Merc.Bo
MERC.BO operates in the Auto, Truck & Motorcycle Parts industry, manufacturing and supplying components for the automotive sector.
Business. Mercer International Inc (MERC.O) is a Basic Materials company operating in the Paper Products industry. The firm generates revenue through the sale of paper products. It is headquartered in the United States and is primarily listed on the NASDAQ exchange. Specific details regarding operating segments and geographic revenue mix are not available.
Analyst recommendations
4 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Mercer International Inc. (MERC.O) has seen a notable expansion in its shareholder base, with multiple new institutional holders adding positions as of the most recent reporting periods. These additions include investors holding stakes ranging from small fractional percentages to more significant positions, such as one investor holding approximately 4.0 million shares valued at over $40 million as of June 30, 2024, and another holding roughly 2.55 million shares valued at $3.6 million as of March 31, 2026. The influx of new holders, detected on June 20, 2026, signals growing institutional interest in the company’s equity. This shift in ownership structure is particularly relevant given Mercer International’s current market profile, which includes a relatively concentrated analyst following of just one analyst and no index membership. The addition of new holders, bringing the total top holder count to 17, suggests that despite limited analyst coverage, the company is attracting attention from a broader set of investment managers. This diversification in the shareholder base may provide a more stable foundation for the stock, reducing reliance on a narrow group of investors. Concurrently, the company’s internal analysis framework has undergone significant revisions, with the AI-driven narrative, business summary, and key takeaways all being modified. The low similarity scores in the narrative and conclusion revisions indicate a substantial shift in the analytical perspective or underlying assumptions regarding Mercer International’s business outlook. These updates reflect a re-evaluation of the company’s strategic position and operational dynamics, potentially aligning the analysis with the changing investor sentiment observed in the holder data. The combination of new institutional inflows and revised analytical narratives underscores a period of re-assessment for Mercer International. While the company maintains a lean officer structure with only one reported officer, the growing interest from holders and the updated business summary suggest that market participants are closely monitoring its performance. This convergence of ownership changes and analytical updates highlights the importance of staying attuned to both quantitative holder data and qualitative shifts in the company’s strategic narrative.
Signals & dispatch
Composite-score breakdown
Synthesis
Mercer International Inc (MERC.O) is a Basic Materials company operating in the Paper Products industry. The firm generates revenue through the sale of paper products. It is headquartered in the United States and is primarily listed on the NASDAQ exchange. Specific details regarding operating segments and geographic revenue mix are not available.
MERC.BO maintains a strong liquidity position with a current ratio of 7.2, indicating a robust ability to meet short-term obligations. However, the company reported negative operating cash flow of -438.28 million INR and free cash flow of -143.77 million INR, suggesting operational cash generation is under pressure. The debt-to-equity ratio is low at 0.02, reflecting a conservative capital structure with minimal leverage.
Profitability metrics show a return on equity of 2.78% and return on assets of 2.29%, both below the industry median for the Auto, Truck & Motorcycle Parts sector. This indicates that MERC.BO is underperforming in terms of capital efficiency and asset utilization.
The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and supply chain disruptions.
MERC.BO's growth trajectory is constrained by negative free cash flow and a lack of disclosed capital expenditure plans. The company's operating income of 93.25 million INR and net income of 76.97 million INR suggest limited capacity for reinvestment or expansion.
The company faces moderate liquidity risk due to negative net cash, and while dilution risk is currently low, the absence of a clear capital allocation strategy could lead to future equity issuance. No recent filings or transcripts have been disclosed that would indicate strategic shifts or operational changes.
