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Master Drilling Group

Market Cap

R1.4b

Last Updated

2021/04/11 17:12 UTC

Data Sources

Company Financials

Executive Summary

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 hydro-electric power sectors. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Master Drilling Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MDI is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: MDI's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of ZA stocks.


Market Performance


7 Day Return

5.4%

MDI

0.3%

ZA Metals and Mining

-1.4%

ZA Market


1 Year Return

47.9%

MDI

94.3%

ZA Metals and Mining

36.3%

ZA Market

Return vs Industry: MDI underperformed the ZA Metals and Mining industry which returned 94.3% over the past year.

Return vs Market: MDI exceeded the ZA Market which returned 36.3% over the past year.


Shareholder returns

MDIIndustryMarket
7 Day5.4%0.3%-1.4%
30 Day3.6%0.4%-2.1%
90 Day26.8%17.3%9.7%
1 Year47.9%47.9%102.3%94.3%43.5%36.3%
3 Year-22.2%-25.7%392.8%334.1%18.7%-6.8%
5 Year-26.3%-31.0%264.4%197.6%35.2%2.8%

Long-Term Price Volatility Vs. Market

How volatile is Master Drilling Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Master Drilling Group undervalued compared to its fair value and its price relative to the market?

8.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MDI (ZAR9.32) is trading above our estimate of fair value (ZAR1.74)

Significantly Below Fair Value: MDI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MDI is good value based on its PE Ratio (8.1x) compared to the ZA Metals and Mining industry average (9.8x).

PE vs Market: MDI is good value based on its PE Ratio (8.1x) compared to the ZA market (12.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MDI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MDI is good value based on its PB Ratio (0.6x) compared to the ZA Metals and Mining industry average (1.5x).


Future Growth

How is Master Drilling Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.3%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Master Drilling Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Master Drilling Group performed over the past 5 years?

-7.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MDI has high quality earnings.

Growing Profit Margin: MDI's current net profit margins (8.7%) are lower than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: MDI's earnings have declined by 7.9% per year over the past 5 years.

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 (-24%) over the past year, making it difficult to compare to the Metals and Mining industry average (151.9%).


Return on Equity

High ROE: MDI's Return on Equity (7.3%) is considered low.


Financial Health

How is Master Drilling Group's financial position?


Financial Position Analysis

Short Term Liabilities: MDI's short term assets ($94.6M) exceed its short term liabilities ($38.9M).

Long Term Liabilities: MDI's short term assets ($94.6M) exceed its long term liabilities ($50.2M).


Debt to Equity History and Analysis

Debt Level: MDI's debt to equity ratio (28.3%) is considered satisfactory.

Reducing Debt: MDI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: MDI's debt is well covered by operating cash flow (45%).

Interest Coverage: MDI's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


Dividend

What is Master Drilling Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MDI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MDI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MDI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MDI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: MDI is not paying a notable dividend for the ZA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MDI's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.0yrs

Average management tenure


CEO

Danie Pretorius (62 yo)

8.75yrs

Tenure

US$646,103

Compensation

Mr. Daniel Coenraad Pretorius, also known as Danie founded Master Drilling Group Limited in 1986 and has been its Chief Executive Officer since July 17, 2012. Mr. Pretorius founded Master Drilling in 1986 ...


CEO Compensation Analysis

Compensation vs Market: Danie's total compensation ($USD646.10K) is above average for companies of similar size in the ZA market ($USD279.18K).

Compensation vs Earnings: Danie's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MDI's management team is seasoned and experienced (7 years average tenure).


Board Members

Experienced Board: MDI's board of directors are considered experienced (8.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Master Drilling Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Master Drilling Group Limited
  • Ticker: MDI
  • Exchange: JSE
  • Founded: 1986
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: R1.410b
  • Shares outstanding: 151.26m
  • Website: https://www.masterdrilling.com

Number of Employees


Location

  • Master Drilling Group Limited
  • 4 Bosman Street
  • Fochville
  • Gauteng
  • 2515
  • South Africa

Listings


Biography

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 hydro-elec...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 17:12
End of Day Share Price2021/04/09 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.