MJDLF (Major Drilling Group International) EBIT: $23.1 Mil (TTM As of Apr. 2026)


MJDLF Major Drilling Group International Inc MJDLF
82 GF Score
Price $10.16
GF Value $8.01
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Major Drilling Group International EBIT?

Major Drilling Group International MJDLF -3.79% 82 EBIT is $23.1 Mil as of Apr. 2026. GuruFocus rates MJDLF with a GF Score™ of 82/100 and a GF Value™ of $8.01 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Major Drilling Group International's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was $7.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was $23.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Major Drilling Group International's annualized ROC % for the quarter that ended in Apr. 2026 was 6.09%. Major Drilling Group International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 9.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Major Drilling Group International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 2.80%.

Major Drilling Group International  (OTCPK:MJDLF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Major Drilling Group International's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=29.872 * ( 1 - 19.63% )/( (383.215 + 405.786)/ 2 )
=24.0081264/394.5005
=6.09 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=533.45 - 85.862 - ( 64.373 - max(0, 92.958 - 251.878+64.373))
=383.215

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=556.926 - 105.603 - ( 45.537 - max(0, 111.548 - 270.723+45.537))
=405.786

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Major Drilling Group International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=29.872/( ( (202.538 + max(90.772, 0)) + (210.09 + max(108.258, 0)) )/ 2 )
=29.872/( ( 293.31 + 318.348 )/ 2 )
=29.872/305.829
=9.77 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(96.042 + 80.084 + 6.16) - (85.862 + 0 + 5.652)
=90.772

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(130.496 + 80.878 + 7.2570000000001) - (105.603 + 0 + 4.77)
=108.258

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Major Drilling Group International's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=23.146/826.016
=2.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Major Drilling Group International EBIT Related Terms

Major Drilling Group International EBIT Historical Data

* Premium members only.

The historical data trend for Major Drilling Group International's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Major Drilling Group International EBIT Chart

Major Drilling Group International Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.52 73.11 53.75 27.91 24.51

Major Drilling Group International Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.95 10.66 14.49 -9.47 7.47

Major Drilling Group International EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Major Drilling Group International EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Major Drilling Group International's EV-to-EBIT falls into.


MJDLF
82GF Score
Major Drilling Group International Inc MJDLF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Drilling Group International EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $23.1 Mil mean?
Major Drilling Group International (MJDLF) has a EBIT of $23.1 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Major Drilling Group International.
Is Major Drilling Group International's EBIT too high?
Major Drilling Group International's current EBIT is $23.1 Mil. Overall, Major Drilling Group International has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's EBIT compare to competitors?
Major Drilling Group International's EBIT of $23.1 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Major Drilling Group International. Major Drilling Group International's current EBIT is $23.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Drilling Group International stock overvalued right now?
Based on GuruFocus' analysis, Major Drilling Group International (MJDLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.01, compared to a current price of $10.16 — trading 26.8% above its estimated fair value. The current EBIT is $23.1 Mil. Major Drilling Group International's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Major Drilling Group International (MJDLF), the current EBIT is $23.1 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Major Drilling Group International (MJDLF) Overvalued in 2026?

Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued. The current stock price of $10.16 is trading 26.8% above its estimated GF Value™ of $8.01. GuruFocus considers Major Drilling Group International to be Modestly Overvalued.

Key valuation signals for MJDLF:

  • EBIT: $23.1 Mil
  • GF Value™: $8.01 vs. price of $10.16 (26.8% above fair value)
  • GF Score™: 82/100 with 5 warning signs

No single metric tells the full story. See the MJDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Major Drilling Group International Business Description

Other Exchanges 3MJ:GermanyMDI:Canada
Address 111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7
Major Drilling Group International Inc consists of contract drilling for companies mainly involved in mining and mineral exploration. The Company has operations in North America, South America, Australia, Asia, and Africa. Its services are Surface Drilling Services, and Underground Drilling Services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from South and Central America.
82GF Score

Get the complete analysis for MJDLF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.16
Price
$8.01
GF Value