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MJD (Major Development Public Company Limited) Stock Analysis
Buy, Hold or Sell?

Let's analyze Major Development Public Company Limited together

I guess you are interested in Major Development Public Company Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Major Development Public Company Limited’s Financial Insights
  • 📈 Technical Analysis (TA) – Major Development Public Company Limited’s Price Targets

I'm going to help you getting a better view of Major Development Public Company Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Major Development Public Company Limited (30 sec.)










1.2. What can you expect buying and holding a share of Major Development Public Company Limited? (30 sec.)

How much money do you get?

How much money do you get?
฿0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
฿4.96
Expected worth in 1 year
฿4.60
How sure are you?
47.5%

+ What do you gain per year?

Total Gains per Share
฿-0.36
Return On Investment
-81.7%

For what price can you sell your share?

Current Price per Share
฿0.44
Expected price per share
฿0.4 - ฿0.48
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Major Development Public Company Limited (5 min.)




Live pricePrice per Share (EOD)
฿0.44
Intrinsic Value Per Share
฿-16.49 - ฿4.63
Total Value Per Share
฿-11.53 - ฿9.59

2.2. Growth of Major Development Public Company Limited (5 min.)




Is Major Development Public Company Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$132.2m$145m-$10.2m-7.6%

How much money is Major Development Public Company Limited making?

Current yearPrevious yearGrowGrow %
Making money-$2.6m-$2.4m-$135.1k-5.2%
Net Profit Margin-15.8%-15.9%--

How much money comes from the company's main activities?

2.3. Financial Health of Major Development Public Company Limited (5 min.)




2.4. Comparing to competitors in the Real Estate - Development industry (5 min.)




  Industry Rankings (Real Estate - Development)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Major Development Public Company Limited?

Welcome investor! Major Development Public Company Limited's management wants to use your money to grow the business. In return you get a share of Major Development Public Company Limited.

First you should know what it really means to hold a share of Major Development Public Company Limited. And how you can make/lose money.

Speculation

The Price per Share of Major Development Public Company Limited is ฿0.44. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Major Development Public Company Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Major Development Public Company Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ฿4.96. Based on the TTM, the Book Value Change Per Share is ฿-0.09 per quarter. Based on the YOY, the Book Value Change Per Share is ฿-0.09 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ฿0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Major Development Public Company Limited.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 ฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share
Usd Eps0.00-0.8%0.00-0.7%0.00-0.7%0.00-0.7%0.00-0.6%0.000.0%
Usd Book Value Change Per Share0.00-0.8%0.00-0.6%0.00-0.6%0.00-0.7%0.00-0.6%0.000.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.8%0.00-0.6%0.00-0.6%0.00-0.7%0.00-0.6%0.000.2%
Usd Price Per Share0.02-0.03-0.04-0.04-0.05-0.07-
Price to Earnings Ratio-1.36-0.10--3.87--2.64--5.54--0.01-
Price-to-Total Gains Ratio-5.42--5.47--16.53--15.69--14.07-27.26-
Price to Book Ratio0.13-0.20-0.25-0.24-0.26-0.46-
Price-to-Total Gains Ratio-5.42--5.47--16.53--15.69--14.07-27.26-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.01364
Number of shares73313
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (73313 shares)-204.19-181.36
Gains per Year (73313 shares)-816.76-725.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-817-8270-725-735
20-1634-16440-1451-1460
30-2450-24610-2176-2185
40-3267-32780-2902-2910
50-4084-40950-3627-3635
60-4901-49120-4353-4360
70-5717-57290-5078-5085
80-6534-65460-5804-5810
90-7351-73630-6529-6535
100-8168-81800-7254-7260

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%1.011.00.08.3%2.018.00.010.0%16.024.00.040.0%41.032.00.056.2%
Book Value Change Per Share1.03.00.025.0%1.011.00.08.3%4.016.00.020.0%19.021.00.047.5%40.032.01.054.8%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%7.00.066.09.6%
Total Gains per Share1.03.00.025.0%1.011.00.08.3%4.016.00.020.0%19.021.00.047.5%42.030.01.057.5%
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3.2. Key Performance Indicators

The key performance indicators of Major Development Public Company Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.120-0.090-25%-0.089-26%-0.096-20%-0.080-33%0.033-461%
Book Value Per Share--4.9585.014-1%5.439-9%5.408-8%5.721-13%5.284-6%
Current Ratio--1.7441.994-13%2.828-38%2.226-22%2.068-16%1.819-4%
Debt To Asset Ratio--0.7640.756+1%0.736+4%0.728+5%0.711+7%0.736+4%
Debt To Equity Ratio--3.2333.100+4%2.784+16%2.719+19%2.501+29%2.876+12%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value---13240949179.200-12383809407.138-6%-11009377643.150-17%-10774613880.471-19%-10231396789.838-23%-10144741867.798-23%
Eps---0.120-0.096-20%-0.092-23%-0.101-16%-0.084-30%0.002-6237%
Ev To Sales Ratio---7.573-5.769-24%-5.310-30%-4.756-37%-3.700-51%-3.170-58%
Free Cash Flow Per Share---0.129-0.231+79%-0.198+53%-0.153+18%-0.004-97%-0.114-12%
Free Cash Flow To Equity Per Share--0.3830.126+204%-0.342+189%0.104+270%0.042+813%0.066+482%
Gross Profit Margin--1.0000.862+16%1.959-49%1.653-40%3.570-72%1.700-41%
Intrinsic Value_10Y_max--4.635----------
Intrinsic Value_10Y_min---16.487----------
Intrinsic Value_1Y_max---0.324----------
Intrinsic Value_1Y_min---0.794----------
Intrinsic Value_3Y_max---0.373----------
Intrinsic Value_3Y_min---3.143----------
Intrinsic Value_5Y_max--0.303----------
Intrinsic Value_5Y_min---6.304----------
Market Cap378581294.080-48%559267820.800851370842.113-34%1172311393.600-52%1139272470.279-51%1321574513.212-58%1985714902.503-72%
Net Profit Margin---0.236-0.158-33%-0.159-33%-0.154-35%-0.114-52%-0.045-81%
Operating Margin---0.035-100%-0.0460%0.005-100%0.029-100%0.066-100%
Operating Ratio--1.4341.086+32%1.071+34%1.066+35%1.028+40%0.986+45%
Pb Ratio0.089-48%0.1310.195-33%0.250-48%0.242-46%0.261-50%0.457-71%
Pe Ratio-0.918+32%-1.3560.098-1486%-3.870+185%-2.637+94%-5.545+309%-0.006-100%
Price Per Share0.440-48%0.6500.980-34%1.363-52%1.318-51%1.511-57%2.289-72%
Price To Free Cash Flow Ratio-0.852+32%-1.258-1.556+24%-0.761-40%-2.427+93%-1.477+17%-21.017+1570%
Price To Total Gains Ratio-3.668+32%-5.419-5.471+1%-16.528+205%-15.685+189%-14.067+160%27.264-120%
Quick Ratio--0.0030.103-97%0.279-99%0.214-99%0.199-99%0.148-98%
Return On Assets---0.006-0.005-18%-0.004-22%-0.005-10%-0.004-25%0.000-98%
Return On Equity---0.024-0.019-20%-0.017-30%-0.019-22%-0.015-38%0.001-3249%
Total Gains Per Share---0.120-0.090-25%-0.089-26%-0.096-20%-0.080-33%0.033-461%
Usd Book Value--132253347.000134847427.721-2%145069906.253-9%144876191.647-9%154942408.998-15%142359236.520-7%
Usd Book Value Change Per Share---0.004-0.003-25%-0.003-26%-0.003-20%-0.002-33%0.001-461%
Usd Book Value Per Share--0.1540.155-1%0.169-9%0.168-8%0.177-13%0.164-6%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value---410469424.555-383898091.621-6%-341290706.938-17%-334013030.295-19%-317173300.485-23%-314486997.902-23%
Usd Eps---0.004-0.003-20%-0.003-23%-0.003-16%-0.003-30%0.000-6237%
Usd Free Cash Flow---3444658.000-6277728.447+82%-5273346.838+53%-4120051.616+20%-69599.261-98%-3031086.229-12%
Usd Free Cash Flow Per Share---0.004-0.007+79%-0.006+53%-0.005+18%0.000-97%-0.004-12%
Usd Free Cash Flow To Equity Per Share--0.0120.004+204%-0.011+189%0.003+270%0.001+813%0.002+482%
Usd Market Cap11736020.116-48%17337302.44526392496.105-34%36341653.202-52%35317446.579-51%40968809.910-58%61557161.978-72%
Usd Price Per Share0.014-48%0.0200.030-34%0.042-52%0.041-51%0.047-57%0.071-72%
Usd Profit---3196162.000-2601207.481-19%-2466090.137-23%-2717769.308-15%-2253671.110-29%48101.199-6745%
Usd Revenue--13550131.00016997833.185-20%16583784.808-18%18509573.899-27%26502573.150-49%31393447.996-57%
Usd Total Gains Per Share---0.004-0.003-25%-0.003-26%-0.003-20%-0.002-33%0.001-461%
 EOD+3 -5MRQTTM+10 -27YOY+9 -273Y+8 -295Y+5 -3210Y+5 -32

