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Boise Cascade

NYSE:BCC
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BCC
NYSE
$1B
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. The last earnings update was 57 days ago. More info.


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BCC Share Price and Events
7 Day Returns
-2.8%
NYSE:BCC
-0.9%
US Forestry
-0.1%
US Market
1 Year Returns
-36.6%
NYSE:BCC
-6.1%
US Forestry
7.6%
US Market
BCC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Boise Cascade (BCC) -2.8% 3.2% 4% -36.6% 25.2% 6.5%
US Forestry -0.9% 0.9% 0.4% -6.1% 17.9% 2.7%
US Market -0.1% 3.7% 10.2% 7.6% 38.1% 46.4%
1 Year Return vs Industry and Market
  • BCC underperformed the Forestry industry which returned -6.1% over the past year.
  • BCC underperformed the Market in United States of America which returned 7.6% over the past year.
Price Volatility
BCC
Industry
5yr Volatility vs Market

BCC Value

 Is Boise Cascade undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Boise Cascade to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Boise Cascade.

NYSE:BCC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:BCC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Forestry Unlevered Beta Simply Wall St/ S&P Global 1.56
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.556 (1 + (1- 21%) (44.43%))
1.739
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.74
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.739 * 5.96%)
13.09%

Discounted Cash Flow Calculation for NYSE:BCC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Boise Cascade is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:BCC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 13.09%)
2019 76.55 Analyst x2 67.69
2020 102.40 Analyst x1 80.06
2021 111.44 Est @ 8.83% 77.05
2022 119.24 Est @ 7% 72.89
2023 126.06 Est @ 5.72% 68.14
2024 132.14 Est @ 4.82% 63.16
2025 137.68 Est @ 4.19% 58.19
2026 142.85 Est @ 3.76% 53.38
2027 147.78 Est @ 3.45% 48.83
2028 152.55 Est @ 3.23% 44.57
Present value of next 10 years cash flows $633.97
NYSE:BCC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $152.55 × (1 + 2.73%) ÷ (13.09% – 2.73%)
$1,512.37
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,512.37 ÷ (1 + 13.09%)10
$441.90
NYSE:BCC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $633.97 + $441.90
$1,075.87
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,075.87 / 38.97
$27.6
NYSE:BCC Discount to Share Price
Calculation Result
Value per share (USD) From above. $27.60
Current discount Discount to share price of $26.64
= -1 x ($26.64 - $27.60) / $27.60
3.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Boise Cascade is available for.
Intrinsic value
3%
Share price is $26.64 vs Future cash flow value of $27.6
Current Discount Checks
For Boise Cascade to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Boise Cascade's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Boise Cascade's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Boise Cascade's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Boise Cascade's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:BCC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.53
NYSE:BCC Share Price ** NYSE (2019-04-23) in USD $26.64
United States of America Forestry Industry PE Ratio Median Figure of 10 Publicly-Listed Forestry Companies 9.21x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 18.03x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Boise Cascade.

NYSE:BCC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:BCC Share Price ÷ EPS (both in USD)

= 26.64 ÷ 0.53

50.65x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Boise Cascade is overvalued based on earnings compared to the US Forestry industry average.
  • Boise Cascade is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Boise Cascade's expected growth come at a high price?
Raw Data
NYSE:BCC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 50.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
35.4%per year
United States of America Forestry Industry PEG Ratio Median Figure of 8 Publicly-Listed Forestry Companies 1.01x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.55x

*Line of best fit is calculated by linear regression .

NYSE:BCC PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 50.65x ÷ 35.4%

1.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Boise Cascade is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Boise Cascade's assets?
Raw Data
NYSE:BCC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $17.38
NYSE:BCC Share Price * NYSE (2019-04-23) in USD $26.64
United States of America Forestry Industry PB Ratio Median Figure of 15 Publicly-Listed Forestry Companies 1.18x
United States of America Market PB Ratio Median Figure of 5,185 Publicly-Listed Companies 1.92x
NYSE:BCC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:BCC Share Price ÷ Book Value per Share (both in USD)

= 26.64 ÷ 17.38

1.53x

* Primary Listing of Boise Cascade.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Boise Cascade is overvalued based on assets compared to the US Forestry industry average.
X
Value checks
We assess Boise Cascade's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Forestry industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Forestry industry average (and greater than 0)? (1 check)
  5. Boise Cascade has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BCC Future Performance

