Stock fact sheet · data as of
Boise Cascade Company (BCC): fair value, margin of safety and Wheel Score
Basic Materials · Paper, Lumber & Forest Products · United States · Blend
Is BCC undervalued?
BCC closed at 75.48 on 16 Oct 2026 against a GLS average fair value of 74.85 - 0.8% above fair value, which our screens read as "fairly priced". 3 of 9 models are above the current price. There is no discount to lean on here, so the margin of safety is not the reason to look at the stock.
The 9 models disagree widely: GLS Growth gives 8.79 while Graham Growth gives 171.68. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files BCC under Blend.
Nine valuation models for BCC
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 140.93 | +87% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 62.33 | -17% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 171.68 | +127% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 75.04 | -1% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 8.79 | -88% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 112.20 | +49% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 56.23 | -26% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 13.10 | -83% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 33.35 | -56% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 13.97 | -81% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 94.50 | +25% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health BCC scores 7/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is low at 2.9 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are moderate - ROIC 5.1%, ROE 6.4%, ROA 4.1% - with debt at 0.25 times equity and a free-cash-flow yield of 3.9%.
The dividend yield is 1.18% with a payout ratio of 32% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Building Materials Distribution 79%, Wood Products 21% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 5.1% |
|---|---|---|---|
| GLS Moat | 2.9 / 10 | ROE | 6.4% |
| Debt / equity | 0.25 | ROA | 4.1% |
| Free-cash-flow yield | 3.9% | Payout ratio | 32% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 64: Fair
BCC scores 64 out of 100 on the Wheel Score (Fair band, 50-64): a usable but unremarkable fit for the wheel strategy. The parts: Value 12/25, Health 16/20, Moat 4/15, Premium 20/20, Stability 12/20. Moat (4/15) is where the points are missing.
Implied volatility is 44% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 1,202 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 230k shares a day on a market cap of $2.6B, with a beta of 1.05; the Stability part of the Wheel Score gives that 12 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 12 / 25 | -1% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 4 / 15 | moat 2.9/10 | |
| Premium | 20 / 20 | implied volatility 44% | |
| Stability | 12 / 20 | 230k shares/day, $2.6B cap, beta 1.05 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 2 Nov 2026 (after the close), 17 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Paper, Lumber & Forest Products
The 12 companies below are the closest to Boise Cascade Company by market cap within the Paper, Lumber & Forest Products industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| UFPI UFP Industries, Inc. | 75.75 | 85.13 | +11% | 71Good | $4.2B |
| LPX Louisiana-Pacific Corporation | 69.39 | 21.35 | -225% | 51Fair | $4.9B |
| WFG West Fraser Timber Co. Ltd. | 63.92 | 37.59 | -70% | 41Weak | $4.9B |
| SLVM Sylvamo Corp | 32.11 | 71.31 | +55% | 74Good | $1.3B |
| SUZ Suzano S.A. | 8.56 | 47.28 | +82% | 82Prime | $10.6B |
| IP International Paper Company | 34.09 | 23.45 | -45% | 45Weak | $18.1B |
| CLW Clearwater Paper Corporation | 19.30 | 52.96 | +64% | 45Weak | $311M |
| INPAP International Paper Company PFD $4 | 72.00 | 26.52 | -171% | 23No options | $24.0B |
| KEWL Keweenaw Land Association, Limited | 75.00 | 0.7775 | -9546% | 24No options | $84M |
| MERC Mercer International Inc. | 0.2004 | - | - | 41Weak | $13M |
| JCTC Jewett-Cameron Trading Company Ltd. | 2.92 | 6.51 | +55% | 39No options | $10M |
| NWGL CL Workshop Group Limited | 0.2210 | 0.7237 | +69% | 39No options | $4M |
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Start free See the Sunday ScanQuestions about BCC
Is BCC undervalued right now?
Not meaningfully: at 75.48 the stock trades within a few percent of the GLS average fair value of 74.85 (0.8% above fair value, data as of 16 Oct 2026).
What is the Wheel Score of BCC and what does it mean?
BCC scores 64 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for BCC?
74.85 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Boise Cascade Company report earnings next?
The next earnings report is due on 2 Nov 2026 (after the close), 17 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does BCC have listed options, and how liquid are they?
Yes. The nightly snapshot found 230 listed contracts with 1,202 open interest across all expiries and implied volatility of 44% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.