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MAJOR DRILLING GROUP INTL (MDI.CA) Stock Fundamental Analysis

TSX:MDI - Toronto Stock Exchange - CA5609091031 - Common Stock - Currency: CAD

9.14  +0.1 (+1.11%)

Fundamental Rating

7

Overall MDI gets a fundamental rating of 7 out of 10. We evaluated MDI against 818 industry peers in the Metals & Mining industry. MDI gets an excellent profitability rating and is at the same time showing great financial health properties. MDI is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make MDI a good candidate for value and quality investing.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

MDI had positive earnings in the past year.
In the past year MDI had a positive cash flow from operations.
MDI had positive earnings in 4 of the past 5 years.
MDI had a positive operating cash flow in each of the past 5 years.
MDI.CA Yearly Net Income VS EBIT VS OCF VS FCFMDI.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M

1.2 Ratios

Looking at the Return On Assets, with a value of 7.47%, MDI belongs to the top of the industry, outperforming 92.66% of the companies in the same industry.
MDI has a better Return On Equity (9.20%) than 92.39% of its industry peers.
The Return On Invested Capital of MDI (9.18%) is better than 95.11% of its industry peers.
MDI had an Average Return On Invested Capital over the past 3 years of 12.72%. This is in line with the industry average of 11.89%.
Industry RankSector Rank
ROA 7.47%
ROE 9.2%
ROIC 9.18%
ROA(3y)10.17%
ROA(5y)3.28%
ROE(3y)14.05%
ROE(5y)4.37%
ROIC(3y)12.72%
ROIC(5y)8.66%
MDI.CA Yearly ROA, ROE, ROICMDI.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20

1.3 Margins

MDI's Profit Margin of 6.76% is amongst the best of the industry. MDI outperforms 92.26% of its industry peers.
In the last couple of years the Profit Margin of MDI has grown nicely.
MDI has a Operating Margin of 9.23%. This is amongst the best in the industry. MDI outperforms 89.54% of its industry peers.
In the last couple of years the Operating Margin of MDI has grown nicely.
MDI has a Gross Margin of 20.88%. This is amongst the best in the industry. MDI outperforms 87.50% of its industry peers.
MDI's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 9.23%
PM (TTM) 6.76%
GM 20.88%
OM growth 3Y51.59%
OM growth 5YN/A
PM growth 3Y48.06%
PM growth 5YN/A
GM growth 3Y13.36%
GM growth 5Y10.23%
MDI.CA Yearly Profit, Operating, Gross MarginsMDI.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

8

2. Health

2.1 Basic Checks

MDI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, MDI has less shares outstanding
Compared to 5 years ago, MDI has more shares outstanding
MDI has a better debt/assets ratio than last year.
MDI.CA Yearly Shares OutstandingMDI.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
MDI.CA Yearly Total Debt VS Total AssetsMDI.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

An Altman-Z score of 6.04 indicates that MDI is not in any danger for bankruptcy at the moment.
MDI has a Altman-Z score of 6.04. This is in the better half of the industry: MDI outperforms 68.89% of its industry peers.
MDI has a debt to FCF ratio of 0.17. This is a very positive value and a sign of high solvency as it would only need 0.17 years to pay back of all of its debts.
MDI's Debt to FCF ratio of 0.17 is amongst the best of the industry. MDI outperforms 96.20% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that MDI is not too dependend on debt financing.
MDI has a Debt to Equity ratio (0.01) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.17
Altman-Z 6.04
ROIC/WACC1
WACC9.18%
MDI.CA Yearly LT Debt VS Equity VS FCFMDI.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M

2.3 Liquidity

MDI has a Current Ratio of 3.35. This indicates that MDI is financially healthy and has no problem in meeting its short term obligations.
MDI's Current ratio of 3.35 is fine compared to the rest of the industry. MDI outperforms 64.13% of its industry peers.
MDI has a Quick Ratio of 2.25. This indicates that MDI is financially healthy and has no problem in meeting its short term obligations.
MDI has a Quick ratio (2.25) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 3.35
Quick Ratio 2.25
MDI.CA Yearly Current Assets VS Current LiabilitesMDI.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

6

3. Growth

3.1 Past

The earnings per share for MDI have decreased strongly by -43.18% in the last year.
MDI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 70.12% yearly.
The Revenue has decreased by -8.09% in the past year.
The Revenue has been growing by 12.93% on average over the past years. This is quite good.
EPS 1Y (TTM)-43.18%
EPS 3Y70.12%
EPS 5YN/A
EPS Q2Q%-24.14%
Revenue 1Y (TTM)-8.09%
Revenue growth 3Y17.82%
Revenue growth 5Y12.93%
Sales Q2Q%-8.55%

3.2 Future

MDI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.28% yearly.
The Revenue is expected to grow by 11.08% on average over the next years. This is quite good.
EPS Next Y-2.16%
EPS Next 2Y20.28%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.99%
Revenue Next 2Y11.08%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
MDI.CA Yearly Revenue VS EstimatesMDI.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M
MDI.CA Yearly EPS VS EstimatesMDI.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0.5 -0.5

