BOISE CASCADE CO (BCC) Stock Fundamental Analysis
USA - NYSE:BCC - US09739D1000 - Common Stock
76.65 USD
-1.08 (-1.39%)
76.8 USD
+0.15 (+0.2%)
Taking everything into account, BCC scores 5 out of 10 in our fundamental rating. BCC was compared to 49 industry peers in the Trading Companies & Distributors industry. BCC has an excellent profitability rating, but there are some minor concerns on its financial health. BCC has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year BCC was profitable.
BCC had a positive operating cash flow in the past year.
BCC had positive earnings in each of the past 5 years.
Each year in the past 5 years BCC had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 7.61%, BCC is doing good in the industry, outperforming 71.43% of the companies in the same industry.
BCC has a Return On Equity (12.19%) which is in line with its industry peers.
BCC's Return On Invested Capital of 9.24% is fine compared to the rest of the industry. BCC outperforms 69.39% of its industry peers.
BCC had an Average Return On Invested Capital over the past 3 years of 20.56%. This is significantly above the industry average of 10.06%.
The 3 year average ROIC (20.56%) for BCC is well above the current ROIC(9.24%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.61% | ||
| ROE | 12.19% | ||
| ROIC | 9.24% |
ROA(3y)17.21%
ROA(5y)17.64%
ROE(3y)27.07%
ROE(5y)30.89%
ROIC(3y)20.56%
ROIC(5y)23.38%
1.3 Margins
Looking at the Profit Margin, with a value of 4.00%, BCC is in line with its industry, outperforming 53.06% of the companies in the same industry.
In the last couple of years the Profit Margin of BCC has grown nicely.
BCC has a Operating Margin of 5.26%. This is comparable to the rest of the industry: BCC outperforms 40.82% of its industry peers.
In the last couple of years the Operating Margin of BCC has grown nicely.
BCC has a worse Gross Margin (18.22%) than 83.67% of its industry peers.
In the last couple of years the Gross Margin of BCC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.26% | ||
| PM (TTM) | 4% | ||
| GM | 18.22% |
OM growth 3Y-15.92%
OM growth 5Y19.91%
PM growth 3Y-14.61%
PM growth 5Y26.29%
GM growth 3Y-1.19%
GM growth 5Y6.28%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so BCC is creating value.
BCC has less shares outstanding than it did 1 year ago.
BCC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, BCC has a worse debt to assets ratio.
2.2 Solvency
BCC has an Altman-Z score of 4.82. This indicates that BCC is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of BCC (4.82) is better than 81.63% of its industry peers.
BCC has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
BCC has a better Debt to Equity ratio (0.21) than 67.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.82 |
ROIC/WACC0.97
WACC9.57%
2.3 Liquidity
BCC has a Current Ratio of 2.96. This indicates that BCC is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of BCC (2.96) is better than 77.55% of its industry peers.
A Quick Ratio of 1.54 indicates that BCC should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.54, BCC is in the better half of the industry, outperforming 67.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.96 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
BCC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -40.63%.
BCC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 35.93% yearly.
BCC shows a decrease in Revenue. In the last year, the revenue decreased by -5.26%.
The Revenue has been growing slightly by 7.69% on average over the past years.
EPS 1Y (TTM)-40.63%
EPS 3Y-18.94%
EPS 5Y35.93%
EPS Q2Q%-42.25%
Revenue 1Y (TTM)-5.26%
Revenue growth 3Y-5.33%
Revenue growth 5Y7.69%
Sales Q2Q%-3.2%
3.2 Future
Based on estimates for the next years, BCC will show a decrease in Earnings Per Share. The EPS will decrease by -3.33% on average per year.
The Revenue is expected to grow by 1.23% on average over the next years.
EPS Next Y-49.76%
EPS Next 2Y-17.77%
EPS Next 3Y-3.33%
EPS Next 5YN/A
Revenue Next Year-3.82%
Revenue Next 2Y0.2%
Revenue Next 3Y1.23%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
BCC is valuated reasonably with a Price/Earnings ratio of 11.26.
Based on the Price/Earnings ratio, BCC is valued cheaper than 87.76% of the companies in the same industry.
BCC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.06.
The Price/Forward Earnings ratio is 11.86, which indicates a very decent valuation of BCC.
BCC's Price/Forward Earnings ratio is rather cheap when compared to the industry. BCC is cheaper than 87.76% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.64, BCC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.26 | ||
| Fwd PE | 11.86 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BCC is valued cheaply inside the industry as 97.96% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.72 |
4.3 Compensation for Growth
BCC has a very decent profitability rating, which may justify a higher PE ratio.
BCC's earnings are expected to decrease with -3.33% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.31
EPS Next 2Y-17.77%
EPS Next 3Y-3.33%
5. Dividend
5.1 Amount
BCC has a Yearly Dividend Yield of 1.08%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.72, BCC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, BCC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
5.2 History
On average, the dividend of BCC grows each year by 33.47%, which is quite nice.
BCC has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)33.47%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BCC pays out 86.98% of its income as dividend. This is not a sustainable payout ratio.