3.3 Fundamental Score

Let's check the fundamental score of Major Development Public Company Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.918
Price to Book Ratio (EOD)Between0-10.089
Net Profit Margin (MRQ)Greater than0-0.236
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.003
Current Ratio (MRQ)Greater than11.744
Debt to Asset Ratio (MRQ)Less than10.764
Debt to Equity Ratio (MRQ)Less than13.233
Return on Equity (MRQ)Greater than0.15-0.024
Return on Assets (MRQ)Greater than0.05-0.006
Total3/10 (30.0%)

3.4 Technical Score

Let's check the technical score of Major Development Public Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.560
Ma 20Greater thanMa 500.434
Ma 50Greater thanMa 1000.487
Ma 100Greater thanMa 2000.583
OpenGreater thanClose0.430
Total0/5 (0.0%)

4. In-depth Analysis

4.1 About Major Development Public Company Limited

Major Development Public Company Limited, together with its subsidiaries, engages in the development and sale of properties in Thailand. It operates through three segments: Property Development, Hotel Business, and Rental and Service Business. The company develops and sells land, houses, and residential condominium units. It is also involved in the hotel business; office building space rental and service; real estate agency, representative, and advisory; and condominium juristic person management. In addition, the company provides organizational development and management consulting services; and accommodates health business. Major Development Public Company Limited was founded in 1999 and is headquartered in Bangkok, Thailand.

Fundamental data was last updated by Penke on 2025-06-30 19:33:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Major Development Public Company Limited earns for each ฿1 of revenue.

  • Above 10% is considered healthy but always compare Major Development Public Company Limited to the Real Estate - Development industry mean.
  • A Net Profit Margin of -23.6% means that ฿-0.24 for each ฿1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Major Development Public Company Limited:

  • The MRQ is -23.6%. The company is making a huge loss. -2
  • The TTM is -15.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-23.6%TTM-15.8%-7.8%
TTM-15.8%YOY-15.9%+0.2%
TTM-15.8%5Y-11.4%-4.4%
5Y-11.4%10Y-4.5%-6.9%
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ-23.6%1.0%-24.6%
TTM-15.8%-19.3%+3.5%
YOY-15.9%15.2%-31.1%
3Y-15.4%1.9%-17.3%
5Y-11.4%7.8%-19.2%
10Y-4.5%10.0%-14.5%
4.3.1.2. Return on Assets

Shows how efficient Major Development Public Company Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Major Development Public Company Limited to the Real Estate - Development industry mean.
  • -0.6% Return on Assets means that Major Development Public Company Limited generated ฿-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Major Development Public Company Limited:

  • The MRQ is -0.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.6%TTM-0.5%-0.1%
TTM-0.5%YOY-0.4%0.0%
TTM-0.5%5Y-0.4%0.0%
5Y-0.4%10Y0.0%-0.4%
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
TTM-0.5%-1.8%+1.3%
YOY-0.4%0.7%-1.1%
3Y-0.5%-0.2%-0.3%
5Y-0.4%0.6%-1.0%
10Y0.0%1.1%-1.1%
4.3.1.3. Return on Equity

Shows how efficient Major Development Public Company Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Major Development Public Company Limited to the Real Estate - Development industry mean.
  • -2.4% Return on Equity means Major Development Public Company Limited generated ฿-0.02 for each ฿1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Major Development Public Company Limited:

  • The MRQ is -2.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.4%TTM-1.9%-0.5%
TTM-1.9%YOY-1.7%-0.2%
TTM-1.9%5Y-1.5%-0.4%
5Y-1.5%10Y0.1%-1.6%
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.4%0.1%-2.5%
TTM-1.9%-8.3%+6.4%
YOY-1.7%2.5%-4.2%
3Y-1.9%-1.3%-0.6%
5Y-1.5%1.5%-3.0%
10Y0.1%2.8%-2.7%
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4.3.2. Operating Efficiency of Major Development Public Company Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Major Development Public Company Limited is operating .

  • Measures how much profit Major Development Public Company Limited makes for each ฿1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Major Development Public Company Limited to the Real Estate - Development industry mean.
  • An Operating Margin of 0.0% means the company generated ฿0.00  for each ฿1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Major Development Public Company Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM3.5%-3.5%
TTM3.5%YOY-4.6%+8.1%
TTM3.5%5Y2.9%+0.5%
5Y2.9%10Y6.6%-3.6%
4.3.2.2. Operating Ratio

Measures how efficient Major Development Public Company Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Real Estate - Development industry mean).
  • An Operation Ratio of 1.43 means that the operating costs are ฿1.43 for each ฿1 in net sales.

Let's take a look of the Operating Ratio trends of Major Development Public Company Limited:

  • The MRQ is 1.434. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.086. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.434TTM1.086+0.349
TTM1.086YOY1.071+0.015
TTM1.0865Y1.028+0.057
5Y1.02810Y0.986+0.042
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4341.678-0.244
TTM1.0861.747-0.661
YOY1.0711.082-0.011
3Y1.0661.245-0.179
5Y1.0281.053-0.025
10Y0.9860.975+0.011
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4.4.3. Liquidity of Major Development Public Company Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Major Development Public Company Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Real Estate - Development industry mean).
  • A Current Ratio of 1.74 means the company has ฿1.74 in assets for each ฿1 in short-term debts.

