BOISE CASCADE CO (BCC) Stock Fundamental Analysis
USA - NYSE:BCC - US09739D1000 - Common Stock
71.03 USD
+0.19 (+0.27%)
71.03 USD
0 (0%)
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. While BCC belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. BCC has a valuation in line with the averages, but it does not seem to be growing.
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.
BCC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of BCC (7.61%) is better than 71.43% of its industry peers.
BCC's Return On Equity of 12.19% is in line compared to the rest of the industry. BCC outperforms 57.14% of 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.
The Average Return On Invested Capital over the past 3 years for BCC is significantly above the industry average of 10.04%.
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.
The Operating Margin of BCC (5.26%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of BCC has grown nicely.
With a Gross Margin value of 18.22%, BCC is not doing good in the industry: 83.67% of the companies in the same industry are doing better.
BCC's Gross Margin has improved in the last couple of years.
| 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
BCC has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, BCC has less shares outstanding
BCC has less shares outstanding than it did 5 years ago.
BCC has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.72 indicates that BCC is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.72, BCC belongs to the top of the industry, outperforming 81.63% of the companies in the same industry.
BCC has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of BCC (0.21) is better than 67.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.72 |
ROIC/WACC1.01
WACC9.14%
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.
BCC's Current ratio of 2.96 is fine compared to the rest of the industry. BCC outperforms 77.55% of its industry peers.
BCC has a Quick Ratio of 1.54. This is a normal value and indicates that BCC is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.54, BCC is doing good in 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
The earnings per share for BCC have decreased strongly by -40.63% in the last year.
Measured over the past years, BCC shows a very strong growth in Earnings Per Share. The EPS has been growing by 35.93% on average per year.
Looking at the last year, BCC shows a decrease in Revenue. The Revenue has decreased by -5.26% in the last year.
Measured over the past years, BCC shows a small growth in Revenue. The Revenue has been growing by 7.69% on average per year.
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 -5.48% on average per year.
The Revenue is expected to grow by 0.77% on average over the next years.
EPS Next Y-52.54%
EPS Next 2Y-20.68%
EPS Next 3Y-5.48%
EPS Next 5YN/A
Revenue Next Year-4.47%
Revenue Next 2Y-0.31%
Revenue Next 3Y0.77%
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 10.43.
BCC's Price/Earnings ratio is rather cheap when compared to the industry. BCC is cheaper than 91.84% of the companies in the same industry.
When comparing the Price/Earnings ratio of BCC to the average of the S&P500 Index (27.40), we can say BCC is valued rather cheaply.
With a Price/Forward Earnings ratio of 11.81, the valuation of BCC can be described as very reasonable.
81.63% of the companies in the same industry are more expensive than BCC, based on the Price/Forward Earnings ratio.
BCC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.43 | ||
| Fwd PE | 11.81 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BCC indicates a rather cheap valuation: BCC is cheaper than 97.96% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.3 |
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 -5.48% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y-20.68%
EPS Next 3Y-5.48%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.24%, BCC has a reasonable but not impressive dividend return.
BCC's Dividend Yield is a higher than the industry average which is at 2.15.
With a Dividend Yield of 1.24, BCC pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
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
86.98% of the earnings are spent on dividend by BCC. This is not a sustainable payout ratio.
The Dividend Rate of BCC has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP86.98%
EPS Next 2Y-20.68%
EPS Next 3Y-5.48%
71.03
+0.19 (+0.27%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners97.81%
Inst Owner Change0.05%
Ins Owners0.96%
Ins Owner Change-0.6%
Market Cap2.65B
Analysts70.91
Price Target103.53 (45.76%)
Short Float %2.78%
Short Ratio2.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
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)-2.09%
PT rev (3m)-7.73%
EPS NQ rev (1m)-36.8%
EPS NQ rev (3m)-64.52%
EPS NY rev (1m)-5.54%
EPS NY rev (3m)-28.6%
Revenue NQ rev (1m)-2.32%
Revenue NQ rev (3m)-6.77%
Revenue NY rev (1m)-0.67%
Revenue NY rev (3m)-3.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.43 | ||
| Fwd PE | 11.81 | ||
| P/S | 0.4 | ||
| P/FCF | N/A | ||
| P/OCF | 9.69 | ||
| P/B | 1.23 | ||
| P/tB | 1.46 | ||
| EV/EBITDA | 5.3 |
EPS(TTM)6.81
EY9.59%
EPS(NY)6.01
Fwd EY8.47%
FCF(TTM)-0.37
FCFYN/A
OCF(TTM)7.33
OCFY10.33%
SpS175.62
BVpS57.63
TBVpS48.67
PEG (NY)N/A
PEG (5Y)0.29
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 | 4.72 |
F-Score5
WACC9.14%
ROIC/WACC1.01
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-52.54%
EPS Next 2Y-20.68%
EPS Next 3Y-5.48%
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-4.47%
Revenue Next 2Y-0.31%
Revenue Next 3Y0.77%
Revenue Next 5YN/A
EBIT growth 1Y-41.18%
EBIT growth 3Y-20.41%
EBIT growth 5Y29.13%
EBIT Next Year-23.82%
EBIT Next 3Y3.53%
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%