Added to YB: 2026-06-26
Pitch date: 2026-06-24
MERC [neutral]
Mercer International Inc.
Author Info
No bio for this author
Company Info
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.
Market Cap
$48.6M
Pitch Price
N/A
Price Target
7.28 (+705%)
Dividend
N/A
EV/EBITDA
-29.81
P/E
-0.09
EV/Sales
0.86
Sector
Paper and Forest Products
Category
turnaround
Watchlist Radar - Mercer International Inc.
MERC (watchlist): Largest US mass timber producer & top NBSK pulp maker, crushed in industry downturn. EV $1.6B, ~$120M run-rate EBITDA but ~$70M annual burn; $229M liquidity + covenant waivers, debt due 2028/29. Mid-cycle EBITDA ~$400M = 4x EV/EBITDA. Possible LME; equity left for dead—option-like, zero risk but 10x if cycle turns before liquidity runs out.
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