M

Major Development PCL
SET:MJD

Watchlist Manager
Major Development PCL
SET:MJD
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Price: 0.47 THB Market Closed
Market Cap: 404.4m THB

Relative Value

The Relative Value of one MJD stock under the Base Case scenario is 4.42 THB. Compared to the current market price of 0.47 THB, Major Development PCL is Undervalued by 89%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MJD Relative Value
Base Case
4.42 THB
Undervaluation 89%
Relative Value
Price
M
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
79
Median 3Y
0.5
Median 5Y
0.4
Industry
2
vs History
vs Industry
Median 3Y
-3.3
Median 5Y
-3.4
Industry
17.3
vs History
vs Industry
14
Median 3Y
-0.6
Median 5Y
1
Industry
10.5
vs History
vs Industry
Median 3Y
-0.5
Median 5Y
-0.5
Industry
13.3
vs History
96
vs Industry
67
Median 3Y
0.2
Median 5Y
0.3
Industry
1.7
vs History
28
vs Industry
40
Median 3Y
3.1
Median 5Y
2.6
Industry
3
vs History
33
vs Industry
31
Median 3Y
9.3
Median 5Y
8.2
Industry
6.6
vs History
38
vs Industry
3
Median 3Y
39.4
Median 5Y
16.3
Industry
10.7
vs History
28
vs Industry
0
Median 3Y
-41.7
Median 5Y
14
Industry
12.9
vs History
vs Industry
5
Median 3Y
-8.3
Median 5Y
3.7
Industry
11.2
vs History
vs Industry
4
Median 3Y
-7.9
Median 5Y
4
Industry
12.2
vs History
80
vs Industry
59
Median 3Y
0.5
Median 5Y
0.5
Industry
1.6

Multiples Across Competitors

MJD Competitors Multiples
Major Development PCL Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
Major Development PCL
SET:MJD
404.4m THB 0.2 -1.2 38.9 81.2
UK
Eight Capital Partners PLC
F:ECS
633.6T EUR 0 0 0 0
US
World Financial Holding Group
OTC:WFHG
93.3B USD 0 0 0 0
US
GE Vernova LLC
NYSE:GEV
170.2B USD 0 0 0 0
US
China Industrial Group Inc
OTC:CIND
99.1B USD 287.9 3 293.2 2 799 2 897.2
NL
Nepi Rockcastle NV
JSE:NRP
85.9B Zac 0 0 0 0
IN
SAB Industries Ltd
BSE:539112
7.5T INR 15 999.1 -35 569.9 138 286.4 147 093.7
US
Coupang Inc
F:788
44B EUR 1.6 140.6 38.3 63.8
US
CoreWeave Inc
NASDAQ:CRWV
48.6B USD 0 0 0 0
US
Reddit Inc
NYSE:RDDT
45.4B USD 27.2 209.7 293.8 329.7
CH
Galderma Group AG
SIX:GALD
31.1B CHF 0 0 0 0
P/S Multiple
Revenue Growth P/S to Growth
TH
M
Major Development PCL
SET:MJD
Average P/S: 3 263.2
0.2
N/A N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
World Financial Holding Group
OTC:WFHG
Not Available N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
9%
N/A
US
C
China Industrial Group Inc
OTC:CIND
287.9
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-4%
N/A
IN
S
SAB Industries Ltd
BSE:539112
15 999.1
N/A N/A
US
Coupang Inc
F:788
1.6
15%
0.1
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
US
R
Reddit Inc
NYSE:RDDT
27.2
33%
0.8
CH
G
Galderma Group AG
SIX:GALD
Not Available
15%
N/A
P/E Multiple
Earnings Growth PEG
TH
M
Major Development PCL
SET:MJD
Average P/E: 1 214.5
Negative Multiple: -1.2
N/A N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
World Financial Holding Group
OTC:WFHG
Not Available N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
42%
N/A
US
C
China Industrial Group Inc
OTC:CIND
3 293.2
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
-5%
N/A
IN
S
SAB Industries Ltd
BSE:539112
Negative Multiple: -35 569.9 N/A N/A
US
Coupang Inc
F:788
140.6
129%
1.1
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
US
R
Reddit Inc
NYSE:RDDT
209.7
N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
75%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
TH
M
Major Development PCL
SET:MJD
Average EV/EBITDA: 28 291.3
38.9
N/A N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
World Financial Holding Group
OTC:WFHG
Not Available N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
50%
N/A
US
C
China Industrial Group Inc
OTC:CIND
2 799
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
7%
N/A
IN
S
SAB Industries Ltd
BSE:539112
138 286.4
N/A N/A
US
Coupang Inc
F:788
38.3
56%
0.7
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available
143%
N/A
US
R
Reddit Inc
NYSE:RDDT
293.8
N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
23%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
M
Major Development PCL
SET:MJD
Average EV/EBIT: 30 093.1
81.2
N/A N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
World Financial Holding Group
OTC:WFHG
Not Available N/A N/A
US
G
GE Vernova LLC
NYSE:GEV
Not Available
85%
N/A
US
C
China Industrial Group Inc
OTC:CIND
2 897.2
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
Not Available
11%
N/A
IN
S
SAB Industries Ltd
BSE:539112
147 093.7
N/A N/A
US
Coupang Inc
F:788
63.8
79%
0.8
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
US
R
Reddit Inc
NYSE:RDDT
329.7
N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
34%
N/A