Major Drilling Group International (FRA:3MJ) Enterprise Value: €707.8 Mil (As of Jul. 17, 2026) ***

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FRA:3MJ Major Drilling Group International Inc FRA:3MJ
89 GF Score
Price €8.75
GF Value €7.06
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Major Drilling Group International Enterprise Value?

Major Drilling Group International FRA:3MJ -3.31% 89 Enterprise Value is €707.8 Mil as of Jul. 17, 2026. GuruFocus rates FRA:3MJ with a GF Score™ of 89/100 and a GF Value™ of €7.06 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Major Drilling Group International's Enterprise Value is €707.8 Mil. Major Drilling Group International's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was €19.9 Mil. Therefore, Major Drilling Group International's EV-to-EBIT ratio for today is 35.56.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Major Drilling Group International's Enterprise Value is €707.8 Mil. Major Drilling Group International's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was €63.0 Mil. Therefore, Major Drilling Group International's EV-to-EBITDA ratio for today is 11.24.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Major Drilling Group International's Enterprise Value is €707.8 Mil. Major Drilling Group International's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was €551.1 Mil. Therefore, Major Drilling Group International's EV-to-Revenue ratio for today is 1.28.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Major Drilling Group International's Enterprise Value is €707.8 Mil. Major Drilling Group International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was €50.6 Mil. Therefore, Major Drilling Group International's EV-to-OCF ratio for today is 13.99.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Major Drilling Group International's Enterprise Value is €707.8 Mil. Major Drilling Group International's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was €12.7 Mil. Therefore, Major Drilling Group International's EV-to-FCF ratio for today is 55.69.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Major Drilling Group International  (FRA:3MJ) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=707.823/19.907
=35.56

Major Drilling Group International's current Enterprise Value is €707.8 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 €19.9 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Major Drilling Group International's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=707.823/62.969
=11.24

Major Drilling Group International's current Enterprise Value is €707.8 Mil.
Major Drilling Group International's EBITDA 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 €63.0 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Major Drilling Group International's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=707.823/551.145
=1.28

Major Drilling Group International's current Enterprise Value is €707.8 Mil.
Major Drilling Group International's Revenue 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 €551.1 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Major Drilling Group International's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=707.823/50.59
=13.99

Major Drilling Group International's current Enterprise Value is €707.8 Mil.
Major Drilling Group International's Cash Flow from Operations 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 €50.6 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Major Drilling Group International's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=707.823/12.711
=55.69

Major Drilling Group International's current Enterprise Value is €707.8 Mil.
Major Drilling Group International's Free Cash Flow 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 €12.7 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 Enterprise Value Related Terms


Major Drilling Group International Enterprise Value Historical Data

* Premium members only.

The historical data trend for Major Drilling Group International's Enterprise Value 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 Enterprise Value Chart

Major Drilling Group International Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 687.23 513.85 481.56 440.42 760.04

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
Enterprise Value 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 440.42 439.81 610.59 747.43 760.04

Major Drilling Group International Enterprise Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Metals & Mining Industry

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

* The bar in red indicates where Major Drilling Group International's Enterprise Value falls into.


FRA:3MJ
89GF Score
Major Drilling Group International Inc FRA:3MJ
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Drilling Group International Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Major Drilling Group International's Enterprise Value for the fiscal year that ended in Apr. 2026 is calculated as

Major Drilling Group International's Enterprise Value for the quarter that ended in Apr. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of €707.8 Mil mean?
Major Drilling Group International (FRA:3MJ) has a Enterprise Value of €707.8 Mil as of Jul. 17, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Major Drilling Group International and its competitors.
Is Major Drilling Group International's Enterprise Value too high?
Major Drilling Group International's current Enterprise Value is €707.8 Mil. Overall, Major Drilling Group International has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's Enterprise Value compare to competitors?
Major Drilling Group International's Enterprise Value of €707.8 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 Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Major Drilling Group International and its competitors. Major Drilling Group International's current Enterprise Value is €707.8 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 (FRA:3MJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.06, compared to a current price of €8.75 — trading 23.9% above its estimated fair value. The current Enterprise Value is €707.8 Mil. Major Drilling Group International's overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Major Drilling Group International (FRA:3MJ), the current Enterprise Value is €707.8 Mil as of Jul. 17, 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 (FRA:3MJ) Overvalued in 2026?

Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued. The current stock price of €8.75 is trading 23.9% above its estimated GF Value™ of €7.06. GuruFocus considers Major Drilling Group International to be Modestly Overvalued.

Key valuation signals for FRA:3MJ:

  • Enterprise Value: €707.8 Mil
  • GF Value™: €7.06 vs. price of €8.75 (23.9% above fair value)
  • GF Score™: 89/100 with 4 warning signs

No single metric tells the full story. See the FRA:3MJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Major Drilling Group International Business Description

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.
89GF Score

Get the complete analysis for FRA:3MJ

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

€8.75
Price
€7.06
GF Value