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Major Drilling Group International Inc. (MDI.TO)

CAD14.74 +0.31 (+2.15%)
CA TSX Basic Materials Industrial Materials
Address 111 St. George Street E1C 1T7
Moncton, NB, CA
CEO Denis Larocque
IPO 1996-08-13
ISIN CA5609091031

Explore sections of this company profile

Also trades on Other OTC · MJDLF (USD) Toronto Stock Exchange · MDI.TO (CAD)
Description

Major Drilling Group International Inc. delivers expert contract drilling services specifically tailored for mining and mineral exploration enterprises. Their extensive service portfolio encompasses a diverse array of drilling methodologies, such as surface and subterranean core extraction, precision directional drilling, reverse circulation, sonic drilling, and specialized applications including geotechnical, environmental, and water-well drilling. They also perform operations for coal-bed methane and shallow gas, underground percussive and long-hole drilling, surface drill-and-blast work, and various other related mining support functions. Founded in 1980, this company is based in Moncton, Canada, and maintains a broad international presence with offices located across Mexico, South America, Asia, Africa, the United States, and Australia.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD14.74 +0.31 (+2.15%)
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Volume Profile
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Liquidity & share structure
Average Volume
252.0K
Beta
1.28
Float Shares
81.89M
Free Float %
99.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.56% -1.13% +8.83% +5.42% +34.82% +35.66% +92.31% +88.78% +91.05% +151.80% +624.14%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
14.74
DCF (Unlevered) 8.11 -45.0%
DCF (Levered) 11.27 -23.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-06 Change
Strong Buy 1 0
Buy 4 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
6.25
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Industrial Materials: +4.8%
    +22.2% Q2'26: +24.6% (vs Q2'25)
  • EPS growth Industrial Materials: +16.2%
    -18.8% Q2'26: +698.4% (vs Q2'25)
  • FCF margin FCF growth · Industrial Materials: +3.3%
    +5.1% Q2'26: -9.7% (vs Q2'25)
  • EBIT margin Industrial Materials: +3.1%
    +5.3% Q2'26: +5.7% (vs Q2'25)
  • ROIC Industrial Materials: +2.2%
    +6.0% Q2'26: +8.1% (vs Q2'25)
  • Share dilution Industrial Materials: -0.2%
    +0.2% Q2'26: +0.5% (vs Q2'25)
  • Debt / EBITDA Net debt/EBITDA · Industrial Materials: 0.52×
    0.30× Q2'26: 0.28× (vs Q2'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.28) × ERP
WACC = 98% × Ke + 2% × Kd (4.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 8.15 Current price: 14.74
