SUZ vs WFG vs MERC Stock Comparison

Suzano, West Fraser Timber and Mercer International Prices as of Nov 2, 2026 Peers: Industry group
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SUZ Suzano S.A.
$9.26 +8.8% 1M +2.5% 1Y
Market cap
$11.71B
P/E
7.4x
Revenue (TTM)
$9.04B
Div. yield
2.27%
Pulp and Paper Basic Materials
8 wins

Head to Head

10 decided of 12

Suzano leads on 8 of the 12 questions below (Suzano 8, Mercer International 1, West Fraser Timber 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSUZWFGMERCLeader
Larger companyMarket capitalisation $11.71B $5.22B $8.71M SUZ
Cheaper on earningsLower P/E, profitable companies only 7.4x -4.8x 0.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 6.5x — — –
Faster revenue growthRevenue growth, trailing twelve months +0.7% -7.1% -4.8% SUZ
More profitableNet margin, trailing twelve months 17.2% -20.4% -27.9% SUZ
Better return on capitalReturn on invested capital 7.1% -18.0% -23.1% SUZ
Less leveragedLower net debt / EBITDA 3.1x 2.1x -6.8x MERC
Higher dividend yieldTrailing dividend yield 2.27% 1.94% 0.00% SUZ
Better 1-year returnPrice return, last 12 months +2.5% +8.3% -93.8% WFG
Better 5-year returnAnnualised price return, 5 years +0.7%/yr -4.5%/yr -58.6%/yr SUZ
Less volatileAnnualised volatility, 1 year 30.0% 33.3% 97.4% SUZ
Higher overall scoreMean of the five percentile scores vs peers 55/100 35/100 14/100 SUZ

Percentile Scorecard

SUZWFGMERC

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

AxisSUZWFGMERC
Valuation 89 #34 of 291 46 #158 of 291 19 #236 of 291
Growth 16 #227 of 270 9 #247 of 270 1 #267 of 270
Profitability 77 #55 of 240 20 #193 of 240 27 #175 of 240
Financial Health 29 #211 of 296 38 #183 of 296 8 #274 of 296
Shareholder Returns 64 #74 of 206 60 #83 of 206 14 #178 of 206
Overall 55 35 14
  • SUZ ranked among 309 companies in Basic Materials
  • WFG ranked among 309 companies in Basic Materials
  • MERC ranked among 309 companies in Basic Materials

Price Performance

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

Returns

PeriodSUZWFGMERCSPY
1 month +8.8%-0.7%-50.0% -2.3%
3 months +8.7%-0.6%-80.6% -0.7%
6 months +8.3%+11.1%-87.9% +4.8%
Year to date -0.9%+8.1%-93.4% +10.3%
1 year +2.5%+8.3%-93.8% +10.3%
3 years -11.2%-11.2%-98.6% +73.0%
3 years, per year -3.9%-3.9%-76.0% +20.1%
5 years +3.6%-20.7%-98.8% +61.9%
5 years, per year +0.7%-4.5%-58.6% +10.1%
10 years +163.8%+92.2%-98.4% +258.6%
10 years, per year +10.2%+6.8%-33.7% +13.6%

Risk

MeasureSUZWFGMERCSPY
Volatility, 1Y 30.0%33.3%97.4% 12.8%
Downside volatility, 1Y 28.1%31.8%114.3% 12.8%
Beta vs S&P 500, 1Y 0.620.651.71 1.00
Return / volatility, 1Y 0.090.25-0.96 0.80
Max drawdown, 5Y -41.1%-43.2%-99.3% -25.4%
From 52-week high -19.2%-13.8%-95.3% -3.5%
52-week high $11.46$76.69$2.79 $779.14
52-week low $7.67$57.91$0.12 $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.

MultipleSUZWFGMERC
P/E now vs peer median 7.4xmedian 17.4x -4.8xmedian 17.4x 0.0xmedian 17.4x
P/S now vs peer median 1.3xmedian 1.8x 1.0xmedian 1.8x 0.0xmedian 1.8x
EV/EBITDA now vs peer median 5.9xmedian 10.0x 31.8xmedian 10.0x -6.8xmedian 10.0x
P/FCF now vs peer median 13.2xmedian 15.2x -11.1xmedian 15.2x -0.1xmedian 15.2x
P/B now vs peer median 1.2xmedian 1.8x 1.0xmedian 1.8x -0.1xmedian 1.8x
PEG now vs peer median -0.20median 0.72 -1.62median 0.72 0.00median 0.72

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 monthsSUZWFGMERC
Revenue $9.04B $5.30B $1.86B
Gross profit $2.58B $1.30B $52.72M
Operating income $1.91B -$1.31B -$437.94M
Net income $1.56B -$1.08B -$517.45M
Free cash flow $888.28M -$472.00M -$154.18M
EPS (diluted) $1.25 $-13.64 $-7.72
Cash & equivalents $3.21B $203.00M $78.78M
Total debt $17.89B $578.00M $1.95B
Shares (diluted) 1.24B 79.16M 67.04M
Enterprise value -$6.60B $4.66B -$439.51M

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
MetricSUZWFGMERC
P/E 7.4x -4.8x 0.0x
P/FCF 13.2x -11.1x -0.1x
P/Operating cash flow 3.7x – -0.1x
P/S 1.3x 1.0x 0.0x
P/B 1.2x 1.0x -0.1x
P/Tangible book 1.2x 1.0x -0.1x
EV/EBITDA 5.9x 31.8x -6.8x
EV/EBIT 12.9x -4.3x -4.3x
EV/Revenue 2.7x 1.1x 1.0x
EV/FCF 27.6x -11.8x -12.2x
EV/Operating cash flow 7.8x – -22.2x
PEG (3Y EPS CAGR) -0.20 -1.62 0.00

