Master Drilling Group (JSE:MDI) ROCE %: 15.79% (As of Dec. 2025)


JSE:MDI Master Drilling Group Ltd JSE:MDI
84 GF Score
Price R16.00
GF Value R14.20
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Master Drilling Group ROCE %?

Master Drilling Group JSE:MDI 84 ROCE % is 15.79% as of Dec. 2025. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Master Drilling Group's annualized ROCE % for the quarter that ended in Dec. 2025 was 15.79%.

Master Drilling Group  (JSE:MDI) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Master Drilling Group ROCE % Related Terms

Master Drilling Group ROCE % Historical Data

* Premium members only.

The historical data trend for Master Drilling Group's ROCE % 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.

Master Drilling Group ROCE % Chart

Master Drilling Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.05 16.10 13.78 12.10 17.47

Master Drilling Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % 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 10.40 6.32 17.73 21.72 15.79
JSE:MDI
84GF Score
Master Drilling Group Ltd JSE:MDI
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Master Drilling Group ROCE % Calculation

Master Drilling Group's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=850.523/( ( (6795.298 - 2437.65) + (7311.973 - 1931.165) )/ 2 )
=850.523/( (4357.648+5380.808)/ 2 )
=850.523/4869.228
=17.47 %

Master Drilling Group's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=785.414/( ( (7122.521 - 2555.056) + (7311.973 - 1931.165) )/ 2 )
=785.414/( ( 4567.465 + 5380.808 )/ 2 )
=785.414/4974.1365
=15.79 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 15.79% mean?
Master Drilling Group (JSE:MDI) has a ROCE % of 15.79% as of Dec. 2025.
Is Master Drilling Group's ROCE % too high?
Master Drilling Group's current ROCE % is 15.79%. The Construction industry median ROCE % is 8.23. Master Drilling Group's value of 15.79% is 92% above this industry median. 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 ROCE % compare to PWR and FIX?
Master Drilling Group's ROCE % of 15.79% can be compared against companies in the Construction industry. The industry median ROCE % is 8.23. Master Drilling Group's value of 15.79% is 92% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Construction company?
The median ROCE % among Construction companies is 8.23, based on 1,752 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Master Drilling Group's current ROCE % of 15.79% is 92% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median ROCE % is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Master Drilling Group's current ROCE % is 15.79%. 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 ROCE % is 15.79% and 92% above the Construction industry median of 8.23. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Master Drilling Group (JSE:MDI), the current ROCE % is 15.79% 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:

  • ROCE %: 15.79%
  • GF Value™: R14.20 vs. price of R16.00 (12.7% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 92% above the Construction median

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 Business Description

Other Exchanges I49:Germany
Address 4 Bosman Street, PO Box 902, Fochville, GT, ZAF, 2515
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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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R16.00
Price
R14.20
GF Value