Major Drilling Group International Inc
TSX:MDI

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Major Drilling Group International Inc
TSX:MDI
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Price: 9.08 CAD 0.78% Market Closed
Market Cap: 743.2m CAD

Relative Value

The Relative Value of one MDI stock under the Base Case scenario is 14.64 CAD. Compared to the current market price of 9.08 CAD, Major Drilling Group International Inc is Undervalued by 38%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MDI Relative Value
Base Case
14.64 CAD
Undervaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
68
vs Industry
65
Median 3Y
1
Median 5Y
1.1
Industry
1.8
Forward
0.9
vs History
12
vs Industry
13
Median 3Y
12
Median 5Y
12
Industry
16.4
Forward
11.1
vs History
47
vs Industry
22
Median 3Y
6.7
Median 5Y
7.3
Industry
9.7
vs History
63
vs Industry
16
Median 3Y
29.1
Median 5Y
21.3
Industry
16.2
vs History
74
vs Industry
47
Median 3Y
1.5
Median 5Y
1.8
Industry
1.7
vs History
53
vs Industry
68
Median 3Y
0.9
Median 5Y
1
Industry
2.1
Forward
0.8
vs History
38
vs Industry
51
Median 3Y
4.4
Median 5Y
4.8
Industry
7.4
vs History
26
vs Industry
24
Median 3Y
5.3
Median 5Y
5.7
Industry
10.6
Forward
4.4
vs History
23
vs Industry
17
Median 3Y
8.4
Median 5Y
10.2
Industry
13.5
Forward
5.6
vs History
44
vs Industry
26
Median 3Y
6.2
Median 5Y
7
Industry
11
vs History
26
vs Industry
11
Median 3Y
16.2
Median 5Y
17.9
Industry
14.6
vs History
82
vs Industry
43
Median 3Y
1.5
Median 5Y
1.7
Industry
1.4

Multiples Across Competitors

MDI Competitors Multiples
Major Drilling Group International Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Major Drilling Group International Inc
TSX:MDI
743.1m CAD 1 28.6 7 18.4
AU
BHP Group Ltd
ASX:BHP
195.9B AUD 2.4 11.3 5.1 6.4
AU
Rio Tinto Ltd
ASX:RIO
175.8B AUD 2.1 10 5.5 7.5
UK
Rio Tinto PLC
LSE:RIO
69.3B GBP 1.8 8.2 24.8 34.2
CH
Glencore PLC
LSE:GLEN
36.8B GBP 0.2 -30.8 222.4 564
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
874.7B MXN 2.8 12.6 5.5 6.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
154.3B SAR 4.6 44.8 16.5 29.4
UK
Anglo American PLC
LSE:AAL
29.5B GBP 1.5 -13.1 104.7 169.1
ZA
African Rainbow Minerals Ltd
JSE:ARI
35.1B Zac 0 0 0 0
CN
CMOC Group Ltd
SSE:603993
182.9B CNY 0.9 11.9 5.4 5.4
IN
Hindustan Zinc Ltd
NSE:HINDZINC
1.9T INR 5.5 18 10.5 13.3
P/E Multiple
Earnings Growth PEG
CA
Major Drilling Group International Inc
TSX:MDI
Average P/E: 18.2
28.6
39%
0.7
AU
BHP Group Ltd
ASX:BHP
11.3
-13%
N/A
AU
Rio Tinto Ltd
ASX:RIO
10
-1%
N/A
UK
Rio Tinto PLC
LSE:RIO
8.2
-1%
N/A
CH
Glencore PLC
LSE:GLEN
Negative Multiple: -30.8 N/A N/A
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
12.6
9%
1.4
SA
Saudi Arabian Mining Company SJSC
SAU:1211
44.8
33%
1.4
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -13.1 N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Not Available
-76%
N/A
CN
CMOC Group Ltd
SSE:603993
11.9
12%
1
IN
Hindustan Zinc Ltd
NSE:HINDZINC
18
N/A N/A