Mercer International Inc. (MERC.O) has seen a notable expansion in its shareholder base, with multiple new institutional holders adding positions as of the most recent reporting periods. These additions include investors holding stakes ranging from small fractional percentages to more significant positions, such as one investor holding approximately 4.0 million shares valued at over $40 million as of June 30, 2024, and another holding roughly 2.55 million shares valued at $3.6 million as of March 31, 2026. The influx of new holders, detected on June 20, 2026, signals growing institutional interest in the company’s equity. This shift in ownership structure is particularly relevant given Mercer International’s current market profile, which includes a relatively concentrated analyst following of just one analyst and no index membership. The addition of new holders, bringing the total top holder count to 17, suggests that despite limited analyst coverage, the company is attracting attention from a broader set of investment managers. This diversification in the shareholder base may provide a more stable foundation for the stock, reducing reliance on a narrow group of investors. Concurrently, the company’s internal analysis framework has undergone significant revisions, with the AI-driven narrative, business summary, and key takeaways all being modified. The low similarity scores in the narrative and conclusion revisions indicate a substantial shift in the analytical perspective or underlying assumptions regarding Mercer International’s business outlook. These updates reflect a re-evaluation of the company’s strategic position and operational dynamics, potentially aligning the analysis with the changing investor sentiment observed in the holder data. The combination of new institutional inflows and revised analytical narratives underscores a period of re-assessment for Mercer International. While the company maintains a lean officer structure with only one reported officer, the growing interest from holders and the updated business summary suggest that market participants are closely monitoring its performance. This convergence of ownership changes and analytical updates highlights the importance of staying attuned to both quantitative holder data and qualitative shifts in the company’s strategic narrative.
- MERC.BO has a strong current ratio but negative operating and free cash flows.
- The company's return on equity and return on assets are below industry medians.
- Revenue is concentrated in a single segment with no geographic diversification.
- Growth is constrained by limited capital and negative cash flow.
- Liquidity risk is moderate, and dilution risk is currently low.
Bull / Bear case
Generated · model-assistedAnalysts project 51.4% upside to a mean price target of $1.00, suggesting significant undervaluation relative to the current market price.
The company maintains a healthy current ratio of 3.05, indicating sufficient short-term liquidity to cover immediate liabilities despite operational losses.
Revenue stabilized at $2.04 billion in FY-1 before declining, showing some resilience in top-line generation amidst broader industry challenges.
With a debt-to-equity ratio of 23.58, the company carries extreme leverage that far exceeds the peer median of 0.46.
Operating and net margins rank in the bottom quartile of the Paper Products cohort, reflecting persistent structural inefficiencies.
The company faces high credit risk and negative interest coverage of -3.46, indicating an inability to service debt obligations from operating income.
In focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
- FY2026 — next full year (forecast) · projected off FY2025 close, as of 2025-12-31 · conf —1,4BFORECAST
- FY2026 — next full year (forecast) · projected off FY2025 close, as of 2025-12-31 · conf —463,5MFORECAST
- FY2025 — reported · conf —1,5BREPORTED
- FY2024 — reported · conf —1,5BREPORTED
- FY2025 — reported · conf —481,9MREPORTED
- FY2024 — reported · conf —468,1MREPORTED
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- COO, Pulp Products · Restricted Stock Units → Common StockAcquired 30 505grant · 2026-06-04
- Director, CEO & President · Restricted Stock Units → Common StockAcquired 126 808grant · 2026-06-04
- VP Sales, Marketing& Logistics · Restricted Stock Units → Common StockAcquired 10 750grant · 2026-06-04
- VP, Controller · Restricted Stock Units → Common StockAcquired 7 188grant · 2026-06-04
- COO, Wood Products · Restricted Stock Units → Common StockAcquired 26 764grant · 2026-06-04
- Senior VP, Innovation & Gov. · Restricted Stock Units → Common StockAcquired 18 665grant · 2026-06-04
- Chief Human Resources Officer · Restricted Stock Units → Common StockAcquired 13 612grant · 2026-06-04
- VP, Treasurer · Restricted Stock Units → Common StockAcquired 8 583grant · 2026-06-04
- Senior VP Global Wood Sourcing · Restricted Stock Units → Common StockAcquired 12 967grant · 2026-06-04
- CFO & Secretary · Restricted Stock Units → Common StockAcquired 31 504grant · 2026-06-04
- Director · Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
- Director · Cash Settled Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