Growth

14 metrics
MetricSUZWFGMERC
Revenue growth (1Y) 0.7% -7.1% -4.8%
Revenue CAGR (3Y) -1.5% -9.0% -5.0%
Gross profit growth (1Y) -23.8% -10.6% -81.9%
Gross profit CAGR (3Y) -17.1% -14.6% -45.3%
Operating income growth (1Y) -20.3% -307.2% -5,891%
Operating income CAGR (3Y) -30.5% -108.8% -163.0%
Net income growth (1Y) 11.8% -335.5% -373.6%
Net income CAGR (3Y) -29.7% -116.1% -130.8%
EPS growth (1Y) 14.2% -346.3% -372.7%
EPS CAGR (3Y) -36.5% 3.0% -130.0%
Operating cash flow growth (1Y) -11.0% – -270.4%
Operating cash flow CAGR (3Y) -13.2% – -41.4%
Free cash flow growth (1Y) -70.7% 13.6% -261.2%
Free cash flow CAGR (3Y) -47.6% 0.9% -0.7%

Profitability

14 metrics
MetricSUZWFGMERC
Gross margin 28.6% 24.6% 2.8%
EBITDA margin 46.0% 3.3% -14.9%
Operating margin 21.1% -24.7% -23.6%
Pretax margin 25.9% -25.6% -29.7%
Net margin 17.2% -20.4% -27.9%
FCF margin 9.8% -8.9% -8.3%
Operating cash flow margin 34.8% – -4.6%
Return on equity 16.6% -20.3% –
Return on assets 4.8% – -27.0%
Return on invested capital 7.1% -18.0% -23.1%
Return on capital employed 6.4% – -33.3%
Asset turnover 0.3x – 1.0x
Cash conversion (OCF / net income) 2.0x – 0.2x
Stock comp / revenue – – 0.0%

Financial Health

11 metrics
MetricSUZWFGMERC
Debt / assets 54.2% – 104.3%
Debt / equity 1.9x 0.1x -19.9x
Net debt / EBITDA 3.1x 2.1x -6.8x
Debt / FCF 20.1x -1.2x -12.7x
Liabilities / assets 70.9% – 105.2%
Equity / assets 29.1% – -5.2%
Interest coverage 1.4x -42.2x -3.7x
Current ratio 3.4x – 1.3x
Quick ratio 2.3x – 0.6x
Cash ratio 1.9x – 0.1x
Altman Z-score 1.05 – 0.04

Shareholder Returns

7 metrics
MetricSUZWFGMERC
Dividend yield 2.3% 1.9% 0.0%
Net buyback yield – – –
Shareholder yield 2.3% 1.9% 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.

ConsensusSUZWFGMERC
Forward P/E 6.5xFY2026 – –
EPS, next fiscal year $1.43FY2026 $-4.07FY2026 $-3.79FY2026
EPS growth, next FY -31.6%FY2026 – –
EPS growth, the year after -29.4% – –
Revenue, next fiscal year $10.39BFY2026 $5.84BFY2026 $2.02BFY2026
Revenue growth, next FY +7.5%FY2026 +6.9%FY2026 +7.9%FY2026
Revenue growth, the year after +11.4% +9.6% +10.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSUZWFGMERC
Held by institutions 5.9% 49.7% 63.8%
Institutions holding 136 166 67
Change in shares held, QoQ +0.6% +3.1% -11.3%
Institutions buying 77 79 27
Institutions selling 46 55 19
Buyers to sellers 1.67 1.44 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.

SUZWFGMERC
SUZ 1.00 0.27 0.00
WFG 0.27 1.00 0.18
MERC 0.00 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SUZ, WFG and MERC?

Suzano (SUZ) is the largest by market capitalisation: Suzano (SUZ) $11.71B, West Fraser Timber (WFG) $5.22B, Mercer International (MERC) $8.71M.

Which company is growing faster?

Suzano (SUZ) grew revenue fastest over the trailing twelve months: Suzano (SUZ) +0.7%, West Fraser Timber (WFG) -7.1%, Mercer International (MERC) -4.8%.

Which company is more profitable?

Suzano (SUZ) has the highest net margin (Suzano (SUZ) 17.2%, West Fraser Timber (WFG) -20.4%, Mercer International (MERC) -27.9%). On return on invested capital, Suzano (SUZ) leads (Suzano (SUZ) 7.1%, West Fraser Timber (WFG) -18.0%, Mercer International (MERC) -23.1%).

Which stock has performed better?

Over the past year West Fraser Timber (WFG) returned the most: Suzano (SUZ) +2.5%, West Fraser Timber (WFG) +8.3%, Mercer International (MERC) -93.8%. Over five years, Suzano (SUZ) compounded fastest (Suzano (SUZ) +0.7%/yr, West Fraser Timber (WFG) -4.5%/yr, Mercer International (MERC) -58.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Suzano (SUZ) has the highest dividend yield: Suzano (SUZ) 2.27%, West Fraser Timber (WFG) 1.94%, Mercer International (MERC) 0.00%. Mercer International (MERC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Suzano (SUZ) has been the steadiest (Suzano (SUZ) 30.0%, West Fraser Timber (WFG) 33.3%, Mercer International (MERC) 97.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SUZ, WFG 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, Suzano (SUZ) 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.