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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.
* 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.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Major Drilling Group International's annulizedROA % for the quarter that ended in Apr. 2026 is
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.
* 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
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Major Drilling Group International Asset Turnover Related Terms
Major Drilling Group International Asset Turnover 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 Asset Turnover Chart
Major Drilling Group International Asset Turnover Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Major Drilling Group International's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Major Drilling Group International's Asset Turnover 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.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Major Drilling Group International (STU:3MJ) has a Asset Turnover of 0.31 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Major Drilling Group International and its competitors.
Is Major Drilling Group International's Asset Turnover too high?
Major Drilling Group International's current Asset Turnover is 0.31. Overall, Major Drilling Group International has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's Asset Turnover compare to competitors?
Major Drilling Group International's Asset Turnover of 0.31 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 Asset Turnover for a Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Major Drilling Group International and its competitors. Major Drilling Group International's current Asset Turnover is 0.31. 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 (STU:3MJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.02, compared to a current price of €8.70 — trading 23.9% above its estimated fair value. The current Asset Turnover is 0.31. Major Drilling Group International's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Major Drilling Group International (STU:3MJ), the current Asset Turnover is 0.31 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 (STU:3MJ) Overvalued in 2026?
Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued.
The current stock price of €8.70 is trading 23.9% above its estimated GF Value™ of €7.02.
GuruFocus considers Major Drilling Group International to be Modestly Overvalued.
Key valuation signals for STU:3MJ:
Asset Turnover: 0.31
GF Value™: €7.02 vs. price of €8.70 (23.9% above fair value)
No single metric tells the full story. See the STU:3MJ 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.
84GF Score
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