MTWO (M2i Global) Graham Number: $N/A (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is M2i Global Graham Number?

M2i Global MTWO -8.33% Graham Number is $N/A as of Mar. 2026. The stock has 3 warning signs investors should review. Among 631 Metals & Mining companies, M2i Global ranks worse than 158478.45% 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 (2026-08-25), the stock price of M2i Global is $0.011. M2i Global's graham number for the quarter that ended in Mar. 2026 was $N/A. Therefore, M2i Global's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for M2i Global's Graham Number or its related term are showing as below:

MTWO's Price-to-Graham-Number is not ranked *
in the Metals & Mining industry.
Industry Median: 1.38
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


M2i Global  (OTCPK:MTWO) 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.

M2i Global's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.011/N/A
=N/A

* 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.


M2i Global Graham Number Related Terms


M2i Global Graham Number Historical Data

* Premium members only.

The historical data trend for M2i Global'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.

M2i Global Graham Number Chart

M2i Global Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Graham Number
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

M2i Global Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 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 0.00

MTWO vs ATCX, BLTH, LTUM: Graham Number Comparison

For the Other Industrial Metals & Mining subindustry, M2i Global'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.


M2i Global Price-to-Graham-Number vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, M2i Global's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where M2i Global's Price-to-Graham-Number falls into.



M2i Global Graham Number Calculation

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

M2i Global's Graham Number for the fiscal year that ended in Nov. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-0.004*-0.01)
=N/A

M2i Global'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*-0.011*-0.006)
=N/A

* 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 $N/A mean?
M2i Global (MTWO) has a Graham Number of $N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on M2i Global and its competitors. According to the industry distribution chart, M2i Global ranks #999999 out of 631 companies in the Metals & Mining industry.
Is M2i Global's Graham Number too high?
M2i Global's current Graham Number is $N/A. Based on the distribution chart, M2i Global ranks #999999 out of 631 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does M2i Global's Graham Number compare to ATCX and BLTH?
According to the Metals & Mining industry distribution chart, M2i Global ranks #999999 out of 631 companies for Graham Number. This places M2i Global in the lower half of its industry. The industry median Graham Number is 1.38. 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 1.38, based on 631 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. 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 M2i Global and its competitors. For the Metals & Mining industry, the median Graham Number is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M2i Global's current Graham Number is $N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M2i Global stock overvalued right now?
M2i Global (MTWO) has a current Graham Number of $N/A. The current Graham Number is $N/A. 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 M2i Global (MTWO), the current Graham Number is $N/A 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.

M2i Global Business Description

Address 885 Tahoe Boulevard, Incline Village, NV, USA, 89451
M2i Global Inc is a company engaged in activities relating to sourcing and mining strategic minerals and metals like cobalt, lithium, and tungsten. The Company intends to operate four key business units as set forth below: M2i Mining, Processing & Refining: a business engaged in developing and supplying the U.S sanctioned value chain of critical metals; M2i Scrap & Recycling: a business engaged in establishing a source of critical metals from scrap and recycling of metals; and M2i Government and Defense Industrial Base: a business engaged in aligning M2i's business with U.S. policy in terms of industry requirements and national interests. to facilitate participation in U.S. government programs such as the creation and management of a Strategic Minerals Reserve.