BAJFF (Camrova Resources) ROC %: -83.93% (As of Sep. 2021)


What is Camrova Resources ROC %?

Camrova Resources BAJFF -90.00% ROC % is -83.93% as of Sep. 2021.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Camrova Resources's annualized return on capital (ROC %) for the quarter that ended in Sep. 2021 was -83.93%.

As of today (2026-06-24), Camrova Resources's WACC % is 0.00%. Camrova Resources's ROC % is 0.00% (calculated using TTM income statement data). Camrova Resources earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Camrova Resources  (OTCPK:BAJFF) 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, Camrova Resources's WACC % is 0.00%. Camrova Resources's ROC % is 0.00% (calculated using TTM income statement data). Camrova Resources 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.

Camrova Resources ROC % Related Terms

Camrova Resources ROC % Historical Data

* Premium members only.

The historical data trend for Camrova Resources'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.

Camrova Resources ROC % Chart

Camrova Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.60 -91.13 -864.10 -504.20 -177.94

Camrova Resources Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
ROC % 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 -112.87 -253.28 -197.53 -105.51 -83.93

Camrova Resources ROC % Calculation

Camrova Resources's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2020 is calculated as:

ROC % (A: Dec. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2019 ) + Invested Capital (A: Dec. 2020 ))/ count )
=-0.355 * ( 1 - 0% )/( (0.16 + 0.239)/ 2 )
=-0.355/0.1995
=-177.94 %

where

Invested Capital(A: Dec. 2019 )
=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))
=0.02 - 0.484 - ( 0.01 - max(0, 0.644 - 0.02+0.01))
=0.16

Invested Capital(A: Dec. 2020 )
=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))
=0.002 - 0.758 - ( 0.001 - max(0, 0.997 - 0.002+0.001))
=0.239

Camrova Resources's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2021 is calculated as:

ROC % (Q: Sep. 2021 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2021 ) + Invested Capital (Q: Sep. 2021 ))/ count )
=-0.248 * ( 1 - 0% )/( (0.261 + 0.33)/ 2 )
=-0.248/0.2955
=-83.93 %

where

Invested Capital(Q: Jun. 2021 )
=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))
=0.006 - 0.92 - ( 0.001 - max(0, 1.181 - 0.006+0.001))
=0.261

Invested Capital(Q: Sep. 2021 )
=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))
=0.002 - 0.926 - ( 0 - max(0, 1.256 - 0.002+0))
=0.33

Note: The Operating Income data used here is four times the quarterly (Sep. 2021) data. The tax rate is limited to between 0% and 100%.

* 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 ROC % →
What does a ROC % of -83.93% mean?
Camrova Resources (BAJFF) has a ROC % of -83.93% as of Sep. 2021. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Camrova Resources and its competitors.
Is Camrova Resources' ROC % too high?
Camrova Resources' current ROC % is -83.93%.
How does Camrova Resources' ROC % compare to BHPBF?
Camrova Resources' ROC % of -83.93% 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 Camrova Resources and its competitors. Camrova Resources's current ROC % is -83.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Camrova Resources stock overvalued right now?
Camrova Resources (BAJFF) has a current ROC % of -83.93%. The current ROC % is -83.93%. 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 Camrova Resources (BAJFF), the current ROC % is -83.93% as of Sep. 2021. 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.

Camrova Resources Business Description

Address 600 - 890 West Pender Street, Vancouver, BC, CAN, V6C 1J9
Camrova Resources Inc is a Canadian mining company. The company is in discussion with various interested parties regarding finalizing its potential smelter slag copper processing project in Chile, utilizing the Las Vacas flotation plant. It has a minority investment in the El Boleo copper-cobaltzinc-manganese deposit located near Santa Rosalia, Baja California Sur, Mexico. Minera y Metalurgica del Boleo, S.A.P.I. de C.V. holds the mineral property rights to the Boleo Mine.