Let's take a look of the Current Ratio trends of Major Development Public Company Limited:

  • The MRQ is 1.744. The company is able to pay all its short-term debts. +1
  • The TTM is 1.994. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.744TTM1.994-0.249
TTM1.994YOY2.828-0.834
TTM1.9945Y2.068-0.074
5Y2.06810Y1.819+0.249
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7441.810-0.066
TTM1.9941.685+0.309
YOY2.8281.765+1.063
3Y2.2261.778+0.448
5Y2.0681.922+0.146
10Y1.8191.981-0.162
4.4.3.2. Quick Ratio

Measures if Major Development Public Company Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Major Development Public Company Limited to the Real Estate - Development industry mean.
  • A Quick Ratio of 0.00 means the company can pay off ฿0.00 for each ฿1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Major Development Public Company Limited:

  • The MRQ is 0.003. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.103. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.003TTM0.103-0.100
TTM0.103YOY0.279-0.177
TTM0.1035Y0.199-0.096
5Y0.19910Y0.148+0.051
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0030.071-0.068
TTM0.1030.064+0.039
YOY0.2790.338-0.059
3Y0.2140.245-0.031
5Y0.1990.471-0.272
10Y0.1480.678-0.530
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4.5.4. Solvency of Major Development Public Company Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Major Development Public Company Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Major Development Public Company Limited to Real Estate - Development industry mean.
  • A Debt to Asset Ratio of 0.76 means that Major Development Public Company Limited assets are financed with 76.4% credit (debt) and the remaining percentage (100% - 76.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Major Development Public Company Limited:

  • The MRQ is 0.764. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.756. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.764TTM0.756+0.008
TTM0.756YOY0.736+0.020
TTM0.7565Y0.711+0.045
5Y0.71110Y0.736-0.025
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7640.798-0.034
TTM0.7560.759-0.003
YOY0.7360.717+0.019
3Y0.7280.731-0.003
5Y0.7110.717-0.006
10Y0.7360.673+0.063
4.5.4.2. Debt to Equity Ratio

Measures if Major Development Public Company Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Major Development Public Company Limited to the Real Estate - Development industry mean.
  • A Debt to Equity ratio of 323.3% means that company has ฿3.23 debt for each ฿1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Major Development Public Company Limited:

  • The MRQ is 3.233. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.100. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.233TTM3.100+0.134
TTM3.100YOY2.784+0.316
TTM3.1005Y2.501+0.599
5Y2.50110Y2.876-0.376
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2333.797-0.564
TTM3.1003.171-0.071
YOY2.7842.563+0.221
3Y2.7192.764-0.045
5Y2.5012.591-0.090
10Y2.8762.288+0.588
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ฿1 in earnings Major Development Public Company Limited generates.

  • Above 15 is considered overpriced but always compare Major Development Public Company Limited to the Real Estate - Development industry mean.
  • A PE ratio of -1.36 means the investor is paying ฿-1.36 for every ฿1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Major Development Public Company Limited:

  • The EOD is -0.918. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.356. Based on the earnings, the company is expensive. -2
  • The TTM is 0.098. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-0.918MRQ-1.356+0.438
MRQ-1.356TTM0.098-1.454
TTM0.098YOY-3.870+3.968
TTM0.0985Y-5.545+5.643
5Y-5.54510Y-0.006-5.539
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
EOD-0.918248.835-249.753
MRQ-1.356247.644-249.000
TTM0.09829.620-29.522
YOY-3.870699.998-703.868
3Y-2.637250.409-253.046
5Y-5.545147.969-153.514
10Y-0.00637.997-38.003
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Major Development Public Company Limited:

  • The EOD is -0.852. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.258. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.556. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.852MRQ-1.258+0.407
MRQ-1.258TTM-1.556+0.298
TTM-1.556YOY-0.761-0.795
TTM-1.5565Y-1.477-0.079
5Y-1.47710Y-21.017+19.540
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
EOD-0.852-4.583+3.731
MRQ-1.258-4.561+3.303
TTM-1.556-3.681+2.125
YOY-0.761-3.121+2.360
3Y-2.427-0.739-1.688
5Y-1.4770.837-2.314
10Y-21.017-0.549-20.468
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Major Development Public Company Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Real Estate - Development industry mean).
  • A PB ratio of 0.13 means the investor is paying ฿0.13 for each ฿1 in book value.

Let's take a look of the Price to Book Ratio trends of Major Development Public Company Limited:

  • The EOD is 0.089. Based on the equity, the company is cheap. +2
  • The MRQ is 0.131. Based on the equity, the company is cheap. +2
  • The TTM is 0.195. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.089MRQ0.131-0.042
MRQ0.131TTM0.195-0.064
TTM0.195YOY0.250-0.055
TTM0.1955Y0.261-0.066
5Y0.26110Y0.457-0.195
Compared to industry (Real Estate - Development)
PeriodCompanyIndustry (mean)+/- 
EOD0.0891.541-1.452
MRQ0.1311.534-1.403
TTM0.1951.366-1.171
YOY0.2501.177-0.927
3Y0.2421.353-1.111
5Y0.2611.654-1.393
10Y0.4571.709-1.252
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in THB. All numbers in thousands.

Summary
Total Assets18,066,454
Total Liabilities13,800,217
Total Stockholder Equity4,268,280
 As reported
Total Liabilities 13,800,217
Total Stockholder Equity+ 4,268,280
Total Assets = 18,066,454

Assets

Total Assets18,066,454
Total Current Assets11,397,133
Long-term Assets6,669,321
Total Current Assets
Cash And Cash Equivalents 548,405
Net Receivables 17,111
Inventory 10,444,276
Other Current Assets 43,147
Total Current Assets  (as reported)11,397,133
Total Current Assets  (calculated)11,052,939
+/- 344,194
Long-term Assets
Property Plant Equipment 2,064,541
Long Term Investments 520,545
Long-term Assets Other 257,880
Long-term Assets  (as reported)6,669,321
Long-term Assets  (calculated)2,842,966
+/- 3,826,355

Liabilities & Shareholders' Equity

Total Current Liabilities6,533,475
Long-term Liabilities7,266,742
Total Stockholder Equity4,268,280
Total Current Liabilities
Short Long Term Debt 5,643,794
Accounts payable 536,058
Other Current Liabilities 116,699
Total Current Liabilities  (as reported)6,533,475
Total Current Liabilities  (calculated)6,296,551
+/- 236,924
Long-term Liabilities
Long term Debt 6,794,372
Capital Lease Obligations Min Short Term Debt25,915
Long-term Liabilities Other 66,296
Long-term Liabilities  (as reported)7,266,742
Long-term Liabilities  (calculated)6,886,583
+/- 380,159
Total Stockholder Equity
Retained Earnings 2,138,137
Total Stockholder Equity (as reported)4,268,280
Total Stockholder Equity (calculated)2,138,137
+/- 2,130,143
Other
Capital Stock860,412
Common Stock Shares Outstanding 860,412
Net Debt 11,889,761
Net Invested Capital 16,706,446
Net Working Capital 4,863,658
Property Plant and Equipment Gross 2,064,541



6.2. Balance Sheets Structured

Currency in THB. All numbers in thousands.

