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Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp in the United States, Germany, China, and internationally. It operates through two segments, Pulp and Solid Wood. The company manufactures, sells, and distributes pulp, electricity, and chemicals through pulp mills. It also manufactures, distributes, and sells lumber, cross and glue laminated timber, finger joint lumber, wood pallets, electricity, biofuels, and wood residuals. In addition, the company generates and sells green energy produced from biomass cogeneration power plants. Further, it produces and sells NBSK pulp manufactured from softwood; green energy using carbon neutral biofuels, such as black liquor and wood waste; tall oil from black liquor for use as a chemical additive and green energy source; wood pellets and briquettes; lignin; and wood procurement and logistics services. The company sells its pulp products to pulp markets, integrated paper and paperboard manufacturers; and lumber products to national and regional distributors, large construction firms, secondary manufacturers, retail yards, and home centers. Mercer International Inc. was incorporated in 1968 and is headquartered in Vancouver, Canada.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -511.21M | -86.92M | -269.82M | 345.30M | 260.57M |
| Net income | -497.89M | -85.14M | -242.06M | 247.04M | 170.99M |
| Selling general administrative | 114.44M | 116.43M | 123.18M | 105.83M | 78.93M |
| Gross profit | -67.63M | 189.36M | -31.86M | 498.20M | 425.52M |
| Reconciled depreciation | 160.05M | 170.79M | 172.50M | 144.15M | 132.20M |
| Ebit | -396.38M | 22.23M | -181.58M | 392.37M | 346.58M |
| Ebitda | -236.33M | 193.03M | -9.07M | 560.96M | 493.18M |
| Depreciation and amortization | 160.05M | 170.79M | 172.50M | 168.59M | 146.60M |
| Operating income | -182.07M | 15.01M | -188.77M | 392.37M | 346.58M |
| Other operating expenses | 2050.14M | 2028.35M | 2182.62M | 1888.57M | 1456.67M |
| Interest expense | 114.83M | 109.15M | 88.25M | 71.50M | 70.05M |
| Tax provision | -13.32M | -1.77M | -27.77M | 98.26M | 89.58M |
| Interest income | - | 11.76M | 9.02M | - | - |
| Net interest income | -114.83M | -97.39M | -79.23M | -71.50M | -70.05M |
| Income tax expense | -13.32M | -1.77M | -27.77M | 98.26M | 89.58M |
| Total revenue | 1868.07M | 2043.36M | 1993.84M | 2280.94M | 1803.26M |
| Total operating expenses | 114.44M | 174.35M | 156.91M | 105.83M | 78.93M |
| Cost of revenue | 1935.70M | 1854.00M | 2025.70M | 1782.74M | 1377.74M |
| Total other income expense net | -329.14M | -101.92M | -81.05M | -47.06M | -86.02M |
| Net income from continuing ops | -497.89M | -85.14M | -242.06M | 247.04M | 170.99M |
| Net income applicable to common shares | - | - | - | 247.04M | 170.99M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 2041.42M | 2262.93M | 2662.58M | 2725.04M | 2351.23M |
| Intangible assets | 26.11M | 49.83M | 60.60M | 61.50M | 47.90M |
| Other current assets | 20.71M | 36.05M | 23.46M | 21.68M | 16.62M |
| Total liab | 1973.36M | 1833.16M | 2027.17M | 1886.25M | 1657.21M |
| Total stockholder equity | 68.06M | 429.77M | 635.41M | 838.78M | 694.02M |
| Other current liab | 178.38M | 155.84M | 198.37M | -13.05M | -18.14M |
| Common stock | 66.87M | 66.85M | 66.47M | 66.13M | 65.99M |
| Capital stock | 66.87M | 66.85M | 66.47M | 66.13M | 65.99M |
| Retained earnings | -277.02M | 230.91M | 336.11M | 598.12M | 370.93M |
| Other liab | - | - | - | 152.21M | 129.97M |
| Good will | - | 0.00M | 35.38M | 30.94M | - |
| Other assets | - | - | - | 52.42M | 44.03M |
| Cash | 186.81M | 184.93M | 313.99M | 354.03M | 345.61M |
| Total current liabilities | 283.63M | 256.54M | 286.44M | 378.06M | 283.12M |
| Current deferred revenue | 16.43M | 4.34M | 15.26M | 1.18M | 7.30M |
| Net debt | 1438.96M | 1306.14M | 1314.89M | 1001.95M | 898.51M |
| Short term debt | 16.76M | 12.29M | 11.71M | 12.62M | 11.66M |
| Short long term debt total | 1625.76M | 1491.07M | 1628.89M | 1355.98M | 1244.12M |
| Other stockholder equity | 365.36M | 362.78M | 359.50M | 354.50M | 347.90M |
| Property plant equipment | - | - | - | 1356.37M | 1145.34M |
| Total current assets | 865.80M | 910.00M | 1092.90M | 1178.17M | 1064.31M |
| Long term investments | - | 3.35M | 41.66M | 45.63M | 49.65M |
| Net tangible assets | - | - | - | 746.35M | 646.12M |
| Net receivables | 298.89M | 327.35M | 306.17M | 351.99M | 345.35M |
| Long term debt | 1563.93M | 1435.19M | 1568.74M | 1302.75M | 1181.97M |
| Inventory | 359.40M | 361.68M | 414.16M | 450.47M | 356.73M |
