MJDLF'
s ROE % Range Over the Past 10 Years
Min: -21.5 Med: 3.73 Max: 18.45
Current: 3.94
During the past 13 years, Major Drilling Group International's highest ROE % was 18.45%. The lowest was -21.50%. And the median was 3.73%.
MJDLF's ROE % is ranked better than 76.64% of 2389
companies
in the Metals & Mining industry
Industry Median: -16.11
vs MJDLF: 3.94
Major Drilling Group International (OTCPK:MJDLF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Major Drilling Group International ROE % Related Terms
Major Drilling Group International ROE % 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 ROE % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Major Drilling Group International's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's ROE % distribution charts can be found below:
* The bar in red indicates where Major Drilling Group International's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Apr. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Major Drilling Group International (MJDLF) has a ROE % of 5.97% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Major Drilling Group International and its competitors. This is 60% above median its historical median of 3.73. According to the industry distribution chart, Major Drilling Group International ranks #558 out of 2389 companies in the Metals & Mining industry, placing it in the top 23.4%.
Is Major Drilling Group International's ROE % too high?
Major Drilling Group International's current ROE % of 5.97% is 60% above median its 10-year median of 3.73. Based on the distribution chart, Major Drilling Group International ranks #558 out of 2389 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Major Drilling Group International has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's ROE % compare to competitors?
According to the Metals & Mining industry distribution chart, Major Drilling Group International ranks #558 out of 2389 companies for ROE %. This places Major Drilling Group International in the top 23% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Major Drilling Group International and its competitors. Major Drilling Group International's current ROE % is 5.97%, which is 60% above median its own 10-year median of 3.73. 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 $8.01, compared to a current price of $10.16 — trading 26.8% above its estimated fair value. The current ROE % is 5.97%, which is 60% above median its 10-year median of 3.73. Major Drilling Group International's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Major Drilling Group International (MJDLF), the current ROE % is 5.97% as of Apr. 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 $10.16 is trading 26.8% above its estimated GF Value™ of $8.01.
GuruFocus considers Major Drilling Group International to be Modestly Overvalued.
Key valuation signals for MJDLF:
ROE %: 5.97% (60% above median its 10-year median of 3.73)
GF Value™: $8.01 vs. price of $10.16 (26.8% above fair value)
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
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.
82GF Score
Get the complete analysis for MJDLF
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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