Soft magnetic materials play an important role in broad applications, such as transformers and electrical motors. There is an interest in bulk soft magnetic materials because of the demand for miniaturization of cores. We have prepared bulk samples in the form of the small cylinders with good soft magnetic properties. The frequency dependence of magnetic properties is studied, and it is attributed mainly to the structure of the initial powder and domain wall damping. The good combination of various shapes and good soft magnetic properties indicates the possibility of future development as a new soft magnetic compacted material.