Major Drilling Group International Inc.

TSX:MDI Stock Report

Market Cap: CA$676.0m

Major Drilling Group International Future Growth

Future criteria checks 4/6

Major Drilling Group International is forecast to grow earnings and revenue by 51.2% and 17.4% per annum respectively while EPS is expected to grow by 51.6% per annum.

Key information

51.2%

Earnings growth rate

51.6%

EPS growth rate

Metals and Mining earnings growth34.7%
Revenue growth rate17.4%
Future return on equityn/a
Analyst coverage

Low

Last updated10 Dec 2024

Recent future growth updates

Recent updates

Major Drilling Group International Inc. (TSE:MDI) Shares Fly 25% But Investors Aren't Buying For Growth

Dec 20
Major Drilling Group International Inc. (TSE:MDI) Shares Fly 25% But Investors Aren't Buying For Growth

If EPS Growth Is Important To You, Major Drilling Group International (TSE:MDI) Presents An Opportunity

May 30
If EPS Growth Is Important To You, Major Drilling Group International (TSE:MDI) Presents An Opportunity

Returns On Capital Are A Standout For Major Drilling Group International (TSE:MDI)

Apr 04
Returns On Capital Are A Standout For Major Drilling Group International (TSE:MDI)

Major Drilling Group International Inc. (TSE:MDI) Shares Could Be 42% Below Their Intrinsic Value Estimate

Mar 03
Major Drilling Group International Inc. (TSE:MDI) Shares Could Be 42% Below Their Intrinsic Value Estimate

Why We Like The Returns At Major Drilling Group International (TSE:MDI)

Dec 04
Why We Like The Returns At Major Drilling Group International (TSE:MDI)

These 4 Measures Indicate That Major Drilling Group International (TSE:MDI) Is Using Debt Safely

Oct 13
These 4 Measures Indicate That Major Drilling Group International (TSE:MDI) Is Using Debt Safely

With A 28% Price Drop For Major Drilling Group International Inc. (TSE:MDI) You'll Still Get What You Pay For

Jul 15
With A 28% Price Drop For Major Drilling Group International Inc. (TSE:MDI) You'll Still Get What You Pay For

Is Now The Time To Put Major Drilling Group International (TSE:MDI) On Your Watchlist?

Jun 23
Is Now The Time To Put Major Drilling Group International (TSE:MDI) On Your Watchlist?

Major Drilling Group International's (TSE:MDI) Returns On Capital Are Heading Higher

Jun 09
Major Drilling Group International's (TSE:MDI) Returns On Capital Are Heading Higher

Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?

Apr 19
Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?

Returns At Major Drilling Group International (TSE:MDI) Are On The Way Up

Mar 04
Returns At Major Drilling Group International (TSE:MDI) Are On The Way Up

Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?

Dec 04
Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?

Major Drilling Group International (TSE:MDI) Might Have The Makings Of A Multi-Bagger

Sep 03
Major Drilling Group International (TSE:MDI) Might Have The Makings Of A Multi-Bagger

We Think Major Drilling Group International (TSE:MDI) Can Stay On Top Of Its Debt

Mar 16
We Think Major Drilling Group International (TSE:MDI) Can Stay On Top Of Its Debt

Will the Promising Trends At Major Drilling Group International (TSE:MDI) Continue?

Feb 23
Will the Promising Trends At Major Drilling Group International (TSE:MDI) Continue?

The Major Drilling Group International (TSE:MDI) Share Price Is Up 41% And Shareholders Are Holding On

Feb 03
The Major Drilling Group International (TSE:MDI) Share Price Is Up 41% And Shareholders Are Holding On

Major Drilling Group International Inc. (TSE:MDI) On The Verge Of Breaking Even

Jan 13
Major Drilling Group International Inc. (TSE:MDI) On The Verge Of Breaking Even

Earnings and Revenue Growth Forecasts

TSX:MDI - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
4/30/202687482701454
4/30/202572844331124
10/31/20246804233114N/A
7/31/20246984738117N/A
4/30/20247075339112N/A
1/31/20247246433104N/A
10/31/20237407340106N/A
7/31/20237357250112N/A
4/30/20237367554113N/A
1/31/20237417761118N/A
10/31/20227307672126N/A
7/31/2022699674799N/A
4/30/2022650534595N/A
1/31/2022589334894N/A
10/31/2021550262159N/A
7/31/2021494191652N/A
4/30/202143210334N/A
1/31/2021393-67833N/A
10/31/2020374-75231N/A
7/31/2020381-75531N/A
4/30/2020409-711342N/A
1/31/20204210233N/A
10/31/2019419-6433N/A
7/31/2019404-10-426N/A
4/30/2019385-18-521N/A
1/31/2019380-19-618N/A
10/31/2018374-12-817N/A
7/31/2018357-18N/A8N/A
4/30/2018342-22N/A10N/A
1/31/2018328-26N/A15N/A
10/31/2017324-32N/A10N/A
7/31/2017315-39N/A8N/A
4/30/2017301-42N/A-3N/A
1/31/2017283-47N/A8N/A
10/31/2016285-48N/A9N/A
7/31/2016290-44N/A16N/A
4/30/2016305-45N/A22N/A
1/31/2016322-46N/A16N/A
10/31/2015320-49N/A17N/A
7/31/2015322-53N/A16N/A
4/30/2015306-50N/A15N/A
1/31/2015307-61N/A30N/A
10/31/2014309-55N/A24N/A
7/31/2014314-64N/A39N/A
4/30/2014355-55N/A41N/A
1/31/2014408-28N/A43N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MDI's forecast earnings growth (51.2% per year) is above the savings rate (2.3%).

Earnings vs Market: MDI's earnings (51.2% per year) are forecast to grow faster than the Canadian market (15.3% per year).

High Growth Earnings: MDI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MDI's revenue (17.4% per year) is forecast to grow faster than the Canadian market (7.3% per year).

High Growth Revenue: MDI's revenue (17.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MDI's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 03:44
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Major Drilling Group International Inc. is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Donangelo VolpeBeacon Securities Limited
Ahmad ShaathBeacon Securities Limited
Cosmos ChiuCIBC Capital Markets