Major Drilling Group International (MJDLF) & Its Rivals Financial Review

Major Drilling Group International (OTCMKTS:MJDLFGet Free Report) is one of 1,989 public companies in the “Metals & Mining” industry, but how does it contrast to its competitors? We will compare Major Drilling Group International to similar businesses based on the strength of its dividends, institutional ownership, risk, valuation, earnings, profitability and analyst recommendations.

Dividends

Major Drilling Group International pays an annual dividend of $0.20 per share and has a dividend yield of 1.6%. Major Drilling Group International pays out -28.8% of its earnings in the form of a dividend. As a group, “Metals & Mining” companies pay a dividend yield of 8.4% and pay out 10.6% of their earnings in the form of a dividend.

Profitability

This table compares Major Drilling Group International and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Major Drilling Group International N/A N/A N/A
Major Drilling Group International Competitors -1,155,490,457,955,101,400.00% -14.50% -2.08%

Valuation & Earnings

This table compares Major Drilling Group International and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Major Drilling Group International N/A N/A -18.37
Major Drilling Group International Competitors $5.03 billion $268.32 million -21.18

Major Drilling Group International’s competitors have higher revenue and earnings than Major Drilling Group International. Major Drilling Group International is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Major Drilling Group International and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Major Drilling Group International 0 0 2 0 3.00
Major Drilling Group International Competitors 6313 22409 32012 1754 2.47

As a group, “Metals & Mining” companies have a potential upside of 15.02%. Given Major Drilling Group International’s competitors higher probable upside, analysts clearly believe Major Drilling Group International has less favorable growth aspects than its competitors.

Institutional & Insider Ownership

61.9% of Major Drilling Group International shares are held by institutional investors. Comparatively, 15.9% of shares of all “Metals & Mining” companies are held by institutional investors. 17.6% of shares of all “Metals & Mining” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Major Drilling Group International beats its competitors on 8 of the 13 factors compared.

About Major Drilling Group International

(Get Free Report)

Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies. The company offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, surface drill and blast, and related mining services. The company was founded in 1980 and is headquartered in Moncton, Canada with additional offices in the United States, Mexico, South America, Asia, Africa, and Australia.

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