NYSE:RYAM

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Rayonier Advanced Materials

Executive Summary

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


Snowflake Analysis

Imperfect balance sheet and overvalued.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.9%

RYAM

-0.3%

US Chemicals

-0.4%

US Market


1 Year Return

-3.6%

RYAM

9.2%

US Chemicals

18.3%

US Market

Return vs Industry: RYAM underperformed the US Chemicals industry which returned 9.2% over the past year.

Return vs Market: RYAM underperformed the US Market which returned 18.3% over the past year.


Shareholder returns

RYAMIndustryMarket
7 Day5.9%-0.3%-0.4%
30 Day32.6%6.0%6.6%
90 Day36.4%5.5%8.6%
1 Year-3.6%-3.6%11.8%9.2%21.0%18.3%
3 Year-68.8%-69.9%15.4%-6.3%42.1%32.7%
5 Year-49.2%-53.3%62.9%25.1%85.6%64.7%

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?

0.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RYAM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RYAM's fair value to establish if it is undervalued.


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 (0.4x) compared to the US Chemicals industry average (2x).


Next Steps

Future Growth

How is Rayonier Advanced Materials forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

61.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RYAM is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: RYAM is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: RYAM is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: RYAM's revenue (3.2% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: RYAM's revenue (3.2% per year) is forecast to grow slower than 20% 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


Next Steps

Past Performance

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

-16.4%

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 16.4% 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 (-18.6%).


Return on Equity

High ROE: RYAM has a negative Return on Equity (-16.82%), as it is currently unprofitable.


Next Steps

Financial Health

How is Rayonier Advanced Materials's financial position?


Financial Position Analysis

Short Term Liabilities: RYAM's short term assets ($595.2M) exceed its short term liabilities ($305.5M).

Long Term Liabilities: RYAM's short term assets ($595.2M) do not cover its long term liabilities ($1.5B).


Debt to Equity History and Analysis

Debt Level: RYAM's debt to equity ratio (165.7%) is considered high.

Reducing Debt: RYAM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: RYAM's debt is not well covered by operating cash flow (3.2%).

Interest Coverage: Insufficient data to determine if RYAM's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

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?

2.5yrs

Average management tenure


CEO

Paul Boynton (55 yo)

6.33yrs

Tenure

US$7,348,393

Compensation

Mr. Paul G. Boynton has served as 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 and had been ...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD7.35M) is above average for companies of similar size in the US market ($USD1.24M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Paul Boynton
President6.33yrsUS$7.35m1.35%
$ 3.7m
Marcus Moeltner
CFO & Senior VP of Finance1.25yrsUS$703.40k0.0026%
$ 7.0k
James Posze
Senior Vice President of Human Resources7.58yrsUS$851.79k0.16%
$ 447.7k
Frank Ruperto
Executive Vice President of High Purity & High Yield Cellulose Business1.25yrsUS$1.65m0.32%
$ 886.3k
William Manzer
Senior Vice President of Manufacturing Operations4.33yrsUS$1.10m0.14%
$ 392.2k
Gabriela Garcia
Chief Accounting Officer0.083yrno datano data
Mickey Walsh
VP of Investor Relations & Treasurerno datano datano data
Richard Slaughter
VP, General Counsel & Corporate Secretary0.58yrno data0.017%
$ 45.6k
Chris Black
Senior Vice President of Forest Products & Board Business3.75yrsno datano data
Ken Duffy
Vice President of Sales & Marketing - High Yield Pulpno datano datano data
Carla Yetter
Vice President of Environmental Affairsno datano datano data

2.5yrs

Average Tenure

55yo

Average Age

Experienced Management: RYAM's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Paul Boynton
President6.33yrsUS$7.35m1.35%
$ 3.7m
Charles Adair
Independent Director5yrsUS$211.66k0.064%
$ 176.0k
David Mariano
Independent Director0.42yrno data1.31%
$ 3.6m
De Lyle Bloomquist
Independent Non-Executive Chairman0.42yrUS$191.66k0.098%
$ 267.3k
Lisa Palumbo
Independent Director6.33yrsUS$201.66k0.10%
$ 285.0k
James Kirsch
Independent Director6.75yrsUS$191.66k0.065%
$ 178.1k
Thomas Morgan
Independent Director6.75yrsUS$191.66k0.066%
$ 179.6k
Ivona Smith
Independent Director0.42yrno datano data
Julie Dill
Independent Director2.33yrsUS$191.66k0.032%
$ 88.4k

5.0yrs

Average Tenure

61yo

Average Age

Experienced Board: RYAM's board of directors are considered experienced (5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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$273.044m
  • Shares outstanding: 63.35m
  • Website: https://www.rayonieram.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RYAMNYSE (New York Stock Exchange)YesCommon StockUSUSDJun 2014
RYQDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2014

Biography

Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Japan, Europe, Latin America, other Asian countries, Canada, 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 Analysis2020/10/25 00:33
End of Day Share Price2020/10/23 00:00
Earnings2020/06/27
Annual Earnings2019/12/31


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.