Woodbois (LSE:WBI) ROC %: -1.91% (As of Jun. 2024)

What is Woodbois ROC %?

Woodbois LSE:WBI ROC % is -1.91% as of Jun. 2024.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Woodbois's annualized return on capital (ROC %) for the quarter that ended in Jun. 2024 was -1.91%.

As of today (2026-07-02), Woodbois's WACC % is 0.00%. Woodbois's ROC % is 0.00% (calculated using TTM income statement data). Woodbois earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Woodbois (LSE:WBI) 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, Woodbois's WACC % is 0.00%. Woodbois's ROC % is 0.00% (calculated using TTM income statement data). Woodbois 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.

Woodbois ROC % Related Terms

Woodbois ROC % Historical Data

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The historical data trend for Woodbois'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.

Woodbois ROC % Chart

Woodbois Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROC %

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-1.67

-2.18

0.73

-38.80

-3.22

Woodbois Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROC %	Get a 7-Day Free Trial															0.01	-73.93	-2.72	-3.87	-1.91

Woodbois ROC % Calculation

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

	ROC % (A: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2022 )	+	Invested Capital (A: Dec. 2023 ))	/ count )
=	-5.696 * ( 1 - 0% )	/	( (182.875	+	170.559)	/ 2 )
=	-5.696	/	176.717
=	-3.22 %

where

	Invested Capital		(A: Dec. 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	))
=	184.949	-	1.907	-	( 1.885	-	max(0, 10.696	-	10.863	+	1.885	))
=	182.875

	Invested Capital		(A: 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	))
=	171.989	-	1.014	-	( 0.416	-	max(0, 5.346	-	6.081	+	0.416	))
=	170.559

Woodbois's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	-3.236 * ( 1 - 0% )	/	( (170.559	+	168.6)	/ 2 )
=	-3.236	/	169.5795
=	-1.91 %

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	))
=	171.989	-	1.014	-	( 0.416	-	max(0, 5.346	-	6.081	+	0.416	))
=	170.559

	Invested Capital		(Q: Jun. 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	))
=	171.275	-	2.152	-	( 0.523	-	max(0, 6.118	-	8.05	+	0.523	))
=	168.6

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -1.91% mean?

Woodbois (LSE:WBI) has a ROC % of -1.91% as of Jun. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Woodbois and its competitors.

Is Woodbois' ROC % too high?

Woodbois' current ROC % is -1.91%.

How does Woodbois' ROC % compare to SSD and UFPI?

Woodbois' ROC % of -1.91% can be compared against companies in the Forest Products industry. The industry median ROC % is 1.55. 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 Forest Products company?

The median ROC % among Forest Products companies is 1.55, based on 277 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. 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 Woodbois and its competitors. For the Forest Products industry, the median ROC % is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Woodbois's current ROC % is -1.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Woodbois stock overvalued right now?

Woodbois (LSE:WBI) has a current ROC % of -1.91%. The current ROC % is -1.91%. 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 Woodbois (LSE:WBI), the current ROC % is -1.91% as of Jun. 2024. 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.

Woodbois Business Description

Industry Basic Materials Forest Products

Comparable Companies SSD UFPI TSX:WFG BCC TSX:SJ BOM:532548 SZSE:002043 XLIS:COR TSX:CFP SZSE:000592 BSP:DXCO3 SZSE:000910 SHSE:600076 TSX:IFP BOM:526797 XTER:ST5 SHSE:600265 BOM:542857 SHSE:601996 SZSE:002679

Address Dixcart House, Sir William Place, P.O. Box 161, Saint Peter Port, GGY, GY1 1GX

Website https://www.woodbois.com

Woodbois Ltd is a Forestry and timber trading company involved in producing, processing, manufacturing, and supplying sustainable African hardwood and hardwood products. It is engaged in the forestry, timber trading, and carbon solutions segments. It generates maximum revenue from the Forestry segment. The company operates in Gabon, Mozambique, Denmark, Mauritius, Guernsey, and the UK. Its product categories include Lumber, Veneer, and Blockboard. geographically company's external sales are maximum from Gabon.