MAJOR DRILLING GROUP INTL (MDI.CA) Fundamental Analysis & Valuation

TSX:MDI • CA5609091031

Current stock price

16.42 CAD
-0.32 (-1.91%)
Last:

This MDI.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. MDI.CA Profitability Analysis

1.1 Basic Checks

  • MDI had positive earnings in the past year.
  • MDI had a positive operating cash flow in the past year.
  • MDI had positive earnings in each 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M -50M 100M

1.2 Ratios

  • With an excellent Return On Assets value of 1.93%, MDI belongs to the best of the industry, outperforming 85.41% of the companies in the same industry.
  • With an excellent Return On Equity value of 2.61%, MDI belongs to the best of the industry, outperforming 86.03% of the companies in the same industry.
  • MDI's Return On Invested Capital of 3.08% is amongst the best of the industry. MDI outperforms 89.78% 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 13.29%.
  • The 3 year average ROIC (9.82%) for MDI is well above the current ROIC(3.08%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 1.93%
ROE 2.61%
ROIC 3.08%
ROA(3y)8.18%
ROA(5y)7.34%
ROE(3y)10.76%
ROE(5y)10.14%
ROIC(3y)9.82%
ROIC(5y)8.82%
MDI.CA Yearly ROA, ROE, ROICMDI.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20

1.3 Margins

  • With an excellent Profit Margin value of 1.68%, MDI belongs to the best of the industry, outperforming 89.65% of the companies in the same industry.
  • In the last couple of years the Profit Margin of MDI has declined.
  • The Operating Margin of MDI (3.07%) is better than 88.53% of its industry peers.
  • In the last couple of years the Operating Margin of MDI has grown nicely.
  • Looking at the Gross Margin, with a value of 15.51%, MDI belongs to the top of the industry, outperforming 86.66% of the companies in the same industry.
  • MDI's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 3.07%
PM (TTM) 1.68%
GM 15.51%
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%
MDI.CA Yearly Profit, Operating, Gross MarginsMDI.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

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6

2. MDI.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MDI is destroying value.
  • MDI has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, MDI has more shares outstanding
  • The debt/assets ratio for MDI is higher compared to a year ago.
MDI.CA Yearly Shares OutstandingMDI.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M
MDI.CA Yearly Total Debt VS Total AssetsMDI.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

2.2 Solvency

  • An Altman-Z score of 6.23 indicates that MDI is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of MDI (6.23) is comparable to the rest of the industry.
  • The Debt to FCF ratio of MDI is 1.21, which is an excellent value as it means it would take MDI, only 1.21 years of fcf income to pay off all of its debts.
  • MDI has a better Debt to FCF ratio (1.21) than 92.77% of its industry peers.
  • A Debt/Equity ratio of 0.06 indicates that MDI is not too dependend on debt financing.
  • The Debt to Equity ratio of MDI (0.06) is worse than 62.84% 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 RankSector Rank
Debt/Equity 0.06
Debt/FCF 1.21
Altman-Z 6.23
ROIC/WACC0.25
WACC12.18%
MDI.CA Yearly LT Debt VS Equity VS FCFMDI.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M 400M 500M

2.3 Liquidity

  • MDI has a Current Ratio of 2.71. This indicates that MDI is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of MDI (2.71) is comparable to the rest of the industry.
  • A Quick Ratio of 1.85 indicates that MDI should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.85, MDI is in line with its industry, outperforming 49.38% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.71
Quick Ratio 1.85
MDI.CA Yearly Current Assets VS Current LiabilitesMDI.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

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6

3. MDI.CA Growth Analysis

3.1 Past

  • The earnings per share for MDI have decreased strongly by -59.52% 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.
  • MDI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.05%.
  • The Revenue has been growing by 12.20% on average over the past years. This is quite good.
EPS 1Y (TTM)-59.52%
EPS 3Y-21.47%
EPS 5Y98.73%
EPS Q2Q%-18.18%
Revenue 1Y (TTM)19.05%
Revenue growth 3Y3.81%
Revenue growth 5Y12.2%
Sales Q2Q%14.87%

3.2 Future

  • Based on estimates for the next years, MDI will show a very strong growth in Earnings Per Share. The EPS will grow by 25.84% on average per year.
  • The Revenue is expected to grow by 10.98% on average over the next years. This is quite good.
EPS Next Y-8.77%
EPS Next 2Y55.27%
EPS Next 3Y39.32%
EPS Next 5Y25.84%
Revenue Next Year16.8%
Revenue Next 2Y13.01%
Revenue Next 3Y12.51%
Revenue Next 5Y10.98%

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.
MDI.CA Yearly Revenue VS EstimatesMDI.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200M 400M 600M 800M 1B
MDI.CA Yearly EPS VS EstimatesMDI.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 0.5 -0.5

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6

4. MDI.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 96.59, the valuation of MDI can be described as expensive.
  • Based on the Price/Earnings ratio, MDI is valued cheaply inside the industry as 86.53% of the companies are valued more expensively.
  • MDI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.42.
  • The Price/Forward Earnings ratio is 21.97, which indicates a rather expensive current valuation of MDI.
  • MDI's Price/Forward Earnings ratio is rather cheap when compared to the industry. MDI is cheaper than 89.03% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of MDI to the average of the S&P500 Index (22.24), we can say MDI is valued inline with the index average.
Industry RankSector Rank
PE 96.59
Fwd PE 21.97
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

