MAJOR DRILLING GROUP INTL (MDI.CA) Stock Fundamental Analysis
TSX:MDI - CA5609091031 - Common Stock
9.68 CAD
+0.46 (+4.99%)
We assign a fundamental rating of 7 out of 10 to MDI. MDI was compared to 803 industry peers in the Metals & Mining industry. MDI scores excellent points on both the profitability and health parts. This is a solid base for a good stock. MDI may be a bit undervalued, certainly considering the very reasonable score on growth This makes MDI very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year MDI was profitable.
MDI had a positive operating cash flow in the past year.
MDI had positive earnings in each of the past 5 years.
Each year in the past 5 years MDI had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 4.85%, MDI belongs to the best of the industry, outperforming 89.54% of the companies in the same industry.
MDI has a better Return On Equity (6.51%) than 89.54% of its industry peers.
MDI has a Return On Invested Capital of 5.73%. This is amongst the best in the industry. MDI outperforms 91.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.85% | ||
| ROE | 6.51% | ||
| ROIC | 5.73% |
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
With an excellent Profit Margin value of 4.94%, MDI belongs to the best of the industry, outperforming 90.29% 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 (6.93%) is better than 89.17% of its industry peers.
In the last couple of years the Operating Margin of MDI has grown nicely.
MDI has a Gross Margin of 19.10%. This is amongst the best in the industry. MDI outperforms 87.67% of its industry peers.
MDI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.93% | ||
| PM (TTM) | 4.94% | ||
| GM | 19.1% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MDI is destroying value.
MDI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
MDI has an Altman-Z score of 4.49. This indicates that MDI is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of MDI (4.49) is better than 60.65% of its industry peers.
The Debt to FCF ratio of MDI is 1.25, which is an excellent value as it means it would take MDI, only 1.25 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.25, MDI belongs to the best of the industry, outperforming 94.27% 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.
MDI has a worse Debt to Equity ratio (0.07) than 61.39% 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 | 1.25 | ||
| Altman-Z | 4.49 |
ROIC/WACC0.61
WACC9.44%
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.
Looking at the Current ratio, with a value of 3.02, MDI is in the better half of the industry, outperforming 62.89% of the companies in the same industry.
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.
MDI has a Quick ratio (1.87) which is comparable to the rest of the 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 -51.56%.
The Earnings Per Share has been growing by 98.73% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 2.96% in the past year.
The Revenue has been growing by 12.20% on average over the past years. This is quite good.
EPS 1Y (TTM)-51.56%
EPS 3Y-21.47%
EPS 5Y98.73%
EPS Q2Q%-91.67%
Revenue 1Y (TTM)2.96%
Revenue growth 3Y3.81%
Revenue growth 5Y12.2%
Sales Q2Q%11.61%
3.2 Future
The Earnings Per Share is expected to grow by 23.56% 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 11.74% yearly.
EPS Next Y120.46%
EPS Next 2Y54.22%
EPS Next 3Y39.88%
EPS Next 5Y23.56%
Revenue Next Year14.57%
Revenue Next 2Y10.98%
Revenue Next 3Y18.55%
Revenue Next 5Y11.74%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
MDI is valuated quite expensively with a Price/Earnings ratio of 31.23.
MDI's Price/Earnings ratio is rather cheap when compared to the industry. MDI is cheaper than 89.04% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.13. MDI is around the same levels.
With a Price/Forward Earnings ratio of 14.16, MDI is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MDI indicates a rather cheap valuation: MDI is cheaper than 89.91% of the companies listed in the same industry.
MDI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.23 | ||
| Fwd PE | 14.16 |
4.2 Price Multiples
95.39% of the companies in the same industry are more expensive than MDI, based on the Enterprise Value to EBITDA ratio.
MDI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MDI is cheaper than 93.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.06 | ||
| EV/EBITDA | 7.08 |
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 39.88% in the coming years.
