Boise Cascad Llc Stock Beneish M Score

BCC Stock  USD 100.36  1.02  1.03%   
This module uses fundamental data of Boise Cascad to approximate the value of its Beneish M Score. Boise Cascad M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Boise Cascad Piotroski F Score and Boise Cascad Altman Z Score analysis.
  
The current year's Cash Flow To Debt Ratio is expected to grow to 6.57, whereas Short and Long Term Debt Total is forecasted to decline to about 66.6 M. At present, Boise Cascad's PTB Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 57.79, whereas Dividend Yield is forecasted to decline to 0.04.
At this time, Boise Cascad's M Score is unavailable. The earnings manipulation may begin if Boise Cascad's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Boise Cascad executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Boise Cascad's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-2.88
Beneish M Score - Unavailable
Elasticity of Receivables

1.06

Focus
Asset Quality

1.02

Focus
Expense Coverage

0.98

Focus
Gross Margin Strengs

0.61

Focus
Accruals Factor

0.98

Focus
Depreciation Resistance

0.98

Focus
Net Sales Growth

0.75

Focus
Financial Leverage Condition

1.23

Focus

Boise Cascad Beneish M-Score Indicator Trends

The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if Boise Cascad's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Receivables273.7 M344.8 M
Significantly Down
Slightly volatile
Total RevenueB6.7 B
Way Down
Slightly volatile
Total AssetsB3.4 B
Way Down
Slightly volatile
Total Current Assets1.2 B1.9 B
Way Down
Slightly volatile
Non Current Assets Total754 M1.5 B
Way Down
Slightly volatile
Property Plant Equipment497.5 M885.5 M
Way Down
Slightly volatile
Depreciation And Amortization85.2 M147.4 M
Way Down
Slightly volatile
Selling General Administrative74.6 M102.3 M
Way Down
Slightly volatile
Total Current Liabilities415.3 M564 M
Way Down
Slightly volatile
Non Current Liabilities Total588.4 M654.1 M
Moderately Down
Slightly volatile
Long Term Debt411.9 M446.2 M
Significantly Down
Slightly volatile
Long Term Investments684 K720 K
Notably Down
Slightly volatile
Gross Profit Margin0.120.1979
Way Down
Slightly volatile

Boise Cascad Llc Beneish M-Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between Boise Cascad's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Boise Cascad in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Boise Cascad's degree of accounting gimmicks and manipulations.

About Boise Cascad Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

Other Operating Expenses

4.73 Billion

At present, Boise Cascad's Other Operating Expenses is projected to increase significantly based on the last few years of reporting.

Boise Cascad Earnings Manipulation Drivers

Although earnings manipulation is typically not the result of intentional misconduct by the c-level executives, it is still a widespread practice by the senior management of public companies such as Boise Cascad. It is usually done by a series of misrepresentations of various accounting rules and operating activities across multiple financial cycles. The best way to spot the manipulation is to examine the historical financial statement to find inconsistencies in earning reports to find trends in assets or liabilities that are not sustainable in the future.
202020212022202320242025 (projected)
Net Receivables391.1M462.2M320.3M373.7M344.8M273.7M
Total Revenue5.5B7.9B8.4B6.8B6.7B5.0B
Total Assets2.0B2.6B3.2B3.5B3.4B2.0B
Total Current Assets1.3B1.9B2.1B2.1B1.9B1.2B
Net Debt126.0M(217.1M)(475.3M)(419.8M)70.1M45.7M
Short Term Debt11.5M12.6M12.3M11.7M10.5M10.0M
Long Term Debt443.8M444.6M444.4M445.3M446.2M411.9M
Operating Income335.0M971.8M1.2B624.4M490.0M295.3M
Investments(78.7M)(105.6M)(625.5M)(146.6M)(237.8M)(249.7M)
Gross Profit Margin0.150.170.210.230.20.12

Boise Cascad ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Boise Cascad's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Boise Cascad's managers, analysts, and investors.
Environmental
Governance
Social

About Boise Cascad Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Boise Cascad Llc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boise Cascad using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boise Cascad Llc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Boise Cascad Llc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Boise Cascad's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Boise Cascad Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Boise Cascad Llc Stock:
Check out Boise Cascad Piotroski F Score and Boise Cascad Altman Z Score analysis.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Paper & Forest Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Boise Cascad. If investors know Boise will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Boise Cascad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Dividend Share
0.82
Earnings Share
9.57
Revenue Per Share
172.038
Quarterly Revenue Growth
(0.05)
The market value of Boise Cascad Llc is measured differently than its book value, which is the value of Boise that is recorded on the company's balance sheet. Investors also form their own opinion of Boise Cascad's value that differs from its market value or its book value, called intrinsic value, which is Boise Cascad's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Boise Cascad's market value can be influenced by many factors that don't directly affect Boise Cascad's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Boise Cascad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boise Cascad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boise Cascad's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.