 Trend2025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-03-312006-12-31
> Total Assets 
2,778,173
0
4,298,689
5,327,056
5,696,423
6,904,024
7,149,410
8,078,198
8,321,997
8,599,841
8,625,675
8,307,982
7,671,325
7,179,635
7,686,285
7,985,217
7,853,674
7,890,170
8,118,734
8,333,401
8,649,424
9,188,571
9,760,444
10,389,336
12,691,113
13,608,714
14,086,965
14,596,309
15,124,497
15,523,431
14,227,580
13,589,378
11,370,943
12,701,130
14,096,841
14,793,889
16,295,276
15,275,641
15,047,750
15,894,829
16,321,872
17,433,226
17,942,854
19,633,122
19,765,964
19,699,691
19,409,960
19,174,140
19,138,210
19,355,914
19,154,343
19,592,679
19,776,532
18,536,603
17,889,685
18,763,396
18,837,758
17,108,503
16,454,600
15,966,705
15,820,171
15,866,760
15,709,117
16,466,617
17,246,309
18,042,656
18,029,772
17,368,248
17,395,649
17,826,263
17,758,808
17,677,947
18,066,454
18,066,45417,677,94717,758,80817,826,26317,395,64917,368,24818,029,77218,042,65617,246,30916,466,61715,709,11715,866,76015,820,17115,966,70516,454,60017,108,50318,837,75818,763,39617,889,68518,536,60319,776,53219,592,67919,154,34319,355,91419,138,21019,174,14019,409,96019,699,69119,765,96419,633,12217,942,85417,433,22616,321,87215,894,82915,047,75015,275,64116,295,27614,793,88914,096,84112,701,13011,370,94313,589,37814,227,58015,523,43115,124,49714,596,30914,086,96513,608,71412,691,11310,389,3369,760,4449,188,5718,649,4248,333,4018,118,7347,890,1707,853,6747,985,2177,686,2857,179,6357,671,3258,307,9828,625,6758,599,8418,321,9978,078,1987,149,4106,904,0245,696,4235,327,0564,298,68902,778,173
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
7,639,698
6,982,227
6,475,335
6,579,250
6,824,432
6,616,707
6,553,710
6,726,657
7,017,379
7,300,402
7,772,791
8,271,726
8,665,504
10,883,513
11,465,932
11,649,596
11,670,702
12,088,628
13,961,803
12,534,636
11,370,061
8,476,819
9,351,250
10,254,262
10,236,955
11,617,212
10,917,504
10,708,832
11,454,373
11,490,012
12,515,696
12,774,230
14,062,016
14,096,599
13,626,514
13,177,213
13,074,283
12,886,059
12,881,321
12,509,805
12,654,976
12,738,211
11,517,784
11,169,932
11,699,030
11,430,245
9,644,456
9,423,205
8,172,304
7,852,622
8,246,451
8,073,909
8,459,400
9,150,124
10,782,820
10,777,291
11,281,134
11,327,062
11,714,997
11,656,402
11,086,412
11,397,133
11,397,13311,086,41211,656,40211,714,99711,327,06211,281,13410,777,29110,782,8209,150,1248,459,4008,073,9098,246,4517,852,6228,172,3049,423,2059,644,45611,430,24511,699,03011,169,93211,517,78412,738,21112,654,97612,509,80512,881,32112,886,05913,074,28313,177,21313,626,51414,096,59914,062,01612,774,23012,515,69611,490,01211,454,37310,708,83210,917,50411,617,21210,236,95510,254,2629,351,2508,476,81911,370,06112,534,63613,961,80312,088,62811,670,70211,649,59611,465,93210,883,5138,665,5048,271,7267,772,7917,300,4027,017,3796,726,6576,553,7106,616,7076,824,4326,579,2506,475,3356,982,2277,639,69800000000000
       Cash And Cash Equivalents 
110,713
0
66,360
392,036
292,686
249,767
116,299
47,836
40,841
11,918
3,660
53,995
60,099
156,632
119,079
100,040
164,916
80,106
84,620
99,844
148,965
80,497
318,882
128,827
201,199
551,921
396,851
385,093
338,434
306,743
766,047
1,116,749
1,218,799
225,343
822,118
286,904
666,114
653,204
602,354
750,645
717,060
932,705
518,994
716,715
566,698
568,863
579,866
848,625
385,625
440,462
398,736
388,686
1,048,808
874,715
942,884
1,548,127
2,215,287
499,078
339,485
539,048
444,269
656,979
576,980
1,007,513
1,785,431
1,564,381
1,144,241
362,294
319,955
239,689
276,213
272,365
548,405
548,405272,365276,213239,689319,955362,2941,144,2411,564,3811,785,4311,007,513576,980656,979444,269539,048339,485499,0782,215,2871,548,127942,884874,7151,048,808388,686398,736440,462385,625848,625579,866568,863566,698716,715518,994932,705717,060750,645602,354653,204666,114286,904822,118225,3431,218,7991,116,749766,047306,743338,434385,093396,851551,921201,199128,827318,88280,497148,96599,84484,62080,106164,916100,040119,079156,63260,09953,9953,66011,91840,84147,836116,299249,767292,686392,03666,3600110,713
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50,000
0
0
450,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100,083
100,733
0
0
00100,733100,08300000000000000000000000000000000450,0000050,000000000000000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
2,136,974
1,079,641
555,548
1,004,113
87,376
89,322
82,404
99,972
81,035
103,008
137,943
44,423
16,502
104,274
99,755
68,523
38,000
24,679
26,045
23,463
15,832
16,389
22,183
27,486
14,396
17,636
19,747
13,057
12,097
682,028
13,251
18,758
19,566
718,135
39,352
43,882
27,198
33,982
96,306
102,137
21,004
21,299
19,909
19,510
15,393
146,044
147,858
219,981
19,155
168,583
130,579
138,888
18,410
399,209
408,349
468,422
21,479
346,424
376,595
367,810
296,887
17,111
17,111296,887367,810376,595346,42421,479468,422408,349399,20918,410138,888130,579168,58319,155219,981147,858146,04415,39319,51019,90921,29921,004102,13796,30633,98227,19843,88239,352718,13519,56618,75813,251682,02812,09713,05719,74717,63614,39627,48622,18316,38915,83223,46326,04524,67938,00068,52399,755104,27416,50244,423137,943103,00881,03599,97282,40489,32287,3761,004,113555,5481,079,6412,136,97400000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
5,448,729
5,842,487
5,763,155
5,456,058
178,408
6,362,469
6,391,200
353,263
337,223
394,236
539,241
871,330
868,815
631,234
554,676
619,274
635,200
765,960
2,476,209
11,923,336
3,500,428
8,153,808
9,052,351
9,403,231
803,024
10,480,758
10,241,457
10,089,929
1,766,387
1,224,712
1,825,408
12,231,957
1,518,247
683,919
1,406,440
1,274,873
1,051,212
1,587,390
1,438,706
1,344,865
1,743,332
1,672,906
1,478,780
1,001,517
1,690,772
1,102,473
919,938
1,292,190
583,927
484,805
316,662
425,742
756,438
365,092
403,203
394,523
409,691
423,115
331,641
318,324
164,795
43,147
43,147164,795318,324331,641423,115409,691394,523403,203365,092756,438425,742316,662484,805583,9271,292,190919,9381,102,4731,690,7721,001,5171,478,7801,672,9061,743,3321,344,8651,438,7061,587,3901,051,2121,274,8731,406,440683,9191,518,24712,231,9571,825,4081,224,7121,766,38710,089,92910,241,45710,480,758803,0249,403,2319,052,3518,153,8083,500,42811,923,3362,476,209765,960635,200619,274554,676631,234868,815871,330539,241394,236337,223353,2636,391,2006,362,469178,4085,456,0585,763,1555,842,4875,448,72900000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
668,284
689,098
704,300
1,107,035
1,160,785
1,236,967
1,336,460
1,392,077
1,316,022
1,349,022
1,415,780
1,488,718
1,723,832
