MAJOR DRILLING GROUP INTL (MDI.CA) Stock Fundamental Analysis
Canada - TSX:MDI - CA5609091031 - Common Stock
10.2 CAD
+0.21 (+2.1%)
Overall MDI gets a fundamental rating of 7 out of 10. We evaluated MDI against 807 industry peers in the Metals & Mining industry. MDI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on MDI. With these ratings, MDI could be worth investigating further for value and quality 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.
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.
1.2 Ratios
The Return On Assets of MDI (2.79%) is better than 87.73% of its industry peers.
MDI's Return On Equity of 3.75% is amongst the best of the industry. MDI outperforms 88.10% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.03%, MDI belongs to the top of the industry, outperforming 91.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.79% | ||
| ROE | 3.75% | ||
| ROIC | 4.03% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MDI's Profit Margin of 2.64% is amongst the best of the industry. MDI outperforms 89.59% of its industry peers.
MDI's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 4.51%, MDI belongs to the top of the industry, outperforming 88.85% of the companies in the same industry.
In the last couple of years the Operating Margin of MDI has grown nicely.
MDI has a better Gross Margin (17.11%) than 87.61% of its industry peers.
In the last couple of years the Gross Margin of MDI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.51% | ||
| PM (TTM) | 2.64% | ||
| 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 below the Cost of Capital (WACC), so MDI is destroying value.
There is no outstanding debt for MDI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
MDI has an Altman-Z score of 4.64. This indicates that MDI is financially healthy and has little risk of bankruptcy at the moment.
MDI's Altman-Z score of 4.64 is fine compared to the rest of the industry. MDI outperforms 61.71% of its industry peers.
MDI has a debt to FCF ratio of 1.52. This is a very positive value and a sign of high solvency as it would only need 1.52 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.52, MDI belongs to the top of the industry, outperforming 93.56% of the companies in the same industry.
MDI has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of MDI (0.07) is worse than 60.59% 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 | 1.52 | ||
| Altman-Z | 4.64 |
ROIC/WACC0.45
WACC8.93%
2.3 Liquidity
MDI has a Current Ratio of 3.02. This indicates that MDI is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of MDI (3.02) is better than 63.44% of its industry peers.
MDI has a Quick Ratio of 1.87. This is a normal value and indicates that MDI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.87, MDI is in line with its industry, outperforming 56.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.02 | ||
| Quick Ratio | 1.87 |
3. Growth
3.1 Past
MDI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -57.89%.
The Earnings Per Share has been growing by 98.73% on average over the past years. This is a very strong growth
MDI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.50%.
The Revenue has been growing by 12.20% on average over the past years. This is quite good.
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
MDI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.46% yearly.
The Revenue is expected to grow by 11.65% on average over the next years. This is quite good.
EPS Next Y120.46%
EPS Next 2Y54.22%
EPS Next 3Y40.43%
EPS Next 5Y23.46%
Revenue Next Year14.44%
Revenue Next 2Y9.43%
Revenue Next 3Y5.96%
Revenue Next 5Y11.65%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 42.50, which means the current valuation is very expensive for MDI.
Based on the Price/Earnings ratio, MDI is valued cheaper than 88.48% of the companies in the same industry.
MDI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.41.
A Price/Forward Earnings ratio of 13.83 indicates a correct valuation of MDI.
MDI's Price/Forward Earnings ratio is rather cheap when compared to the industry. MDI is cheaper than 90.71% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of MDI to the average of the S&P500 Index (22.88), we can say MDI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.5 | ||
| Fwd PE | 13.83 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MDI is valued cheaper than 95.17% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MDI indicates a rather cheap valuation: MDI is cheaper than 93.18% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.19 | ||
| EV/EBITDA | 8 |
4.3 Compensation for Growth
The 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.
A more expensive valuation may be justified as MDI's earnings are expected to grow with 40.43% in the coming years.
PEG (NY)0.35
PEG (5Y)0.43
EPS Next 2Y54.22%
EPS Next 3Y40.43%
5. Dividend
5.1 Amount
MDI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:MDI (9/17/2025, 7:00:00 PM)
10.2
+0.21 (+2.1%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners43.72%
Inst Owner ChangeN/A
Ins Owners0.34%
Ins Owner ChangeN/A
Market Cap835.28M
Analysts82.22
Price Target14.03 (37.55%)
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)1.1%
PT rev (3m)1.48%
EPS NQ rev (1m)-31.07%
EPS NQ rev (3m)-34.41%
EPS NY rev (1m)-16.46%
EPS NY rev (3m)-16.46%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)1.06%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)2.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.5 | ||
| Fwd PE | 13.83 | ||
| P/S | 1.09 | ||
| P/FCF | 32.19 | ||
| P/OCF | 9.09 | ||
| P/B | 1.55 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 8 |
EPS(TTM)0.24
EY2.35%
EPS(NY)0.74
Fwd EY7.23%
FCF(TTM)0.32
FCFY3.11%
OCF(TTM)1.12
OCFY11%
SpS9.33
BVpS6.57
TBVpS5.45
PEG (NY)0.35
PEG (5Y)0.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.79% | ||
| ROE | 3.75% | ||
| ROCE | 5.58% | ||
| ROIC | 4.03% | ||
| ROICexc | 4.48% | ||
| ROICexgc | 5.37% | ||
| OM | 4.51% | ||
| PM (TTM) | 2.64% | ||
| GM | 17.11% | ||
| FCFM | 3.4% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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 Turnover1.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 1.52 | ||
| Debt/EBITDA | 0.37 | ||
| Cap/Depr | 98.38% | ||
| Cap/Sales | 8.62% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.52% | ||
| Profit Quality | 128.74% | ||
| Current Ratio | 3.02 | ||
| Quick Ratio | 1.87 | ||
| Altman-Z | 4.64 |
F-Score3
WACC8.93%
ROIC/WACC0.45
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 Y120.46%
EPS Next 2Y54.22%
EPS Next 3Y40.43%
EPS Next 5Y23.46%
Revenue 1Y (TTM)9.5%
Revenue growth 3Y3.81%
Revenue growth 5Y12.2%
Sales Q2Q%19.25%
Revenue Next Year14.44%
Revenue Next 2Y9.43%
Revenue Next 3Y5.96%
Revenue Next 5Y11.65%
EBIT growth 1Y-46.95%
EBIT growth 3Y-18.07%
EBIT growth 5Y31.83%
EBIT Next Year142.46%
EBIT Next 3Y45.61%
EBIT Next 5Y26.03%
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%