BOISE CASCADE CO (BCC) Stock Fundamental Analysis
USA - NYSE:BCC - US09739D1000 - Common Stock
85.12 USD
-0.56 (-0.65%)
83 USD
-2.12 (-2.49%)
Taking everything into account, BCC scores 5 out of 10 in our fundamental rating. BCC was compared to 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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
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 70.00% of its industry peers.
BCC's Return On Equity of 12.19% is in line compared to the rest of the industry. BCC outperforms 56.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.24%, BCC is in the better half of the industry, outperforming 68.00% of the companies in the same industry.
BCC had an Average Return On Invested Capital over the past 3 years of 20.56%. This is significantly above the industry average of 10.24%.
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
BCC's Profit Margin of 4.00% is in line compared to the rest of the industry. BCC outperforms 52.00% of its industry peers.
BCC's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 5.26%, BCC is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
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: 84.00% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BCC is creating value.
Compared to 1 year ago, BCC has less shares outstanding
The number of shares outstanding for BCC has been reduced compared to 5 years ago.
Compared to 1 year ago, BCC has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.97 indicates that BCC is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.97, BCC is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
A Debt/Equity ratio of 0.21 indicates that BCC is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.21, BCC is in the better half of the industry, outperforming 64.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.97 |
ROIC/WACC0.99
WACC9.3%
2.3 Liquidity
A Current Ratio of 2.96 indicates that BCC has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.96, BCC is doing good in the industry, outperforming 76.00% of the companies in the same industry.
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.
The Quick ratio of BCC (1.54) is better than 68.00% of its industry peers.
| 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
BCC is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.33% yearly.
BCC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.23% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.50, which indicates a correct valuation of BCC.
88.00% of the companies in the same industry are more expensive than BCC, based on the Price/Earnings ratio.
BCC is valuated cheaply when we compare the Price/Earnings ratio to 27.27, which is the current average of the S&P500 Index.
BCC is valuated correctly with a Price/Forward Earnings ratio of 13.17.
BCC's Price/Forward Earnings ratio is rather cheap when compared to the industry. BCC is cheaper than 82.00% of the companies in the same industry.
BCC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.77, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 13.17 |
4.2 Price Multiples
92.00% of the companies in the same industry are more expensive than BCC, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.36 |
4.3 Compensation for Growth
The decent profitability rating of BCC 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)0.35
EPS Next 2Y-17.77%
EPS Next 3Y-3.33%
5. Dividend
5.1 Amount
With a yearly dividend of 0.99%, BCC is not a good candidate for dividend investing.
BCC's Dividend Yield is a higher than the industry average which is at 2.75.
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 | 0.99% |
5.2 History
The dividend of BCC is nicely growing with an annual growth rate of 33.47%!
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
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-17.77%
EPS Next 3Y-3.33%
85.12
-0.56 (-0.65%)
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 Cap3.18B
Analysts70.91
Price Target105.74 (24.22%)
Short Float %2.26%
Short Ratio2.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
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)-24.41%
EPS NY rev (3m)-26.5%
Revenue NQ rev (1m)-0.42%
Revenue NQ rev (3m)-4.71%
Revenue NY rev (1m)-1.97%
Revenue NY rev (3m)-2.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 13.17 | ||
| P/S | 0.48 | ||
| P/FCF | N/A | ||
| P/OCF | 11.61 | ||
| P/B | 1.48 | ||
| P/tB | 1.75 | ||
| EV/EBITDA | 6.36 |
EPS(TTM)6.81
EY8%
EPS(NY)6.46
Fwd EY7.59%
FCF(TTM)-0.37
FCFYN/A
OCF(TTM)7.33
OCFY8.62%
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 | 4.97 |
F-Score5
WACC9.3%
ROIC/WACC0.99
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%