1,807,600
2,142,782
2,437,369
2,925,606
3,035,869
1,561,628
1,692,944
2,219,316
2,894,124
3,349,880
3,842,579
4,556,934
4,678,064
4,358,137
4,338,918
4,440,456
4,831,860
4,917,530
5,168,624
5,571,107
5,669,365
6,073,177
6,232,747
6,099,857
6,252,151
6,474,593
6,644,538
6,937,703
7,038,321
7,018,819
6,719,753
7,064,366
7,407,513
7,464,047
7,031,395
7,794,401
7,967,549
7,620,309
7,635,208
8,007,217
8,096,185
7,259,836
7,252,481
6,087,114
6,068,587
6,111,266
6,102,406
6,591,536
6,669,321
6,669,3216,591,5366,102,4066,111,2666,068,5876,087,1147,252,4817,259,8368,096,1858,007,2177,635,2087,620,3097,967,5497,794,4017,031,3957,464,0477,407,5137,064,3666,719,7537,018,8197,038,3216,937,7036,644,5386,474,5936,252,1516,099,8576,232,7476,073,1775,669,3655,571,1075,168,6244,917,5304,831,8604,440,4564,338,9184,358,1374,678,0644,556,9343,842,5793,349,8802,894,1242,219,3161,692,9441,561,6283,035,8692,925,6062,437,3692,142,7821,807,6001,723,8321,488,7181,415,7801,349,0221,316,0221,392,0771,336,4601,236,9671,160,7851,107,035704,300689,098668,28400000000000
       Property Plant Equipment 
174,320
0
187,976
173,825
182,410
409,512
432,728
445,164
434,123
434,664
439,696
436,729
459,142
474,445
874,014
916,650
586,441
1,322,579
1,379,926
1,304,201
1,338,066
1,405,193
744,346
859,485
855,061
882,238
953,459
949,431
965,050
968,206
1,058,413
1,187,972
1,336,438
1,329,809
1,466,442
1,822,235
1,956,705
2,173,951
2,147,768
2,188,726
2,183,935
2,121,877
2,159,338
2,328,203
2,362,375
2,415,950
2,401,434
2,582,007
2,535,153
2,516,083
2,533,793
2,815,714
2,903,921
2,871,267
2,809,595
2,772,344
2,758,243
2,730,494
2,312,050
2,310,431
2,293,289
2,373,049
2,283,993
2,150,737
2,128,529
2,107,346
2,101,800
2,110,267
2,099,844
2,088,020
2,064,572
2,080,585
2,064,541
2,064,5412,080,5852,064,5722,088,0202,099,8442,110,2672,101,8002,107,3462,128,5292,150,7372,283,9932,373,0492,293,2892,310,4312,312,0502,730,4942,758,2432,772,3442,809,5952,871,2672,903,9212,815,7142,533,7932,516,0832,535,1532,582,0072,401,4342,415,9502,362,3752,328,2032,159,3382,121,8772,183,9352,188,7262,147,7682,173,9511,956,7051,822,2351,466,4421,329,8091,336,4381,187,9721,058,413968,206965,050949,431953,459882,238855,061859,485744,3461,405,1931,338,0661,304,2011,379,9261,322,579586,441916,650874,014474,445459,142436,729439,696434,664434,123445,164432,728409,512182,410173,825187,9760174,320
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000-10000000000000001000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
57,354
87,067
96,429
80,873
61,731
72,586
269,989
359,829
336,893
201,127
217,056
138,375
155,833
122,062
109,038
53,508
108,508
101,419
103,180
106,112
103,930
162,886
187,147
184,422
225,522
244,065
278,399
292,667
340,022
274,755
424,225
371,917
560,364
520,545
520,545560,364371,917424,225274,755340,022292,667278,399244,065225,522184,422187,147162,886103,930106,112103,180101,419108,50853,508109,038122,062155,833138,375217,056201,127336,893359,829269,98972,58661,73180,87396,42987,06757,354000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
1,449
6,815
6,836
6,884
6,682
6,607
6,721
6,690
6,506
7,154
7,053
6,890
6,520
6,404
6,167
5,902
6,071
7,786
7,466
7,100
8,583
9,065
8,817
8,639
7,175
9,660
9,707
11,022
11,337
11,074
12,518
11,920
16,425
24,164
24,241
39,216
40,358
41,260
40,680
39,792
39,285
39,724
23,253
22,031
22,707
21,878
19,636
19,357
18,252
16,764
16,495
15,457
17,735
17,116
19,303
21,145
21,700
21,085
21,597
21,428
20,617
0
0
0
00020,61721,42821,59721,08521,70021,14519,30317,11617,73515,45716,49516,76418,25219,35719,63621,87822,70722,03123,25339,72439,28539,79240,68041,26040,35839,21624,24124,16416,42511,92012,51811,07411,33711,0229,7079,6607,1758,6398,8179,0658,5837,1007,4667,7866,0715,9026,1676,4046,5206,8907,0537,1546,5066,6906,7216,6076,6826,8846,8366,8151,449000000000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
215,010
215,010
215,010
215,010
215,010
636,476
0
0
-80,970
0
1,825
2,206
-62,415
45,077
45,279
16,797
1,740,067
17,301
393,248
389,369
785,969
1,287,942
1,703,328
2,046,910
2,486,942
2,494,856
2,017,662
2,031,523
2,097,738
2,451,778
2,566,013
2,763,411
3,049,548
3,028,174
3,177,011
3,260,270
3,001,796
3,327,485
3,557,928
3,779,517
3,754,672
3,801,092
3,831,195
3,646,122
3,999,588
4,399,304
4,498,382
4,489,714
5,243,282
5,361,128
4,887,905
4,978,315
5,430,484
5,513,146
4,656,914
4,627,298
114,710
133,826
114,844
3,393,426
3,680,111
257,880
257,8803,680,1113,393,426114,844133,826114,7104,627,2984,656,9145,513,1465,430,4844,978,3154,887,9055,361,1285,243,2824,489,7144,498,3824,399,3043,999,5883,646,1223,831,1953,801,0923,754,6723,779,5173,557,9283,327,4853,001,7963,260,2703,177,0113,028,1743,049,5482,763,4112,566,0132,451,7782,097,7382,031,5232,017,6622,494,8562,486,9422,046,9101,703,3281,287,942785,969389,369393,24817,3011,740,06716,79745,27945,077-62,4152,2061,8250-80,97000636,476215,010215,010215,010215,010215,01000000000000
> Total Liabilities 
1,938,303
0
3,281,220
3,280,664
3,542,433
4,799,853
4,938,888
5,878,613
6,020,862
6,319,872
6,245,325
5,911,786
5,201,170
4,753,150
5,232,836
5,495,999
5,695,591
5,721,703
5,958,475
6,157,466
6,523,428
7,115,900
7,661,389
8,297,617
10,471,248
11,160,849
11,667,185
12,190,922
12,649,433
13,023,630
11,553,823
10,520,013
8,235,909
9,624,155
11,010,214
11,256,626
12,688,646
11,411,873
11,105,904
11,931,719
12,463,295
13,660,667
14,356,340
15,848,142
15,954,880
15,600,957
15,236,529
14,603,350
13,901,532
14,133,340
13,730,940
14,136,419
14,121,842
12,961,870
12,322,519
13,109,894
13,212,139
11,622,722
11,049,663
10,656,818
10,560,058
10,738,257
10,717,158
11,506,694
12,363,953
13,235,625
13,335,459
12,726,346
12,820,197
13,366,427
13,454,656
13,308,504
13,800,217
13,800,21713,308,50413,454,65613,366,42712,820,19712,726,34613,335,45913,235,62512,363,95311,506,69410,717,15810,738,25710,560,05810,656,81811,049,66311,622,72213,212,13913,109,89412,322,51912,961,87014,121,84214,136,41913,730,94014,133,34013,901,53214,603,35015,236,52915,600,95715,954,88015,848,14214,356,34013,660,66712,463,29511,931,71911,105,90411,411,87312,688,64611,256,62611,010,2149,624,1558,235,90910,520,01311,553,82313,023,63012,649,43312,190,92211,667,18511,160,84910,471,2488,297,6177,661,3897,115,9006,523,4286,157,4665,958,4755,721,7035,695,5915,495,9995,232,8364,753,1505,201,1705,911,7866,245,3256,319,8726,020,8625,878,6134,938,8884,799,8533,542,4333,280,6643,281,22001,938,303
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
4,325,689
2,976,189