  • MDI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MDI is cheaper than 92.27% of the companies in the same industry.
  • MDI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MDI is cheaper than 91.52% of the companies in the same industry.
Industry RankSector Rank
P/FCF 46.1
EV/EBITDA 13.55
MDI.CA Per share dataMDI.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The excellent profitability rating of MDI may justify a higher PE ratio.
  • A more expensive valuation may be justified as MDI's earnings are expected to grow with 39.32% in the coming years.
PEG (NY)N/A
PEG (5Y)0.98
EPS Next 2Y55.27%
EPS Next 3Y39.32%

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0

5. MDI.CA Dividend Analysis

5.1 Amount

  • MDI does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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MDI.CA Fundamentals: All Metrics, Ratios and Statistics

MAJOR DRILLING GROUP INTL

TSX:MDI (4/24/2026, 7:00:00 PM)

16.42

-0.32 (-1.91%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)02-25
Earnings (Next)06-09
Inst Owners43.88%
Inst Owner ChangeN/A
Ins Owners0.25%
Ins Owner ChangeN/A
Market Cap1.35B
Revenue(TTM)842.93M
Net Income(TTM)14.20M
Analysts82.22
Price Target21.11 (28.56%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)-87.4%
Min EPS beat(2)-175.79%
Max EPS beat(2)0.99%
EPS beat(4)1
Avg EPS beat(4)-72.42%
Min EPS beat(4)-175.79%
Max EPS beat(4)0.99%
EPS beat(8)2
Avg EPS beat(8)-66.87%
EPS beat(12)3
Avg EPS beat(12)-65.31%
EPS beat(16)6
Avg EPS beat(16)-45.3%
Revenue beat(2)1
Avg Revenue beat(2)-0.97%
Min Revenue beat(2)-3.32%
Max Revenue beat(2)1.39%
Revenue beat(4)1
Avg Revenue beat(4)-0.95%
Min Revenue beat(4)-3.32%
Max Revenue beat(4)1.39%
Revenue beat(8)3
Avg Revenue beat(8)-0.87%
Revenue beat(12)4
Avg Revenue beat(12)-1.85%
Revenue beat(16)7
Avg Revenue beat(16)-0.44%
PT rev (1m)11.17%
PT rev (3m)23.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12.5%
EPS NY rev (1m)-14.5%
EPS NY rev (3m)-28.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.38%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)2.45%
Valuation
Industry RankSector Rank
PE 96.59
Fwd PE 21.97
P/S 1.6
P/FCF 46.1
P/OCF 15.99
P/B 2.48
P/tB 2.96
EV/EBITDA 13.55
EPS(TTM)0.17
EY1.04%
EPS(NY)0.75
Fwd EY4.55%
FCF(TTM)0.36
FCFY2.17%
OCF(TTM)1.03
OCFY6.25%
SpS10.25
BVpS6.61
TBVpS5.55
PEG (NY)N/A
PEG (5Y)0.98
Graham Number5.02866 (-69.37%)
Profitability
Industry RankSector Rank
ROA 1.93%
ROE 2.61%
ROCE 4.26%
ROIC 3.08%
ROICexc 3.6%
ROICexgc 4.33%
OM 3.07%
PM (TTM) 1.68%
GM 15.51%
FCFM 3.47%
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-Score5
Asset Turnover1.15
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 1.21
Debt/EBITDA 0.35
Cap/Depr 78.97%
Cap/Sales 6.54%
Interest Coverage 250
Cash Conversion 88.24%
Profit Quality 206.31%
Current Ratio 2.71
Quick Ratio 1.85
Altman-Z 6.23
F-Score5
WACC12.18%
ROIC/WACC0.25
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)-59.52%
EPS 3Y-21.47%
EPS 5Y98.73%
EPS Q2Q%-18.18%
EPS Next Y-8.77%
EPS Next 2Y55.27%
EPS Next 3Y39.32%
EPS Next 5Y25.84%
Revenue 1Y (TTM)19.05%
Revenue growth 3Y3.81%
Revenue growth 5Y12.2%
Sales Q2Q%14.87%
Revenue Next Year16.8%
Revenue Next 2Y13.01%
Revenue Next 3Y12.51%
Revenue Next 5Y10.98%
EBIT growth 1Y-46.92%
EBIT growth 3Y-18.07%
EBIT growth 5Y31.83%
EBIT Next Year56.83%
EBIT Next 3Y33.92%
EBIT Next 5Y23.43%
FCF growth 1Y-11.07%
FCF growth 3Y-14.19%
FCF growth 5Y22.97%
OCF growth 1Y-19.23%
OCF growth 3Y2.08%
OCF growth 5Y19.11%

MAJOR DRILLING GROUP INTL / MDI.CA Fundamental Analysis 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.


How profitable is MAJOR DRILLING GROUP INTL (MDI.CA) stock?

MAJOR DRILLING GROUP INTL (MDI.CA) has a profitability rating of 8 / 10.


What is the valuation of MAJOR DRILLING GROUP INTL based on its PE and PB ratios?

The Price/Earnings (PE) ratio for MAJOR DRILLING GROUP INTL (MDI.CA) is 96.59 and the Price/Book (PB) ratio is 2.48.


Is the dividend of MAJOR DRILLING GROUP INTL sustainable?

The dividend rating of MAJOR DRILLING GROUP INTL (MDI.CA) is 0 / 10 and the dividend payout ratio is 0%.