Major Drilling Group International (TSX:MDI) FCF Yield % : 4.03 (As of Apr. 27, 2024)

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What is Major Drilling Group International FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Major Drilling Group International's Trailing 12-Month Free Cash Flow is C$32.7 Mil, and Market Cap is C$811.3 Mil. Therefore, Major Drilling Group International's FCF Yield % for today is 4.03%.

The historical rank and industry rank for Major Drilling Group International's FCF Yield % or its related term are showing as below:

TSX:MDI' s FCF Yield % Range Over the Past 10 Years
Min: -4.17 Med: 0.96 Max: 12.56
Current: 4.03

During the past 13 years, the highest FCF Yield % of Major Drilling Group International was 12.56%. The lowest was -4.17%. And the median was 0.96%.

TSX:MDI's FCF Yield % is ranked better than
90.43% of 2706 companies
in the Metals & Mining industry
Industry Median: -13.38 vs TSX:MDI: 4.03

Major Drilling Group International's FCF Margin % for the quarter that ended in Oct. 2023 was 13.50%.

Major Drilling Group International FCF Yield % Historical Data

The historical data trend for Major Drilling Group International's FCF Yield % 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.

* Premium members only.

Major Drilling Group International FCF Yield % Chart

Major Drilling Group International Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

FCF Yield %

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-1.37

3.52

0.56

4.68

6.28

Major Drilling Group International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
FCF Yield %	Get a 7-Day Free Trial															10.62	-7.41	1.74	18.55	10.27

Competitive Comparison of Major Drilling Group International's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International's FCF Yield %, along with its competitors' market caps and FCF Yield % 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's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Major Drilling Group International's FCF Yield % falls into.

Major Drilling Group International FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Major Drilling Group International's FCF Yield % for the fiscal year that ended in Apr. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	54.496	/	867.643645
	=	6.28%

Major Drilling Group International's annualized FCF Yield % for the quarter that ended in Oct. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	27.948	*	4	/	602.56629
	=	18.55%

Major Drilling Group International FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Major Drilling Group International FCF Yield % Related Terms

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Major Drilling Group International (TSX:MDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Major Drilling Group International Inc (TSX:MDI) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

MJDLF:USA 3MJ:Germany

Address

111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7

Website

https://www.majordrilling.com

Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which most of its revenue comes from Canada - the United States.

Major Drilling Group International (TSX:MDI) Headlines

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