NWGL vs MERC Stock Comparison

CL Workshop and Mercer International Prices as of Oct 23, 2026 Peers: Industry group

Head to Head

3 decided of 12

Mercer International leads on 3 of the 12 questions below (Mercer International 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

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

Percentile Scorecard

NWGLMERC

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

AxisNWGLMERC
Valuation – 19 #232 of 287
Growth – 1 #265 of 267
Profitability – 27 #176 of 240
Financial Health 7 #275 of 295 8 #273 of 295
Shareholder Returns – 13 #177 of 204
Overall – 14
  • NWGL ranked among 308 companies in Basic Materials
  • 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

PeriodNWGLMERCSPY
1 month -94.3%-56.3% -1.0%
3 months -70.4%-79.1% +2.9%
6 months -91.9%-87.5% +6.4%
Year to date -94.4%-92.9% +11.4%
1 year -95.1%-94.4% +13.1%
3 years -99.2%-98.4% +79.4%
3 years, per year -80.2%-74.7% +21.5%
5 years —-98.6% +67.7%
5 years, per year —-57.7% +10.9%
10 years —-98.2% +255.2%
10 years, per year —-33.1% +13.5%

Risk

MeasureNWGLMERCSPY
Volatility, 1Y 221.5%96.6% 12.7%
Downside volatility, 1Y 286.4%113.0% 12.7%
Beta vs S&P 500, 1Y 2.411.91 1.00
Return / volatility, 1Y -0.43-0.98 1.03
Max drawdown, 5Y -99.6%-99.2% -25.4%
From 52-week high -95.4%-95.0% -2.5%
52-week high $1.75$2.79 $779.14
52-week low $0.08$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.

MultipleNWGLMERC
P/E now vs peer median —median 17.9x 0.0xmedian 17.9x
P/S now vs peer median —median 1.8x 0.0xmedian 1.8x
EV/EBITDA now vs peer median —median 9.8x -6.8xmedian 9.8x
P/FCF now vs peer median —median 16.0x -0.1xmedian 16.0x
P/B now vs peer median 0.7xmedian 1.8x -0.1xmedian 1.8x
PEG now vs peer median —median 0.73 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 monthsNWGLMERC
Revenue – $1.86B
Gross profit – $52.72M
Operating income – -$437.94M
Net income – -$517.45M
Free cash flow – -$154.18M
EPS (diluted) – $-7.72
Cash & equivalents $200.00K $78.78M
Total debt -$11.23M $1.95B
Shares (diluted) 16.55M 67.04M
Enterprise value -$3.03M -$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
MetricNWGLMERC
P/E – 0.0x
P/FCF – -0.1x
P/Operating cash flow – -0.1x
P/S – 0.0x
P/B 0.7x -0.1x
P/Tangible book 0.7x -0.1x
EV/EBITDA – -6.8x
EV/EBIT – -4.3x
EV/Revenue – 1.0x
EV/FCF – -12.2x
EV/Operating cash flow – -22.2x
PEG (3Y EPS CAGR) – 0.00

Growth

14 metrics
MetricNWGLMERC
Revenue growth (1Y) – -4.8%
Revenue CAGR (3Y) – -5.0%
Gross profit growth (1Y) – -81.9%
Gross profit CAGR (3Y) – -45.3%
Operating income growth (1Y) – -5,891%
Operating income CAGR (3Y) – -163.0%
Net income growth (1Y) – -373.6%
Net income CAGR (3Y) – -130.8%
EPS growth (1Y) – -372.7%
EPS CAGR (3Y) – -130.0%
Operating cash flow growth (1Y) – -270.4%
Operating cash flow CAGR (3Y) – -41.4%
Free cash flow growth (1Y) – -261.2%
Free cash flow CAGR (3Y) – -0.7%

Profitability

14 metrics
MetricNWGLMERC
Gross margin – 2.8%
EBITDA margin – -14.9%
Operating margin – -23.6%
Pretax margin – -29.7%
Net margin – -27.9%
FCF margin – -8.3%
Operating cash flow margin – -4.6%
Return on equity – –
Return on assets – -27.0%
Return on invested capital – -23.1%
Return on capital employed – -33.3%
Asset turnover – 1.0x
Cash conversion (OCF / net income) – 0.2x
Stock comp / revenue – 0.0%

Financial Health

11 metrics
MetricNWGLMERC
Debt / assets 46.3% 104.3%
Debt / equity 2.2x -19.9x
Net debt / EBITDA – -6.8x
Debt / FCF – -12.7x
Liabilities / assets 78.5% 105.2%
Equity / assets 21.5% -5.2%
Interest coverage – -3.7x
Current ratio 1.2x 1.3x
Quick ratio 0.5x 0.6x
Cash ratio 0.0x 0.1x
Altman Z-score – 0.04

Shareholder Returns

7 metrics
MetricNWGLMERC
Dividend yield – 0.0%
Net buyback yield – –
Shareholder yield – 0.0%
Payout ratio (earnings) – -1.9%
Payout ratio (FCF) – -6.5%
Dividend growth (1Y) – -60.0%
Dividend CAGR (3Y) – -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.

ConsensusNWGLMERC
EPS, next fiscal year – $-3.78FY2026
Revenue, next fiscal year – $2.04BFY2026
Revenue growth, next FY – +9.1%FY2026
Revenue growth, the year after – +12.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNWGLMERC
Held by institutions – 63.8%
Institutions holding – 67
Change in shares held, QoQ – -11.3%
Institutions buying – 27
Institutions selling – 19
Buyers to sellers – 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.

NWGLMERC
NWGL 1.00 0.14
MERC 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NWGL and MERC?

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

Which stock has performed better?

Over the past year Mercer International (MERC) returned the most: CL Workshop (NWGL) -95.1%, Mercer International (MERC) -94.4%. Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: CL Workshop (NWGL) 0.00%, Mercer International (MERC) 1.19%. CL Workshop (NWGL) pays no regular dividend.

Which stock is riskier?

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

Do NWGL and MERC move together?

Their daily returns over the past year have a correlation of 0.14, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, NWGL 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, Mercer International (MERC) leads on 3. 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.