BONL (Bonal International) ROC %: 6.06% (As of Mar. 2023)


BONL Bonal International Inc BONL
43 GF Score
Price $0.99
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What is Bonal International ROC %?

Bonal International BONL 43 ROC % is 6.06% as of Mar. 2023. GuruFocus rates BONL with a GF Score™ of 43/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Bonal International's annualized return on capital (ROC %) for the quarter that ended in Mar. 2023 was 6.06%.

As of today (2026-06-25), Bonal International's WACC % is 0.00%. Bonal International's ROC % is 0.00% (calculated using TTM income statement data). Bonal International earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Bonal International  (OTCPK:BONL) 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, Bonal International's WACC % is 0.00%. Bonal International's ROC % is 0.00% (calculated using TTM income statement data). Bonal International 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.

Bonal International ROC % Related Terms

Bonal International ROC % Historical Data

* Premium members only.

The historical data trend for Bonal International'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.

Bonal International ROC % Chart

Bonal International Annual Data
Trend Mar21 Mar22 Mar23
ROC %
0.00 28.94 6.06

Bonal International Semi-Annual Data
Mar21 Mar22 Mar23
ROC % 0.00 28.94 6.06
BONL
43GF Score
Bonal International Inc BONL
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bonal International ROC % Calculation

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

ROC % (A: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2022 ) + Invested Capital (A: Mar. 2023 ))/ count )
=0.056 * ( 1 - 3.7% )/( (0.64 + 1.139)/ 2 )
=0.053928/0.8895
=6.06 %

where

Invested Capital(A: Mar. 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))
=1.87 - 0.172 - ( 1.058 - max(0, 0.203 - 1.844+1.058))
=0.64

Invested Capital(A: Mar. 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))
=1.965 - 0.119 - ( 0.707 - max(0, 0.263 - 1.725+0.707))
=1.139

Bonal International's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2023 is calculated as:

ROC % (Q: Mar. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Mar. 2023 ))/ count )
=0.056 * ( 1 - 3.7% )/( (0.64 + 1.139)/ 2 )
=0.053928/0.8895
=6.06 %

where

Invested Capital(Q: Mar. 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))
=1.87 - 0.172 - ( 1.058 - max(0, 0.203 - 1.844+1.058))
=0.64

Invested Capital(Q: Mar. 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))
=1.965 - 0.119 - ( 0.707 - max(0, 0.263 - 1.725+0.707))
=1.139

Note: The Operating Income data used here is one times the annual (Mar. 2023) 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 6.06% mean?
Bonal International (BONL) has a ROC % of 6.06% as of Mar. 2023. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Bonal International and its competitors.
Is Bonal International's ROC % too high?
Bonal International's current ROC % is 6.06%. The Industrial Products industry median ROC % is 5.23. Bonal International's value of 6.06% is 16% above this industry median. Overall, Bonal International has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Bonal International's ROC % compare to BRBL and ATVK?
Bonal International's ROC % of 6.06% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.23. Bonal International's value of 6.06% is 16% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Industrial Products company?
The median ROC % among Industrial Products companies is 5.23, based on 3,040 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bonal International's current ROC % of 6.06% is 16% above the industry median. 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 Bonal International and its competitors. For the Industrial Products industry, the median ROC % is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonal International's current ROC % is 6.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonal International stock overvalued right now?
Bonal International (BONL) has a current ROC % of 6.06%. The current ROC % is 6.06% and 16% above the Industrial Products industry median of 5.23. Bonal International's overall GF Score™ is 43/100. 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 Bonal International (BONL), the current ROC % is 6.06% as of Mar. 2023. 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.

Bonal International Business Description

Address 1300 North Campbell Road, Royal Oak, MI, USA, 48067
Bonal International Inc provides sub-harmonic vibratory technology for metal improvement solutions. The company offers stress relief equipment, pulse puddle arc welding equipment, and distortion controller equipment in the United States. It also provides consulting, training, program design, and mental stress relief services. The company serves automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tools, plastic molding, racing, engine building, armament, and die-casting industries. Geographically operates through the region of the United States.
43GF Score

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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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