Added to YB: 2025-01-03
Pitch date: 2024-12-30
MERC [bullish]
Mercer International Inc.
-68.88%
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
$112.3M
Pitch Price
$6.30
Price Target
10.00 (+410%)
Dividend
N/A
EV/EBITDA
15.20
P/E
-0.65
EV/Sales
0.83
Sector
Paper and Forest Products
Category
growth
Begging you for Mercia
MERC: UK growth investor managing £2bn AUM, incl. gov funds. 2 businesses: 1) Direct investments (£187m) at 15-23% NAV discount, 9.8-14.2x P/E. 2) Fund mgmt (£3.7m H1 EBITDA). Target £3bn AUM by 2027. Undervalued by 50%+. Risks: concentrated portfolio, past writedowns. Catalysts: AUM growth, realizations, buybacks.
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