PEG (NY)0.26
PEG (5Y)0.32
EPS Next 2Y54.22%
EPS Next 3Y39.88%
5. Dividend
5.1 Amount
No dividends for MDI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:MDI (8/29/2025, 7:00:00 PM)
9.68
+0.46 (+4.99%)
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 Cap792.70M
Analysts82.22
Price Target13.87 (43.29%)
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)1
Avg EPS beat(2)-95.08%
Min EPS beat(2)-211.17%
Max EPS beat(2)21.01%
EPS beat(4)1
Avg EPS beat(4)-61.31%
Min EPS beat(4)-211.17%
Max EPS beat(4)21.01%
EPS beat(8)2
Avg EPS beat(8)-61.75%
EPS beat(12)5
Avg EPS beat(12)-36.26%
EPS beat(16)8
Avg EPS beat(16)-0.19%
Revenue beat(2)2
Avg Revenue beat(2)2.12%
Min Revenue beat(2)0.31%
Max Revenue beat(2)3.93%
Revenue beat(4)2
Avg Revenue beat(4)-0.8%
Min Revenue beat(4)-5.7%
Max Revenue beat(4)3.93%
Revenue beat(8)3
Avg Revenue beat(8)-2.3%
Revenue beat(12)6
Avg Revenue beat(12)-0.28%
Revenue beat(16)10
Avg Revenue beat(16)1.35%
PT rev (1m)0%
PT rev (3m)-1.09%
EPS NQ rev (1m)-40.91%
EPS NQ rev (3m)-40.91%
EPS NY rev (1m)-16.46%
EPS NY rev (3m)-16.46%
Revenue NQ rev (1m)-4.02%
Revenue NQ rev (3m)-4.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.23 | ||
| Fwd PE | 14.16 | ||
| P/S | 1.12 | ||
| P/FCF | 25.06 | ||
| P/OCF | 7.58 | ||
| P/B | 1.47 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | 7.08 |
EPS(TTM)0.31
EY3.2%
EPS(NY)0.68
Fwd EY7.06%
FCF(TTM)0.39
FCFY3.99%
OCF(TTM)1.28
OCFY13.19%
SpS8.65
BVpS6.57
TBVpS5.45
PEG (NY)0.26
PEG (5Y)0.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.85% | ||
| ROE | 6.51% | ||
| ROCE | 7.95% | ||
| ROIC | 5.73% | ||
| ROICexc | 6.38% | ||
| ROICexgc | 7.65% | ||
| OM | 6.93% | ||
| PM (TTM) | 4.94% | ||
| GM | 19.1% | ||
| FCFM | 4.47% |
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 Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 1.25 | ||
| Debt/EBITDA | 0.34 | ||
| Cap/Depr | 122.59% | ||
| Cap/Sales | 10.3% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 96.29% | ||
| Profit Quality | 90.38% | ||
| Current Ratio | 3.02 | ||
| Quick Ratio | 1.87 | ||
| Altman-Z | 4.49 |
F-Score3
WACC9.44%
ROIC/WACC0.61
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)-51.56%
EPS 3Y-21.47%
EPS 5Y98.73%
EPS Q2Q%-91.67%
EPS Next Y120.46%
EPS Next 2Y54.22%
EPS Next 3Y39.88%
EPS Next 5Y23.56%
Revenue 1Y (TTM)2.96%
Revenue growth 3Y3.81%
Revenue growth 5Y12.2%
Sales Q2Q%11.61%
Revenue Next Year14.57%
Revenue Next 2Y10.98%
Revenue Next 3Y18.55%
Revenue Next 5Y11.74%
EBIT growth 1Y-43.99%
EBIT growth 3Y-18.07%
EBIT growth 5Y31.83%
EBIT Next Year142.46%
EBIT Next 3Y45.8%
EBIT Next 5Y26.13%
FCF growth 1Y-3.97%
FCF growth 3Y-14.19%
FCF growth 5Y22.97%
OCF growth 1Y0%
OCF growth 3Y2.08%
OCF growth 5Y19.11%