Clearwater Paper Corporation (CLW) vs Mercer International Inc. (MERC)

Clearwater Paper Corporation and Mercer International Inc. are both Paper & Paper Products companies. Clearwater Paper Corporation is the larger, with a market value of $326.9M against $22.7M — 14.4× the size. Clearwater Paper Corporation grew revenue faster over the last twelve months: −1.93% against −4.81%. Clearwater Paper Corporation has the higher net margin (−3.24% vs −27.9%) and the higher return on invested capital (−4.85% vs −18.8%). Across the 17 metrics below, Clearwater Paper Corporation leads on 13 and Mercer International Inc. on 4.

Valuation

Metric CLW MERC Paper & Paper Products median
P/E n/m n/m —
P/S 0.22 0.01 0.22
P/B 0.41 n/m —
Price to free cash flow 5.80 n/m —
EV/EBITDA 9.59 n/m —
EV/Sales 0.39 0.85 0.65
Earnings yield (14.95%) (2,415.63%) (14.95%)
Free cash flow yield 17.26% (692.16%) 9.02%

Profitability

Metric CLW MERC Paper & Paper Products median
Gross margin 1.62% (5.81%) 5.69%
Operating margin (5.41%) (23.58%) (5.41%)
Net margin (3.24%) (27.86%) (3.24%)
Free cash flow margin 3.72% (7.96%) 3.72%
Return on equity (6.05%) (296.95%) (6.05%)
Return on assets (3.07%) (24.36%) (3.07%)
Return on invested capital (4.85%) (18.83%) (4.06%)

Growth

Metric CLW MERC Paper & Paper Products median
Revenue growth (TTM) (1.93%) (4.81%) (1.93%)
EPS growth (last fiscal year) (109.83%) (485.83%) —
Revenue growth, 5-year CAGR (3.60%) 5.59% 5.59%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CLW MERC Paper & Paper Products median
Debt to equity 0.45 (16.69) 0.45
Current ratio 2.29 1.30 1.92
Net debt to EBITDA 3.14 (5.97) 1.38

Dividend

Metric CLW MERC Paper & Paper Products median
Dividend yield — 3.75% —
Payout ratio 0.00 0.06 0.06

Size

Metric CLW MERC Paper & Paper Products median
Market cap 326.91m 22.67m 326.91m

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