2,445,786
2,707,140
3,788,527
4,005,801
3,978,757
3,951,945
4,699,020
3,542,891
3,956,066
5,416,229
5,658,128
6,091,606
7,309,657
7,954,584
7,500,447
7,906,536
8,840,862
7,861,820
7,761,931
6,536,357
6,323,866
6,742,215
6,620,014
7,327,859
6,633,333
6,418,860
7,866,362
8,632,606
7,620,818
8,129,751
8,282,110
8,607,339
9,968,066
10,375,697
9,028,082
8,658,162
7,728,226
7,373,695
7,069,958
6,691,037
7,404,931
7,772,467
7,261,552
5,981,803
4,514,838
3,566,361
4,791,188
4,759,642
4,183,014
5,283,522
4,580,472
4,396,307
4,831,193
3,966,302
3,873,595
3,284,549
4,747,374
5,778,977
6,350,568
6,533,475
6,533,4756,350,5685,778,9774,747,3743,284,5493,873,5953,966,3024,831,1934,396,3074,580,4725,283,5224,183,0144,759,6424,791,1883,566,3614,514,8385,981,8037,261,5527,772,4677,404,9316,691,0377,069,9587,373,6957,728,2268,658,1629,028,08210,375,6979,968,0668,607,3398,282,1108,129,7517,620,8188,632,6067,866,3626,418,8606,633,3337,327,8596,620,0146,742,2156,323,8666,536,3577,761,9317,861,8208,840,8627,906,5367,500,4477,954,5847,309,6576,091,6065,658,1285,416,2293,956,0663,542,8914,699,0203,951,9453,978,7574,005,8013,788,5272,707,1402,445,7862,976,1894,325,68900000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
2,435,463
1,380,597
893,863
828,224
1,808,648
1,570,072
1,657,164
1,511,164
2,290,973
1,046,525
1,029,941
1,984,766
2,936,986
2,291,770
4,278,311
4,752,613
4,184,475
4,361,669
5,047,458
4,177,577
4,032,741
3,731,265
3,595,418
3,982,479
4,033,348
4,371,407
4,158,329
3,939,833
5,553,493
6,246,318
5,189,140
5,367,681
4,837,336
5,339,189
6,265,431
6,596,525
5,322,979
5,330,501
4,216,889
4,074,368
3,950,277
3,809,456
4,901,348
5,480,618
5,089,773
4,255,416
3,064,898
2,314,976
3,703,273
3,649,098
3,090,073
4,379,542
3,591,108
3,469,801
3,905,437
3,004,504
2,852,046
2,273,508
3,644,436
4,651,780
5,509,120
0
05,509,1204,651,7803,644,4362,273,5082,852,0463,004,5043,905,4373,469,8013,591,1084,379,5423,090,0733,649,0983,703,2732,314,9763,064,8984,255,4165,089,7735,480,6184,901,3483,809,4563,950,2774,074,3684,216,8895,330,5015,322,9796,596,5256,265,4315,339,1894,837,3365,367,6815,189,1406,246,3185,553,4933,939,8334,158,3294,371,4074,033,3483,982,4793,595,4183,731,2654,032,7414,177,5775,047,4584,361,6694,184,4754,752,6134,278,3112,291,7702,936,9861,984,7661,029,9411,046,5252,290,9731,511,1641,657,1641,570,0721,808,648828,224893,8631,380,5972,435,46300000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,443,014
9,899,499
11,058,134
3,239,768
3,215,684
4,741,033
5,242,463
5,771,941
4,487,905
5,325,014
4,211,532
4,068,339
3,945,213
3,800,218
4,892,184
5,470,897
5,079,681
4,245,661
3,055,015
2,304,835
3,691,961
3,639,095
3,080,034
4,369,949
3,582,174
3,462,769
3,899,563
2,999,734
2,848,235
2,269,526
3,640,514
4,646,997
5,504,665
5,643,794
5,643,7945,504,6654,646,9973,640,5142,269,5262,848,2352,999,7343,899,5633,462,7693,582,1744,369,9493,080,0343,639,0953,691,9612,304,8353,055,0154,245,6615,079,6815,470,8974,892,1843,800,2183,945,2134,068,3394,211,5325,325,0144,487,9055,771,9415,242,4634,741,0333,215,6843,239,76811,058,1349,899,4999,443,014000000000000000000000000000000000000000
       Accounts payable 
203,849
0
412,172
360,421
445,019
331,016
440,364
710,277
692,565
686,990
706,929
470,097
378,028
402,301
541,564
804,756
572,400
455,623
542,994
824,781
540,691
588,640
736,080
779,657
767,200
912,602
608,553
685,834
875,216
1,136,834
1,051,519
1,249,109
1,307,197
1,150,865
1,153,560
877,466
1,402,817
1,059,897
996,225
839,499
900,572
853,089
1,007,343
1,805,332
1,624,465
1,775,514
1,813,716
1,081,584
1,263,783
1,329,833
1,369,136
660,765
1,370,821
1,189,078
1,083,300
529,505
804,050
667,614
602,889
234,034
547,654
526,706
480,511
247,830
499,385
488,375
496,726
397,737
453,804
516,814
532,292
369,789
536,058
536,058369,789532,292516,814453,804397,737496,726488,375499,385247,830480,511526,706547,654234,034602,889667,614804,050529,5051,083,3001,189,0781,370,821660,7651,369,1361,329,8331,263,7831,081,5841,813,7161,775,5141,624,4651,805,3321,007,343853,089900,572839,499996,2251,059,8971,402,817877,4661,153,5601,150,8651,307,1971,249,1091,051,5191,136,834875,216685,834608,553912,602767,200779,657736,080588,640540,691824,781542,994455,623572,400804,756541,564402,301378,028470,097706,929686,990692,565710,277440,364331,016445,019360,421412,1720203,849
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
1,221,200
1,066,063
1,092,933
1,263,622
1,096,984
1,823,048
1,865,970
1,897,787
48,379
1,954,233
2,329,366
856,730
176,422
1,162,431
68,397
2,548,916
2,132,885
2,604,615
2,624,024
2,582,996
2,370,105
1,388,599
1,571,056
1,606,113
1,702,001
1,537,730
1,377,681
1,472,716
1,466,228
1,473,521
1,578,589
1,754,727
423,679
168,795
188,562
156,758
2,602,950
279,980
267,613
204,853
2,410,103
189,158
202,265
185,134
1,596,919
177,330
166,806
160,470
853,618
233,329
234,836
125,256
722,378
128,652
128,067
128,164
242,527
141,683
161,830
137,998
234,495
116,699
116,699234,495137,998161,830141,683242,527128,164128,067128,652722,378125,256234,836233,329853,618160,470166,806177,3301,596,919185,134202,265189,1582,410,103204,853267,613279,9802,602,950156,758188,562168,795423,6791,754,7271,578,5891,473,5211,466,2281,472,7161,377,6811,537,7301,702,0011,606,1131,571,0561,388,5992,370,1052,582,9962,624,0242,604,6152,132,8852,548,91668,3971,162,431176,422856,7302,329,3661,954,23348,3791,897,7871,865,9701,823,0481,096,9841,263,6221,092,9331,066,0631,221,20000000000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
1,586,097
2,224,981
2,307,364
2,525,696
1,707,471
1,689,790
1,742,946
2,006,530
1,458,446
2,980,537
3,159,834
2,245,160
2,639,490
4,379,642
3,851,192
3,712,601
4,690,475
4,742,897
4,182,768
3,692,003
2,758,082
1,699,552
3,300,289
4,267,999
4,636,611
5,360,787
4,778,540
4,687,044
4,065,357
3,830,689
6,039,849
6,226,589
7,566,032
7,347,541
5,632,891
4,860,832
5,575,268
5,243,370
6,405,114
6,357,245
7,066,461
7,430,805
5,556,939
4,550,052
5,848,342
7,230,336
7,107,884
7,483,302
5,865,630
5,800,416
6,555,243
5,433,636
6,926,222
7,967,646
8,404,432
9,369,157
8,852,751
9,535,648
8,619,053
7,675,679
6,957,936
7,266,742
7,266,7426,957,9367,675,6798,619,0539,535,6488,852,7519,369,1578,404,4327,967,6466,926,2225,433,6366,555,2435,800,4165,865,6307,483,3027,107,8847,230,3365,848,3424,550,0525,556,9397,430,8057,066,4616,357,2456,405,1145,243,3705,575,2684,860,8325,632,8917,347,5417,566,0326,226,5896,039,8493,830,6894,065,3574,687,0444,778,5405,360,7874,636,6114,267,9993,300,2891,699,5522,758,0823,692,0034,182,7684,742,8974,690,4753,712,6013,851,1924,379,6422,639,4902,245,1603,159,8342,980,5371,458,4462,006,5301,742,9461,689,7901,707,4712,525,6962,307,3642,224,9811,586,09700000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
