Major Financial Statements From 2010 to 2024
| 3MJ Stock | EUR 5.70 0.15 2.56% |
Check Major Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Major Drilling's main balance sheet or income statement drivers, such as , as well as many indicators such as . Major financial statements analysis is a perfect complement when working with Major Drilling Valuation or Volatility modules.
Major |
Major Drilling Group Company Current Valuation Analysis
Major Drilling's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Major Drilling Current Valuation | 530.18 M |
Most of Major Drilling's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Major Drilling Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Major Drilling Group has a Current Valuation of 530.18 M. This is 95.35% lower than that of the Basic Materials sector and 97.28% lower than that of the Industrial Metals & Minerals industry. The current valuation for all Germany stocks is 96.81% higher than that of the company.
Major Drilling Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Major Drilling's current stock value. Our valuation model uses many indicators to compare Major Drilling value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Major Drilling competition to find correlations between indicators driving Major Drilling's intrinsic value. More Info.Major Drilling Group is rated below average in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.56 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Major Drilling Group is roughly 1.79 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Major Drilling's earnings, one of the primary drivers of an investment's value.About Major Drilling Financial Statements
Major Drilling stakeholders use historical fundamental indicators, such as Major Drilling's revenue or net income, to determine how well the company is positioned to perform in the future. Although Major Drilling investors may analyze each financial statement separately, they are all interrelated. For example, changes in Major Drilling's assets and liabilities are reflected in the revenues and expenses on Major Drilling's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Major Drilling Group. Please read more on our technical analysis and fundamental analysis pages.
Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies in Canada, the United States, Mexico, South America, Asia, Africa, and Europe. Major Drilling Group International Inc. was founded in 1980 and is headquartered in Moncton, Canada. MAJOR DRILLING operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2986 people.
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Other Information on Investing in Major Stock
Major Drilling financial ratios help investors to determine whether Major Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Major with respect to the benefits of owning Major Drilling security.