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Apr 2001
actual
Apr 2002
actual
Apr 2003
actual
Apr 2004
actual
Apr 2005
actual
Apr 2006
actual
Apr 2007
actual
Apr 2008
actual
Apr 2009
actual
Apr 2010
actual
Apr 2011
actual
Apr 2012
actual
Apr 2013
actual
Apr 2014
actual
Apr 2015
actual
Apr 2016
actual
Apr 2017
actual
Apr 2018
actual
Apr 2019
actual
Apr 2020
actual
Apr 2021
actual
Apr 2022
actual
Apr 2023
actual
Apr 2024
actual
Apr 2025
actual
Apr 2026
4 Rev. Ana.
3 EPS Ana.
Apr 2027
4 Rev. Ana.
1 EPS Ana.
Apr 2028
4 Rev. Ana.
3 EPS Ana.
Apr 2029
1 Rev. Ana.
1 EPS Ana.
Apr 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
129.89M
est: 110.63M (+17.4%)
109.11M
est: 111.65M (-2.3%)
162.17M
est: 156.92M (+3.3%)
193.83M
est: 185.34M (+4.6%)
269.29M
est: 273.06M (-1.4%)
350.33M
est: 358.19M (-2.2%)
415.44M
est: 407.83M (+1.9%)
590.31M
est: 597.96M (-1.3%)
522.99M
est: 543.81M (-3.8%)
307.86M
est: 303.68M (+1.4%)
482.28M
est: 498.12M (-3.2%)
797.43M
est: 803.26M (-0.7%)
695.93M
est: 721.64M (-3.6%)
354.95M
est: 367.47M (-3.4%)
305.72M
est: 307.76M (-0.7%)
304.62M
est: 321.94M (-5.4%)
300.59M
est: 302.98M (-0.8%)
342.33M
est: 339.92M (+0.7%)
384.82M
est: 396.52M (-2.9%)
409.14M
est: 424.96M (-3.7%)
432.08M
est: 421.16M (+2.6%)
650.42M
est: 631.20M (+3.0%)
735.74M
est: 753.76M (-2.4%)
706.69M
est: 697.85M (+1.3%)
727.58M
est: 740.21M (-1.7%)
880.93M
871.00M – 887.41M
+19.0% YoY
1.02B
978.00M – 1.05B
+15.6% YoY
1.13B
1.07B – 1.23B
+11.1% YoY
1.18B
1.12B – 1.25B
+3.8% YoY
1.12B
1.06B – 1.19B
-5.0% YoY
EBITDA
7.56M
est: 17.95M (-57.9%)
-437.0K
est: 17.76M (-102.5%)
13.55M
est: 24.96M (-45.7%)
19.26M
est: 29.48M (-34.7%)
37.16M
est: 26.81M (+38.6%)
56.81M
est: 45.39M (+25.2%)
99.25M
est: 60.00M (+65.4%)
150.63M
est: 140.90M (+6.9%)
105.04M
est: 116.14M (-9.6%)
33.55M
est: 55.62M (-39.7%)
73.46M
est: 51.83M (+41.7%)
174.40M
est: 117.72M (+48.2%)
136.02M
est: 149.40M (-9.0%)
9.57M
est: 67.92M (-85.9%)
8.76M
est: 2.47M (+255.4%)
11.94M
est: 4.09M (+191.5%)
9.95M
est: 6.77M (+47.0%)
24.66M
est: 9.98M (+147.1%)
31.35M
est: 28.76M (+9.0%)
-14.90M
est: 29.61M (-150.3%)
52.06M
est: -18.17M (+386.5%)
114.09M
est: -21.90M (+621.0%)
145.05M
est: -23.15M (+726.6%)
125.22M
est: 115.51M (+8.4%)
102.54M
est: 121.65M (-15.7%)
144.78M
143.15M – 145.84M
+19.0% YoY
167.42M
160.73M – 172.64M
+15.6% YoY
185.99M
176.04M – 202.51M
+11.1% YoY
193.14M
184.05M – 205.01M
+3.8% YoY
183.50M
174.86M – 194.77M
-5.0% YoY
EBIT
554.0K
est: 9.47M (-94.1%)
-7.59M
est: 9.37M (-181.1%)
4.93M
est: 13.16M (-62.5%)
8.18M
est: 15.55M (-47.4%)
23.05M
est: 14.29M (+61.3%)
44.58M
est: 33.45M (+33.3%)
78.72M
est: 48.84M (+61.2%)
107.92M
est: 102.93M (+4.8%)
72.81M
est: 100.22M (-27.4%)
3.28M
est: 41.32M (-92.1%)
42.54M
est: 5.58M (+662.7%)
131.80M
est: 65.79M (+100.3%)
83.19M
est: 119.58M (-30.4%)
-43.73M
est: 43.15M (-201.3%)
-45.48M
est: -31.80M (-43.0%)
-41.03M
est: -45.79M (+10.4%)
-41.63M
est: -37.21M (-11.9%)
-23.49M
est: -46.22M (+49.2%)
-9.56M
est: -29.47M (+67.6%)
-54.45M
est: -8.94M (-508.9%)
14.75M
est: -53.84M (+127.4%)
70.11M
est: -64.89M (+208.0%)
98.59M
est: -68.60M (+243.7%)
