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BIMT (Campbell International Holding) ROC % : 178.05% (As of Mar. 2024)


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What is Campbell International Holding ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Campbell International Holding's annualized return on capital (ROC %) for the quarter that ended in Mar. 2024 was 178.05%.

As of today (2024-12-14), Campbell International Holding's WACC % is 7.49%. Campbell International Holding's ROC % is -43.22% (calculated using TTM income statement data). Campbell International Holding earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Campbell International Holding ROC % Historical Data

The historical data trend for Campbell International Holding'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.

* Premium members only.

Campbell International Holding ROC % Chart

Campbell International Holding Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun22 Jun23
ROC %
Get a 7-Day Free Trial -26.67 -76.19 -338.46 -9.09 -18.22

Campbell International Holding Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -103.49 -844.57 66.42 175.90 178.05

Campbell International Holding ROC % Calculation

Campbell International Holding's annualized Return on Capital (ROC %) for the fiscal year that ended in Jun. 2023 is calculated as:

ROC % (A: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2022 ) + Invested Capital (A: Jun. 2023 ))/ count )
=-1.112 * ( 1 - 0% )/( (11.749 + 0.46)/ 2 )
=-1.112/6.1045
=-18.22 %

where

Invested Capital(A: Jun. 2022 )
=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))
=10.196 - 1.325 - ( 0.204 - max(0, 12.371 - 9.493+0.204))
=11.749

Invested Capital(A: Jun. 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))
=0.893 - 3.498 - ( 0.286 - max(0, 3.91 - 0.845+0.286))
=0.46

Campbell International Holding's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=0.876 * ( 1 - 0% )/( (0.525 + 0.459)/ 2 )
=0.876/0.492
=178.05 %

where

Invested Capital(Q: Dec. 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))
=1.107 - 3.315 - ( 0.122 - max(0, 3.803 - 1.07+0.122))
=0.525

Invested Capital(Q: Mar. 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))
=0.907 - 2.909 - ( 0.066 - max(0, 3.337 - 0.876+0.066))
=0.459

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

* 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.

Campbell International Holding  (OTCPK:BIMT) 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, Campbell International Holding's WACC % is 7.49%. Campbell International Holding's ROC % is -43.22% (calculated using TTM income statement data). Campbell International Holding 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.

Campbell International Holding ROC % Related Terms

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Campbell International Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Campbell International Holding Corp (OTCPK:BIMT) » Definitions » ROC %
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Traded in Other Exchanges
N/A
Address
1-17-1 Zhaojia Road, Xinglongtai District, Liaoning Province, Panjin, CHN, 06515
Website
Campbell International Holding Corp, formerly Bitmis Corp is a company engaged in in the research and development of extraction processes of natural ? -carotene, the planting and harvesting of raw materials as well as the production, distribution marketing and sales of natural ? -carotene health food products. There are two revenue streams within the Company's operations that includes sales of health products which constitutes the majority of the revenues, and franchise fees, offering the right to promote the corporate business under the name of the Company.