Boise Inc. is a manufacturer of packaging products and papers, including corrugated containers, containerboard, label and release and flexible packaging papers, imaging papers for the office and home, printing and converting papers, newsprint, and market pulp. The Company owns pulp and paper mill operations in Jackson, Alabama; International Falls, Minnesota; St. Helens, Oregon, and Wallula, Washington, all of which manufacture uncoated freesheet paper. The Company also owns a mill in DeRidder, Louisiana, which produces containerboard (linerboard) and newsprint. In addition, it has a network of five corrugated container plants located in the Pacific Northwest, a corrugated sheet plant in Nevada and a corrugated sheet feeder plant in Texas. The Company operates its business in three segments: Paper, Packaging, and Corporate and Other (support services).
This company showed up on the FCF screen and i was looking at the numbers. According to my DCF valuation the company is attractive but I have been looking on the internet for price estimations and I have found that according to them the company is fairly valued.
I like it because it is a simple business the numbers look fine except for debt but they have strong FCF. Has anyone considered this company?