73.50M
est: 63.40M (+15.9%)
39.03M
est: 66.77M (-41.5%)
79.46M
78.56M – 80.04M
+19.0% YoY
91.88M
88.21M – 94.74M
+15.6% YoY
102.08M
96.61M – 111.14M
+11.1% YoY
106.00M
101.01M – 112.51M
+3.8% YoY
100.71M
95.96M – 106.89M
-5.0% YoY
Net Income
-5.45M
est: -552.4K (-885.7%)
-9.94M
est: -5.55M (-79.1%)
2.53M
est: 3.08M (-17.8%)
5.47M
est: 12.51M (-56.3%)
15.54M
est: 8.10M (+91.8%)
28.64M
est: 20.33M (+40.9%)
58.80M
est: 32.56M (+80.6%)
74.10M
est: 86.21M (-14.1%)
45.94M
est: 67.39M (-31.8%)
-464.0K
est: 25.63M (-101.8%)
27.56M
est: -820.1K (+3,460.3%)
89.75M
est: 44.51M (+101.7%)
52.11M
est: 80.59M (-35.3%)
-55.31M
est: 26.67M (-307.4%)
-49.57M
est: -47.01M (-5.4%)
-45.29M
est: -51.89M (+12.7%)
-42.06M
est: -42.62M (+1.3%)
-22.45M
est: -47.19M (+52.4%)
-18.08M
est: -26.37M (+31.4%)
-70.96M
est: -18.78M (-277.8%)
10.03M
est: -71.36M (+114.1%)
53.46M
est: -86.01M (+162.2%)
74.92M
est: 72.45M (+3.4%)
53.09M
est: 47.18M (+12.5%)
25.96M
est: 34.67M (-25.1%)
21.38M
12.40M – 22.32M
-38.3% YoY
61.15M
59.40M – 62.89M
+186.0% YoY
114.00M
73.15M – 144.65M
+86.4% YoY
88.50M
83.33M – 95.85M
-22.4% YoY
82.19M
77.16M – 88.75M
-7.1% YoY
SGA
21.72M
est: 10.28M (+111.3%)
20.31M
est: 10.17M (+99.7%)
23.81M
est: 14.30M (+66.6%)
26.10M
est: 16.88M (+54.6%)
31.66M
est: 35.51M (-10.8%)
38.29M
est: 36.86M (+3.9%)
33.82M
est: 37.23M (-9.2%)
44.81M
est: 49.56M (-9.6%)
46.87M
est: 40.74M (+15.0%)
33.44M
est: 26.19M (+27.7%)
40.95M
est: 54.79M (-25.3%)
57.98M
est: 65.95M (-12.1%)
63.83M
est: 52.11M (+22.5%)
50.09M
est: 32.66M (+53.4%)
44.91M
est: 42.59M (+5.4%)
44.08M
est: 47.02M (-6.2%)
44.59M
est: 41.49M (+7.5%)
47.72M
est: 50.03M (-4.6%)
46.60M
est: 56.05M (-16.9%)
48.04M
est: 48.40M (-0.7%)
44.97M
est: 46.55M (-3.4%)
53.64M
est: 56.11M (-4.4%)
61.13M
est: 59.31M (+3.1%)
65.00M
est: 50.69M (+28.2%)
74.97M
est: 53.38M (+40.4%)
63.53M
62.81M – 63.99M
+19.0% YoY
73.46M
70.53M – 75.75M
+15.6% YoY
81.61M
77.24M – 88.86M
+11.1% YoY
84.75M
80.76M – 89.95M
+3.8% YoY
80.51M
76.72M – 85.46M
-5.0% YoY
EPS
-0.16
est: -0.01 (-2,275.1%)
-0.30
est: -0.07 (-345.5%)
0.05
est: 0.04 (+35.7%)
0.08
est: 0.14 (-39.4%)
0.24
est: 0.24 (-1.9%)
0.42
est: 0.42 (0.0%)
0.85
est: 0.67 (+26.6%)
1.05
est: 1.08 (-2.7%)
0.65
est: 0.78 (-16.6%)
-0.01
est: -0.02 (+69.8%)
0.39
est: 0.45 (-14.0%)
1.18
est: 1.20 (-1.4%)
0.66
est: 0.73 (-10.0%)
-0.70
est: -0.33 (-112.2%)
-0.62
est: -0.50 (-23.6%)
-0.57
est: -0.40 (-44.3%)
-0.52
est: -0.52 (+0.6%)
-0.28
est: -0.25 (-12.0%)
-0.23
est: -0.10 (-139.6%)
-0.88
est: 0.06 (-1,700.0%)
0.12
est: 0.18 (-31.4%)
0.65
est: 0.57 (+15.0%)
0.90
est: 0.94 (-4.0%)
0.64
est: 0.58 (+11.3%)
0.32
est: 0.42 (-23.4%)
0.23
0.15 – 0.27
-45.5% YoY
0.74
0.72 – 0.77
+226.3% YoY
1.15
0.89 – 1.76
+54.9% YoY
1.08
1.01 – 1.17
-6.3% YoY
1.00
0.94 – 1.08
-7.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-15 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-06-12 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-06-11 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-06-10 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-06-09 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-06-08 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-06-05 B+ 3/5 4/5 3/5 4/5 3/5 1/5 3/5
