Kevin Quon
Insider ownership, small-cap, long-term horizon, dividend investing

Boise Cascade: Is This Wood Product Company Overvalued?

After 9 years as a privately-held enterprise, Boise Cascade Company (BCC) re-emerged as a public building materials company prospering off of a recovering U.S. housing market. Boise Cascade quickly soared 62% in the weeks following its IPO. Yet in the months following this rise, the company struggled to support its gains. This negative sentiment was only compounded by a hefty sale from the company's largest shareholder. Despite concerns of overvaluation, a look at the company will show that it continues to be fairly priced in the present.

BCC data by YCharts


Boise Cascade manufactures engineered wood products, plywood, lumber and particleboard. The company primarily operates out of its two business divisions of Wood Products and Building Materials...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details