Major Drilling Group Stock Fundamentals
| MJDLF Stock | USD 5.71 0.05 0.88% |
Major Drilling Group fundamentals help investors to digest information that contributes to Major Drilling's financial success or failures. It also enables traders to predict the movement of Major Pink Sheet. The fundamental analysis module provides a way to measure Major Drilling's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Major Drilling pink sheet.
Major |
Major Drilling Group Company Return On Asset Analysis
Major Drilling's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Major Drilling Return On Asset | 0.11 |
Most of Major Drilling's fundamental indicators, such as Return On Asset, 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.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Major Drilling Group has a Return On Asset of 0.1144. This is 84.54% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The return on asset for all United States stocks is 181.71% lower than that of the firm.
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 considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock 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.Major Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Major Drilling's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Major Drilling could also be used in its relative valuation, which is a method of valuing Major Drilling by comparing valuation metrics of similar companies.Major Drilling is currently under evaluation in return on asset category among its peers.
Major Fundamentals
| Return On Equity | 0.21 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.10 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 600.92 M | |||
| Shares Outstanding | 82.87 M | |||
| Shares Owned By Insiders | 0.78 % | |||
| Shares Owned By Institutions | 79.74 % | |||
| Price To Earning | 9.56 X | |||
| Price To Book | 2.11 X | |||
| Price To Sales | 0.84 X | |||
| Revenue | 650.41 M | |||
| Gross Profit | 139.77 M | |||
| EBITDA | 114.09 M | |||
| Net Income | 53.46 M | |||
| Cash And Equivalents | 61.12 M | |||
| Cash Per Share | 0.74 X | |||
| Total Debt | 50 M | |||
| Debt To Equity | 0.09 % | |||
| Current Ratio | 2.84 X | |||
| Book Value Per Share | 5.06 X | |||
| Cash Flow From Operations | 94.87 M | |||
| Earnings Per Share | 0.68 X | |||
| Number Of Employees | 23 | |||
| Beta | 1.48 | |||
| Market Capitalization | 663.76 M | |||
| Total Asset | 557.08 M | |||
| Z Score | 8.8 | |||
| Five Year Return | 1.75 % | |||
| Net Asset | 557.08 M |
About Major Drilling Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Major Drilling Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Major Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Major Drilling Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies. The company was founded in 1980 and is based in Moncton, Canada with additional offices in Mexico, South America, Asia, Africa, USA, and Australia. Major Drilling operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Major Pink Sheet
Major Drilling financial ratios help investors to determine whether Major Pink Sheet 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.