NWGL vs BCC vs MERC Stock Comparison

CL Workshop, Boise Cascade and Mercer International Prices as of Oct 23, 2026 Peers: Industry group
BCC BOISE CASCADE Co
$77.76 0.0% 1M +8.0% 1Y
Market cap
$2.65B
P/E
25.1x
Revenue (TTM)
$6.46B
Div. yield
0.01%
Industrial Distribution Industrials
8 wins

Head to Head

10 decided of 12

Boise Cascade leads on 8 of the 12 questions below (Boise Cascade 8, Mercer International 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNWGLBCCMERCLeader
Larger companyMarket capitalisation $1.44M $2.65B $8.43M BCC
Cheaper on earningsLower P/E, profitable companies only — 25.1x 0.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 20.5x — –
Faster revenue growthRevenue growth, trailing twelve months — -1.5% -4.8% BCC
More profitableNet margin, trailing twelve months — 1.6% -27.9% BCC
Better return on capitalReturn on invested capital — 4.6% -23.1% BCC
Less leveragedLower net debt / EBITDA — 0.4x -6.8x MERC
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 1.19% MERC
Better 1-year returnPrice return, last 12 months -95.1% +8.0% -94.4% BCC
Better 5-year returnAnnualised price return, 5 years — +5.9%/yr -57.7%/yr BCC
Less volatileAnnualised volatility, 1 year 221.5% 37.9% 96.6% BCC
Higher overall scoreMean of the five percentile scores vs peers — 52/100 14/100 BCC

Percentile Scorecard

NWGLBCCMERC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNWGLBCCMERC
Valuation – 87 #7 of 46 19 #232 of 287
Growth – 8 #36 of 39 1 #265 of 267
Profitability – 49 #21 of 40 27 #176 of 240
Financial Health 7 #275 of 295 75 #13 of 49 8 #273 of 295
Shareholder Returns – 42 #19 of 32 13 #177 of 204
Overall – 52 14
  • NWGL ranked among 308 companies in Basic Materials
  • BCC ranked among 49 companies in Distribution and Rental
  • MERC ranked among 308 companies in Basic Materials

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNWGLBCCMERCSPY
1 month -94.3%0.0%-56.3% -1.0%
3 months -70.4%-0.2%-79.1% +2.9%
6 months -91.9%-7.6%-87.5% +6.4%
Year to date -94.4%+5.7%-92.9% +11.4%
1 year -95.1%+8.0%-94.4% +13.1%
3 years -99.2%-15.2%-98.4% +79.4%
3 years, per year -80.2%-5.3%-74.7% +21.5%
5 years —+33.3%-98.6% +67.7%
5 years, per year —+5.9%-57.7% +10.9%
10 years —+231.2%-98.2% +255.2%
10 years, per year —+12.7%-33.1% +13.5%

Risk

MeasureNWGLBCCMERCSPY
Volatility, 1Y 221.5%37.9%96.6% 12.7%
Downside volatility, 1Y 286.4%30.9%113.0% 12.7%
Beta vs S&P 500, 1Y 2.410.931.91 1.00
Return / volatility, 1Y -0.430.21-0.98 1.03
Max drawdown, 5Y -99.6%-57.3%-99.2% -25.4%
From 52-week high -95.4%-14.6%-95.0% -2.5%
52-week high $1.75$91.03$2.79 $779.14
52-week low $0.08$65.47$0.14 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNWGLBCCMERC
P/E now vs peer median —median 17.9x 25.9xmedian 25.9x 0.0xmedian 17.9x
P/S now vs peer median —median 1.8x 0.4xmedian 1.0x 0.0xmedian 1.8x
EV/EBITDA now vs peer median —median 9.8x 8.7xmedian 13.0x -6.8xmedian 9.8x
P/FCF now vs peer median —median 16.0x 26.3xmedian 23.0x -0.1xmedian 16.0x
P/B now vs peer median 0.7xmedian 1.8x 1.3xmedian 2.4x -0.1xmedian 1.8x
PEG now vs peer median —median 0.73 -0.63median 2.37 0.00median 0.73

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNWGLBCCMERC
Revenue – $6.46B $1.86B
Gross profit – $1.07B $52.72M
Operating income – $160.04M -$437.94M
Net income – $105.69M -$517.45M
Free cash flow – $103.31M -$154.18M
EPS (diluted) – $3.00 $-7.72
Cash & equivalents $200.00K $304.82M $78.78M
Total debt -$11.23M $1.79B $1.95B
Shares (diluted) 16.55M 35.23M 67.04M
Enterprise value -$3.03M $1.02B -$439.79M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNWGLBCCMERC
P/E – 25.9x 0.0x
P/FCF – 26.3x -0.1x
P/Operating cash flow – 9.8x -0.1x
P/S – 0.4x 0.0x
P/B 0.7x 1.3x -0.1x
P/Tangible book 0.7x 1.4x -0.1x
EV/EBITDA – 8.7x -6.8x
EV/EBIT – 17.9x -4.3x
EV/Revenue – 0.4x 1.0x
EV/FCF – 27.7x -12.2x
EV/Operating cash flow – 10.4x -22.2x
PEG (3Y EPS CAGR) – -0.63 0.00

