MAJOR DRILLING GROUP INTL (MDI.CA) Stock Fundamental Analysis
TSX:MDI • CA5609091031
16.51 CAD
-0.34 (-2.02%)
Last: Feb 12, 2026, 07:00 PM
Taking everything into account, MDI scores 6 out of 10 in our fundamental rating. MDI was compared to 812 industry peers in the Metals & Mining industry. MDI has an excellent profitability rating, but there are some minor concerns on its financial health. MDI is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make MDI suitable for growth investing!
1. Profitability
1.1 Basic Checks
- In the past year MDI was profitable.
- In the past year MDI had a positive cash flow from operations.
- In the past 5 years MDI has always 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 2.05%, MDI belongs to the best of the industry, outperforming 85.84% of the companies in the same industry.
- The Return On Equity of MDI (2.86%) is better than 86.45% of its industry peers.
- MDI has a better Return On Invested Capital (3.65%) than 90.76% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MDI is below the industry average of 12.05%.
- The last Return On Invested Capital (3.65%) 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 | 2.05% | ||
| ROE | 2.86% | ||
| ROIC | 3.65% |
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 1.95%, MDI belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
- MDI's Profit Margin has declined in the last couple of years.
- With an excellent Operating Margin value of 3.86%, MDI belongs to the best of the industry, outperforming 88.79% of the companies in the same industry.
- MDI's Operating Margin has improved in the last couple of years.
- MDI's Gross Margin of 16.50% is amongst the best of the industry. MDI outperforms 87.19% of its industry peers.
- MDI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.86% | ||
| PM (TTM) | 1.95% | ||
| GM | 16.5% |
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 below the Cost of Capital (WACC), so MDI is destroying value.
- Compared to 1 year ago, MDI has more shares outstanding
- The number of shares outstanding for MDI has been increased compared to 5 years ago.
- Compared to 1 year ago, MDI has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 5.59 indicates that MDI is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 5.59, MDI is in line with its industry, outperforming 55.05% of the companies in the same industry.
- MDI has a debt to FCF ratio of 1.91. This is a very positive value and a sign of high solvency as it would only need 1.91 years to pay back of all of its debts.
- MDI has a better Debt to FCF ratio (1.91) than 92.49% of its industry peers.
- A Debt/Equity ratio of 0.06 indicates that MDI is not too dependend on debt financing.
- MDI's Debt to Equity ratio of 0.06 is on the low side compared to the rest of the industry. MDI is outperformed by 61.58% 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 | 0.06 | ||
| Debt/FCF | 1.91 | ||
| Altman-Z | 5.59 |
ROIC/WACC0.35
WACC10.37%
2.3 Liquidity
- A Current Ratio of 2.49 indicates that MDI has no problem at all paying its short term obligations.
- With a Current ratio value of 2.49, MDI perfoms like the industry average, outperforming 57.02% of the companies in the same industry.
- MDI has a Quick Ratio of 1.75. 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 1.75, MDI perfoms like the industry average, outperforming 51.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.49 | ||
| Quick Ratio | 1.75 |
3. Growth
3.1 Past
- The earnings per share for MDI have decreased strongly by -62.00% in the last year.
- The Earnings Per Share has been growing by 98.73% on average over the past years. This is a very strong growth
- MDI shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.42%.
- Measured over the past years, MDI shows a quite strong growth in Revenue. The Revenue has been growing by 12.20% on average per year.
EPS 1Y (TTM)-62%
EPS 3Y-21.47%
EPS 5Y98.73%
EPS Q2Q%-22.73%
Revenue 1Y (TTM)20.42%
Revenue growth 3Y3.81%
Revenue growth 5Y12.2%
Sales Q2Q%29%
3.2 Future
- The Earnings Per Share is expected to grow by 26.40% on average over the next years. This is a very strong growth
- MDI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.61% yearly.
EPS Next Y27.06%
EPS Next 2Y43.27%
EPS Next 3Y38.76%
EPS Next 5Y26.4%
Revenue Next Year14%
Revenue Next 2Y11.57%
Revenue Next 3Y16.28%
Revenue Next 5Y13.61%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 86.89, MDI can be considered very expensive at the moment.
- MDI's Price/Earnings ratio is rather cheap when compared to the industry. MDI is cheaper than 86.58% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.97. MDI is valued rather expensively when compared to this.
- A Price/Forward Earnings ratio of 25.95 indicates a quite expensive valuation of MDI.
- 89.04% 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 (27.96), we can say MDI is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 86.89 | ||
| Fwd PE | 25.95 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MDI indicates a rather cheap valuation: MDI is cheaper than 94.09% of the companies listed in the same industry.
- MDI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MDI is cheaper than 92.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 70.14 | ||
| EV/EBITDA | 13.14 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MDI does not grow enough to justify the current Price/Earnings ratio.
- The excellent profitability rating of MDI may justify a higher PE ratio.
