MTWO (M2i Global) ROC %: -169.37% (As of Mar. 2026)

What is M2i Global ROC %?

M2i Global MTWO +1.99% ROC % is -169.37% as of Mar. 2026. The stock has 3 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. M2i Global's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -169.37%.

As of today (2026-07-11), M2i Global's WACC % is 18.35%. M2i Global's ROC % is -248.14% (calculated using TTM income statement data). M2i Global earns returns that do not match up to its cost of capital. It will destroy value as it grows.

M2i Global (OTCPK:MTWO) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, M2i Global's WACC % is 18.35%. M2i Global's ROC % is -248.14% (calculated using TTM income statement data). M2i Global earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

M2i Global ROC % Related Terms

M2i Global ROC % Historical Data

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The historical data trend for M2i Global's ROC % 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 ROC % Chart

M2i Global Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

ROC %

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-84.44

-54.55

-59.19

-364.06

-520.22

M2i Global Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Mar26
ROC %	Get a 7-Day Free Trial															-854.95	-715.72	-1,122.12	-273.21	-169.37

M2i Global ROC % Calculation

M2i Global's annualized Return on Capital (ROC %) for the fiscal year that ended in Nov. 2024 is calculated as:

	ROC % (A: Nov. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Nov. 2023 )	+	Invested Capital (A: Nov. 2024 ))	/ count )
=	-3.795 * ( 1 - 0% )	/	( (0.85	+	0.609)	/ 2 )
=	-3.795	/	0.7295
=	-520.22 %

where

	Invested Capital		(A: Nov. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.048	-	0.237	-	( 0.048	-	max(0, 1.087	-	0.048	+	0.048	))
=	0.85

	Invested Capital		(A: Nov. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.085	-	2.009	-	( 0.08	-	max(0, 2.618	-	0.085	+	0.08	))
=	0.609

M2i Global's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Nov. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-8.052 * ( 1 - 0% )	/	( (4.789	+	4.719)	/ 2 )
=	-8.052	/	4.754
=	-169.37 %

where

	Invested Capital		(Q: Nov. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.488	-	2.747	-	( 0.411	-	max(0, 7.536	-	0.488	+	0.411	))
=	4.789

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.17	-	3.556	-	( 0.067	-	max(0, 8.275	-	0.17	+	0.067	))
=	4.719

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -169.37% mean?

M2i Global (MTWO) has a ROC % of -169.37% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on M2i Global and its competitors.

Is M2i Global's ROC % too high?

M2i Global's current ROC % is -169.37%.

How does M2i Global's ROC % compare to BLTH and ATCX?

M2i Global's ROC % of -169.37% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROC % for a Metals & Mining company?

A good ROC % depends on the Metals & Mining industry context. However, ROC % 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 ROC % mean?

A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on M2i Global and its competitors. M2i Global's current ROC % is -169.37%. 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 ROC % of -169.37%. The current ROC % is -169.37%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROC % calculated?

ROC % is calculated from a company's financial statements. For M2i Global (MTWO), the current ROC % is -169.37% 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

Industry Basic Materials Metals & Mining

Comparable Companies BLTH ATCX LTUM CHNR SVBL NWIFF LBSR FUST NRHI ENRT ASX:BHP ASX:RIO LSE:RIO MEX:GMEXICOB LSE:GLEN BSP:VALE3 SAU:1211 LSE:AAL HKSE:03993 ASX:FMG

Address 885 Tahoe Boulevard, Incline Village, NV, USA, 89451

Website https://www.m2i.global

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.