Major Drilling Group International Inc
TSX:MDI
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Waters Corp
NYSE:WAT
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US |
EV/OCF
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (6.2), the stock would be worth CA$6.65 (60% downside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 15.6 | CA$16.74 |
0%
|
| 3-Year Average | 6.2 | CA$6.65 |
-60%
|
| 5-Year Average | 7.1 | CA$7.56 |
-55%
|
| Industry Average | 10.2 | CA$10.95 |
-35%
|
| Country Average | 11.9 | CA$12.79 |
-24%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
Major Drilling Group International Inc
TSX:MDI
|
1.4B CAD | 15.6 | 96.9 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
284.5B AUD | 10.6 | 19.4 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
279.2B AUD | 11.9 | 19.7 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
120.6B GBP | 10.8 | 15.9 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.5T MXN | 15.1 | 18.1 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
66.1B GBP | 19.9 | 238.8 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 24.6 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
414.2B CNY | 19.5 | 20.4 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
44.5B GBP | 11.9 | -15.4 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
51.1B USD | 16.5 | 17.3 | |
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
44.4B ZAR | 6.2 | 34.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 7.9 |
| Median | 11.9 |
| 70th Percentile | 19.5 |
| Max | 22 577.3 |
Other Multiples
Major Drilling Group International Inc
Glance View
Major Drilling Group International, Inc. engages in the provision of water and mineral exploration drilling services. The company is headquartered in Moncton, New Brunswick and currently employs 3,825 full-time employees. The firm operates through three geographical segments: Canada - U.S.; South and Central America, and Asia and Africa. The firm is primarily engaged in the mining industry. The firm provides a range of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive/ longhole drilling, surface drill and blast, and a variety of mine services. The firm has two categories of customers: junior exploration companies and a diversified portfolio of senior/intermediate companies, for which the Company provides greenfield exploration drilling and/or drilling at operating mines. The firm also has an investment in a fleet of digitized mobile underground drills that allow less dependence on client resources as well as increased ability for automation and versatility.