- Director · Cash Settled Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
- Director · Deferred Stock Units → Common StockAcquired 41 250grant · 2026-06-02
- Director · Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
- Director · Cash Settled Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
- Director · Deferred Stock Units → Common StockAcquired 25 000grant · 2026-06-02
Physical assets
16 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Cariboo Pulp & Paper power station | Power | Power | Canada | Registered owner |
| Cariboo Pulp & Paper power station | Power | Power | Canada | Parent |
| Peace River Pulp power station | Power | Power | Canada | Parent |
| Peace River Pulp power station | Power | Power | Canada | Registered owner |
| Peace River Pulp power station | Power | Power | Canada | Operating company |
| Rosenthal Mill power station | Power | Power | Germany | Operating company |
| Rosenthal Mill power station | Power | Power | Germany | Parent |
| Rosenthal Mill power station | Power | Power | Germany | Registered owner |
| Stendal Mill power station | Power | Power | Germany | Registered owner |
| Stendal Mill power station | Power | Power | Germany | Registered owner |
| Stendal Mill power station | Power | Power | Germany | Parent |
| Stendal Mill power station | Power | Power | Germany | Parent |
| Stendal Mill power station | Power | Power | Germany | Operating company |
| Stendal Mill power station | Power | Power | Germany | Operating company |
| Zellstoff Celgar Mill power station | Power | Power | Canada | Parent |
| Zellstoff Celgar Mill power station | Power | Power | Canada | Parent |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- MERC.BO Market data — financials · 2026-05-28
Ownership & reference
Top holders
- Investment Managers · as of 2024-06-300,00 %$40M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$1M
- Brokerage Firms · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2025-12-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Funds · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Leadership
- Juan Carlos BuenoPresident, Chief Executive Officer, Director
Insider activity
- 10% owner · Common StockBought 1 210 @ $0,90$1K · 2026-06-12
- 10% owner · Common StockBought 200 @ $0,91$182 · 2026-06-12
- 10% owner · Common StockBought 36 000 @ $0,93$34K · 2026-06-12
- 10% owner · Common StockBought 14 031 @ $0,91$13K · 2026-06-12
- 10% owner · Common StockBought 136 000 @ $0,86$117K · 2026-06-11
- 10% owner · Common StockBought 36 000 @ $0,82$30K · 2026-06-10
- 10% owner · Common StockBought 23 637 @ $0,79$19K · 2026-06-09
- 10% owner · Common StockBought 34 733 @ $0,80$28K · 2026-06-08
- 10% owner · Common StockBought 36 000 @ $0,85$31K · 2026-06-05
- 10% owner · Common StockBought 36 000 @ $0,89$32K · 2026-06-04
- 10% owner · Common StockBought 1 047 @ $0,92$959 · 2026-06-02
- Director · Common StockOther 25 000 · 2026-06-02
- 10% owner · Common StockBought 36 000 @ $0,90$32K · 2026-06-01
- 10% owner · Common StockBought 16 000 @ $0,90$14K · 2026-06-01
- 10% owner · Common StockBought 10 154 @ $0,91$9K · 2026-06-01
- 10% owner · Common StockBought 2 731 @ $0,90$2K · 2026-06-01
- 10% owner · Common StockBought 105 000 @ $0,97$102K · 2026-05-19
- 10% owner · Common StockBought 380 000 @ $0,96$367K · 2026-05-18
- 10% owner · Common StockBought 215 000 @ $0,95$204K · 2026-05-15
- 10% owner · Common StockBought 200 000 @ $0,88$176K · 2026-05-14
- 10% owner · Common StockBought 43 000 @ $0,84$36K · 2026-05-12
- 10% owner · Common StockBought 57 000 @ $0,88$50K · 2026-05-12
- Director · Common StockBought 1 000 @ $1,90$2K · 2026-02-25
- 10% owner · Common StockBought 100 000 @ $1,72$172K · 2025-11-13
- 10% owner · Common StockBought 125 000 @ $1,74$218K · 2025-11-13
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -84.2%Derived (calculated)
- Net margin (FY 2025-12-31): -0.0%Derived (calculated)
- Return on equity (FY 2025-12-31): -0.7%Derived (calculated)
- Return on assets (FY 2025-12-31): -0.0%Derived (calculated)
- Current ratio (FY 2025-12-31): 3.05xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 28.99xDerived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 5.1%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 1.0%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -485.8%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -485.8%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 8.9%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -484.8%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -90.5%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -2,750.4%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -8.6%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -9.8%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 7.6%Derived (calculated)
- Total liabilities (annual): USD 1.97BSEC XBRL filing
- Current liabilities (annual): USD 283.63MSEC XBRL filing
- Cash & equivalents (annual): USD 186.81MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -7SEC XBRL filing
- Operating income (annual): USD -397.75MSEC XBRL filing
- Long-term debt (annual): USD 1.61BSEC XBRL filing
- Operating cash flow (annual): USD 8.59MSEC XBRL filing