2026-06-04 B+ 3/5 4/5 3/5 4/5 3/5 1/5 3/5
2026-06-03 B+ 3/5 4/5 3/5 4/5 3/5 1/5 3/5
2026-06-02 B+ 3/5 4/5 3/5 4/5 3/5 1/5 3/5
2026-06-01 B+ 3/5 4/5 3/5 4/5 3/5 1/5 3/5
2026-05-28 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-05-27 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-05-26 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-05-25 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-05-22 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-05-21 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-05-20 B 3/5 4/5 3/5 4/5 3/5 1/5 2/5
2026-05-19 B+ 3/5 4/5 3/5 4/5 3/5 1/5 3/5
2026-05-15 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-05-14 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-05-13 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-05-12 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-05-11 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-05-08 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-05-07 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-05-06 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-05-05 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-05-04 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-05-01 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-04-30 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-04-29 B 3/5 4/5 3/5 5/5 2/5 1/5 2/5
2026-04-28 B 3/5 4/5 3/5 5/5 2/5 1/5 2/5
2026-04-27 B 3/5 4/5 3/5 5/5 2/5 1/5 2/5
2026-04-24 B 3/5 4/5 3/5 5/5 1/5 1/5 2/5
2026-04-23 B 3/5 4/5 3/5 5/5 1/5 1/5 2/5
2026-04-22 B 3/5 4/5 3/5 5/5 1/5 1/5 2/5
2026-04-21 B 3/5 4/5 3/5 5/5 1/5 1/5 2/5
2026-04-20 B 3/5 4/5 3/5 5/5 1/5 1/5 2/5
2026-04-17 B 3/5 4/5 3/5 5/5 1/5 1/5 2/5
2026-04-16 B 3/5 4/5 3/5 5/5 1/5 1/5 2/5
2026-04-15 B 3/5 4/5 3/5 5/5 1/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
77.09M
OE per share TTM
0.94
Owner's Yield
5.36%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
35.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
1
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Beutel, Goodman & Company Ltd. 6.80M 8.49% 6.80M IA Ontario, Canada 2017-01-23

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 HARA CAPITAL LLC -168.4K (-100.0%) -1.1M (-100.0%) 0.00% -0.206 pp 0.00% -0.682 pp CAD 2 qtrs SOLD
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
18.8K
Shares Outstanding
82.13M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Denis Larocque President, Chief Executive Officer & Non-Independent Director 1M male
Ashley Martin Chief Operating Officer 619.2K male
Ian Ross Chief Financial Officer 603.7K male
Ben Graham Vice President of Human Resources & Safety 577.6K male
Andrew McLaughlin Vice President of Legal Affairs, General Counsel & Secretary male
Marc Landry Chief Technology Officer male
Barry Zerbin Vice President of Canadian Operations
Chantal Melanson Executive Assistant
Kevin Bradley Slemko Vice President of US Operations male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits