Major Drilling Group Stock EBITDA

3MJ Stock  EUR 6.45  0.20  3.20%   
Major Drilling Group fundamentals help investors to digest information that contributes to Major Drilling's financial success or failures. It also enables traders to predict the movement of Major Stock. The fundamental analysis module provides a way to measure Major Drilling's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Major Drilling stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Major Drilling Group Company EBITDA Analysis

Major Drilling's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Major Drilling EBITDA

    
  114.09 M  
Most of Major Drilling's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Major Drilling Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

According to the company disclosure, Major Drilling Group reported earnings before interest,tax, depreciation and amortization of 114.09 M. This is 85.65% lower than that of the Basic Materials sector and 96.31% lower than that of the Industrial Metals & Minerals industry. The ebitda for all Germany stocks is 97.07% higher than that of the company.

Major EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Major Drilling's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Major Drilling could also be used in its relative valuation, which is a method of valuing Major Drilling by comparing valuation metrics of similar companies.
Major Drilling is currently under evaluation in ebitda category among related companies.

Major Fundamentals

About Major Drilling Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Major Drilling Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Major Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Major Drilling Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Major Drilling Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Major Stock analysis

When running Major Drilling's price analysis, check to measure Major Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Major Drilling is operating at the current time. Most of Major Drilling's value examination focuses on studying past and present price action to predict the probability of Major Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Major Drilling's price. Additionally, you may evaluate how the addition of Major Drilling to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Global Correlations
Find global opportunities by holding instruments from different markets
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Commodity Directory
Find actively traded commodities issued by global exchanges
Please note, there is a significant difference between Major Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Major Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Major Drilling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.