-2,435,463
-1,380,597
-893,863
-828,224
-1,808,648
-1,570,072
-1,657,164
-1,511,164
-2,290,973
-1,046,525
-1,029,941
-1,984,766
-2,936,986
-2,291,770
-4,278,311
-4,752,613
-4,184,475
-4,361,669
-5,047,458
-4,177,577
-4,032,741
-3,731,265
-3,595,418
-3,982,479
-4,033,348
-4,371,407
-4,158,329
-3,939,833
-5,553,493
-6,246,318
-5,189,140
-5,367,681
-4,837,336
-5,339,189
-6,265,431
-6,596,525
-5,322,979
-5,314,121
-4,201,688
-4,056,216
-3,934,376
-3,768,265
-4,862,694
-5,441,555
-5,053,059
-4,221,725
-3,033,557
-2,286,011
-3,672,720
-3,620,228
-3,063,102
-4,345,439
-3,558,946
-3,441,717
-3,878,551
-2,978,832
-2,827,515
-2,249,013
-3,620,777
-4,624,319
-5,482,723
25,915
25,915-5,482,723-4,624,319-3,620,777-2,249,013-2,827,515-2,978,832-3,878,551-3,441,717-3,558,946-4,345,439-3,063,102-3,620,228-3,672,720-2,286,011-3,033,557-4,221,725-5,053,059-5,441,555-4,862,694-3,768,265-3,934,376-4,056,216-4,201,688-5,314,121-5,322,979-6,596,525-6,265,431-5,339,189-4,837,336-5,367,681-5,189,140-6,246,318-5,553,493-3,939,833-4,158,329-4,371,407-4,033,348-3,982,479-3,595,418-3,731,265-4,032,741-4,177,577-5,047,458-4,361,669-4,184,475-4,752,613-4,278,311-2,291,770-2,936,986-1,984,766-1,029,941-1,046,525-2,290,973-1,511,164-1,657,164-1,570,072-1,808,648-828,224-893,863-1,380,597-2,435,46300000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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0
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0
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0
0
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22,441
24,092
23,788
24,601
23,484
22,559
22,446
23,469
25,458
27,077
28,350
29,899
31,364
34,273
34,479
38,419
39,538
41,320
43,386
44,133
52,587
55,671
60,951
65,626
66,296
66,29665,62660,95155,67152,58744,13343,38641,32039,53838,41934,47934,27331,36429,89928,35027,07725,45823,46922,44622,55923,48424,60123,78824,09222,441000000000000000000000000000000000000000000000000
> Total Stockholder Equity
839,870
839,870
1,017,469
2,034,449
2,145,685
2,099,276
2,208,610
2,199,584
2,301,134
2,279,968
2,380,349
2,396,194
2,470,154
2,426,484
2,453,448
2,489,217
2,161,120
2,174,358
2,169,565
2,187,771
2,140,041
2,089,588
2,110,891
2,096,907
2,210,251
2,425,876
2,376,837
2,356,547
2,413,868
2,438,001
2,613,161
3,015,900
3,135,032
3,076,975
3,086,627
3,537,263
3,606,630
3,863,768
3,941,846
3,963,110
3,858,577
3,772,559
3,586,514
3,784,980
3,811,084
4,098,734
4,173,431
4,570,790
5,236,678
5,222,574
5,423,403
5,456,259
5,654,690
5,574,733
5,567,166
5,653,502
5,625,619
5,485,660
5,404,314
5,309,478
5,259,819
5,128,328
4,991,889
4,960,002
4,882,520
4,807,233
4,695,071
4,642,788
4,576,417
4,461,254
4,305,809
4,371,382
4,268,280
4,268,2804,371,3824,305,8094,461,2544,576,4174,642,7884,695,0714,807,2334,882,5204,960,0024,991,8895,128,3285,259,8195,309,4785,404,3145,485,6605,625,6195,653,5025,567,1665,574,7335,654,6905,456,2595,423,4035,222,5745,236,6784,570,7904,173,4314,098,7343,811,0843,784,9803,586,5143,772,5593,858,5773,963,1103,941,8463,863,7683,606,6303,537,2633,086,6273,076,9753,135,0323,015,9002,613,1612,438,0012,413,8682,356,5472,376,8372,425,8762,210,2512,096,9072,110,8912,089,5882,140,0412,187,7712,169,5652,174,3582,161,1202,489,2172,453,4482,426,4842,470,1542,396,1942,380,3492,279,9682,301,1342,199,5842,208,6102,099,2762,145,6852,034,4491,017,469839,870839,870
   Common Stock
500,000
0
500,000
700,000
700,000
700,000
700,000
700,000
700,000
700,000
700,000
700,000
700,000
700,000
700,000
704,058
704,279
704,379
704,379
704,379
704,379
704,379
704,379
704,382
704,381
718,563
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860,412
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860,412
860,412
860,412
860,412
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860,412
860,412
860,412
860,412
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860,412
860,412
860,412
860,412
860,412
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860,412
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860,412
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860,412
860,412
860,412
860,412
860,412
860,412
860,412
860,412
860,412
860,412
860,412
860,412
860,412
860,412
860,412
860,412
860,412
0
0860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412860,412718,563704,381704,382704,379704,379704,379704,379704,379704,379704,279704,058700,000700,000700,000700,000700,000700,000700,000700,000700,000700,000700,000700,000500,0000500,000
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
95,939
0
0
0
95,939
28,362
95,939
95,939
95,939
95,939
95,939
95,939
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
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105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
105,000
372,549
372,549
105,000
105,000
384,699
105,000
105,000
105,000
105,000
105,000
396,801
366,961
394,464
0
0394,464366,961396,801105,000105,000105,000105,000105,000384,699105,000105,000372,549372,549105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,000105,00095,93995,93995,93995,93995,93995,93928,36295,93900095,9390000000000000000000
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
714,855
784,855
784,855
792,971
234,797
719,333
719,233
1,465,186
647,039
719,234
719,234
719,240
518,945
747,598
1,017,116
971,206
614,071
875,267
881,364
875,267
1,269,033
980,267
875,267
875,267
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989,667
875,267
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1,018,647
1,018,648
1,018,648
1,018,648
552,795
1,067,540
1,067,540
1,067,540
1,119,489
1,119,489
1,119,489
1,119,489
875,267
1,122,723
1,122,723
1,122,723
875,267
875,267
1,142,816
1,142,816
875,267
1,154,966
1,154,966
1,154,966
1,167,068
875,267
875,267
875,267
875,267
0
0875,267875,267875,267875,2671,167,0681,154,9661,154,9661,154,966875,2671,142,8161,142,816875,267875,2671,122,7231,122,7231,122,723875,2671,119,4891,119,4891,119,4891,119,4891,067,5401,067,5401,067,540552,7951,018,6481,018,6481,018,6481,018,6471,009,7501,009,7501,009,7501,009,749875,267989,667875,267875,267875,267875,267980,2671,269,033875,267881,364875,267614,071971,2061,017,116747,598518,945719,240719,234719,234647,0391,465,186719,233719,333234,797792,971784,855784,855714,85500000000000



