(BCC) Boise Cascad - Overview
Sector: Basic Materials | Industry: Lumber & Wood Production | Exchange: NYSE (USA) | Market Cap: 2.625m USD | Total Return: -18.9% in 12m
Industry Rotation: +6.2
Avg Turnover: 30.3M USD
Peers RS (IBD): 9.8
EPS Trend: -91.2%
Qual. Beats: 0
Rev. Trend: -71.1%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Boise Cascade Company (BCC) manufactures engineered wood products and plywood. It also distributes building materials in the US and Canada.
The Wood Products segment produces laminated veneer lumber, I-joists, plywood panels, and ponderosa pine lumber. Engineered wood products offer enhanced structural properties compared to traditional lumber.
The Building Materials Distribution segment distributes various building materials. This includes oriented strand board, a common structural panel in construction, and general line items like siding, decking, and insulation.
BCC sells to dealers, home improvement centers, wholesalers, and specialty distributors. Its products are used in new residential construction, remodeling, and light commercial buildings. The companys business model integrates manufacturing with distribution, a common strategy in the building materials sector to control supply chains.
For more detailed financial analysis, consider exploring ValueRay.
- New residential construction drives demand for engineered wood products
- Repair and remodeling activity boosts building materials sales
- Lumber and plywood prices impact revenue and margins
- Housing market interest rates influence construction demand
- Supply chain disruptions affect product availability and costs
| Net Income: 132.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -5.80 > 1.0 |
| NWC/Revenue: 18.13% < 20% (prev 19.66%; Δ -1.53% < -1%) |
| CFO/TA 0.08 > 3% & CFO 254.1m > Net Income 132.8m |
| Net Debt (45.0m) to EBITDA (361.8m): 0.12 < 3 |
| Current Ratio: 3.36 > 1.5 & < 3 |
| Outstanding Shares: last quarter (37.0m) vs 12m ago -4.55% < -2% |
| Gross Margin: 15.15% > 18% (prev 0.20%; Δ 1.50k% > 0.5%) |
| Asset Turnover: 193.7% > 50% (prev 199.6%; Δ -5.82% > 0%) |
| Interest Coverage Ratio: 9.24 > 6 (EBITDA TTM 361.8m / Interest Expense TTM 21.8m) |
| A: 0.36 (Total Current Assets 1.65b - Total Current Liabilities 493.1m) / Total Assets 3.24b |
| B: 0.46 (Retained Earnings 1.50b / Total Assets 3.24b) |
| C: 0.06 (EBIT TTM 201.8m / Avg Total Assets 3.31b) |
| D: 1.29 (Book Value of Equity 1.50b / Total Liabilities 1.17b) |
| Altman-Z'' Score: 5.63 = AAA |
| DSRI: 1.04 (Receivables 340.7m/344.8m, Revenue 6.40b/6.72b) |
| GMI: 1.31 (GM 15.15% / 19.79%) |
| AQI: 1.03 (AQ_t 0.11 / AQ_t-1 0.11) |
| SGI: 0.95 (Revenue 6.40b / 6.72b) |
| TATA: -0.04 (NI 132.8m - CFO 254.1m) / TA 3.24b) |
| Beneish M-Score: -2.77 (Cap -4..+1) = A |
Over the past week, the price has changed by -1.60%, over one month by -2.12%, over three months by -3.89% and over the past year by -18.89%.
- StrongBuy: 3
- Buy: 0
- Hold: 3
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 95.7 | 30.7% |
P/E Forward = 5.1046
P/S = 0.4098
P/B = 1.2975
P/EG = 1.09
Revenue TTM = 6.40b USD
EBIT TTM = 201.8m USD
EBITDA TTM = 361.8m USD
Long Term Debt = 445.4m USD (from longTermDebt, last quarter)
Short Term Debt = 11.4m USD (from shortTermDebt, last quarter)
Debt = 522.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 45.0m USD (from netDebt column, last quarter)
Enterprise Value = 2.67b USD (2.62b + Debt 522.2m - CCE 477.2m)
Interest Coverage Ratio = 9.24 (Ebit TTM 201.8m / Interest Expense TTM 21.8m)
EV/FCF = 209.9x (Enterprise Value 2.67b / FCF TTM 12.7m)
FCF Yield = 0.48% (FCF TTM 12.7m / Enterprise Value 2.67b)
FCF Margin = 0.20% (FCF TTM 12.7m / Revenue TTM 6.40b)
Net Margin = 2.07% (Net Income TTM 132.8m / Revenue TTM 6.40b)
Gross Margin = 15.15% ((Revenue TTM 6.40b - Cost of Revenue TTM 5.43b) / Revenue TTM)
Gross Margin QoQ = 13.02% (prev 13.26%)
Tobins Q-Ratio = 0.82 (Enterprise Value 2.67b / Total Assets 3.24b)
Interest Expense / Debt = 1.15% (Interest Expense 6.02m / Debt 522.2m)
Taxrate = 38.95% (5.57m / 14.3m)
NOPAT = 123.2m (EBIT 201.8m * (1 - 38.95%))
Current Ratio = 3.36 (Total Current Assets 1.65b / Total Current Liabilities 493.1m)
Debt / Equity = 0.25 (Debt 522.2m / totalStockholderEquity, last quarter 2.07b)
Debt / EBITDA = 0.12 (Net Debt 45.0m / EBITDA 361.8m)
Debt / FCF = 3.54 (Net Debt 45.0m / FCF TTM 12.7m)
Total Stockholder Equity = 2.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.02% (Net Income 132.8m / Total Assets 3.24b)
RoE = 6.25% (Net Income TTM 132.8m / Total Stockholder Equity 2.12b)
RoCE = 7.85% (EBIT 201.8m / Capital Employed (Equity 2.12b + L.T.Debt 445.4m))
RoIC = 4.79% (NOPAT 123.2m / Invested Capital 2.57b)
WACC = 8.85% (E(2.62b)/V(3.15b) * Re(10.47%) + D(522.2m)/V(3.15b) * Rd(1.15%) * (1-Tc(0.39)))
Discount Rate = 10.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.88%
[DCF] Terminal Value 66.89% ; FCFF base≈91.1m ; Y1≈59.8m ; Y5≈27.4m
[DCF] Fair Price = 11.89 (EV 471.4m - Net Debt 45.0m = Equity 426.4m / Shares 35.9m; r=8.85% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -91.24 | EPS CAGR: -56.93% | SUE: -2.33 | # QB: 0
Revenue Correlation: -71.08 | Revenue CAGR: -11.68% | SUE: 0.31 | # QB: 0
EPS next Quarter (2026-06-30): EPS=1.25 | Chg7d=+0.025 | Chg30d=+0.020 | Revisions Net=+2 | Analysts=6
EPS current Year (2026-12-31): EPS=3.85 | Chg7d=+0.106 | Chg30d=-0.090 | Revisions Net=-2 | Growth EPS=+9.1% | Growth Revenue=+2.6%
EPS next Year (2027-12-31): EPS=5.54 | Chg7d=+0.084 | Chg30d=-0.436 | Revisions Net=-1 | Growth EPS=+43.9% | Growth Revenue=+4.8%
[Analyst] Revisions Ratio: +0.33 (4 Up / 2 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.6% (Discount Rate 10.5% - Earnings Yield 4.8%)
[Growth] Growth Spread = -3.8% (Analyst 1.9% - Implied 5.6%)