Major Drilling Valuation
| MDI Stock | CAD 8.65 0.27 3.22% |
At this time, the firm appears to be fairly valued. Major Drilling Group secures a last-minute Real Value of C$8.62 per share. The latest price of the firm is C$8.65. Our model forecasts the value of Major Drilling Group from analyzing the firm fundamentals such as Return On Equity of 0.0965, current valuation of 591.68 M, and Profit Margin of 0.07 % as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Major Drilling's valuation include:
Price Book 1.2864 | Enterprise Value | Enterprise Value Ebitda 5.2916 | Price Sales 1.0145 | Forward PE 9.2593 |
Fairly Valued
Today
Please note that Major Drilling's price fluctuation is not too volatile at this time. Calculation of the real value of Major Drilling Group is based on 3 months time horizon. Increasing Major Drilling's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Major Drilling is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Major Stock. However, Major Drilling's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 8.65 | Real 8.62 | Hype 8.61 | Naive 8.27 |
The intrinsic value of Major Drilling's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Major Drilling's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Major Drilling Group helps investors to forecast how Major stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Major Drilling more accurately as focusing exclusively on Major Drilling's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Major Drilling's intrinsic value based on its ongoing forecasts of Major Drilling's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Major Drilling's closest peers.
Major Drilling Cash |
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Major Valuation Trend
Knowing Major Drilling's actual value is paramount for traders when making sound investment determinations. Using both Major Drilling's enterprise value as well as its market capitalization is the best way to estimate the value of the company and is usually enough for investors to make market timing decisions.
Major Drilling Total Value Analysis
Major Drilling Group is now forecasted to have takeover price of 591.68 M with market capitalization of 707.94 M, debt of 4.72 M, and cash on hands of 29.07 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Major Drilling fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
591.68 M | 707.94 M | 4.72 M | 29.07 M |
Major Drilling Investor Information
About 55.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.29. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Major Drilling Group last dividend was issued on the 7th of October 2015. The entity had 3:1 split on the 21st of March 2011. Major Drilling Group is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in March.Major Drilling Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Major Drilling has an asset utilization ratio of 115.44 percent. This suggests that the Company is making C$1.15 for each dollar of assets. An increasing asset utilization means that Major Drilling Group is more efficient with each dollar of assets it utilizes for everyday operations.Major Drilling Ownership Allocation
Major Drilling Group maintains a total of 81.84 Million outstanding shares. Over half of Major Drilling's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Major Drilling Group. Please watch out for any change in the institutional holdings of Major Drilling Group as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.Major Drilling Profitability Analysis
The company reported the revenue of 706.69 M. Net Income was 53.09 M with profit before overhead, payroll, taxes, and interest of 145.7 M.About Major Drilling Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Major Drilling Group. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Major Drilling Group based exclusively on its fundamental and basic technical indicators. By analyzing Major Drilling's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Major Drilling's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Major Drilling. We calculate exposure to Major Drilling's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Major Drilling's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | 174.4 M | 105.8 M | |
| Pretax Profit Margin | 0.10 | 0.12 | |
| Operating Profit Margin | 0.12 | 0.14 | |
| Net Profit Margin | 0.09 | 0.09 | |
| Gross Profit Margin | 0.25 | 0.29 |
Other Information on Investing in Major Stock
Major Drilling financial ratios help investors to determine whether Major Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Major with respect to the benefits of owning Major Drilling security.