Major Drilling Group International (TO:MDI) — Market Cap & Net Worth
Market Cap & Net Worth: Major Drilling Group International (MDI)
Major Drilling Group International (TO:MDI) has a market capitalization of $828.08 Million (CA$1.14 Billion) as of August 1, 2026. Listed on the TO stock exchange, this Canada-based company holds position #9573 globally and #285 in its home market, demonstrating a -3.20% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Major Drilling Group International's stock price CA$13.92 by its total outstanding shares 82236000 (82.24 Million). See reinvestment intensity of Major Drilling Group International to understand how much of operating cash flow is reinvested back into capital assets.
Major Drilling Group International Market Cap History: 2015 to 2026
Major Drilling Group International's market capitalization history from 2015 to 2026. Data shows growth from $260.56 Million to $828.08 Million (10.72% CAGR).
Major Drilling Group International Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Major Drilling Group International's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.93x
Major Drilling Group International's market cap is 0.93 times its annual revenue
Latest Price to Earnings (P/E) Ratio
38.73x
Major Drilling Group International's market cap is 38.73 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $419.99 Million | $300.59 Million | -$42.06 Million | 1.40x | N/A |
| 2018 | $273.65 Million | $342.33 Million | -$22.45 Million | 0.80x | N/A |
| 2019 | $337.30 Million | $384.82 Million | -$18.08 Million | 0.88x | N/A |
| 2020 | $457.46 Million | $409.14 Million | -$70.96 Million | 1.12x | N/A |
| 2021 | $491.37 Million | $432.08 Million | $10.03 Million | 1.14x | 48.97x |
| 2022 | $625.82 Million | $650.41 Million | $53.46 Million | 0.96x | 11.71x |
| 2023 | $547.89 Million | $735.74 Million | $74.92 Million | 0.74x | 7.31x |
| 2024 | $488.40 Million | $706.69 Million | $53.09 Million | 0.69x | 9.20x |
| 2025 | $767.40 Million | $727.58 Million | $25.95 Million | 1.05x | 29.57x |
| 2026 | $828.08 Million | $889.08 Million | $21.38 Million | 0.93x | 38.73x |
Competitor Companies of MDI by Market Capitalization
Companies near Major Drilling Group International in the global market cap rankings as of August 1, 2026.
Key companies related to Major Drilling Group International by market ranking:
- BHP Group Ltd (AU:BHP): Ranked #85 globally with a market cap of $216.81 Billion USD ( AU$306.42 Billion AUD).
- BHP Group (MX:BHPN): Ranked #95 globally with a market cap of $208.33 Billion USD ( MX$3.62 Trillion MXN).
- Rio Tinto Group (F:RIOA): Ranked #188 globally with a market cap of $124.96 Billion USD ( €106.88 Billion EUR).
- Rio Tinto Group (MX:RION): Ranked #211 globally with a market cap of $113.64 Billion USD ( MX$1.97 Trillion MXN).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #85 | BHP Group Ltd | AU:BHP | $216.81 Billion | AU$60.31 |
| #95 | BHP Group | MX:BHPN | $208.33 Billion | MX$1425.00 |
| #188 | Rio Tinto Group | F:RIOA | $124.96 Billion | €85.20 |
| #211 | Rio Tinto Group | MX:RION | $113.64 Billion | MX$1574.00 |
Major Drilling Group International Historical Marketcap From 2015 to 2026
Between 2015 and today, Major Drilling Group International's market cap moved from $260.56 Million to $ 828.08 Million, with a yearly change of 10.72%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$828.08 Million | +7.91% |
| 2025 | CA$767.40 Million | +57.13% |
| 2024 | CA$488.40 Million | -10.86% |
| 2023 | CA$547.89 Million | -12.45% |
| 2022 | CA$625.82 Million | +27.36% |
| 2021 | CA$491.37 Million | +7.41% |
| 2020 | CA$457.46 Million | +35.63% |
| 2019 | CA$337.30 Million | +23.26% |
| 2018 | CA$273.65 Million | -34.84% |
| 2017 | CA$419.99 Million | +0.57% |
| 2016 | CA$417.61 Million | +60.27% |
| 2015 | CA$260.56 Million | -- |
End of Day Market Cap According to Different Sources
On Aug 1st, 2026 the market cap of Major Drilling Group International was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $828.08 Million USD |
| MoneyControl | $828.08 Million USD |
| MarketWatch | $828.08 Million USD |
| marketcap.company | $828.08 Million USD |
| Reuters | $828.08 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Major Drilling Group International
Major Drilling Group International Inc. provides contract drilling services to mining and mineral exploration companies in the United States, Canada, North America, South and Central America, Australasia, and Africa. The company offers various drilling services, including reverse circulation, surface and underground coring, directional, sonic, geotechnical, environmental, water-well, coal-bed met… Read more