6.3. Balance Sheets

Currency in THB. All numbers in thousands.




6.4. Cash Flows

Currency in THB. All numbers in thousands.




6.5. Income Statements

Currency in THB. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in THB. All numbers in thousands.

Gross Profit (+$)
totalRevenue2,361,959
Cost of Revenue-1,613,825
Gross Profit748,134748,134
 
Operating Income (+$)
Gross Profit748,134
Operating Expense-684,123
Operating Income64,01164,011
 
Operating Expense (+$)
Research Development0
Selling General Administrative550,449
Selling And Marketing Expenses259,548
Operating Expense684,123809,997
 
Net Interest Income (+$)
Interest Income35,904
Interest Expense-400,812
Other Finance Cost-0
Net Interest Income-364,907
 
Pretax Income (+$)
Operating Income64,011
Net Interest Income-364,907
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-296,774424,796
EBIT - interestExpense = -296,774
-295,721
101,903
Interest Expense400,812
Earnings Before Interest and Taxes (EBIT)104,038104,038
Earnings Before Interest and Taxes (EBITDA)197,623
 
After tax Income (+$)
Income Before Tax-296,774
Tax Provision-3,187
Net Income From Continuing Ops-299,962-299,962
Net Income-298,909
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,297,948
Total Other Income/Expenses Net-360,785364,907
 

Technical Analysis of Major Development Public Company Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Major Development Public Company Limited. The general trend of Major Development Public Company Limited is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Major Development Public Company Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Major Development Public Company Limited Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Major Development Public Company Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.44 < 0.48 < 0.48.

The bearish price targets are: 0.4 > 0.4 > 0.4.

Know someone who trades $MJD? Share this with them.👇

Major Development Public Company Limited Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Major Development Public Company Limited. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Major Development Public Company Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Major Development Public Company Limited. The current macd is -0.01926352.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Major Development Public Company Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Major Development Public Company Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Major Development Public Company Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Major Development Public Company Limited Daily Moving Average Convergence/Divergence (MACD) ChartMajor Development Public Company Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Major Development Public Company Limited. The current adx is 28.17.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Major Development Public Company Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Major Development Public Company Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Major Development Public Company Limited. The current sar is 0.4.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Major Development Public Company Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Major Development Public Company Limited. The current rsi is 47.56. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Major Development Public Company Limited Daily Relative Strength Index (RSI) ChartMajor Development Public Company Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Major Development Public Company Limited. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Major Development Public Company Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Major Development Public Company Limited Daily Stochastic Oscillator ChartMajor Development Public Company Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Major Development Public Company Limited. The current cci is -4.95662949.

Major Development Public Company Limited Daily Commodity Channel Index (CCI) ChartMajor Development Public Company Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Major Development Public Company Limited. The current cmo is 7.92364148.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Major Development Public Company Limited Daily Chande Momentum Oscillator (CMO) ChartMajor Development Public Company Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Major Development Public Company Limited. The current willr is -20.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Major Development Public Company Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Major Development Public Company Limited Daily Williams %R ChartMajor Development Public Company Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Major Development Public Company Limited.

Major Development Public Company Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Major Development Public Company Limited. The current atr is 0.02679943.

Major Development Public Company Limited Daily Average True Range (ATR) ChartMajor Development Public Company Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Major Development Public Company Limited. The current obv is -2,536,207.

Major Development Public Company Limited Daily On-Balance Volume (OBV) ChartMajor Development Public Company Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Major Development Public Company Limited. The current mfi is 28.48.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Major Development Public Company Limited Daily Money Flow Index (MFI) ChartMajor Development Public Company Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Major Development Public Company Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-11STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-02-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-03STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-12MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-17MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-03-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-03-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-28STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-04-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-09STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-04-10RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-16STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-04-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-05-13STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-14STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-05-15STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-05-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-26MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-05-27MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-05-28MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-05-29MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-05-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-05MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-16RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-06-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-30STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-07-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Major Development Public Company Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Major Development Public Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.560
Ma 20Greater thanMa 500.434
Ma 50Greater thanMa 1000.487
Ma 100Greater thanMa 2000.583
OpenGreater thanClose0.430
Total0/5 (0.0%)
Penke
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