7

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 18.28, which indicates a rather expensive current valuation of MDI.
Based on the Price/Earnings ratio, MDI is valued cheaper than 90.63% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 29.39. MDI is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 9.87, which indicates a very decent valuation of MDI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MDI indicates a rather cheap valuation: MDI is cheaper than 92.53% of the companies listed in the same industry.
MDI is valuated cheaply when we compare the Price/Forward Earnings ratio to 94.38, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 18.28
Fwd PE 9.87
MDI.CA Price Earnings VS Forward Price EarningsMDI.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, MDI is valued cheaper than 93.61% of the companies in the same industry.
93.61% of the companies in the same industry are more expensive than MDI, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 19.57
EV/EBITDA 5.66
MDI.CA Per share dataMDI.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

MDI has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as MDI's earnings are expected to grow with 20.28% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y20.28%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

MDI does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

MAJOR DRILLING GROUP INTL

TSX:MDI (2/11/2025, 7:00:00 PM)

9.14

+0.1 (+1.11%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)12-05 2024-12-05/amc
Earnings (Next)02-27 2025-02-27
Inst Owners41.37%
Inst Owner ChangeN/A
Ins Owners0.37%
Ins Owner ChangeN/A
Market Cap748.02M
Analysts82.86
Price Target14.03 (53.5%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-27.54%
Min EPS beat(2)-40.59%
Max EPS beat(2)-14.49%
EPS beat(4)1
Avg EPS beat(4)-73.64%
Min EPS beat(4)-248.51%
Max EPS beat(4)9.04%
EPS beat(8)2
Avg EPS beat(8)-38.66%
EPS beat(12)6
Avg EPS beat(12)17.79%
EPS beat(16)9
Avg EPS beat(16)14.12%
Revenue beat(2)0
Avg Revenue beat(2)-3.72%
Min Revenue beat(2)-5.7%
Max Revenue beat(2)-1.74%
Revenue beat(4)1
Avg Revenue beat(4)-3.77%
Min Revenue beat(4)-9.06%
Max Revenue beat(4)1.44%
Revenue beat(8)2
Avg Revenue beat(8)-2.98%
Revenue beat(12)6
Avg Revenue beat(12)0.21%
Revenue beat(16)10
Avg Revenue beat(16)1.43%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)6.9%
EPS NY rev (3m)6.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.49%
Valuation
Industry RankSector Rank
PE 18.28
Fwd PE 9.87
P/S 1.07
P/FCF 19.57
P/OCF 6.41
P/B 1.46
P/tB 1.53
EV/EBITDA 5.66
EPS(TTM)0.5
EY5.47%
EPS(NY)0.93
Fwd EY10.13%
FCF(TTM)0.47
FCFY5.11%
OCF(TTM)1.43
OCFY15.61%
SpS8.53
BVpS6.27
TBVpS5.96
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 7.47%
ROE 9.2%
ROCE 12.12%
ROIC 9.18%
ROICexc 10.95%
ROICexgc 11.59%
OM 9.23%
PM (TTM) 6.76%
GM 20.88%
FCFM 5.48%
ROA(3y)10.17%
ROA(5y)3.28%
ROE(3y)14.05%
ROE(5y)4.37%
ROIC(3y)12.72%
ROIC(5y)8.66%
ROICexc(3y)15.52%
ROICexc(5y)10.47%
ROICexgc(3y)16.63%
ROICexgc(5y)11.16%
ROCE(3y)16.79%
ROCE(5y)11.43%
ROICexcg growth 3Y60.25%
ROICexcg growth 5YN/A
ROICexc growth 3Y58.52%
ROICexc growth 5YN/A
OM growth 3Y51.59%
OM growth 5YN/A
PM growth 3Y48.06%
PM growth 5YN/A
GM growth 3Y13.36%
GM growth 5Y10.23%
F-Score5
Asset Turnover1.1
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.17
Debt/EBITDA 0.04
Cap/Depr 145.75%
Cap/Sales 11.25%
Interest Coverage 250
Cash Conversion 98.72%
Profit Quality 81.01%
Current Ratio 3.35
Quick Ratio 2.25
Altman-Z 6.04
F-Score5
WACC9.18%
ROIC/WACC1
Cap/Depr(3y)126.45%
Cap/Depr(5y)108%
Cap/Sales(3y)8.69%
Cap/Sales(5y)8.23%
Profit Quality(3y)76.44%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-43.18%
EPS 3Y70.12%
EPS 5YN/A
EPS Q2Q%-24.14%
EPS Next Y-2.16%
EPS Next 2Y20.28%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-8.09%
Revenue growth 3Y17.82%
Revenue growth 5Y12.93%
Sales Q2Q%-8.55%
Revenue Next Year1.99%
Revenue Next 2Y11.08%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-33.09%
EBIT growth 3Y78.61%
EBIT growth 5YN/A
EBIT Next Year4.16%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-19.14%
FCF growth 3Y131.58%
FCF growth 5YN/A
OCF growth 1Y18.26%
OCF growth 3Y48.23%
OCF growth 5Y39.77%