Stock fact sheet · data as of
Boise Cascade Company (BCC): fair value, margin of safety and Wheel Score
Ticker symbol BCC · Basic Materials · Paper, Lumber & Forest Products · United States · Value
Is BCC undervalued?
BCC closed at 77.98 on 5 Nov 2026 against a GLS average fair value of 84.15 - 7.3% below fair value, which our scans read as "fairly priced". 4 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 10.07 while Graham Growth gives 196.83. 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.
Ranked against every other company we cover, BCC is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 45, growth score 15, out of 100).
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 | 144.53 | +85% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 67.42 | -14% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 196.83 | +152% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 86.03 | +10% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 10.07 | -87% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 128.19 | +64% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 72.91 | -7% | 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 | 38.23 | -51% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 14.00 | -82% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 89.00 | +14% | 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 6.2 out of 10: a record that is solid on some of the four parts the score weighs (returns on capital, pricing power, lasting growth, balance sheet) and weaker on others.
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 4.9%.
The dividend yield is 1.14% with a payout ratio of 28% - 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 | 6.2 / 10 | ROE | 6.4% |
| Debt / equity | 0.25 | ROA | 4.1% |
| Free-cash-flow yield | 4.9% | Payout ratio | 28% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 71: Good
BCC scores 71 out of 100 on the Wheel Score (Good band, 70-84): it passes all 9 Wheel Trade Filters. How it ranks: value weak, premium strong, moat good, health good, red flags strong, option trading weak, stability fair; Option trading (weak) holds it back.
Implied volatility is 40% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 1,082 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 516k shares a day on a market cap of $2.7B, with a beta of 1.05; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 7% below fair value | |
| Premium | Strong | implied volatility 40% | |
| Moat | Good | moat 6.2/10 | |
| Health | Good | Piotroski 7/9 | |
| Red Flags | Strong | Red Flags score 95/100 | |
| Option trading | Weak | 552 contracts a day, 1,082 open interest | |
| Stability | Fair | beta 1.05, $2.7B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for BCC in the nightly calendar. The shares go ex-dividend on 1 Dec 2026 (0.2300 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Analysts downgraded BCC 1 time in the last 30 days with no upgrades; the latest action was a downgrade by Loop Capital Markets on 26 Oct 2026.
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. | 86.31 | 73.00 | -18% | 33Weak | $4.8B |
| WFG West Fraser Timber Co. Ltd. | 69.74 | 39.04 | -79% | 26Weak | $5.3B |
| LPX Louisiana-Pacific Corporation | 78.82 | 23.54 | -235% | 32Weak | $5.5B |
| SLVM Sylvamo Corp | 33.60 | 71.59 | +53% | 44Weak | $1.3B |
| SUZ Suzano S.A. | 9.56 | 20.78 | +54% | 48Weak | $11.8B |
| IP International Paper Company | 35.65 | 22.28 | -60% | 36Weak | $18.9B |
| INPAP International Paper Company PFD $4 | 72.00 | 26.37 | -173% | 15No options | $24.0B |
| CLW Clearwater Paper Corporation | 14.05 | 22.61 | +38% | 43Weak | $227M |
| KEWL Keweenaw Land Association, Limited | 69.00 | 0.7775 | -8774% | 15No options | $78M |
| MERC Mercer International Inc. | 0.2500 | 2.20 | +89% | 28Weak | $17M |
| JCTC Jewett-Cameron Trading Company Ltd. | 2.87 | 6.64 | +57% | 31No options | $10M |
| ITP IT Tech Packaging, Inc. | 0.1260 | 5.82 | +98% | 29Weak | $2M |
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about BCC
Is BCC undervalued right now?
Not meaningfully: at 77.98 the stock trades within a few percent of the GLS average fair value of 84.15 (7.3% below fair value, data as of 5 Nov 2026).
What is the Wheel Score of BCC and what does it mean?
BCC scores 71 out of 100 (Good). The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for BCC?
84.15 per share as of 5 Nov 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?
No upcoming earnings date is recorded for BCC in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does BCC have listed options, and how liquid are they?
Yes. The nightly snapshot found 98 listed contracts with 1,082 open interest across all expiries and implied volatility of 40% 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.