Suzano S.A. manufactures and sells pulp and paper products in Brazil and internationally. It operates in two segments, Cellulose, and Paper. The company offers coated and uncoated printing and writing papers, paperboards, tissue papers, and market and fluff pulps. It also engages in the research, development, and production of biofuel; operation of port terminals; biotechnology and nanocrystalline pulps research and …
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Competitive advantage assessment
Key strengths
Margins Consistently Above PeersGross margin at 32.4% (top 24%) and operating margin at 21.2% (top 12%) indicate strong pricing power.
Cost Leadership PositionOperating margin at 87.9th percentile with strong OpEx control demonstrates cost leadership.
Key risks
Volatile Margins Suggest CyclicalityMargin volatility is high (stability score 0.39), suggesting cyclical exposure or competitive pressure.
The dashed ring is the peer median. Defense scores are percentile ranks
against peers, so 50 is roughly the typical company in this group.
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Where SUZ ranks in Materials: Construction, Forest & Carbon Materials
Suzano S.A. ranks #7 of 36
scored companies in Materials: Construction, Forest & Carbon Materials by moat score — the top 19%.
The widest moat in the group is United States Lime & Minerals, (USLM)
at 82/100.
Moat scores for companies ranked near SUZ in Materials: Construction, Forest & Carbon Materials
Pricing power is the ability to raise prices without losing volume.
Cost Advantage
Score 71
· 15% of the moat score
A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.
Customer Stickiness
Score 71
· 15% of the moat score
Stickiness is what makes revenue repeat without being re-won every year.
Capital Efficiency
Score 46
· 18% of the moat score
Capital efficiency asks what the company earns on the money tied up in the business.
Resilience
Score 60
· 17% of the moat score
Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.
Scale & Market Position
Score 60
· 15% of the moat score
Scale matters only when it converts into economics.
Suzano S.A. (SUZ) scores 62 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #7 of 36 scored companies in Materials: Construction, Forest & Carbon Materials, the top 19%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 35 companies in Materials: Construction, Forest & Carbon Materials. Its strongest defense is Cost Advantage (71/100) and its weakest is Capital Efficiency (46/100).
How does Suzano S.A. compare with other Materials: Construction, Forest & Carbon Materials companies?
Suzano S.A. ranks #7 of 36 scored companies in Materials: Construction, Forest & Carbon Materials by moat score. The widest moat in Materials: Construction, Forest & Carbon Materials is United States Lime & Minerals, (USLM) at 82/100. The companies ranked closest are Vulcan Materials Company (Holdi (VMC) at 64 just above it and Smith-Midland Corporation (SMID) at 61 just below it.
How is the moat score calculated?
Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 35 companies in Materials: Construction, Forest & Carbon Materials. The defenses are then weighted to produce the overall score out of 100.
Why is Suzano S.A. scored with the Corporate Default template?
Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.
Which competitive defenses are measured for Suzano S.A.?
The Corporate Default template measures 6 defenses, and SUZ scores: Pricing Power (65), Cost Advantage (71), Customer Stickiness (71), Capital Efficiency (46), Resilience (60), Scale & Market Position (60). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
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