Added to YB: 2026-07-13
Pitch date: 2026-07-09
MERC [neutral]
Mercer International Inc.
+2.07%
current return
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
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
$42.9M
Pitch Price
$0.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
-29.71
P/E
-0.08
EV/Sales
0.86
Sector
Paper and Forest Products
Category
N/A
MERC-y, I beg MERC-y
MERC (exited position): Author exits at 8% loss (net of div) on weak FY26. AuM up only £9m to £1,997m (net inflows near zero); direct portfolio hit -£14.3m FV loss w/ £11.6m cash injections propping up loss-making holdings (VoxPopMe, NetAcea, VirtTrade). Trades 33% disc to NAV, but FY27 targets to quintuple AuM growth & sell 70% of portfolio deemed unrealistic w/ 9mo left. Poor disclosure, cash pressure risk.
Read full article (4 min)