- MDI's earnings are expected to grow with 38.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.21
PEG (5Y)0.88
EPS Next 2Y43.27%
EPS Next 3Y38.76%
5. Dividend
5.1 Amount
- No dividends for MDI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:MDI (2/12/2026, 7:00:00 PM)
16.51
-0.34 (-2.02%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)12-10 2025-12-10/amc
Earnings (Next)02-26 2026-02-26
Inst Owners43.28%
Inst Owner ChangeN/A
Ins Owners0.26%
Ins Owner ChangeN/A
Market Cap1.35B
Revenue(TTM)819.03M
Net Income(TTM)15.94M
Analysts82.22
Price Target17.14 (3.82%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-14.56%
Min EPS beat(2)-30.11%
Max EPS beat(2)0.99%
EPS beat(4)1
Avg EPS beat(4)-81.27%
Min EPS beat(4)-211.17%
Max EPS beat(4)0.99%
EPS beat(8)2
Avg EPS beat(8)-75.96%
EPS beat(12)3
Avg EPS beat(12)-51.66%
EPS beat(16)7
Avg EPS beat(16)-5.91%
Revenue beat(2)1
Avg Revenue beat(2)0.16%
Min Revenue beat(2)-1.07%
Max Revenue beat(2)1.39%
Revenue beat(4)2
Avg Revenue beat(4)0.87%
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)-1.87%
Revenue beat(16)8
Avg Revenue beat(16)0.17%
PT rev (1m)3.7%
PT rev (3m)8.39%
EPS NQ rev (1m)54.16%
EPS NQ rev (3m)-283.35%
EPS NY rev (1m)11.43%
EPS NY rev (3m)-26.87%
Revenue NQ rev (1m)11.31%
Revenue NQ rev (3m)3.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 86.89 | ||
| Fwd PE | 25.95 | ||
| P/S | 1.65 | ||
| P/FCF | 70.14 | ||
| P/OCF | 17.58 | ||
| P/B | 2.43 | ||
| P/tB | 2.89 | ||
| EV/EBITDA | 13.14 |
EPS(TTM)0.19
EY1.15%
EPS(NY)0.64
Fwd EY3.85%
FCF(TTM)0.24
FCFY1.43%
OCF(TTM)0.94
OCFY5.69%
SpS9.98
BVpS6.8
TBVpS5.71
PEG (NY)3.21
PEG (5Y)0.88
Graham Number5.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.05% | ||
| ROE | 2.86% | ||
| ROCE | 5.06% | ||
| ROIC | 3.65% | ||
| ROICexc | 4.07% | ||
| ROICexgc | 4.85% | ||
| OM | 3.86% | ||
| PM (TTM) | 1.95% | ||
| GM | 16.5% | ||
| FCFM | 2.36% |
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-Score4
Asset Turnover1.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.91 | ||
| Debt/EBITDA | 0.34 | ||
| Cap/Depr | 83.23% | ||
| Cap/Sales | 7.05% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.32% | ||
| Profit Quality | 121.18% | ||
| Current Ratio | 2.49 | ||
| Quick Ratio | 1.75 | ||
| Altman-Z | 5.59 |
F-Score4
WACC10.37%
ROIC/WACC0.35
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)-62%
EPS 3Y-21.47%
EPS 5Y98.73%
EPS Q2Q%-22.73%
EPS Next Y27.06%
EPS Next 2Y43.27%
EPS Next 3Y38.76%
EPS Next 5Y26.4%
Revenue 1Y (TTM)20.42%
Revenue growth 3Y3.81%
Revenue growth 5Y12.2%
Sales Q2Q%29%
Revenue Next Year14%
Revenue Next 2Y11.57%
Revenue Next 3Y16.28%
Revenue Next 5Y13.61%
EBIT growth 1Y-44.06%
EBIT growth 3Y-18.07%
EBIT growth 5Y31.83%
EBIT Next Year81.3%
EBIT Next 3Y36.4%
EBIT Next 5Y25.38%
FCF growth 1Y-51.25%
FCF growth 3Y-14.19%
FCF growth 5Y22.97%
OCF growth 1Y-26.99%
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.
What is the valuation status of MAJOR DRILLING GROUP INTL (MDI.CA) stock?
ChartMill assigns a valuation rating of 6 / 10 to MAJOR DRILLING GROUP INTL (MDI.CA). This can be considered as Fairly Valued.
What is the profitability of MDI stock?
MAJOR DRILLING GROUP INTL (MDI.CA) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for MDI stock?
The Price/Earnings (PE) ratio for MAJOR DRILLING GROUP INTL (MDI.CA) is 86.89 and the Price/Book (PB) ratio is 2.43.
What is the expected EPS growth for MAJOR DRILLING GROUP INTL (MDI.CA) stock?
The Earnings per Share (EPS) of MAJOR DRILLING GROUP INTL (MDI.CA) is expected to grow by 27.06% in the next year.