-5.34%
-8.02%
Free Cash Flow
47.76%
37.22%
140.97%
Net Income, GAAP
-33.28%
-42.89%
-15.19%
Sales/Revenue/Turnover
7.33%
23.03%
-1.74%
Total Cash Common Dividend
5.88%
22.23%
21.89%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,719
2,033
1,660
2,355
7,767
2025
1,419
1,940
1,965
2,307
7,631
2026
1,614
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.28
0.06
- -
0.92
2025
0.04
0.16
0.17
- -
0.84
2026
0.1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.15
- -
- -
0.15
2025
0.06
0.14
- -
- -
0.2
2026
- -
- -
- -
- -
- -
Business
Major Cineplex Group Public Company Limited Major Cineplex Group Public Company Limited (MAJOR.BK) operates as Thailand's leading lifestyle entertainment provider, primarily engaging in cinema exhibition, advertising, bowling and karaoke operations, rental and services, and movie content distribution. The company manages an extensive network of cineplexes under brands including Major Cineplex, EGV Cinema, Paragon Cineplex, Esplanade Cineplex, Paradise Cineplex, Mega Cineplex, Hat Yai Cineplex, Quartier CineArt, Westgate Cineplex, Icon Cineplex, and Major Cinema; offers concessions such as foods and drinks; provides in-theater and 4D advertising services; operates bowling under Major Bowl Hit and Blu-O Rhythm & Bowl brands, karaoke rooms, and the Sub Zero ice-skating rink; leases retail spaces within its venues on short- and long-term bases; and produces, procures, and distributes films alongside VCD/DVD, Blu-ray, and film rights for theaters, television, and online channels. Founded in 1995 and headquartered at 1839 Phaholyothin Road, Ladyao, Chatuchak, Bangkok, Thailand, it serves markets across Thailand, Laos, Cambodia, and Vietnam with approximately 2,730 employees and targets diverse customers including families, youth, and high-end urban consumers in metropolitan and regional areas. Recent developments include the board approval in 2025 for a joint venture investment in TKN & MAJOR POPCORN COMPANY LIMITED to produce, procure, and distribute ready-to-eat popcorn products, with an initial THB 24.5 million payment scheduled by September 2025 as part of a THB 49 million commitment; expansion with five new screens in regional locations such as Big C Pattani and Lotus’s Nakhon Nayok during the latest quarter, supporting a long-term goal of 1,200 screens by 2032 alongside plans for 35-40 additional screens in 2025; ongoing IMAX partnerships adding up to ten new IMAX with Laser systems and upgrades in Thailand and Cambodia through 2027; strategic marketing collaborations such as the 2024 Coca-Cola x Marvel campaign; renewal of its anti-corruption CAC certification; and an active share buyback program repurchasing up to 75.7 million shares for THB 600 million, reducing outstanding shares by about 15% over the past year.