NYSE:RYAM

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Rayonier Advanced Materials

Market Cap

US$422.3m

Last Updated

2021/06/23 01:52 UTC

Data Sources

Company Financials +

Executive Summary

Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Canada, Japan, Europe, Latin America, other Asian countries, and internationally. More Details


Snowflake Analysis

Fair value with limited growth.


Similar Companies

Share Price & News

How has Rayonier Advanced Materials's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RYAM is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: RYAM's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-14.9%

RYAM

-2.1%

US Chemicals

-0.1%

US Market


1 Year Return

132.2%

RYAM

43.2%

US Chemicals

39.0%

US Market

Return vs Industry: RYAM exceeded the US Chemicals industry which returned 43.2% over the past year.

Return vs Market: RYAM exceeded the US Market which returned 39% over the past year.


Shareholder returns

RYAMIndustryMarket
7 Day-14.9%-2.1%-0.1%
30 Day-10.8%-2.9%2.6%
90 Day-22.9%5.5%8.0%
1 Year132.2%132.2%46.0%43.2%41.2%39.0%
3 Year-58.3%-59.4%46.4%24.4%62.4%52.3%
5 Year-43.1%-46.5%110.3%69.7%132.3%106.2%

Long-Term Price Volatility Vs. Market

How volatile is Rayonier Advanced Materials's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Rayonier Advanced Materials undervalued compared to its fair value and its price relative to the market?

35.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RYAM ($6.64) is trading below our estimate of fair value ($10.32)

Significantly Below Fair Value: RYAM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RYAM is unprofitable, so we can't compare its PE Ratio to the US Chemicals industry average.

PE vs Market: RYAM is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RYAM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RYAM is good value based on its PB Ratio (0.6x) compared to the US Chemicals industry average (2.8x).


Future Growth

How is Rayonier Advanced Materials forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-77.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RYAM's earnings are forecast to decline over the next 3 years (-77.7% per year).

Earnings vs Market: RYAM is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: RYAM's is expected to become profitable in the next 3 years.

Revenue vs Market: RYAM's revenue is expected to decline over the next 3 years (-2.6% per year).

High Growth Revenue: RYAM's revenue is forecast to decline over the next 3 years (-2.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if RYAM's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Rayonier Advanced Materials performed over the past 5 years?

-35.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RYAM is currently unprofitable.

Growing Profit Margin: RYAM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RYAM is unprofitable, and losses have increased over the past 5 years at a rate of 35.5% per year.

Accelerating Growth: Unable to compare RYAM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RYAM is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (1.6%).


Return on Equity

High ROE: RYAM has a negative Return on Equity (-0.36%), as it is currently unprofitable.


Financial Health

How is Rayonier Advanced Materials's financial position?


Financial Position Analysis

Short Term Liabilities: RYAM's short term assets ($699.4M) exceed its short term liabilities ($309.8M).

Long Term Liabilities: RYAM's short term assets ($699.4M) do not cover its long term liabilities ($1.5B).


Debt to Equity History and Analysis

Debt Level: RYAM's debt to equity ratio (164%) is considered high.

Reducing Debt: RYAM's debt to equity ratio has reduced from 23953.2% to 164% over the past 5 years.

Debt Coverage: RYAM's debt is not well covered by operating cash flow (16.2%).

Interest Coverage: RYAM is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

What is Rayonier Advanced Materials's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RYAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RYAM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RYAM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RYAM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: RYAM is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RYAM's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Paul Boynton (55 yo)

7yrs

Tenure

US$5,579,824

Compensation

Mr. Paul G. Boynton has been an Independent Director of The Brink’s Company since 2010. Mr. Boynton has been the President and Chief Executive Officer of Rayonier Advanced Materials Inc. since June 2014 an...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD5.58M) is above average for companies of similar size in the US market ($USD1.67M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RYAM's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: RYAM's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RYAM insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Rayonier Advanced Materials Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Rayonier Advanced Materials Inc.
  • Ticker: RYAM
  • Exchange: NYSE
  • Founded: 1926
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: US$422.286m
  • Shares outstanding: 63.60m
  • Website: https://www.rayonieram.com

Number of Employees


Location

  • Rayonier Advanced Materials Inc.
  • 1301 Riverplace Boulevard
  • Suite 2300
  • Jacksonville
  • Florida
  • 32207
  • United States

Listings


Biography

Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Canada, Japan, Europe, Latin America, other Asian countries, and internationally. The compa...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/23 01:52
End of Day Share Price2021/06/22 00:00
Earnings2021/03/27
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.