Growth

14 metrics
MetricNWGLBCCMERC
Revenue growth (1Y) – -1.5% -4.8%
Revenue CAGR (3Y) – -3.3% -5.0%
Gross profit growth (1Y) – -10.7% -81.9%
Gross profit CAGR (3Y) – -11.5% -45.3%
Operating income growth (1Y) – -53.6% -5,891%
Operating income CAGR (3Y) – -40.8% -163.0%
Net income growth (1Y) – -59.7% -373.6%
Net income CAGR (3Y) – -43.3% -130.8%
EPS growth (1Y) – -56.8% -372.7%
EPS CAGR (3Y) – -40.9% -130.0%
Operating cash flow growth (1Y) – 0.7% -270.4%
Operating cash flow CAGR (3Y) – -32.5% -41.4%
Free cash flow growth (1Y) – 844.4% -261.2%
Free cash flow CAGR (3Y) – -48.4% -0.7%

Profitability

14 metrics
MetricNWGLBCCMERC
Gross margin – 16.5% 2.8%
EBITDA margin – 5.1% -14.9%
Operating margin – 2.5% -23.6%
Pretax margin – 2.3% -29.7%
Net margin – 1.6% -27.9%
FCF margin – 1.6% -8.3%
Operating cash flow margin – 4.3% -4.6%
Return on equity – 5.2% –
Return on assets – 3.1% -27.0%
Return on invested capital – 4.6% -23.1%
Return on capital employed – 5.9% -33.3%
Asset turnover – 1.9x 1.0x
Cash conversion (OCF / net income) – 2.6x 0.2x
Stock comp / revenue – 0.2% 0.0%

Financial Health

11 metrics
MetricNWGLBCCMERC
Debt / assets 46.3% 13.2% 104.3%
Debt / equity 2.2x 0.2x -19.9x
Net debt / EBITDA – 0.4x -6.8x
Debt / FCF – 4.3x -12.7x
Liabilities / assets 78.5% 40.2% 105.2%
Equity / assets 21.5% 59.8% -5.2%
Interest coverage – 6.5x -3.7x
Current ratio 1.2x 2.7x 1.3x
Quick ratio 0.5x 1.3x 0.6x
Cash ratio 0.0x 0.5x 0.1x
Altman Z-score – 4.26 0.04

Shareholder Returns

7 metrics
MetricNWGLBCCMERC
Dividend yield – 1.1% 0.0%
Net buyback yield – 7.6% –
Shareholder yield – 8.7% 0.0%
Payout ratio (earnings) – 32.5% -1.9%
Payout ratio (FCF) – 33.2% -6.5%
Dividend growth (1Y) – -85.0% -60.0%
Dividend CAGR (3Y) – -42.8% -26.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNWGLBCCMERC
Forward P/E – 20.5xFY2026 –
EPS, next fiscal year – $3.80FY2026 $-3.78FY2026
EPS growth, next FY – +7.6%FY2026 –
EPS growth, the year after – +32.1% –
Revenue, next fiscal year – $6.80BFY2026 $2.04BFY2026
Revenue growth, next FY – +6.3%FY2026 +9.1%FY2026
Revenue growth, the year after – +4.2% +12.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNWGLBCCMERC
Held by institutions – 96.0% 63.8%
Institutions holding – 333 67
Change in shares held, QoQ – -0.4% -11.3%
Institutions buying – 164 27
Institutions selling – 128 19
Buyers to sellers – 1.28 1.42

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NWGLBCCMERC
NWGL 1.00 0.04 0.14
BCC 0.04 1.00 0.23
MERC 0.14 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NWGL, BCC and MERC?

Boise Cascade (BCC) is the largest by market capitalisation: CL Workshop (NWGL) $1.44M, Boise Cascade (BCC) $2.65B, Mercer International (MERC) $8.43M.

Which company is growing faster?

Boise Cascade (BCC) grew revenue fastest over the trailing twelve months: Boise Cascade (BCC) -1.5%, Mercer International (MERC) -4.8%.

Which company is more profitable?

Boise Cascade (BCC) has the highest net margin (Boise Cascade (BCC) 1.6%, Mercer International (MERC) -27.9%). On return on invested capital, Boise Cascade (BCC) leads (Boise Cascade (BCC) 4.6%, Mercer International (MERC) -23.1%).

Which stock has performed better?

Over the past year Boise Cascade (BCC) returned the most: CL Workshop (NWGL) -95.1%, Boise Cascade (BCC) +8.0%, Mercer International (MERC) -94.4%. Over five years, Boise Cascade (BCC) compounded fastest (Boise Cascade (BCC) +5.9%/yr, Mercer International (MERC) -57.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Mercer International (MERC) has the highest dividend yield: CL Workshop (NWGL) 0.00%, Boise Cascade (BCC) 0.01%, Mercer International (MERC) 1.19%. CL Workshop (NWGL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Boise Cascade (BCC) has been the steadiest (CL Workshop (NWGL) 221.5%, Boise Cascade (BCC) 37.9%, Mercer International (MERC) 96.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NWGL, BCC and MERC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Boise Cascade (BCC) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.