 How is Boise Cascade expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
35.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Boise Cascade expected to grow at an attractive rate?
  • Boise Cascade's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Boise Cascade's earnings growth is expected to exceed the United States of America market average.
  • Boise Cascade's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:BCC Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:BCC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 35.4%
NYSE:BCC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 2.5%
United States of America Forestry Industry Earnings Growth Rate Market Cap Weighted Average 9.2%
United States of America Forestry Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.5%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:BCC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:BCC Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 5,384 71 1
2020-12-31 5,230 166 98 6
2019-12-31 4,989 166 88 6
NYSE:BCC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 4,995 164 20
2018-09-30 5,021 154 112
2018-06-30 4,910 208 130
2018-03-31 4,640 171 110
2017-12-31 4,432 152 83
2017-09-30 4,260 156 68
2017-06-30 4,100 137 46
2017-03-31 4,005 110 43
2016-12-31 3,911 152 38
2016-09-30 3,868 116 36
2016-06-30 3,793 107 49
2016-03-31 3,704 97 50

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Boise Cascade's earnings are expected to grow significantly at over 20% yearly.
  • Boise Cascade's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:BCC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Boise Cascade Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:BCC Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.82 1.82 1.82 1.00
2020-12-31 2.50 3.87 1.95 4.00
2019-12-31 2.27 3.36 1.86 4.00
NYSE:BCC Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.53
2018-09-30 2.88
2018-06-30 3.34
2018-03-31 2.84
2017-12-31 2.15
2017-09-30 1.76
2017-06-30 1.20
2017-03-31 1.12
2016-12-31 0.99
2016-09-30 0.94
2016-06-30 1.25
2016-03-31 1.27

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Boise Cascade is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Boise Cascade's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Boise Cascade has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BCC Past Performance

  How has Boise Cascade performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Boise Cascade's growth in the last year to its industry (Forestry).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Boise Cascade's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Boise Cascade's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Boise Cascade's 1-year earnings growth is negative, it can't be compared to the US Forestry industry average.
Earnings and Revenue History
Boise Cascade's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Boise Cascade Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:BCC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 4,995.29 20.48 456.95
2018-09-30 5,021.45 111.85 451.90
2018-06-30 4,909.58 129.66 433.91
2018-03-31 4,640.39 109.99 402.63
2017-12-31 4,431.99 82.96 390.51
2017-09-30 4,259.56 67.93 379.70
2017-06-30 4,100.13 46.25 369.92
2017-03-31 4,004.96 43.32 364.47
2016-12-31 3,911.22 38.25 360.14
2016-09-30 3,868.22 36.49 351.91
2016-06-30 3,792.58 48.51 341.63
2016-03-31 3,704.21 49.52 329.44
2015-12-31 3,633.42 52.18 322.73
2015-09-30 3,618.93 65.60 316.25
2015-06-30 3,610.67 75.87 318.12
2015-03-31 3,616.46 82.06 316.96
2014-12-31 3,573.73 80.01 312.66
2014-09-30 3,510.03 74.10 308.85
2014-06-30 3,404.69 57.67 302.07
2014-03-31 3,295.80 41.67 293.32
2013-12-31 3,273.50 116.94 290.77
2013-09-30 3,169.73 108.39 285.92
2013-06-30 3,056.35 116.03 281.56
2013-03-31 2,936.95 120.66 282.37
2012-12-31 2,779.06 41.50 278.18
2012-09-30 2,631.92 26.43 269.23

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Boise Cascade has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Boise Cascade used its assets less efficiently than the US Forestry industry average last year based on Return on Assets.
  • Boise Cascade has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Boise Cascade's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Forestry industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Boise Cascade has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BCC Health

 How is Boise Cascade's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Boise Cascade's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Boise Cascade is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Boise Cascade's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Boise Cascade's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Boise Cascade Company Filings, last reported 3 months ago.

NYSE:BCC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 672.59 461.35 191.67
2018-09-30 747.76 461.25 181.34
2018-06-30 768.19 456.67 210.01
2018-03-31 707.05 456.49 134.68
2017-12-31 674.55 438.31 177.14
2017-09-30 649.31 438.03 172.19
2017-06-30 614.30 438.20 104.71
2017-03-31 589.45 437.90 43.57
2016-12-31 580.00 437.63 103.98
2016-09-30 572.47 582.38 131.18
2016-06-30 560.02 466.19 96.09
2016-03-31 538.32 474.78 81.19
2015-12-31 534.67 344.59 184.50
2015-09-30 536.98 351.26 212.78
2015-06-30 530.60 351.31 194.93
2015-03-31 501.94 301.36 134.52
2014-12-31 492.39 294.27 163.55
2014-09-30 521.03 301.47 169.97
2014-06-30 486.81 301.52 129.92
2014-03-31 458.92 301.57 85.99
2013-12-31 452.48 301.61 118.25
2013-09-30 379.96 326.69 157.02
2013-06-30 461.96 250.00 232.67
2013-03-31 449.43 250.00 233.55
2012-12-31 97.76 275.00 45.89
2012-09-30 326.21 219.56 224.42
  • Boise Cascade's level of debt (68.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (66.6% vs 68.6% today).
  • Debt is well covered by operating cash flow (35.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.8x coverage).
X
Financial health checks
We assess Boise Cascade's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Boise Cascade has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BCC Dividends