BCC's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP86.98%
EPS Next 2Y-17.77%
EPS Next 3Y-3.33%
76.65
-1.08 (-1.39%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners111.74%
Inst Owner Change-0.85%
Ins Owners0.96%
Ins Owner Change-0.6%
Market Cap2.86B
Analysts70.91
Price Target105.74 (37.95%)
Short Float %2.26%
Short Ratio2.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
Yearly Dividend5.89
Dividend Growth(5Y)33.47%
DP86.98%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.24%
Min EPS beat(2)-19.89%
Max EPS beat(2)-4.59%
EPS beat(4)0
Avg EPS beat(4)-6.73%
Min EPS beat(4)-19.89%
Max EPS beat(4)-0.71%
EPS beat(8)3
Avg EPS beat(8)-1.51%
EPS beat(12)6
Avg EPS beat(12)8.7%
EPS beat(16)10
Avg EPS beat(16)14.06%
Revenue beat(2)1
Avg Revenue beat(2)-0.56%
Min Revenue beat(2)-1.41%
Max Revenue beat(2)0.29%
Revenue beat(4)1
Avg Revenue beat(4)-0.74%
Min Revenue beat(4)-1.41%
Max Revenue beat(4)0.29%
Revenue beat(8)3
Avg Revenue beat(8)-0.11%
Revenue beat(12)5
Avg Revenue beat(12)0.15%
Revenue beat(16)9
Avg Revenue beat(16)2.33%
PT rev (1m)-3.57%
PT rev (3m)-7.3%
EPS NQ rev (1m)-11.23%
EPS NQ rev (3m)-45.75%
EPS NY rev (1m)0%
EPS NY rev (3m)-26.5%
Revenue NQ rev (1m)-0.42%
Revenue NQ rev (3m)-4.71%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-2.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.26 | ||
| Fwd PE | 11.86 | ||
| P/S | 0.44 | ||
| P/FCF | N/A | ||
| P/OCF | 10.45 | ||
| P/B | 1.33 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | 5.72 |
EPS(TTM)6.81
EY8.88%
EPS(NY)6.46
Fwd EY8.43%
FCF(TTM)-0.37
FCFYN/A
OCF(TTM)7.33
OCFY9.57%
SpS175.62
BVpS57.63
TBVpS48.67
PEG (NY)N/A
PEG (5Y)0.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.61% | ||
| ROE | 12.19% | ||
| ROCE | 12.32% | ||
| ROIC | 9.24% | ||
| ROICexc | 11.16% | ||
| ROICexgc | 13.04% | ||
| OM | 5.26% | ||
| PM (TTM) | 4% | ||
| GM | 18.22% | ||
| FCFM | N/A |
ROA(3y)17.21%
ROA(5y)17.64%
ROE(3y)27.07%
ROE(5y)30.89%
ROIC(3y)20.56%
ROIC(5y)23.38%
ROICexc(3y)31.07%
ROICexc(5y)35.84%
ROICexgc(3y)37.77%
ROICexgc(5y)41.09%
ROCE(3y)27.41%
ROCE(5y)31.18%
ROICexcg growth 3Y-31.63%
ROICexcg growth 5Y14.19%
ROICexc growth 3Y-34.18%
ROICexc growth 5Y11.92%
OM growth 3Y-15.92%
OM growth 5Y19.91%
PM growth 3Y-14.61%
PM growth 5Y26.29%
GM growth 3Y-1.19%
GM growth 5Y6.28%
F-Score5
Asset Turnover1.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.93 | ||
| Cap/Depr | 189.41% | ||
| Cap/Sales | 4.39% | ||
| Interest Coverage | 16.92 | ||
| Cash Conversion | 55.1% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.96 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | 4.82 |
F-Score5
WACC9.57%
ROIC/WACC0.97
Cap/Depr(3y)141.55%
Cap/Depr(5y)127.1%
Cap/Sales(3y)2.64%
Cap/Sales(5y)2.14%
Profit Quality(3y)87.05%
Profit Quality(5y)92.55%
High Growth Momentum
Growth
EPS 1Y (TTM)-40.63%
EPS 3Y-18.94%
EPS 5Y35.93%
EPS Q2Q%-42.25%
EPS Next Y-49.76%
EPS Next 2Y-17.77%
EPS Next 3Y-3.33%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.26%
Revenue growth 3Y-5.33%
Revenue growth 5Y7.69%
Sales Q2Q%-3.2%
Revenue Next Year-3.82%
Revenue Next 2Y0.2%
Revenue Next 3Y1.23%
Revenue Next 5YN/A
EBIT growth 1Y-41.18%
EBIT growth 3Y-20.41%
EBIT growth 5Y29.13%
EBIT Next Year-5.95%
EBIT Next 3Y7.71%
EBIT Next 5YN/A
FCF growth 1Y-101.84%
FCF growth 3Y-28.05%
FCF growth 5Y5.09%
OCF growth 1Y-69.41%
OCF growth 3Y-13.06%
OCF growth 5Y12.28%