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Midori Carbon (XCNQ:MIDO) Graham Number : C$N/A (As of Jul. 2024)


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What is Midori Carbon Graham Number?

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 (2024-12-11), the stock price of Midori Carbon is C$0.03. Midori Carbon's graham number for the quarter that ended in Jul. 2024 was C$N/A. Therefore, Midori Carbon's Price to Graham Number ratio for today is N/A.

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

XCNQ:MIDO's Price-to-Graham-Number is not ranked *
in the Asset Management industry.
Industry Median: 0.69
* 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.


Midori Carbon Graham Number Historical Data

The historical data trend for Midori Carbon'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.

* Premium members only.

Midori Carbon Graham Number Chart

Midori Carbon Annual Data
Trend Jan23 Jan24
Graham Number
- -

Midori Carbon Quarterly Data
Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Graham Number Get a 7-Day Free Trial - - - - -

Competitive Comparison of Midori Carbon's Graham Number

For the Asset Management subindustry, Midori Carbon'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.


Midori Carbon's Price-to-Graham-Number Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Midori Carbon's Price-to-Graham-Number distribution charts can be found below:

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



Midori Carbon Graham Number Calculation

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

Midori Carbon's Graham Number for the fiscal year that ended in Jan. 2024 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.019*-0.027)
=N/A

Midori Carbon's Graham Number for the quarter that ended in Jul. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*0.017*-0.03)
=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.


Midori Carbon  (XCNQ:MIDO) 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.

Midori Carbon's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jul. 2024 )
=0.03/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.


Midori Carbon Graham Number Related Terms

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Midori Carbon Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1055 Dunsmuir Street, Suite 3104, Four Bentall Centre, Vancouver, BC, CAN, V7X 1G4
Midori Carbon Inc is a carbon credit and carbon asset company, focused on the voluntary carbon credit market. The Company has two reportable operating segment, being: Investments in carbon credit technology companies; and the development and potential commercialization of its own carbon credit trading app.

Midori Carbon Headlines

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