 What is Boise Cascade's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.35%
Current annual income from Boise Cascade dividends. Estimated to be 1.42% next year.
If you bought $2,000 of Boise Cascade shares you are expected to receive $27 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Boise Cascade's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • Boise Cascade's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:BCC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
United States of America Forestry Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 2.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:BCC Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.44 1.00
2020-12-31 0.37 3.00
2019-12-31 0.36 3.00
NYSE:BCC Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-06 0.360 1.308
2018-11-02 0.360 1.392
2018-08-03 0.280 0.731
2018-05-03 0.280 0.621
2018-02-07 0.280 0.684

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Boise Cascade has stable dividend payments.
  • Boise Cascade only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Boise Cascade's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.8x coverage).
X
Income/ dividend checks
We assess Boise Cascade's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Boise Cascade afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Boise Cascade has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BCC Management

 What is the CEO of Boise Cascade's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tom Corrick
COMPENSATION $3,860,499
AGE 63
TENURE AS CEO 4.1 years
CEO Bio

Mr. Thomas Kevin Corrick, also known as Tom, has been the Chief Executive Officer of Boise Cascade company since March 6, 2015. Mr. Corrick served as the Chief Operating Officer at Boise Cascade Holdings LLC. He served as the Chief Operating Officer of Boise Cascade Company since November 5, 2014 until March 2015. He served as an Executive Vice President of Wood Products at Boise Cascade Holdings LLC since June, 2014. He served as a Senior Vice President of Wood Products Manufacturing at Boise Cascade Holdings LLC since February 2011. He served as Senior Vice President of Wood Products Manufacturing at Boise Cascade company from August 2012 to May 8, 2014. He served as a Vice President of Engineered Wood Products at Boise Cascade Holdings, LLC from January 2005 to February 2011 and the General Manager of Engineered Wood Products from March 1999 to January 2005. From 1992 to 1999, he served as a Financial Manager for Wood Products at Boise. He joined Boise Cascade in 1980 and worked in a variety of positions in finance and planning prior to 1993. He has been a Director of Boise Cascade company since February 24, 2016. Mr. Corrick received both his Bachelor's and Master's degrees in Business Administration from the Texas Christian University, Fort Worth, TX..

CEO Compensation
  • Tom's compensation has been consistent with company performance over the past year.
  • Tom's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Boise Cascade management team in years:

3.2
Average Tenure
56
Average Age
  • The tenure for the Boise Cascade management team is about average.
Management Team

Tom Corrick

TITLE
CEO & Director
COMPENSATION
$4M
AGE
63
TENURE
4.1 yrs

Wayne Rancourt

TITLE
Executive VP
COMPENSATION
$2M
AGE
55
TENURE
9.7 yrs

Nick Stokes

TITLE
Executive Vice President of Building Materials Distribution
COMPENSATION
$1M
AGE
61
TENURE
8.2 yrs

Nate Jorgensen

TITLE
Chief Operating Officer
AGE
53
TENURE
0.3 yrs

Jill Twedt

TITLE
VP, General Counsel & Corporate Secretary
AGE
38
TENURE
0.3 yrs

Erin Nuxoll

TITLE
Senior Vice President of Human Resources
AGE
58
TENURE
0.3 yrs

Rich Viola

TITLE
Senior Vice President of Sales & Marketing - Building Materials Distribution
AGE
60
TENURE
3.2 yrs

Mike Brown

TITLE
Executive Vice President of Wood Products Division
AGE
56
TENURE
1.4 yrs

Kelly Hibbs

TITLE
VP & Controller
AGE
52
TENURE
8.2 yrs
Board of Directors Tenure

Average tenure and age of the Boise Cascade board of directors in years:

4.8
Average Tenure
64.5
Average Age
  • The tenure for the Boise Cascade board of directors is about average.
Board of Directors

