MAJOR DRILLING GROUP INTL (MDI.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:MDI - CA5609091031 - Common Stock
13.92 CAD
+0.33 (+2.43%)
Taking everything into account, MDI scores 6 out of 10 in our fundamental rating. MDI was compared to 796 industry peers in the Metals & Mining industry. While MDI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MDI scores decently on growth, while it is valued quite cheap. This could make an interesting combination. With these ratings, MDI could be worth investigating further for value investing!.
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.
Each year in the past 5 years MDI has been profitable.
MDI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 2.73%, MDI belongs to the best of the industry, outperforming 86.56% of the companies in the same industry.
Looking at the Return On Equity, with a value of 3.76%, MDI belongs to the top of the industry, outperforming 87.06% of the companies in the same industry.
MDI has a Return On Invested Capital of 4.10%. This is amongst the best in the industry. MDI outperforms 90.70% of its industry peers.
MDI had an Average Return On Invested Capital over the past 3 years of 9.82%. This is below the industry average of 12.63%.
The last Return On Invested Capital (4.10%) for MDI is well below the 3 year average (9.82%), which needs to be investigated, but indicates that MDI had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 3.76% | ||
| ROIC | 4.1% |
ROA(3y)8.18%
ROA(5y)7.34%
ROE(3y)10.76%
ROE(5y)10.14%
ROIC(3y)9.82%
ROIC(5y)8.82%
1.3 Margins
Looking at the Profit Margin, with a value of 2.62%, MDI belongs to the top of the industry, outperforming 89.70% of the companies in the same industry.
MDI's Profit Margin has declined in the last couple of years.
MDI has a better Operating Margin (4.46%) than 88.82% of its industry peers.
In the last couple of years the Operating Margin of MDI has grown nicely.
MDI's Gross Margin of 17.11% is amongst the best of the industry. MDI outperforms 86.93% of its industry peers.
In the last couple of years the Gross Margin of MDI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.46% | ||
| PM (TTM) | 2.62% | ||
| GM | 17.11% |
OM growth 3Y-21.08%
OM growth 5Y17.49%
PM growth 3Y-24.29%
PM growth 5YN/A
GM growth 3Y-5.84%
GM growth 5Y3.91%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MDI is still creating some value.
Compared to 1 year ago, MDI has more shares outstanding
MDI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MDI is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.25 indicates that MDI is not in any danger for bankruptcy at the moment.
MDI has a Altman-Z score (5.25) which is comparable to the rest of the industry.
MDI has a debt to FCF ratio of 1.43. This is a very positive value and a sign of high solvency as it would only need 1.43 years to pay back of all of its debts.
MDI has a better Debt to FCF ratio (1.43) than 92.96% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that MDI is not too dependend on debt financing.
The Debt to Equity ratio of MDI (0.07) is worse than 62.69% of its industry peers.
Even though the debt/equity ratio score it not favorable for MDI, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 5.25 |
ROIC/WACC0.46
WACC8.82%
2.3 Liquidity
MDI has a Current Ratio of 2.57. This indicates that MDI is financially healthy and has no problem in meeting its short term obligations.
MDI has a Current ratio (2.57) which is in line with its industry peers.
MDI has a Quick Ratio of 1.70. This is a normal value and indicates that MDI is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.70, MDI perfoms like the industry average, outperforming 49.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.57 | ||
| Quick Ratio | 1.7 |
3. Growth
3.1 Past
The earnings per share for MDI have decreased strongly by -57.89% in the last year.
MDI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 98.73% yearly.
Looking at the last year, MDI shows a quite strong growth in Revenue. The Revenue has grown by 9.50% in the last year.
MDI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.20% yearly.
EPS 1Y (TTM)-57.89%
EPS 3Y-21.47%
EPS 5Y98.73%
EPS Q2Q%-36.84%
Revenue 1Y (TTM)9.5%
Revenue growth 3Y3.81%
Revenue growth 5Y12.2%
Sales Q2Q%19.25%
3.2 Future
The Earnings Per Share is expected to grow by 23.01% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 7.49% on average over the next years.
EPS Next Y73.76%
EPS Next 2Y52.81%
EPS Next 3Y34.24%
EPS Next 5Y23.01%
Revenue Next Year13.91%
Revenue Next 2Y9.17%
Revenue Next 3Y6.56%
Revenue Next 5Y7.49%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 58.00, MDI can be considered very expensive at the moment.
Based on the Price/Earnings ratio, MDI is valued cheaply inside the industry as 86.81% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.46. MDI is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 19.23, the valuation of MDI can be described as rather expensive.
89.20% of the companies in the same industry are more expensive than MDI, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MDI to the average of the S&P500 Index (36.10), we can say MDI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58 | ||
| Fwd PE | 19.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MDI is valued cheaply inside the industry as 93.84% of the companies are valued more expensively.
92.84% of the companies in the same industry are more expensive than MDI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.02 | ||
| EV/EBITDA | 11.4 |
4.3 Compensation for Growth
MDI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of MDI may justify a higher PE ratio.
