MAJOR DRILLING GROUP INTL (MDI.CA) Stock Fundamental Analysis
Canada - TSX:MDI - CA5609091031 - Common Stock
11.53 CAD
0 (0%)
MDI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 803 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on MDI. These ratings could make MDI a good candidate 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.
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
MDI has a better Return On Assets (2.73%) than 86.80% of its industry peers.
With an excellent Return On Equity value of 3.76%, MDI belongs to the best of the industry, outperforming 87.55% 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 91.03% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MDI is below the industry average of 12.29%.
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
With an excellent Profit Margin value of 2.62%, MDI belongs to the best of the industry, outperforming 90.04% 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 (4.46%) is better than 88.92% of its industry peers.
MDI's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 17.11%, MDI belongs to the best of the industry, outperforming 87.30% of the companies in the same industry.
MDI's Gross Margin has improved in the last couple of years.
| 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.
MDI has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MDI has more shares outstanding
Compared to 1 year ago, MDI has a worse debt to assets ratio.
2.2 Solvency
MDI has an Altman-Z score of 4.74. This indicates that MDI is financially healthy and has little risk of bankruptcy at the moment.
MDI has a Altman-Z score of 4.74. This is comparable to the rest of the industry: MDI outperforms 58.03% of its industry peers.
The Debt to FCF ratio of MDI is 1.43, which is an excellent value as it means it would take MDI, only 1.43 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.43, MDI belongs to the best of the industry, outperforming 93.65% of the companies in the same industry.
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 61.89% of its industry peers.
Although MDI does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 4.74 |
ROIC/WACC0.51
WACC8.1%
2.3 Liquidity
A Current Ratio of 2.57 indicates that MDI has no problem at all paying its short term obligations.
With a Current ratio value of 2.57, MDI perfoms like the industry average, outperforming 55.92% of the companies in the same industry.
A Quick Ratio of 1.70 indicates that MDI should not have too much problems paying its short term obligations.
MDI has a Quick ratio of 1.70. This is comparable to the rest of the industry: MDI outperforms 49.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.57 | ||
| Quick Ratio | 1.7 |
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%.
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 9.50%.
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 22.95% on average over the next years. This is a very strong growth
Based on estimates for the next years, MDI will show a small growth in Revenue. The Revenue will grow by 7.43% on average per year.
EPS Next Y73.76%
EPS Next 2Y52.81%
EPS Next 3Y34.13%
EPS Next 5Y22.95%
Revenue Next Year13.91%
Revenue Next 2Y9.17%
Revenue Next 3Y6.47%
Revenue Next 5Y7.43%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 48.04 indicates a quite expensive valuation of MDI.
Compared to the rest of the industry, the Price/Earnings ratio of MDI indicates a rather cheap valuation: MDI is cheaper than 87.42% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of MDI to the average of the S&P500 Index (26.06), we can say MDI is valued expensively.
The Price/Forward Earnings ratio is 15.93, which indicates a correct valuation of MDI.
Based on the Price/Forward Earnings ratio, MDI is valued cheaper than 89.41% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.73, MDI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.04 | ||
| Fwd PE | 15.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MDI is valued cheaper than 94.27% of the companies in the same industry.
92.65% 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 | 36.41 | ||
| EV/EBITDA | 9.72 |
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.
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 34.13% in the coming years.
PEG (NY)0.65
PEG (5Y)0.49
EPS Next 2Y52.81%
EPS Next 3Y34.13%
5. Dividend
5.1 Amount
MDI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:MDI (11/7/2025, 7:00:00 PM)
11.53
0 (0%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners44.87%
Inst Owner ChangeN/A
Ins Owners0.29%
Ins Owner ChangeN/A
Market Cap944.77M
Revenue(TTM)764.15M
Net Income(TTM)19.99M
Analysts82.22
Price Target15.81 (37.12%)
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)-6.56%
EPS NQ rev (3m)-35.59%
EPS NY rev (1m)-2.44%
EPS NY rev (3m)-34.16%
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 | 48.04 | ||
| Fwd PE | 15.93 | ||
| P/S | 1.24 | ||
| P/FCF | 36.41 | ||
| P/OCF | 10.29 | ||
| P/B | 1.78 | ||
| P/tB | 2.13 | ||
| EV/EBITDA | 9.72 |
EPS(TTM)0.24
EY2.08%
EPS(NY)0.72
Fwd EY6.28%
FCF(TTM)0.32
FCFY2.75%
OCF(TTM)1.12
OCFY9.72%
SpS9.33
BVpS6.49
TBVpS5.41
PEG (NY)0.65
PEG (5Y)0.49
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 | 4.74 |
F-Score3
WACC8.1%
ROIC/WACC0.51
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 3Y34.13%
EPS Next 5Y22.95%
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 3Y6.47%
Revenue Next 5Y7.43%
EBIT growth 1Y-47.56%
EBIT growth 3Y-18.07%
EBIT growth 5Y31.83%
EBIT Next Year98.95%
EBIT Next 3Y29.29%
EBIT Next 5Y20.82%
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 8 / 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 48.04 and the Price/Book (PB) ratio is 1.78.
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.