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Major Drilling Group (TSE:MDI)
TSX:MDI
Total Valuation
Major Drilling has a market cap or net worth of C$1.16B. The enterprise value is C$0.00.
Market CapC$1.16B
Enterprise ValueC$0.00
Share Statistics
Major Drilling has 82,052,734 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding82,052,734
Owned by Insiders0.23%
Owned by Institutions0.21%
Financial Efficiency
Major Drilling’s return on equity (ROE) is 0.11 and return on invested capital (ROIC) is 12.18%.
Return on Equity (ROE)0.11
Return on Assets (ROA)0.09
Return on Invested Capital (ROIC)12.18%
Return on Capital Employed (ROCE)0.16
Revenue Per Employee291.03K
Profits Per Employee14.92K
Employee Count2,500
Asset Turnover1.15
Inventory Turnover5.00
Valuation Ratios
The current PE Ratio of Major Drilling is 72.9. Major Drilling’s PEG ratio is -0.51.
PE Ratio72.9
PS Ratio1.11
PB Ratio1.59
Price to Fair Value1.59
Price to FCF20.45
Price to Operating Cash Flow10.75
PEG Ratio-0.51
Income Statement
In the last 12 months, Major Drilling had revenue of 727.58M and earned 25.95M in profits. Earnings per share was 0.32.
Revenue727.58M
Gross Profit130.54M
Operating Income39.02M
Pretax Income37.30M
Net Income25.95M
EBITDA102.54M
Earnings Per Share (EPS)0.32
Cash Flow
In the last 12 months, operating cash flow was 77.48M and capital expenditures -57.41M, giving a free cash flow of 20.07M billion.
Operating Cash Flow77.48M
Free Cash Flow20.07M
Free Cash Flow per Share0.24
Dividends & Yields
Major Drilling pays an annual dividend of C$0.02, resulting in a dividend yield of ―
Dividend Per ShareC$0.02
Dividend Yield―
Payout Ratio―
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta1.90
52-Week Price Change69.09%
50-Day Moving Average12.86
200-Day Moving Average10.21
Relative Strength Index (RSI)59.83
Average Volume (3m)198.85K
Important Dates
Major Drilling upcoming earnings date is Feb 26, 2026, After Close (Confirmed).
Last Earnings DateDec 10, 2025
Next Earnings DateFeb 26, 2026
Ex-Dividend Date―
Financial Position
Major Drilling as a current ratio of 3.40, with Debt / Equity ratio of 7.11%
Current Ratio3.40
Quick Ratio2.30
Debt to Market Cap0.00
Net Debt to EBITDA-0.73
Interest Coverage Ratio0.00
Taxes
In the past 12 months, Major Drilling has paid 11.35M in taxes.
Income Tax11.35M
Effective Tax Rate0.25
Enterprise Valuation
Major Drilling EV to EBITDA ratio is 5.56, with an EV/FCF ratio of 18.07.
EV to Sales0.98
EV to EBITDA5.56
EV to Free Cash Flow18.07
EV to Operating Cash Flow6.21
Balance Sheet
Major Drilling has C$64.69M in cash and marketable securities with C$36.83M in debt, giving a net cash position of C$27.86M billion.
Cash & Marketable SecuritiesC$64.69M
Total DebtC$36.83M
Net CashC$27.86M
Net Cash Per ShareC$0.34
Tangible Book Value Per ShareC$5.70
Margins
Gross margin is 17.77%, with operating margin of 11.82%, and net profit margin of 7.51%.
Gross Margin17.77%
Operating Margin11.82%
Pretax Margin10.05%
Net Profit Margin7.51%
EBITDA Margin17.72%
EBIT Margin10.40%
Analyst Forecast
The average price target for Major Drilling is C$23.58, which is 11.43% higher than the current price. The consensus rating is Moderate Buy
Price TargetC$23.58
Price Target Upside66.41% Upside
Analyst ConsensusModerate Buy
Analyst Count1
Revenue Growth Forecast20.42%
EPS Growth Forecast-61.80%