ISVLF (IMPACT Silver) Graham Number: $0.18 (As of Mar. 2026) — 88% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISVLF IMPACT Silver Corp ISVLF
42 GF Score
Price $0.19
GF Value $0.30
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is IMPACT Silver Graham Number?

IMPACT Silver ISVLF -5.15% 42 Graham Number is $0.18 as of Mar. 2026, which is 88% below its 10-year median of 1.55. GuruFocus rates ISVLF with a GF Score™ of 42/100 and a GF Value™ of $0.30 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 612 Metals & Mining companies, IMPACT Silver ranks better than 53.1% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-07-18), the stock price of IMPACT Silver is $0.18563. IMPACT Silver's graham number for the quarter that ended in Mar. 2026 was $0.18. Therefore, IMPACT Silver's Price to Graham Number ratio for today is 1.04.

The historical rank and industry rank for IMPACT Silver's Graham Number or its related term are showing as below:

ISVLF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.08   Med: 1.55   Max: 6.06
Current: 1.12

During the past 13 years, the highest Price to Graham Number ratio of IMPACT Silver was 6.06. The lowest was 1.08. And the median was 1.55.

ISVLF's Price-to-Graham-Number is ranked better than
53.1% of 612 companies
in the Metals & Mining industry
Industry Median: 1.23 vs ISVLF: 1.12

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


IMPACT Silver  (OTCPK:ISVLF) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

IMPACT Silver's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.18563/0.18
=1.04

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


IMPACT Silver Graham Number Related Terms


IMPACT Silver Graham Number Historical Data

* Premium members only.

The historical data trend for IMPACT Silver's Graham Number 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.

IMPACT Silver Graham Number Chart

IMPACT Silver Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

IMPACT Silver Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.18

ISVLF vs EXK: Graham Number Comparison

For the Silver subindustry, IMPACT Silver's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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.


IMPACT Silver Price-to-Graham-Number vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, IMPACT Silver's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where IMPACT Silver's Price-to-Graham-Number falls into.


ISVLF
42GF Score
IMPACT Silver Corp ISVLF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IMPACT Silver Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

IMPACT Silver's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.131*-0.009)
=N/A

IMPACT Silver's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.158*0.009)
=0.18

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $0.18 mean?
IMPACT Silver (ISVLF) has a Graham Number of $0.18 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on IMPACT Silver and its competitors. This is 88% below median its historical median of 1.55. Over the past decade, IMPACT Silver's Graham Number has ranged from 1.08 to 6.06. According to the industry distribution chart, IMPACT Silver ranks #287 out of 612 companies in the Metals & Mining industry, placing it in the top 46.9%.
Is IMPACT Silver's Graham Number too high?
IMPACT Silver's current Graham Number of $0.18 is 88% below median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 6.06. The Metals & Mining industry median Graham Number is 1.23. IMPACT Silver's value of $0.18 is 85.4% below this industry median. Based on the distribution chart, IMPACT Silver ranks #287 out of 612 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, IMPACT Silver has a GF Score™ of 42/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IMPACT Silver's Graham Number compare to EXK?
According to the Metals & Mining industry distribution chart, IMPACT Silver ranks #287 out of 612 companies for Graham Number. This puts IMPACT Silver in the upper half of its industry. The industry median Graham Number is 1.23. IMPACT Silver's value of $0.18 is 85.4% below this benchmark. Historically, IMPACT Silver's own Graham Number has ranged from 1.08 to 6.06 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 1.23, IMPACT Silver has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Metals & Mining company?
The median Graham Number among Metals & Mining companies is 1.23, based on 612 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IMPACT Silver's current Graham Number of $0.18 is 85.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on IMPACT Silver and its competitors. For the Metals & Mining industry, the median Graham Number is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IMPACT Silver's current Graham Number is $0.18, which is 88% below median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMPACT Silver stock overvalued right now?
Based on GuruFocus' analysis, IMPACT Silver (ISVLF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.30, compared to a current price of $0.19 — trading 38.1% below its estimated fair value. The current Graham Number is $0.18, which is 88% below median its 10-year median of 1.55 and 85.4% below the Metals & Mining industry median of 1.23. IMPACT Silver's overall GF Score™ is 42/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For IMPACT Silver (ISVLF), the current Graham Number is $0.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IMPACT Silver (ISVLF) Overvalued in 2026?

Based on GuruFocus' analysis, IMPACT Silver stock appears to be undervalued. The current stock price of $0.19 is trading 38.1% below its estimated GF Value™ of $0.30. GuruFocus considers IMPACT Silver to be Significantly Undervalued.

Key valuation signals for ISVLF:

  • Graham Number: $0.18 (88% below median its 10-year median of 1.55)
  • GF Value™: $0.30 vs. price of $0.19 (38.1% below fair value)
  • GF Score™: 42/100 with 1 warning sign
  • Industry Position: 85.4% below the Metals & Mining median (#287 of 612)

No single metric tells the full story. See the ISVLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IMPACT Silver Business Description

Other Exchanges IKL:GermanyIPT:Canada
Address 303 - 543 Granville Street, Vancouver, BC, CAN, V6C 1X8
IMPACT Silver Corp and its subsidiaries are engaged in silver mining and related activities, including exploration, development, and mineral processing in Mexico. The company operates a series of mines near Zacualpan in the state of Mexico and in Guerrero state and produces silver, lead, zinc, and gold sold in the form of lead and zinc concentrates. It has one operating segment and two reportable segments based on the geographic area, which is Mexico and Canada, and the majority of the revenue comes from Mexico.
42GF Score

Get the complete analysis for ISVLF

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.19
Price
$0.30
GF Value