Major Drilling Group International Inc.

TSX:MDI Stock Report

Market Cap: CA$676.0m

Major Drilling Group International Past Earnings Performance

Past criteria checks 2/6

Major Drilling Group International has been growing earnings at an average annual rate of 50.5%, while the Metals and Mining industry saw earnings growing at 23.6% annually. Revenues have been growing at an average rate of 14.4% per year. Major Drilling Group International's return on equity is 7.8%, and it has net margins of 6.1%.

Key information

50.5%

Earnings growth rate

50.6%

EPS growth rate

Metals and Mining Industry Growth27.4%
Revenue growth rate14.4%
Return on equity7.8%
Net Margin6.1%
Last Earnings Update31 Oct 2024

Recent past performance 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

Revenue & Expenses Breakdown

How Major Drilling Group International makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:MDI Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Oct 2468042720
31 Jul 2469847710
30 Apr 2470753690
31 Jan 2472464680
31 Oct 2374073670
31 Jul 2373572660
30 Apr 2373675650
31 Jan 2374177640
31 Oct 2273076620
31 Jul 2269967600
30 Apr 2265053570
31 Jan 2258933550
31 Oct 2155026520
31 Jul 2149419500
30 Apr 2143210470
31 Jan 21393-67460
31 Oct 20374-75470
31 Jul 20381-75470
30 Apr 20409-71480
31 Jan 204210500
31 Oct 19419-6490
31 Jul 19404-10480
30 Apr 19385-18480
31 Jan 19380-19480
31 Oct 18374-12490
31 Jul 18357-18490
30 Apr 18342-22480
31 Jan 18328-26480
31 Oct 17324-32470
31 Jul 17315-39470
30 Apr 17301-42450
31 Jan 17283-47440
31 Oct 16285-48440
31 Jul 16290-44440
30 Apr 16305-45440
31 Jan 16322-46440
31 Oct 15320-49440
31 Jul 15322-53450
30 Apr 15306-50450
31 Jan 15307-61480
31 Oct 14309-55480
31 Jul 14314-64490
30 Apr 14355-55520
31 Jan 14408-28550

Quality Earnings: MDI has high quality earnings.

Growing Profit Margin: MDI's current net profit margins (6.1%) are lower than last year (9.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MDI has become profitable over the past 5 years, growing earnings by 50.5% per year.

Accelerating Growth: MDI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MDI had negative earnings growth (-42.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (35.4%).


Return on Equity

High ROE: MDI's Return on Equity (7.8%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

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