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TSX:MDI'
s EV-to-FCF Range Over the Past 10 Years
Min: -794.14 Med: 16.77 Max: 273
Current: 55
During the past 13 years, the highest EV-to-FCF of Major Drilling Group International was 273.00. The lowest was -794.14. And the median was 16.77.
TSX:MDI's EV-to-FCF is ranked worse than 79.5% of 444
companies
in the Metals & Mining industry
Industry Median: 18.465
vs TSX:MDI: 55.00
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Major Drilling Group International (TSX:MDI) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Major Drilling Group International's PE Ratio (TTM) for today is calculated as:
Major Drilling Group International's share price for today is C$14.25.
Major Drilling Group International's Earnings per Share (Diluted) 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 C$0.260.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Major Drilling Group International EV-to-FCF Related Terms
Major Drilling Group International EV-to-FCF Historical Data
* 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-FCF Chart
Major Drilling Group International EV-to-FCF Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Major Drilling Group International's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Major Drilling Group International's EV-to-FCF falls into.
Major Drilling Group International's current Enterprise Value is C$1,144.4 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 C$20.8 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 (TSX:MDI) has a EV-to-FCF of 55.00 as of Jul. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Major Drilling Group International and its competitors. This is 228% above median its historical median of 16.77. According to the industry distribution chart, Major Drilling Group International ranks #353 out of 444 companies in the Metals & Mining industry, placing it in the top 79.5%.
Is Major Drilling Group International's EV-to-FCF too high?
Major Drilling Group International's current EV-to-FCF of 55.00 is 228% above median its 10-year median of 16.77. The Metals & Mining industry median EV-to-FCF is 18.47. Major Drilling Group International's value of 55.00 is 197.9% above this industry median. Based on the distribution chart, Major Drilling Group International ranks #353 out of 444 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 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's EV-to-FCF compare to competitors?
According to the Metals & Mining industry distribution chart, Major Drilling Group International ranks #353 out of 444 companies for EV-to-FCF. This places Major Drilling Group International in the lower half of its industry. The industry median EV-to-FCF is 18.47. Major Drilling Group International's value of 55.00 is 197.9% above this benchmark. While the company's 10-year median is 16.77 vs. the industry median of 18.47, 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-FCF for a Metals & Mining company?
The median EV-to-FCF among Metals & Mining companies is 18.47, based on 444 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF of 55.00 is 197.9% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Major Drilling Group International and its competitors. For the Metals & Mining industry, the median EV-to-FCF is 18.47 — 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-FCF is 55.00, which is 228% above median its own 10-year median of 16.77. 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 (TSX:MDI) is currently considered Modestly Overvalued. The stock's GF Value™ is C$11.50, compared to a current price of C$14.25 — trading 23.9% above its estimated fair value. The current EV-to-FCF is 55.00, which is 228% above median its 10-year median of 16.77 and 197.9% above the Metals & Mining industry median of 18.47. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Major Drilling Group International (TSX:MDI), the current EV-to-FCF is 55.00 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 (TSX:MDI) Overvalued in 2026?
Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued.
The current stock price of C$14.25 is trading 23.9% above its estimated GF Value™ of C$11.50.
GuruFocus considers Major Drilling Group International to be Modestly Overvalued.
Key valuation signals for TSX:MDI:
EV-to-FCF: 55.00 (228% above median its 10-year median of 16.77)
GF Value™: C$11.50 vs. price of C$14.25 (23.9% above fair value)
Industry Position: 197.9% above the Metals & Mining median (#353 of 444)
No single metric tells the full story. See the TSX:MDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Major Drilling Group International Business Description
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
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