Added to YB: 2026-03-12
Pitch date: 2026-03-10
BCC [bullish]
Boise Cascade Company
-3.96%
current return
Author Info
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Company Info
Boise Cascade Company engages in the manufacture and sale of engineered wood products and plywood and wholesale distribution of building materials in the United States and Canada.
Market Cap
$2.7B
Pitch Price
$72.49
Price Target
N/A
Dividend
1.18%
EV/EBITDA
7.42
P/E
21.10
EV/Sales
0.42
Sector
Trading Companies and Distributors
Category
value
Pitch: Boise Cascade (NYSE:BCC)
BCC: Trades 1.3x P/BV (all-time low) & 48% discount to peers on EBITDA despite structural housing undersupply of 3.7M units. Invested $1.7B in capacity FY20-25 (2x peer rate), expanding PP&E 14.2% CAGR vs 8.4% peers. FY25 EBITDA margins compressed to 5.3% vs 15% in FY22 peak, but trailing earnings understate normalized power. Model trained on 20yrs data ranks BCC top quintile cheapest. Through-cycle scenario analysis shows median 2.0x MOIC by FY30, <5% scenarios lose money.
Read full article (6 min)