BCC - Boise Cascade Company
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$94.50
DETAILS
HIGH:
$97.00
LOW:
$92.00
MEDIAN:
$94.50
CONSENSUS:
$94.50
UPSIDE:
40.71%
AlphaVal
Deterministic, archetype-aware fair value
Cyclical & Capital-Intensive
80% confidence
Primary model: Normalized Earnings × Cycle Multiple
Adjust Assumptions
18.0x
12.12$
Key Value Driver
Through-cycle normalized EPS ($12.12)
Implied Market Multiple
5.5x
Plain-Language Summary
Our base-case estimate uses Normalized Earnings × Cycle Multiple. We then blend that result with the average analyst price target of $94.50 from 12 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $192.40 per share.
Warnings
Wall Street's average price target is $94.50 (from 12 analysts). Our estimate is 130% above the consensus -- consider that gap carefully.
Key Risks
- Standard 10-year DCF produces unreliable terminal values for cyclicals
- 'Cheap' P/E at cycle peak is the most common value trap — normalize first
- Captive finance subsidiaries have different risk profiles from manufacturing