MDI's earnings are expected to grow with 34.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.79
PEG (5Y)0.59
EPS Next 2Y52.81%
EPS Next 3Y34.24%
5. Dividend
5.1 Amount
MDI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:MDI (12/5/2025, 7:00:00 PM)
13.92
+0.33 (+2.43%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners43.17%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap1.14B
Revenue(TTM)764.15M
Net Income(TTM)19.99M
Analysts82.22
Price Target16.52 (18.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
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)-57.44%
Min EPS beat(2)-84.77%
Max EPS beat(2)-30.11%
EPS beat(4)1
Avg EPS beat(4)-76.26%
Min EPS beat(4)-211.17%
Max EPS beat(4)21.01%
EPS beat(8)2
Avg EPS beat(8)-74.95%
EPS beat(12)3
Avg EPS beat(12)-51.19%
EPS beat(16)7
Avg EPS beat(16)-5.73%
Revenue beat(2)0
Avg Revenue beat(2)-0.93%
Min Revenue beat(2)-1.07%
Max Revenue beat(2)-0.79%
Revenue beat(4)2
Avg Revenue beat(4)0.59%
Min Revenue beat(4)-1.07%
Max Revenue beat(4)3.93%
Revenue beat(8)3
Avg Revenue beat(8)-1.59%
Revenue beat(12)4
Avg Revenue beat(12)-1.79%
Revenue beat(16)8
Avg Revenue beat(16)0.3%
PT rev (1m)12.73%
PT rev (3m)13.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-35.59%
EPS NY rev (1m)-2.44%
EPS NY rev (3m)-21.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58 | ||
| Fwd PE | 19.23 | ||
| P/S | 1.49 | ||
| P/FCF | 44.02 | ||
| P/OCF | 12.43 | ||
| P/B | 2.15 | ||
| P/tB | 2.58 | ||
| EV/EBITDA | 11.4 |
EPS(TTM)0.24
EY1.72%
EPS(NY)0.72
Fwd EY5.2%
FCF(TTM)0.32
FCFY2.27%
OCF(TTM)1.12
OCFY8.04%
SpS9.31
BVpS6.48
TBVpS5.4
PEG (NY)0.79
PEG (5Y)0.59
Graham Number5.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 3.76% | ||
| ROCE | 5.68% | ||
| ROIC | 4.1% | ||
| ROICexc | 4.1% | ||
| ROICexgc | 4.81% | ||
| OM | 4.46% | ||
| PM (TTM) | 2.62% | ||
| GM | 17.11% | ||
| FCFM | 3.4% |
ROA(3y)8.18%
ROA(5y)7.34%
ROE(3y)10.76%
ROE(5y)10.14%
ROIC(3y)9.82%
ROIC(5y)8.82%
ROICexc(3y)11.74%
ROICexc(5y)10.47%
ROICexgc(3y)12.7%
ROICexgc(5y)11.29%
ROCE(3y)13.6%
ROCE(5y)12.22%
ROICexgc growth 3Y-27.95%
ROICexgc growth 5Y18.98%
ROICexc growth 3Y-30.03%
ROICexc growth 5Y15.77%
OM growth 3Y-21.08%
OM growth 5Y17.49%
PM growth 3Y-24.29%
PM growth 5YN/A
GM growth 3Y-5.84%
GM growth 5Y3.91%
F-Score3
Asset Turnover1.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 1.43 | ||
| Debt/EBITDA | 0.35 | ||
| Cap/Depr | 98.38% | ||
| Cap/Sales | 8.62% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.88% | ||
| Profit Quality | 129.81% | ||
| Current Ratio | 2.57 | ||
| Quick Ratio | 1.7 | ||
| Altman-Z | 5.25 |
F-Score3
WACC8.82%
ROIC/WACC0.46
Cap/Depr(3y)126.66%
Cap/Depr(5y)114.67%
Cap/Sales(3y)9.45%
Cap/Sales(5y)8.65%
Profit Quality(3y)84.89%
Profit Quality(5y)73.94%
High Growth Momentum
Growth
EPS 1Y (TTM)-57.89%
EPS 3Y-21.47%
EPS 5Y98.73%
EPS Q2Q%-36.84%
EPS Next Y73.76%
EPS Next 2Y52.81%
EPS Next 3Y34.24%
EPS Next 5Y23.01%
Revenue 1Y (TTM)9.5%
Revenue growth 3Y3.81%
Revenue growth 5Y12.2%
Sales Q2Q%19.25%
Revenue Next Year13.91%
Revenue Next 2Y9.17%
Revenue Next 3Y6.56%
Revenue Next 5Y7.49%
EBIT growth 1Y-47.56%
EBIT growth 3Y-18.07%
EBIT growth 5Y31.83%
EBIT Next Year98.95%
EBIT Next 3Y29.39%
EBIT Next 5Y20.88%
FCF growth 1Y-48.54%
FCF growth 3Y-14.19%
FCF growth 5Y22.97%
OCF growth 1Y-18.16%
OCF growth 3Y2.08%
OCF growth 5Y19.11%
MAJOR DRILLING GROUP INTL / MDI.CA FAQ
Can you provide the ChartMill fundamental rating for MAJOR DRILLING GROUP INTL?
ChartMill assigns a fundamental rating of 6 / 10 to MDI.CA.
Can you provide the valuation status for MAJOR DRILLING GROUP INTL?
ChartMill assigns a valuation rating of 7 / 10 to MAJOR DRILLING GROUP INTL (MDI.CA). This can be considered as Undervalued.
What is the profitability of MDI stock?
MAJOR DRILLING GROUP INTL (MDI.CA) has a profitability rating of 8 / 10.
What are the PE and PB ratios of MAJOR DRILLING GROUP INTL (MDI.CA) stock?
The Price/Earnings (PE) ratio for MAJOR DRILLING GROUP INTL (MDI.CA) is 58 and the Price/Book (PB) ratio is 2.15.
Can you provide the expected EPS growth for MDI stock?
The Earnings per Share (EPS) of MAJOR DRILLING GROUP INTL (MDI.CA) is expected to grow by 73.76% in the next year.