MJDLF (Major Drilling Group International) EV-to-EBIT: 34.77 (As of Jul. 28, 2026) — 392% Above Median

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MJDLF Major Drilling Group International Inc MJDLF
84 GF Score
Price $9.94
GF Value $8.12
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Major Drilling Group International EV-to-EBIT?

Major Drilling Group International MJDLF -0.48% 84 EV-to-EBIT is 34.77 as of Jul. 28, 2026, which is 392% above its 10-year median of 7.06. GuruFocus rates MJDLF with a GF Score™ of 84/100 and a GF Value™ of $8.12 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 664 Metals & Mining companies, Major Drilling Group International ranks worse than 84.04% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Major Drilling Group International's Enterprise Value is $804.8 Mil. Major Drilling Group International's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $23.1 Mil. Therefore, Major Drilling Group International's EV-to-EBIT for today is 34.77.

The historical rank and industry rank for Major Drilling Group International's EV-to-EBIT or its related term are showing as below:

MJDLF' s EV-to-EBIT Range Over the Past 10 Years
Min: -1822.1   Med: 7.06   Max: 96.9
Current: 34.77

During the past 13 years, the highest EV-to-EBIT of Major Drilling Group International was 96.90. The lowest was -1822.10. And the median was 7.06.

MJDLF's EV-to-EBIT is ranked worse than
84.04% of 664 companies
in the Metals & Mining industry
Industry Median: 11.895 vs MJDLF: 34.77

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Major Drilling Group International's Enterprise Value for the quarter that ended in Apr. 2026 was $931.5 Mil. Major Drilling Group International's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $23.1 Mil. Major Drilling Group International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 2.48%.


Major Drilling Group International  (OTCPK:MJDLF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2026 ) =EBIT / Enterprise Value (Q: Apr. 2026 )
=23.146/931.48652
=2.48 %

Major Drilling Group International's Enterprise Value for the quarter that ended in Apr. 2026 was $931.5 Mil.
Major Drilling Group International's 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.


Major Drilling Group International EV-to-EBIT Related Terms


Major Drilling Group International EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Major Drilling Group International's EV-to-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 EV-to-EBIT Chart

Major Drilling Group International Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.47 8.10 9.39 18.06 37.42

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
EV-to-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 18.06 21.43 32.91 47.83 37.42

Major Drilling Group International EV-to-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
84GF Score
Major Drilling Group International Inc MJDLF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Drilling Group International EV-to-EBIT Calculation

Major Drilling Group International's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=804.831/23.146
=34.77

Major Drilling Group International's current Enterprise Value is $804.8 Mil.
Major Drilling Group International's 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 EV-to-EBIT →
What does a EV-to-EBIT of 34.77 mean?
Major Drilling Group International (MJDLF) has a EV-to-EBIT of 34.77 as of Jul. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Major Drilling Group International and its competitors. This is 392% above median its historical median of 7.06. According to the industry distribution chart, Major Drilling Group International ranks #558 out of 664 companies in the Metals & Mining industry, placing it in the top 84%.
Is Major Drilling Group International's EV-to-EBIT too high?
Major Drilling Group International's current EV-to-EBIT of 34.77 is 392% above median its 10-year median of 7.06. The Metals & Mining industry median EV-to-EBIT is 11.90. Major Drilling Group International's value of 34.77 is 192.3% above this industry median. Based on the distribution chart, Major Drilling Group International ranks #558 out of 664 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Major Drilling Group International has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Major Drilling Group International ranks #558 out of 664 companies for EV-to-EBIT. This places Major Drilling Group International in the lower half of its industry. The industry median EV-to-EBIT is 11.90. Major Drilling Group International's value of 34.77 is 192.3% above this benchmark. While the company's 10-year median is 7.06 vs. the industry median of 11.90, Major Drilling Group International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Metals & Mining company?
The median EV-to-EBIT among Metals & Mining companies is 11.90, based on 664 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Major Drilling Group International's current EV-to-EBIT of 34.77 is 192.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Major Drilling Group International and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Drilling Group International's current EV-to-EBIT is 34.77, which is 392% above median its own 10-year median of 7.06. 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 $8.12, compared to a current price of $9.94 — trading 22.4% above its estimated fair value. The current EV-to-EBIT is 34.77, which is 392% above median its 10-year median of 7.06 and 192.3% above the Metals & Mining industry median of 11.90. Major Drilling Group International's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Major Drilling Group International (MJDLF), the current EV-to-EBIT is 34.77 as of Jul. 28, 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 $9.94 is trading 22.4% above its estimated GF Value™ of $8.12. GuruFocus considers Major Drilling Group International to be Modestly Overvalued.

Key valuation signals for MJDLF:

  • EV-to-EBIT: 34.77 (392% above median its 10-year median of 7.06)
  • GF Value™: $8.12 vs. price of $9.94 (22.4% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 192.3% above the Metals & Mining median (#558 of 664)

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.
84GF Score

Get the complete analysis for MJDLF

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

$9.94
Price
$8.12
GF Value