Major Drilling Group International Inc
TSX:MDI

Watchlist Manager
Major Drilling Group International Inc Logo
Major Drilling Group International Inc
TSX:MDI
Watchlist
Price: 15.62 CAD -4.46% Market Closed
Market Cap: CA$1.3B

P/S

1.5
Current
47%
More Expensive
vs 3-y average of 1

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.5
=
Market Cap
CA$1.4B
/
Revenue
CA$842.9m

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.5
=
Market Cap
CA$1.4B
/
Revenue
CA$842.9m

Valuation Scenarios

Major Drilling Group International Inc is trading above its 3-year average

If P/S returns to its 3-Year Average (1), the stock would be worth CA$10.61 (32% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-32%
Maximum Upside
+270%
Average Upside
76%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 1.5 CA$15.62
0%
3-Year Average 1 CA$10.61
-32%
5-Year Average 1.1 CA$11.66
-25%
Industry Average 5.6 CA$57.77
+270%
Country Average 2.9 CA$29.87
+91%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
CA$1.4B
/
Feb 2026
CA$842.9m
=
1.5
Current
CA$1.4B
/
Apr 2026
CA$882.5m
=
1.6
Forward
CA$1.4B
/
Apr 2027
CA$965m
=
1.4
Forward
CA$1.4B
/
Apr 2028
CA$1.1B
=
1.3
Forward
CA$1.4B
/
Apr 2029
CA$1.3B
=
1.1
Forward
CA$1.4B
/
Apr 2030
CA$1.3B
=
1.1
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close

Market Distribution

In line with most companies in Canada
Percentile
32st
Based on 2 477 companies
32st percentile
1.5
Low
0 — 1.4
Typical Range
1.4 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.4
Median 2.9
70th Percentile 4.9
Max 15 623 917.6

Major Drilling Group International Inc
Glance View

Market Cap
1.3B CAD
Industry
Metals & Mining

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.

MDI Intrinsic Value
10.52 CAD
Overvaluation 33%
Intrinsic Value
Price CA$15.62
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett