BOISE CASCADE CO (BCC) Stock Fundamental Analysis
NYSE:BCC - US09739D1000 - Common Stock
85.78 USD
-1.22 (-1.4%)
85.78 USD
0 (0%)
BCC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 50 industry peers in the Trading Companies & Distributors industry. BCC scores excellent on profitability, but there are some minor concerns on its financial health. BCC is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BCC had positive earnings in the past year.
BCC had a positive operating cash flow in the past year.
In the past 5 years BCC has always been profitable.
BCC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BCC has a Return On Assets of 7.61%. This is in the better half of the industry: BCC outperforms 72.00% of its industry peers.
The Return On Equity of BCC (12.19%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 9.24%, BCC is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BCC is significantly above the industry average of 9.98%.
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
With a Profit Margin value of 4.00%, BCC perfoms like the industry average, outperforming 54.00% 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.
BCC's Operating Margin has improved in the last couple of years.
BCC has a Gross Margin of 18.22%. This is amonst the worse of the industry: BCC underperforms 84.00% of its industry peers.
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
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.
The debt/assets ratio for BCC is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.00 indicates that BCC is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 5.00, BCC is doing good in the industry, outperforming 80.00% 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.
With a decent Debt to Equity ratio value of 0.21, BCC is doing good in the industry, outperforming 66.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 5 |
ROIC/WACC0.96
WACC9.59%
2.3 Liquidity
A Current Ratio of 2.96 indicates that BCC has no problem at all paying its short term obligations.
The Current ratio of BCC (2.96) is better than 78.00% of its industry peers.
A Quick Ratio of 1.54 indicates that BCC should not have too much problems paying its short term obligations.
BCC has a Quick ratio of 1.54. This is in the better half of the industry: BCC outperforms 68.00% of its industry peers.
| 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.
The Earnings Per Share has been growing by 35.93% on average over the past years. This is a very strong growth
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
BCC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.33% yearly.
Based on estimates for the next years, BCC will show a small growth in Revenue. The Revenue will grow by 1.23% on average per year.
EPS Next Y-49.76%
EPS Next 2Y-17.77%
EPS Next 3Y-3.33%
EPS Next 5YN/A
Revenue Next Year-3.61%
Revenue Next 2Y0.1%
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 correctly with a Price/Earnings ratio of 12.60.
88.00% of the companies in the same industry are more expensive than BCC, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.90, BCC is valued rather cheaply.
The Price/Forward Earnings ratio is 13.27, which indicates a correct valuation of BCC.
82.00% 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 22.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.6 | ||
| Fwd PE | 13.27 |
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 92.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.5 |
4.3 Compensation for Growth
The decent profitability rating of BCC may justify a higher PE ratio.
A cheap valuation may be justified as BCC's earnings are expected to decrease with -3.33% in the coming years.
PEG (NY)N/A
PEG (5Y)0.35
EPS Next 2Y-17.77%
EPS Next 3Y-3.33%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.01%, BCC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.69, BCC pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, BCC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
5.2 History
On average, the dividend of BCC grows each year by 33.47%, which is quite nice.
BCC has been paying a dividend for at least 10 years, so it has 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%
85.78
-1.22 (-1.4%)
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 Change1.29%
Market Cap3.20B
Analysts70.91
Price Target105.74 (23.27%)
Short Float %2.69%
Short Ratio2.59
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
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)-5.76%
PT rev (3m)-12.76%
EPS NQ rev (1m)-40.97%
EPS NQ rev (3m)-56.33%
EPS NY rev (1m)-24.41%
EPS NY rev (3m)-26.5%
Revenue NQ rev (1m)-3.16%
Revenue NQ rev (3m)-6.23%
Revenue NY rev (1m)-1.76%
Revenue NY rev (3m)-2.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.6 | ||
| Fwd PE | 13.27 | ||
| P/S | 0.49 | ||
| P/FCF | N/A | ||
| P/OCF | 11.7 | ||
| P/B | 1.49 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 6.5 |
EPS(TTM)6.81
EY7.94%
EPS(NY)6.46
Fwd EY7.54%
FCF(TTM)-0.37
FCFYN/A
OCF(TTM)7.33
OCFY8.55%
SpS175.62
BVpS57.63
TBVpS48.67
PEG (NY)N/A
PEG (5Y)0.35
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 | 5 |
F-Score5
WACC9.59%
ROIC/WACC0.96
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-3.61%
Revenue Next 2Y0.1%
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%