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International Baler (International Baler) ROE % : -4.89% (As of Jan. 2022)


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What is International Baler ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. International Baler's annualized net income for the quarter that ended in Jan. 2022 was $-0.40 Mil. International Baler's average Total Stockholders Equity over the quarter that ended in Jan. 2022 was $8.27 Mil. Therefore, International Baler's annualized ROE % for the quarter that ended in Jan. 2022 was -4.89%.

The historical rank and industry rank for International Baler's ROE % or its related term are showing as below:

IBAL's ROE % is not ranked *
in the Industrial Products industry.
Industry Median: 7.1
* Ranked among companies with meaningful ROE % only.

International Baler ROE % Historical Data

The historical data trend for International Baler's ROE % 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.

International Baler ROE % Chart

International Baler Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 3.43 -3.59 -4.71 -1.56

International Baler Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
ROE % 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 22.49 -0.18 -15.65 -12.91 -4.89

Competitive Comparison of International Baler's ROE %

For the Specialty Industrial Machinery subindustry, International Baler's ROE %, along with its competitors' market caps and ROE % 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.


International Baler's ROE % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, International Baler's ROE % distribution charts can be found below:

* The bar in red indicates where International Baler's ROE % falls into.



International Baler ROE % Calculation

International Baler's annualized ROE % for the fiscal year that ended in Oct. 2021 is calculated as

ROE %=Net Income (A: Oct. 2021 )/( (Total Stockholders Equity (A: Oct. 2020 )+Total Stockholders Equity (A: Oct. 2021 ))/ count )
=-0.131/( (8.451+8.321)/ 2 )
=-0.131/8.386
=-1.56 %

International Baler's annualized ROE % for the quarter that ended in Jan. 2022 is calculated as

ROE %=Net Income (Q: Jan. 2022 )/( (Total Stockholders Equity (Q: Oct. 2021 )+Total Stockholders Equity (Q: Jan. 2022 ))/ count )
=-0.404/( (8.321+8.219)/ 2 )
=-0.404/8.27
=-4.89 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jan. 2022) net income data. ROE % is displayed in the 30-year financial page.


International Baler  (OTCPK:IBAL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jan. 2022 )
=Net Income/Total Stockholders Equity
=-0.404/8.27
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.404 / 8.16)*(8.16 / 10.594)*(10.594 / 8.27)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.95 %*0.7702*1.281
=ROA %*Equity Multiplier
=-3.81 %*1.281
=-4.89 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jan. 2022 )
=Net Income/Total Stockholders Equity
=-0.404/8.27
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.404 / -0.52) * (-0.52 / -0.524) * (-0.524 / 8.16) * (8.16 / 10.594) * (10.594 / 8.27)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7769 * 0.9924 * -6.42 % * 0.7702 * 1.281
=-4.89 %

Note: The net income data used here is four times the quarterly (Jan. 2022) net income data. The Revenue data used here is four times the quarterly (Jan. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


International Baler ROE % Related Terms

Thank you for viewing the detailed overview of International Baler's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


International Baler (International Baler) Business Description

Traded in Other Exchanges
N/A
Address
5400 Rio Grande Avenue, Jacksonville, FL, USA, 32254
International Baler Corp is a manufacturer of baling equipment that is fabricated from steel and utilizes hydraulic and electrical components to compress a variety of materials into bales for easier handling, shipping, disposal, storage, and recycling. Materials commonly baled include scrap metal, corrugated boxes, newsprint, aluminum cans, plastic bottles, and other solid waste. Its applications include baling of textile materials, fibers, and synthetic rubber. The company recognizes revenues from the sale of finished products, equipment installation, and others primarily in the US.
Executives
Avis Industrial Corp 10 percent owner POST OFFICE BOX 548 UPLAND IN 46989
Gregory L King director 5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
Ramesh Outram director 5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
Boren Estate Of Leland E 10 percent owner P.O. BOX 218 UPLAND IN 46989
Victor W. Biazis officer: President and CEO 5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
David Roger Griffin director, officer: President 5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
Alexander C Toppan 10 percent owner 40 SPECTACLE RIDGE ROAD SOUTH KENT CT 06785
Leland E Boren 10 percent owner 1909 SOUTH MAIN STREET P.O. BOX 548 UPLAND IN 46989
Martha R. Songer director, officer: President and CEO 5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
Lael E. Boren director 5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
John J Martorana director 5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254
Matthew M Price director 10 WEST MARKET STREET 2700 MARKET TOWER INDIANAPOLIS IN 46204
William E Nielsen director, officer: President 5400 RIO GRANDE AVE. JACKSONVILLE FL 32254
David B Wilhelmy director, officer: Vice President 5400 RIO GRANDE AVE. JACKSONVILLE FL 32254
Roth Robert B Sr director 5400 RIO GRANDE AVENUE JACKSONVILLE FL 32254

International Baler (International Baler) Headlines

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