Master Drilling GroupJSE:MDI 84 Quick Ratio is 1.21 as of Dec. 2025, which is 17% below its 10-year median of 1.46. GuruFocus rates JSE:MDI with a GF Score™ of 84/100 and a GF Value™ of R14.20 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,783 Construction companies, Master Drilling Group ranks worse than 54.8% on this metric.
Master Drilling Group has a quick ratio of 1.21. It generally indicates good short-term financial strength.
The historical rank and industry rank for Master Drilling Group's Quick Ratio or its related term are showing as below:
JSE:MDI'
s Quick Ratio Range Over the Past 10 Years
Min: 0.87 Med: 1.46 Max: 2.8
Current: 1.21
During the past 13 years, Master Drilling Group's highest Quick Ratio was 2.80. The lowest was 0.87. And the median was 1.46.
JSE:MDI's Quick Ratio is ranked worse than 54.8% of 1783
companies
in the Construction industry
Industry Median: 1.29
vs JSE:MDI: 1.21
Master Drilling Group (JSE:MDI) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Master Drilling Group Quick Ratio Related Terms
Master Drilling Group Quick Ratio Historical Data
* Premium members only.
The historical data trend for Master Drilling Group's Quick Ratio 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.
For the Engineering & Construction subindustry, Master Drilling Group's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
Master Drilling Group Quick Ratio vs Construction Industry
For the Construction industry and Industrials sector, Master Drilling Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Master Drilling Group's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Master Drilling Group's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
Master Drilling Group (JSE:MDI) has a Quick Ratio of 1.21 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Master Drilling Group and its competitors. This is 17% below median its historical median of 1.46. Over the past decade, Master Drilling Group's Quick Ratio has ranged from 0.87 to 2.80. According to the industry distribution chart, Master Drilling Group ranks #977 out of 1783 companies in the Construction industry, placing it in the top 54.8%.
Is Master Drilling Group's Quick Ratio too high?
Master Drilling Group's current Quick Ratio of 1.21 is 17% below median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.80. The Construction industry median Quick Ratio is 1.29. Master Drilling Group's value of 1.21 is 6.2% below this industry median. Based on the distribution chart, Master Drilling Group ranks #977 out of 1783 companies in the Construction industry, which is below the industry midpoint. Overall, Master Drilling Group has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Master Drilling Group's Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Master Drilling Group ranks #977 out of 1783 companies for Quick Ratio. This places Master Drilling Group in the lower half of its industry. The industry median Quick Ratio is 1.29. Master Drilling Group's value of 1.21 is 6.2% below this benchmark. Historically, Master Drilling Group's own Quick Ratio has ranged from 0.87 to 2.80 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.29, Master Drilling Group has consistently been below 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 Quick Ratio for a Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,783 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Master Drilling Group's current Quick Ratio of 1.21 is 6.2% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Master Drilling Group and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Master Drilling Group's current Quick Ratio is 1.21, which is 17% below median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master Drilling Group stock overvalued right now?
Based on GuruFocus' analysis, Master Drilling Group (JSE:MDI) is currently considered Modestly Overvalued. The stock's GF Value™ is R14.20, compared to a current price of R16.00 — trading 12.7% above its estimated fair value. The current Quick Ratio is 1.21, which is 17% below median its 10-year median of 1.46 and 6.2% below the Construction industry median of 1.29. Master Drilling Group's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Master Drilling Group (JSE:MDI), the current Quick Ratio is 1.21 as of Dec. 2025. 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 Master Drilling Group (JSE:MDI) Overvalued in 2026?
Based on GuruFocus' analysis, Master Drilling Group stock appears to be overvalued.
The current stock price of R16.00 is trading 12.7% above its estimated GF Value™ of R14.20.
GuruFocus considers Master Drilling Group to be Modestly Overvalued.
Key valuation signals for JSE:MDI:
Quick Ratio: 1.21 (17% below median its 10-year median of 1.46)
GF Value™: R14.20 vs. price of R16.00 (12.7% above fair value)
Industry Position: 6.2% below the Construction median (#977 of 1783)
No single metric tells the full story. See the JSE:MDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Master Drilling Group Ltd is an investment holding company. The company along with its subsidiary companies is engaged in providing specialized drilling services and solutions that enforce business rules, optimize output, safeguard miners, protect/manage assets and locate missing persons for blue-chip and mid-tier companies in the mining, civil engineering, construction and hydroelectric power sectors across a number of commodities and geographies. Its activities include the Sale of industrial products, Raise boring, Support services, Slim drilling, and New rock boring technology.
84GF Score
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