NYSE:BCC

Stock Analysis Report

Executive Summary

Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada.

Snowflake

Fundamentals

Moderate growth potential with mediocre balance sheet.

Risks

  • Boise Cascade has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Boise Cascade's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.7%

NYSE:BCC

3.0%

US Forestry

0.9%

US Market


1 Year Return

-34.3%

NYSE:BCC

-22.4%

US Forestry

0.3%

US Market

BCC underperformed the Forestry industry which returned -21.9% over the past year.

BCC underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

BCCIndustryMarket
7 Day4.7%3.0%0.9%
30 Day17.1%-7.1%-1.9%
90 Day25.3%-7.0%1.6%
1 Year-32.0%-34.3%-19.6%-22.4%2.6%0.3%
3 Year25.1%20.3%12.5%4.5%41.0%31.8%
5 Year4.4%0.4%5.2%-5.8%55.2%38.0%

Price Volatility Vs. Market

How volatile is Boise Cascade's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

1.69x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Boise Cascade's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Boise Cascade's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Boise Cascade is loss making, we can't compare its value to the US Forestry industry average.

Boise Cascade is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Boise Cascade, we can't assess if its growth is good value.


Price Based on Value of Assets

Boise Cascade is overvalued based on assets compared to the US Forestry industry average.


Next Steps

Future Growth

How is Boise Cascade expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

41.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Boise Cascade's revenue is expected to grow by 3.9% yearly, however this is not considered high growth (20% yearly).

Boise Cascade's earnings are expected to grow significantly at over 20% yearly.

Boise Cascade's revenue growth is positive but not above the United States of America market average.

Boise Cascade's earnings growth is expected to exceed the United States of America market average.

Boise Cascade's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Boise Cascade will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Boise Cascade performed over the past 5 years?

-8.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Boise Cascade does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Boise Cascade's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Boise Cascade's 1-year growth to the US Forestry industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Boise Cascade has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

Boise Cascade used its assets less efficiently than the US Forestry industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Boise Cascade improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Boise Cascade's financial position?


Financial Position Analysis

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.


Debt to Equity History and Analysis

Boise Cascade's level of debt (62.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (61.9% vs 62.4% today).

Debt is well covered by operating cash flow (32.3%, greater than 20% of total debt).

Boise Cascade is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.4x debt.


Next Steps

Dividend

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

1.26%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Boise Cascade before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Boise Cascade's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Boise Cascade's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Whilst dividend payments have been stable, Boise Cascade has been paying a dividend for less than 10 years.

Dividend payments have increased, but Boise Cascade only paid a dividend in the past 2 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

3.5yrs

Average management tenure


CEO

Tom Corrick (64yo)

4.4yrs

Tenure

US$3,860,499

Compensation

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 L ...


CEO Compensation Analysis

Tom's remuneration is higher than average for companies of similar size in United States of America.

Tom's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.5yrs

Average Tenure

57yo

Average Age

The tenure for the Boise Cascade management team is about average.


Board Age and Tenure

5.1yrs

Average Tenure

65.5yo

Average Age

The tenure for the Boise Cascade board of directors is about average.


Insider Trading

Boise Cascade individual insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

SellUS$118,04209 Aug 19
Dean Brown
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Wood Products Division
Shares3,947
Max PriceUS$29.91
BuyUS$80,93231 May 19
Kristopher Matula
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,500
Max PriceUS$23.12

Ownership Breakdown


Management Team

  • Nick Stokes (62yo)

    Executive Vice President of Building Materials Distribution

    • Tenure: 8.5yrs
    • Compensation: US$1.45m
  • Erin Nuxoll (59yo)

    Senior Vice President of Human Resources

    • Tenure: 0.6yrs
  • Wayne Rancourt (56yo)

    Executive VP

    • Tenure: 10.0yrs
    • Compensation: US$1.60m
  • Tom Corrick (64yo)

    CEO & Director

    • Tenure: 4.4yrs
    • Compensation: US$3.86m
  • Kelly Hibbs (53yo)

    VP & Controller

    • Tenure: 8.5yrs
  • Rich Viola (61yo)

    Senior Vice President of Sales & Marketing - Building Materials Distribution

    • Tenure: 3.5yrs
  • Mike Brown (57yo)

    Executive Vice President of Wood Products Division

    • Tenure: 1.8yrs
  • Nate Jorgensen (54yo)

    Chief Operating Officer

    • Tenure: 0.6yrs
  • Jill Twedt (39yo)

    VP, General Counsel & Corporate Secretary

    • Tenure: 0.6yrs

Board Members

  • Chris McGowan (48yo)

    Independent Director

    • Tenure: 6.5yrs
    • Compensation: US$175.02k
  • Rick Fleming (72yo)

    Independent Director

    • Tenure: 6.5yrs
    • Compensation: US$160.02k
  • Mack Hogans (70yo)

    Lead Independent Director

    • Tenure: 0.0yrs
    • Compensation: US$187.52k
  • Duane McDougall (67yo)

    Independent Director

    • Tenure: 6.5yrs
    • Compensation: US$160.02k
  • David Hannah (67yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: US$160.02k
  • Kris Matula (57yo)

    Independent Director

    • Tenure: 5.1yrs
    • Compensation: US$165.21k
  • Thomas Carlile (68yo)

    Chairman

    • Tenure: 4.4yrs
    • Compensation: US$274.99k
  • Karen Gowland (60yo)

    Independent Director

    • Tenure: 5.6yrs
    • Compensation: US$172.99k
  • Steve Cooper (56yo)

    Independent Director

    • Tenure: 4.5yrs
    • Compensation: US$164.81k
  • Tom Corrick (64yo)

    CEO & Director

    • Tenure: 4.4yrs
    • Compensation: US$3.86m

Company Information

Boise Cascade Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Boise Cascade Company
  • Ticker: BCC
  • Exchange: NYSE
  • Founded: 2004
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: US$1.192b
  • Shares outstanding: 38.97m
  • Website: https://www.bc.com

Number of Employees


Location

  • Boise Cascade Company
  • 1111 West Jefferson Street
  • Suite 300
  • Boise
  • Idaho
  • 83702
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCCNYSE (New York Stock Exchange)YesCommon StockUSUSDFeb 2013
BC0DB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2013

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:32
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.