Rayonier Advanced Materials (NYSE:RYAM) - Share price, News & Analysis

RYAM fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

RYAM Stock Overview

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.

Risk Analysis

Debt is not well covered by operating cash flow

Rayonier Advanced Materials Competitors

UPM-Kymmene Oyj

HLSE:UPM

€17.4b

International Paper

NYSE:IP

US$17.5b

Stora Enso Oyj

HLSE:STERV

€14.4b

Suzano

BOVESPA:SUZB3

R$70.3b

Price History & Performance

Summary of all time highs, changes and price drops for Rayonier Advanced Materials
Historical stock prices
Current Share Price	US$4.00
52 Week High	US$8.32
52 Week Low	US$3.89
Beta	3.28
1 Month Change	-24.53%
3 Month Change	-22.33%
1 Year Change	-45.65%
3 Year Change	-41.52%
5 Year Change	-76.72%
Change since IPO	-90.00%

Shareholder Returns

	RYAM	US Chemicals	US Market
7D	-23.1%	-1.6%	-4.0%
1Y	-45.7%	-3.4%	-13.2%

Return vs Industry: RYAM underperformed the US Chemicals industry which returned -3.4% over the past year.

Return vs Market: RYAM underperformed the US Market which returned -12.3% over the past year.

Price Volatility

Is RYAM's price volatile compared to industry and market?
RYAM volatility
RYAM Average Weekly Movement	8.3%
Chemicals Industry Average Movement	7.1%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	2.9%

Stable Share Price: RYAM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: RYAM's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1926	2,500	Vito Consiglio	https://www.rayonieram.com

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 company operates through High Purity Cellulose, Paperboard, and High-Yield Pulp segments. Its products include cellulose specialties, which are natural polymers that are used as raw materials to manufacture a range of consumer-oriented products, such as liquid crystal displays, impact-resistant plastics, thickeners for food products, pharmaceuticals, cosmetics, cigarette filters, high-tenacity rayon yarn for tires and industrial hoses, food casings, paints, and lacquers.

Rayonier Advanced Materials Fundamentals Summary

How do Rayonier Advanced Materials's earnings and revenue compare to its market cap?
RYAM fundamental statistics
Market Cap	US$255.40m
Earnings (TTM)	-US$57.94m
Revenue (TTM)	US$1.44b

0.2x

P/S Ratio

-4.4x

P/E Ratio

Is RYAM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
RYAM income statement (TTM)
Revenue	US$1.44b
Cost of Revenue	US$1.38b
Gross Profit	US$60.23m
Other Expenses	US$118.16m
Earnings	-US$57.94m

Last Reported Earnings

Mar 26, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.91
Gross Margin	4.18%
Net Profit Margin	-4.02%
Debt/Equity Ratio	117.3%

How did RYAM perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

0.32x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RYAM's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate RYAM's fair value for valuation analysis.

Price To Earnings Ratio

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

PE vs Market: RYAM is unprofitable, so we can't compare its Price-To-Earnings 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 Price-To-Book Ratio (0.3x) compared to the US Chemicals industry average (2.3x).

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

7.4%

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 (0.4% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: RYAM's revenue (0.4% 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

Past Performance

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

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-54.7%

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 54.7% 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 (30.2%).

Return on Equity

High ROE: RYAM has a negative Return on Equity (-7.36%), as it is currently unprofitable.

Financial Health

How is Rayonier Advanced Materials's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: RYAM's short term assets ($744.8M) exceed its short term liabilities ($378.2M).

Long Term Liabilities: RYAM's short term assets ($744.8M) do not cover its long term liabilities ($1.3B).

Debt to Equity History and Analysis

Debt Level: RYAM's net debt to equity ratio (88.5%) is considered high.

Reducing Debt: RYAM's debt to equity ratio has reduced from 360.7% to 117.3% over the past 5 years.

Debt Coverage: RYAM's debt is not well covered by operating cash flow (18.6%).

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

Balance Sheet

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

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.

Earnings Payout to Shareholders

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

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as RYAM has not reported any payouts.

Discover strong dividend paying companies

Management

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

2.2yrs

Average management tenure

CEO

Vito Consiglio (56 yo)

0.33

Tenure

Mr. Vito J. Consiglio served as Senior Vice President and Chief Commercial Officer of Ashland Global Holdings Inc. since October 2018 until January 31, 2020 and served as Vice President of Personal and Hom...

Leadership Team

Experienced Management: RYAM's management team is considered experienced (2.2 years average tenure).

Board Members

Experienced Board: RYAM's board of directors are considered experienced (6.6 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/24 00:00
End of Day Share Price	2022/05/24 00:00
Earnings	2022/03/26
Annual Earnings	2021/12/31