MERCER INTERNATIONAL INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10.05 USD | -1.95% |
|
+5.35% | +6.01% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 806.9 | 674.4 | 791.2 | 769.8 | 630.1 | 671.3 | - | - |
| Enterprise Value (EV) 1 | 1,544 | 1,500 | 1,683 | 1,762 | 1,926 | 1,924 | 1,880 | 671.3 |
| P/E ratio | -82 x | -39.4 x | 4.65 x | 3.14 x | -2.6 x | -21.8 x | 20.1 x | - |
| Yield | 4.37% | 3.24% | 2.17% | 2.58% | 3.16% | 2.99% | 3.06% | - |
| Capitalization / Revenue | 0.5 x | 0.47 x | 0.44 x | 0.34 x | 0.32 x | 0.33 x | 0.31 x | - |
| EV / Revenue | 0.95 x | 1.05 x | 0.93 x | 0.77 x | 0.97 x | 0.94 x | 0.86 x | - |
| EV / EBITDA | 7.34 x | 7.79 x | 3.52 x | 3.28 x | 110 x | 7.53 x | 5.79 x | 4.12 x |
| EV / FCF | 13.8 x | -40.6 x | 73.9 x | 9.69 x | -9.38 x | 50.6 x | 30.3 x | - |
| FCF Yield | 7.27% | -2.46% | 1.35% | 10.3% | -10.7% | 1.98% | 3.3% | - |
| Price to Book | 1.46 x | 1.12 x | 1.14 x | 0.92 x | 0.99 x | 1.13 x | 1.14 x | - |
| Nbr of stocks (in thousands) | 65,598 | 65,800 | 65,988 | 66,132 | 66,471 | 66,795 | - | - |
| Reference price 2 | 12.30 | 10.25 | 11.99 | 11.64 | 9.480 | 10.05 | 10.05 | 10.05 |
| Announcement Date | 2/13/20 | 2/16/21 | 2/17/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,624 | 1,423 | 1,803 | 2,281 | 1,994 | 2,043 | 2,185 | - |
| EBITDA 1 | 210.4 | 192.6 | 478.8 | 536.5 | 17.46 | 255.6 | 324.5 | 163 |
| EBIT 1 | 84 | 63.73 | 346.6 | 392.4 | -188.8 | 69.5 | 128 | - |
| Operating Margin | 5.17% | 4.48% | 19.22% | 17.2% | -9.47% | 3.4% | 5.86% | - |
| Earnings before Tax (EBT) | 9.587 | -11.14 | 260.6 | 345.3 | - | - | - | - |
| Net income | -9.639 | -17.24 | 171 | 247 | - | - | - | - |
| Net margin | -0.59% | -1.21% | 9.48% | 10.83% | - | - | - | - |
| EPS 2 | -0.1500 | -0.2600 | 2.580 | 3.710 | -3.650 | -0.4600 | 0.5000 | - |
| Free Cash Flow 1 | 112.2 | -36.95 | 22.77 | 181.9 | -205.3 | 38 | 62 | - |
| FCF margin | 6.91% | -2.6% | 1.26% | 7.98% | -10.3% | 1.86% | 2.84% | - |
| FCF Conversion (EBITDA) | 53.35% | - | 4.76% | 33.91% | - | 14.87% | 19.11% | - |
| FCF Conversion (Net income) | - | - | 13.32% | 73.64% | - | - | - | - |
| Dividend per Share 2 | 0.5375 | 0.3325 | 0.2600 | 0.3000 | 0.3000 | 0.3000 | 0.3075 | - |
| Announcement Date | 2/13/20 | 2/16/21 | 2/17/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 469.7 | 519 | 592.7 | 572.3 | 532.8 | 583.1 | 522.7 | 529.9 | 470.8 | 470.5 | 507.9 | 505.2 | 511.3 | 518.8 |
| EBITDA 1 | 148.1 | 164.9 | 154.5 | 145.1 | 140.9 | 96.13 | 27.47 | -68.68 | 37.53 | 21.14 | 58.95 | 57.1 | 68.1 | 65.2 |
| EBIT 1 | 113.8 | 130 | 122.4 | 114 | 108.7 | 47.26 | -20.12 | -108.8 | -3.426 | -56.4 | 14 | 14.5 | 22.5 | 18.5 |
| Operating Margin | 24.22% | 25.04% | 20.64% | 19.92% | 20.41% | 8.11% | -3.85% | -20.54% | -0.73% | -11.99% | 2.76% | 2.87% | 4.4% | 3.57% |
| Earnings before Tax (EBT) | - | - | 113.1 | 105.5 | 98.04 | 28.63 | -35.93 | -125.8 | - | - | - | - | - | - |
| Net income | 69.12 | 74.52 | 88.9 | 71.37 | 66.75 | 20.02 | -30.58 | -98.31 | - | - | - | - | - | - |
| Net margin | 14.71% | 14.36% | 15% | 12.47% | 12.53% | 3.43% | -5.85% | -18.55% | - | - | - | - | - | - |
| EPS 2 | 1.040 | 1.120 | 1.340 | 1.070 | 1.000 | 0.3000 | -0.4600 | -1.480 | -0.3900 | -1.310 | -0.1500 | - | - | - |
| Dividend per Share 2 | 0.0650 | 0.0650 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0750 | 0.0775 | 0.0775 | 0.0775 | 0.0775 |
| Announcement Date | 10/28/21 | 2/17/22 | 4/28/22 | 7/28/22 | 10/27/22 | 2/16/23 | 5/4/23 | 8/3/23 | 11/2/23 | 2/15/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 737 | 826 | 892 | 992 | 1,295 | 1,253 | 1,209 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.502 x | 4.285 x | 1.863 x | 1.85 x | 74.19 x | 4.9 x | 3.726 x | - |
| Free Cash Flow 1 | 112 | -37 | 22.8 | 182 | -205 | 38 | 62 | - |
| ROE (net income / shareholders' equity) | -1.7% | -2.99% | 29.5% | 32.2% | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 8.400 | 9.120 | 10.50 | 12.70 | 9.550 | 8.860 | 8.840 | - |
| Cash Flow per Share | - | 1.800 | 5.090 | 5.830 | - | - | - | - |
| Capex 1 | 132 | 78.5 | 159 | 179 | 136 | 89 | 115 | - |
| Capex / Sales | 8.13% | 5.52% | 8.84% | 7.84% | 6.84% | 4.36% | 5.26% | - |
| Announcement Date | 2/13/20 | 2/16/21 | 2/17/22 | 2/16/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
4
Last Close Price
10.05
USD
Average target price
10.5
USD
Spread / Average Target
+4.48%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.01% | 671M | |
| +7.81% | 3.03B | |
| +12.39% | 1.13B | |
| -6.73% | 158M | |
| -15.56% | 72.43M |
- Stock Market
- Equities
- MERC Stock
- Financials Mercer International Inc.
