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%)
We assign a fundamental rating of 5 out of 10 to BCC. 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
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
Looking at the Return On Assets, with a value of 7.61%, BCC is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
BCC has a Return On Equity (12.19%) which is comparable to the rest of the industry.
The Return On Invested Capital of BCC (9.24%) is better than 69.39% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital 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
BCC's Profit Margin of 4.00% is in line compared to the rest of the industry. BCC outperforms 53.06% of its industry peers.
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 Gross Margin of 18.22%. This is amonst the worse of the industry: BCC underperforms 83.67% 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
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
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
BCC has an Altman-Z score of 4.72. This indicates that BCC is financially healthy and has little risk of bankruptcy at the moment.
BCC's Altman-Z score of 4.72 is amongst the best of the industry. BCC outperforms 81.63% of its industry peers.
A Debt/Equity ratio of 0.21 indicates that BCC is not too dependend on debt financing.
BCC's Debt to Equity ratio of 0.21 is fine compared to the rest of the industry. BCC outperforms 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 has a better Current ratio (2.96) 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%.
The Earnings Per Share has been growing by 35.93% on average over the past years. This is a very strong growth
BCC shows a decrease in Revenue. In the last year, the revenue decreased by -5.26%.
BCC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.69% yearly.
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 -5.48% yearly.
Based on estimates for the next years, BCC will show a small growth in Revenue. The Revenue will grow by 0.77% on average per year.
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.
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
With a Price/Earnings ratio of 10.43, the valuation of BCC can be described as very reasonable.
Based on the Price/Earnings ratio, BCC is valued cheaply inside the industry as 91.84% of the companies are valued more expensively.
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.
Based on the Price/Forward Earnings ratio of 11.81, the valuation of BCC can be described as reasonable.
Based on the Price/Forward Earnings ratio, BCC is valued cheaply inside the industry as 83.67% of the companies are valued more expensively.
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 | 5.28 |
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 -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 2.84.
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 | 1.24% |
5.2 History
The dividend of BCC is nicely growing with an annual growth rate of 33.47%!
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 Change0.06%
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)-9.24%
EPS NQ rev (1m)-18.68%
EPS NQ rev (3m)-54.34%
EPS NY rev (1m)-5.54%
EPS NY rev (3m)-28.6%
Revenue NQ rev (1m)-1.25%
Revenue NQ rev (3m)-5.74%
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 | 5.28 |
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%