MDI.JSE Master Drilling Group Ltd

Industrials Construction & Engineering Johannesburg Exchange
1,443 ZAC
Close of Oct 29, 2026
1,321 1,920
Market cap
ZAC 2.17B
P/E
434.6x
P/B
59.63x
ROE
29.7%
Dividend yield
-
Fundamental score
4.1/5

Ratios use the latest price and the current fiscal year annualized from 1 quarter up to Jun 2026.

Is MDI.JSE undervalued?

Graham number

The Graham number of Master Drilling Group Ltd cannot be estimated reliably (the estimate is too far from the market price).

Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?

Master Drilling Group Ltd fundamental analysis

20 of 22 checks passed

ROE 2/2

High return on equity (29.7%), above 20%.

ROA 1/1

Return on assets (15.1%) is above the industry median (7.2%).

Profit Consistency 2/2

Profitable for 10 consecutive years.

Earnings Growth 5Y 1/1

Earnings per share grew over the past 5 years.

Earnings Acceleration 1/1

Last year's EPS growth (75.0%) is above the 5-year average (55.6% a year).

Earnings Growth vs Industry 1/1

Last year's EPS growth (75.0%) is above the industry median (0.7%).

Revenue Growth 1/2

Revenue grew 8.9% a year over the past 3 years.

Short-term Liquidity 1/1

Current assets cover short-term liabilities.

Long-term Liabilities 1/1

Current assets cover long-term liabilities.

Debt to Equity 2/2

Low debt to equity (36.7%), 40% or less.

Debt Trend 0/1

Debt to equity has risen over the past 5 years.

Debt Coverage 0/1

Operating cash flow does not cover 20% of total debt.

Interest Coverage 1/1

EBIT is 9.0x against interest expense, well covered.

PE vs Market 1/1

PE (4.3x) is below the market median (9.1x).

PE vs Industry 1/1

PE (4.3x) is below the industry median (12.6x).

PBV 1/1

Price to book (0.6x) is below the industry median (1.1x).

Graham Number 1/1

The price is below the Graham number (PE x PB = 2.6, limit 22.5).

PEG 1/1

PEG on 5-year earnings growth is 0.08, growth is cheap.

Dividend Yield 1/2

Dividend yield (4.1%) is above the bottom 25% of dividend payers in the market.

Dividend Stability 1/2

Dividends paid without a cut of more than 10% for 7 years.

Dividend Growth 1/1

Dividends paid grew over the past 5 years.

Payout Ratio 1/1

Payout ratio is 18.0%, covered by earnings.

Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score

Master Drilling Group Ltd stock price

Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.

About Master Drilling Group Ltd

Master Drilling Group Limited, an investment holding company, provides specialized drilling services. The company provides rock boring services, including horizontal and vertical raise, and box hole boring; slot hole, reverse circulation, piling, and directional drilling; shotcreting; paste holes; and LIDAR scanning for mining, civil, and energy sectors. It also offers industrial products. In addition, the company provides exploration drilling services, such as blast hole, c…

Full company profile