| Accounts payable | 72.05M | 53.61M | 61.10M | 377.31M | 282.31M |
| Accumulated other comprehensive income | -87.15M | -230.77M | -126.67M | -179.96M | -90.79M |
| Non currrent assets other | 19.36M | 19.66M | -86.96M | -73.54M | 42.85M |
| Non current assets total | 1175.62M | 1352.93M | 1569.67M | 1546.86M | 1286.93M |
| Capital lease obligations | 61.83M | 55.88M | 60.15M | 65.86M | 73.81M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -66.99M | -153.73M | -425.68M | -187.13M |
| Change to liabilities | - | - | - | 66.80M | 75.59M |
| Total cashflows from investing activities | -81.33M | -66.99M | - | -425.68M | -187.13M |
| Net borrowings | 89.71M | -127.98M | - | 105.33M | 17.05M |
| Total cash from financing activities | 79.81M | -152.78M | 228.62M | 81.97M | -9.50M |
| Change to operating activities | - | - | - | -8.13M | -12.45M |
| Net income | -308.70M | -85.14M | -242.06M | 247.04M | 170.99M |
| Change in cash | 1.88M | -129.07M | -40.04M | 8.42M | -15.49M |
| Begin period cash flow | 184.93M | 313.99M | 354.03M | 345.61M | 361.10M |
| End period cash flow | 186.81M | 184.93M | 313.99M | 354.03M | 345.61M |
| Total cash from operating activities | 8.59M | 90.20M | -69.00M | 360.66M | 182.21M |
| Depreciation | 160.05M | 170.79M | 172.50M | 144.15M | 132.20M |
| Other cashflows from investing activities | 7.26M | 17.33M | - | 9.64M | 24.96M |
| Dividends paid | 10.04M | 20.06M | 19.95M | 19.85M | 17.17M |
| Change to inventory | 0.53M | 23.91M | -15.84M | -63.18M | -96.44M |
| Change to account receivables | 52.59M | -32.09M | 52.51M | -20.48M | -121.58M |
| Sale purchase of stock | - | - | - | - | 0.00M |
| Other cashflows from financing activities | 0.14M | -4.74M | 256.36M | 111.81M | 832.22M |
| Change to netincome | - | - | - | -5.54M | 33.91M |
| Capital expenditures | 88.58M | 84.32M | 136.32M | 179.24M | 160.82M |
| Change in working capital | 58.16M | -24.88M | -64.19M | -25.00M | -154.89M |
| Stock based compensation | 2.29M | 3.86M | 5.92M | 6.74M | 2.39M |
| Other non cash items | 108.11M | 61.30M | 95.21M | -19.28M | 12.73M |
| Free cash flow | -80.00M | 5.89M | -205.33M | 181.42M | 21.39M |
Sector: Basic Materials Industry: Paper & Paper Products
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MERC Mercer International Inc |
0.09 68.25% |
0.21 | - | 13.32 | 0.01 | 1.10 | 0.86 | 9.18 |
| KLBAY Klabin Sa A |
0.18 2.90% |
6.38 | 42.52 | 169.49 | 1.33 | 10.77 | 0.52 | 1.68 |
| UPMKF UPM-Kymmene Oyj |
- -% |
26.75 | 24.13 | 16.31 | 1.78 | 1.55 | 2.03 | 14.01 |
| UPMMY UPM-Kymmene Oyj |
0.43 1.78% |
24.64 | 25.19 | 16.50 | 1.79 | 1.57 | 2.03 | 14.01 |
| SUZ Suzano Papel e Celulose SA ADR |
- -% |
9.25 | 7.16 | 8.94 | 0.24 | 1.16 | 2.75 | 4.31 |
Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp in the United States, Germany, China, and internationally. It operates through two segments, Pulp and Solid Wood. The company manufactures, sells, and distributes pulp, electricity, and chemicals through pulp mills. It also manufactures, distributes, and sells lumber, cross and glue laminated timber, finger joint lumber, wood pallets, electricity, biofuels, and wood residuals. In addition, the company generates and sells green energy produced from biomass cogeneration power plants. Further, it produces and sells NBSK pulp manufactured from softwood; green energy using carbon neutral biofuels, such as black liquor and wood waste; tall oil from black liquor for use as a chemical additive and green energy source; wood pellets and briquettes; lignin; and wood procurement and logistics services. The company sells its pulp products to pulp markets, integrated paper and paperboard manufacturers; and lumber products to national and regional distributors, large construction firms, secondary manufacturers, retail yards, and home centers. Mercer International Inc. was incorporated in 1968 and is headquartered in Vancouver, Canada.
| Name | Title | Year Born |
|---|---|---|
| Mr. Jimmy S. H. Lee B.Sc. | Exec. Chairman | 1957 |
| Mr. David K. Ure | Exec. VP, CFO & Sec. | 1967 |
| Mr. Adolf Koppensteiner | Chief Operating Officer of Pulp Products | 1961 |
| Mr. Juan Carlos Bueno | CEO, Pres & Director | 1968 |
| Mr. Christoph Grewe-Franze | Chief Information Officer | NA |
| Mr. Brian Merwin | VP of Corp. Devel. | 1974 |
| Mr. Guy Arguin | Chief HR Officer | NA |
| Dr. Carsten Merforth | Chief Operating Officer of Wood Products | NA |
| Mr. Wolfgang Beck | Sr. VP of Global Wood Sourcing | NA |
| Mr. Roger Ashfield | Managing Director of Mercer Peace River | NA |
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