Discounted Cash Flow

Boise Cascade Co.

BCC · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $3.9b $38.3m $68.3m 1.0% $0.99
2017 $4.4b (13.3%) $83.0m (116.9%) $76.1m (11.4%) 1.9% (91.4%) $2.15 (117.2%)
2018 $5.0b (12.7%) $20.5m (-75.3%) $83.6m (9.9%) 0.4% (-78.1%) $0.53 (-75.3%)
2019 $4.6b (-7.0%) $80.9m (295.2%) $162.9m (94.8%) 1.7% (325.1%) $2.07 (290.6%)
2020 $5.5b (17.9%) $175.0m (116.2%) $215.1m (32.0%) 3.2% (83.4%) $4.45 (115.0%)
2021 $7.9b (44.8%) $712.5m (307.2%) $560.5m (160.6%) 9.0% (181.3%) $18.07 (306.1%)
2022 $8.4b (5.8%) $857.7m (20.4%) $927.1m (65.4%) 10.2% (13.8%) $21.70 (20.1%)
2023 $6.8b (-18.5%) $483.7m (-43.6%) $472.0m (-49.1%) 7.1% (-30.8%) $12.20 (-43.8%)
2024 $6.7b (-1.7%) $376.4m (-22.2%) $208.8m (-55.8%) 5.6% (-20.9%) $9.63 (-21.1%)
2025 $6.4b (-4.8%) $132.8m (-64.7%) $12.7m (-93.9%) 2.1% (-62.9%) $3.54 (-63.2%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model