Mercer International (FRA:AEZ) Current Ratio: 2.17 (As of Mar. 2026) — 42% Below Median

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FRA:AEZ Mercer International Inc FRA:AEZ
38 GF Score
Price €0.58
GF Value €5.39
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Mercer International Current Ratio?

Mercer International FRA:AEZ -3.17% 38 Current Ratio is 2.17 as of Mar. 2026, which is 42% below its 10-year median of 3.73. GuruFocus rates FRA:AEZ with a GF Score™ of 38/100 and a GF Value™ of €5.39 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 287 Forest Products companies, Mercer International ranks better than 67.25% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mercer International's current ratio for the quarter that ended in Mar. 2026 was 2.17.

Mercer International has a current ratio of 2.17. It generally indicates good short-term financial strength.

The historical rank and industry rank for Mercer International's Current Ratio or its related term are showing as below:

FRA:AEZ' s Current Ratio Range Over the Past 10 Years
Min: 1.98   Med: 3.73   Max: 4.59
Current: 2.17

During the past 13 years, Mercer International's highest Current Ratio was 4.59. The lowest was 1.98. And the median was 3.73.

FRA:AEZ's Current Ratio is ranked better than
67.25% of 287 companies
in the Forest Products industry
Industry Median: 1.56 vs FRA:AEZ: 2.17

Mercer International  (FRA:AEZ) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Mercer International Current Ratio Related Terms


Mercer International Current Ratio Historical Data

* Premium members only.

The historical data trend for Mercer International's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mercer International Current Ratio Chart

Mercer International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.76 3.12 3.82 3.55 3.05

Mercer International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.25 3.10 3.01 3.05 2.17

FRA:AEZ vs ITP, SLVM: Current Ratio Comparison

For the Paper & Paper Products subindustry, Mercer International's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercer International Current Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mercer International's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mercer International's Current Ratio falls into.


FRA:AEZ
38GF Score
Mercer International Inc FRA:AEZ
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercer International Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Mercer International's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=739.395/242.217
=3.05

Mercer International's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=722.06/332.831
=2.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.17 mean?
Mercer International (FRA:AEZ) has a Current Ratio of 2.17 as of Mar. 2026. This is 42% below median its historical median of 3.73. Over the past decade, Mercer International's Current Ratio has ranged from 1.98 to 4.59. According to the industry distribution chart, Mercer International ranks #94 out of 287 companies in the Forest Products industry, placing it in the top 32.8%.
Is Mercer International's Current Ratio too high?
Mercer International's current Current Ratio of 2.17 is 42% below median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 4.59. The Forest Products industry median Current Ratio is 1.56. Mercer International's value of 2.17 is 39.1% above this industry median. Based on the distribution chart, Mercer International ranks #94 out of 287 companies in the Forest Products industry, which is above the industry midpoint. Overall, Mercer International has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mercer International's Current Ratio compare to ITP and SLVM?
According to the Forest Products industry distribution chart, Mercer International ranks #94 out of 287 companies for Current Ratio. This puts Mercer International in the upper half of its industry. The industry median Current Ratio is 1.56. Mercer International's value of 2.17 is 39.1% above this benchmark. Historically, Mercer International's own Current Ratio has ranged from 1.98 to 4.59 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 1.56, Mercer International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Forest Products company?
The median Current Ratio among Forest Products companies is 1.56, based on 287 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercer International's current Current Ratio of 2.17 is 39.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Forest Products industry, the median Current Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercer International's current Current Ratio is 2.17, which is 42% below median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercer International stock overvalued right now?
Based on GuruFocus' analysis, Mercer International (FRA:AEZ) is currently considered Possible Value Trap. The stock's GF Value™ is €5.39, compared to a current price of €0.58 — trading 89.2% below its estimated fair value. The current Current Ratio is 2.17, which is 42% below median its 10-year median of 3.73 and 39.1% above the Forest Products industry median of 1.56. Mercer International's overall GF Score™ is 38/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mercer International (FRA:AEZ), the current Current Ratio is 2.17 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mercer International (FRA:AEZ) Overvalued in 2026?

Based on GuruFocus' analysis, Mercer International stock appears to be undervalued. The current stock price of €0.58 is trading 89.2% below its estimated GF Value™ of €5.39. GuruFocus considers Mercer International to be Possible Value Trap.

Key valuation signals for FRA:AEZ:

  • Current Ratio: 2.17 (42% below median its 10-year median of 3.73)
  • GF Value™: €5.39 vs. price of €0.58 (89.2% below fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 39.1% above the Forest Products median (#94 of 287)

No single metric tells the full story. See the FRA:AEZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercer International Business Description

Other Exchanges MERC:USAAEZ:Germany
Address 700 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1G8
Mercer International Inc is a forest products company with two reportable operating segments in pulp and solid wood. The pulp segment consists of the manufacture, sale, and distribution of pulp, electricity, and chemicals. The company has a geographical presence in the USA, Germany, China, and Other countries, where the maximum of revenue is generated from the China. The majority of the revenue is generated from the Pulp segment.
38GF Score

Get the complete analysis for FRA:AEZ

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.58
Price
€5.39
GF Value