Thomas Carlile

TITLE
Chairman
COMPENSATION
$275K
AGE
67
TENURE
4.1 yrs

Tom Corrick

TITLE
CEO & Director
COMPENSATION
$4M
AGE
63
TENURE
3.2 yrs

Chris McGowan

TITLE
Independent Director
COMPENSATION
$175K
AGE
47
TENURE
6.2 yrs

Karen Gowland

TITLE
Independent Director
COMPENSATION
$173K
AGE
59
TENURE
5.3 yrs

Mack Hogans

TITLE
Lead Independent Director
COMPENSATION
$188K
AGE
69

Duane McDougall

TITLE
Independent Director
COMPENSATION
$160K
AGE
66
TENURE
6.2 yrs

Rick Fleming

TITLE
Independent Director
COMPENSATION
$160K
AGE
71
TENURE
6.2 yrs

Kris Matula

TITLE
Independent Director
COMPENSATION
$165K
AGE
56
TENURE
4.8 yrs

David Hannah

TITLE
Independent Director
COMPENSATION
$160K
AGE
66
TENURE
4.4 yrs

Steve Cooper

TITLE
Independent Director
COMPENSATION
$165K
AGE
55
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
08. Aug 18 Sell Daniel Hutchinson Individual 07. Aug 18 07. Aug 18 -13,671 $43.79 $-598,680
08. Aug 18 Sell John Sahlberg Individual 08. Aug 18 08. Aug 18 -7,815 $43.99 $-343,809
08. May 18 Sell Daniel Hutchinson Individual 07. May 18 07. May 18 -14,449 $42.80 $-616,587
X
Management checks
We assess Boise Cascade's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Boise Cascade has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BCC News

Simply Wall St News

Could Boise Cascade Company (NYSE:BCC) Have The Makings Of Another Dividend Aristocrat?

Today we'll take a closer look at Boise Cascade Company (NYSE:BCC) from a dividend investor's perspective. … Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations. … NYSE:BCC Historical Dividend Yield, April 23rd 2019

Simply Wall St -

How Does Boise Cascade Company (NYSE:BCC) Affect Your Portfolio Volatility?

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Are Boise Cascade Company’s (NYSE:BCC) Returns Worth Your While?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

The Boise Cascade (NYSE:BCC) Share Price Has Gained 44% And Shareholders Are Hoping For More

For example, the Boise Cascade Company (NYSE:BCC) share price is up 44% in the last three years, slightly above the market return. … During the three years of share price growth, Boise Cascade actually saw its earnings per share (EPS) drop 27% per year. … In that case, the company may be sacrificing current earnings per share to drive growth, and maybe shareholder's faith in better days ahead will be rewarded.

Simply Wall St -

Is It Time To Consider Buying Boise Cascade Company (NYSE:BCC)?

Boise Cascade Company (NYSE:BCC), which is in the forestry business, and is based in United States,. … As a stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Let’s take a look at Boise Cascade’s outlook and value based on the most recent financial data to see if the opportunity still exists

Simply Wall St -

Is Boise Cascade Company (NYSE:BCC) A Financially Sound Company?

While small-cap stocks, such as Boise Cascade Company (NYSE:BCC) with its market cap of US$1.1b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Is Boise Cascade Company's (NYSE:BCC) ROE Of 17% Impressive?

We'll use ROE to examine Boise Cascade Company (NYSE:BCC), by way of a worked example. … Our data shows Boise Cascade has a return on equity of 17% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

A Look At The Intrinsic Value Of Boise Cascade Company (NYSE:BCC)

How far off is Boise Cascade Company (NYSE:BCC) from its intrinsic value? … by projecting its future cash flows and then discounting them to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Why Boise Cascade Company (NYSE:BCC) Could Be Your Next Investment

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … is a company with great financial health as well as a.

Simply Wall St -

Before You Buy Boise Cascade Company's (NYSE:BCC), Consider This

If you're interested in Boise Cascade Company (NYSE:BCC), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

BCC Company Info

Description

Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. It operates in two segments, Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber and laminated beams used in headers and beams; I-joists for residential and commercial flooring and roofing systems, and other structural applications; and structural, appearance, and industrial plywood panels. This segment’s products are used in new residential construction, residential repair-and-remodeling projects, light commercial construction, and industrial applications. It sells its products to wholesalers, home improvement centers, retail lumberyards, and industrial converters. The Building Materials Distribution segment distributes a line of building materials, including engineered wood products, oriented strand boards, plywood, and lumber; and general line items, such as siding, metal products, insulation, roofing, and composite decking. Its products are used in the construction of new residential housing, including single-family, multi-family, and manufactured homes; the repair and remodeling of existing housing; the construction of light industrial and commercial buildings; and other industrial applications. This segment sells its products to retail lumberyards, home improvement centers, and specialty distributors. The company was founded in 2004 and is headquartered in Boise, Idaho.

Details
Name: Boise Cascade Company
BCC
Exchange: NYSE
Founded: 2004
$1,038,276,284
38,974,335
Website: http://www.bc.com
Address: Boise Cascade Company
1111 West Jefferson Street,
Suite 300,
Boise,
Idaho, 83702,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE BCC Common Stock New York Stock Exchange US USD 06. Feb 2013
DB BC0 Common Stock Deutsche Boerse AG DE EUR 06. Feb 2013
Number of employees
Current staff
Staff numbers
6,210
Boise Cascade employees.
Industry
Forest Products
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 00:38
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/04/18
Last earnings filing: 2019/02/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.