Major Drilling Valuation
Major Drilling seems to be fairly valued based on Macroaxis valuation methodology. Our model forecasts the value of Major Drilling Group from analyzing the firm fundamentals such as Profit Margin of 0.10 %, current valuation of 600.92 M, and Return On Equity of 0.21 as well as examining its technical indicators and probability of bankruptcy.
Major Drilling Total Value Analysis
Major Drilling Group is now expected to have takeover price of 600.92 M with market capitalization of 663.76 M, debt of 50 M, and cash on hands of 61.12 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 |
600.92 M | 663.76 M | 50 M | 61.12 M |
Major Drilling Investor Information
About 80.0% of the company shares are owned by institutional investors. The book value of Major Drilling was now reported as 5.06. The company last dividend was issued on the 7th of October 2015. Major Drilling Group had 3:1 split on the 21st of March 2011. Major Drilling Group is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January.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 116.75 percent. This implies that the Company is making $1.17 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 82.87 Million outstanding shares. The majority of Major Drilling outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Major Drilling Group to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Major Drilling Group. Please pay attention to any change in the institutional holdings of Major Drilling as this could imply that 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 650.41 M. Net Income was 53.46 M with profit before overhead, payroll, taxes, and interest of 139.77 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Major Drilling's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Major Drilling and how it compares across the competition.
About Major Drilling Valuation
The pink sheet valuation mechanism determines Major Drilling's current worth on a weekly basis. Our 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.Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies. The company was founded in 1980 and is based in Moncton, Canada with additional offices in Mexico, South America, Asia, Africa, USA, and Australia. Major Drilling operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
8 Steps to conduct Major Drilling's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Major Drilling's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Major Drilling's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Major Drilling's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Major Drilling's revenue streams: Identify Major Drilling's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Major Drilling's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Major Drilling's growth potential: Evaluate Major Drilling's management, business model, and growth potential.
- Determine Major Drilling's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Major Drilling's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Major Drilling Growth Indicators
Investing in growth stocks can be very risky. If the company such as Major Drilling does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 82.7 M | |
| Quarterly Earnings Growth Y O Y | 0.647 | |
| Forward Price Earnings | 11.2486 | |
| Retained Earnings | 31 M |
Complementary Tools for Major Pink Sheet analysis
When running Major Drilling's price analysis, check to measure Major Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Major Drilling is operating at the current time. Most of Major Drilling's value examination focuses on studying past and present price action to predict the probability of Major Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Major Drilling's price. Additionally, you may evaluate how the addition of Major Drilling to your portfolios can decrease your overall portfolio volatility.
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