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Major Drilling Group International DB:3MJ Stock Report

Last Price

€5.70

Market Cap

€469.8m

7D

-2.6%

1Y

0.9%

Updated

31 Jan, 2025

Data

Company Financials +

Major Drilling Group International Inc.

DB:3MJ Stock Report

Market Cap: €469.8m

3MJ Stock Overview

Provides contract drilling services to mining and mineral exploration companies in the United States, Canada, South and Central America, Australasia, and Africa. More details

3MJ fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 71.2% below our estimate of its fair value

Earnings are forecast to grow 51.2% per year

Risk Analysis

Profit margins (6.1%) are lower than last year (9.8%)


My Notes

Capture your thoughts, links and company narrative

Major Drilling Group International Inc. Competitors

Eisen- und Hüttenwerke

DB:EIS

€213.0m

SIMONA

DB:SIM0

€330.0m

AlzChem Group

XTRA:ACT

€657.4m

Sto SE KGaA

XTRA:STO3

€735.1m

Price History & Performance

Summary of share price highs, lows and changes for Major Drilling Group International
Historical stock prices
Current Share PriceCA$5.70
52 Week HighCA$6.80
52 Week LowCA$4.70
Beta1.59
1 Month Change4.59%
3 Month Change5.56%
1 Year Change0.89%
3 Year Change0%
5 Year Change60.11%
Change since IPO-58.19%

Recent News & Updates

Recent updates

Shareholder Returns

3MJDE Metals and MiningDE Market
7D-2.6%4.4%1.9%
1Y0.9%-5.8%15.1%

Return vs Industry: 3MJ exceeded the German Metals and Mining industry which returned -6.8% over the past year.

Return vs Market: 3MJ underperformed the German Market which returned 15.2% over the past year.

Price Volatility

Is 3MJ's price volatile compared to industry and market?
3MJ volatility
3MJ Average Weekly Movement5.2%
Metals and Mining Industry Average Movement9.3%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.2%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 3MJ has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 3MJ's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980n/aDenis Larocquewww.majordrilling.com

Major Drilling Group International Inc. provides contract drilling services to mining and mineral exploration companies in the United States, Canada, South and Central America, Australasia, and Africa. It offers various drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, and surface drill and blast services, as well as range of mining services. The company was founded in 1980 and is headquartered in Moncton, Canada.

Major Drilling Group International Inc. Fundamentals Summary

How do Major Drilling Group International's earnings and revenue compare to its market cap?
3MJ fundamental statistics
Market cap€469.81m
Earnings (TTM)€27.64m
Revenue (TTM)€451.37m

16.5x

P/E Ratio

1.0x

P/S Ratio

Is 3MJ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3MJ income statement (TTM)
RevenueCA$680.16m
Cost of RevenueCA$542.55m
Gross ProfitCA$137.61m
Other ExpensesCA$95.96m
EarningsCA$41.65m

Last Reported Earnings

Oct 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.51
Gross Margin20.23%
Net Profit Margin6.12%
Debt/Equity Ratio0%

How did 3MJ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 16:46
End of Day Share Price 2025/01/31 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