Master Drilling Group Limited

JSE:MDI Stock Report

Market Cap: R2.3b

Master Drilling Group (MDI) Stock Overview

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors. More details

MDI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends3/6

MDI Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Master Drilling Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Master Drilling Group
Historical stock prices
Current Share PriceR15.50
52 Week HighR17.49
52 Week LowR11.02
Beta0.23
1 Month Change7.94%
3 Month Change10.79%
1 Year Change31.36%
3 Year Change19.69%
5 Year Change181.82%
Change since IPO72.22%

Recent News & Updates

Master Drilling Group's (JSE:MDI) Conservative Accounting Might Explain Soft Earnings

Apr 02
Master Drilling Group's (JSE:MDI) Conservative Accounting Might Explain Soft Earnings

Recent updates

Master Drilling Group's (JSE:MDI) Conservative Accounting Might Explain Soft Earnings

Apr 02
Master Drilling Group's (JSE:MDI) Conservative Accounting Might Explain Soft Earnings

Subdued Growth No Barrier To Master Drilling Group Limited's (JSE:MDI) Price

Jan 04
Subdued Growth No Barrier To Master Drilling Group Limited's (JSE:MDI) Price

Master Drilling Group (JSE:MDI) Shareholders Will Want The ROCE Trajectory To Continue

Sep 03
Master Drilling Group (JSE:MDI) Shareholders Will Want The ROCE Trajectory To Continue

Master Drilling Group (JSE:MDI) Is Paying Out A Larger Dividend Than Last Year

Apr 26
Master Drilling Group (JSE:MDI) Is Paying Out A Larger Dividend Than Last Year

Here's Why We Think Master Drilling Group (JSE:MDI) Might Deserve Your Attention Today

Nov 30
Here's Why We Think Master Drilling Group (JSE:MDI) Might Deserve Your Attention Today

Master Drilling Group (JSE:MDI) May Have Issues Allocating Its Capital

Feb 21
Master Drilling Group (JSE:MDI) May Have Issues Allocating Its Capital

Master Drilling Group (JSE:MDI) Takes On Some Risk With Its Use Of Debt

Sep 07
Master Drilling Group (JSE:MDI) Takes On Some Risk With Its Use Of Debt

Master Drilling Group (JSE:MDI) Might Be Having Difficulty Using Its Capital Effectively

Aug 12
Master Drilling Group (JSE:MDI) Might Be Having Difficulty Using Its Capital Effectively

The Trends At Master Drilling Group (JSE:MDI) That You Should Know About

Feb 22
The Trends At Master Drilling Group (JSE:MDI) That You Should Know About

Master Drilling Group (JSE:MDI) Share Prices Have Dropped 48% In The Last Three Years

Jan 12
Master Drilling Group (JSE:MDI) Share Prices Have Dropped 48% In The Last Three Years

Have Insiders Been Selling Master Drilling Group Limited (JSE:MDI) Shares?

Dec 14
Have Insiders Been Selling Master Drilling Group Limited (JSE:MDI) Shares?

The Trends At Master Drilling Group (JSE:MDI) That You Should Know About

Nov 24
The Trends At Master Drilling Group (JSE:MDI) That You Should Know About

Shareholder Returns

MDIZA Metals and MiningZA Market
7D4.2%0.02%0.7%
1Y31.4%29.7%19.3%

Return vs Industry: MDI exceeded the ZA Metals and Mining industry which returned 29.3% over the past year.

Return vs Market: MDI exceeded the ZA Market which returned 18.7% over the past year.

Price Volatility

Is MDI's price volatile compared to industry and market?
MDI volatility
MDI Average Weekly Movement6.5%
Metals and Mining Industry Average Movement7.9%
Market Average Movement4.7%
10% most volatile stocks in ZA Market10.4%
10% least volatile stocks in ZA Market3.1%

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

Volatility Over Time: MDI's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aDanie Pretoriuswww.masterdrilling.com

Master Drilling Group Limited, an investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors. It provides rock boring services, including horizontal and vertical raise, and box hole boring; slot hole, reverse circulation, piling, and directional drilling; shotcreting; paste holes; and LIDAR scanning for mining, civil, and energy sectors. The company also offers industrial products.

Master Drilling Group Limited Fundamentals Summary

How do Master Drilling Group's earnings and revenue compare to its market cap?
MDI fundamental statistics
Market capR2.33b
Earnings (TTM)R309.79m
Revenue (TTM)R4.82b
7.5x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MDI income statement (TTM)
RevenueUS$270.84m
Cost of RevenueUS$186.88m
Gross ProfitUS$83.96m
Other ExpensesUS$66.55m
EarningsUS$17.42m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Aug 26, 2025

Earnings per share (EPS)0.12
Gross Margin31.00%
Net Profit Margin6.43%
Debt/Equity Ratio23.5%

How did MDI perform over the long term?

See historical performance and comparison

Dividends

3.8%
Current Dividend Yield
30%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/09 23:34
End of Day Share Price 2025/07/09 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Master Drilling Group Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Roy MutooniRenaissance Capital
Nic DinhamSBG Securities (Proprietary) Limited