(RYAM) Rayonier Advanced Materials - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US75508B1044

Stock: Cellulose Specialties, High-Yield Pulp, Paperboard

Total Rating 35

Risk 79

Buy Signal 0.01

Chemicals » Specialty Chemicals
Age: 11.7y

Market Cap: 520m
Avg Trading Vol: 6.93M USD

ATR: 4.93%
Peers RS (IBD): 83.78

EPS (Earnings per Share)

EPS CAGR: 1.98%
EPS Trend: -24.3%

Last SUE: 0.03
Qual. Beats: 0

Revenue

Rev. CAGR: -1.53%
Rev. Trend: -33.4%

Last SUE: -0.91
Qual. Beats: 0

Risk 5d forecast
Volatility	57.9%
Relative Tail Risk	-17.6%

Reward TTM
Sharpe Ratio	0.34
Alpha	-11.42

Character TTM
Beta	1.281
Beta Downside	1.647

Drawdowns 3y
Max DD	67.46%
CAGR/Max DD	0.10

Description: RYAM Rayonier Advanced Materials December 30, 2025

Rayonier Advanced Materials (RYAM) produces cellulose-based specialty chemicals and commodity products across five geographic regions, operating through three segments: High Purity Cellulose, Paperboard, and High-Yield Pulp. Its portfolio spans high-performance polymers for LCDs, impact-resistant plastics, and tire cords, as well as commodity viscose for textiles and absorbent fluff for hygiene items, plus paperboard for packaging and publishing.

In FY 2023 the company generated roughly $1.2 billion in revenue with an adjusted EBITDA margin of ~12%, while capacity utilization hovered near 85% across its U.S. and European plants. Key economic drivers include rising demand for sustainable bio-based polymers in the EV tire and packaging sectors, and the price volatility of wood-pulp feedstock, which together account for about 60% of RYAM’s cost structure. A sector-wide trend toward greener alternatives to petrochemical plastics is expanding the addressable market for high-purity cellulose, but also intensifies competition from emerging Asian producers.

For a deeper dive into RYAM’s valuation metrics and peer comparison, see the ValueRay analysis.

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income: -415.4m TTM > 0 and > 6% of Revenue
FCF/TA: -0.04 > 0.02 and ΔFCF/TA -8.68 > 1.0
NWC/Revenue: 14.57% < 20% (prev 16.26%; Δ -1.70% < -1%)
CFO/TA 0.03 > 3% & CFO 46.6m > Net Income -415.4m
Net Debt (745.2m) to EBITDA (151.1m): 4.93 < 3
Current Ratio: 1.57 > 1.5 & < 3
Outstanding Shares: last quarter (67.0m) vs 12m ago 1.68% < -2%
Gross Margin: 8.06% > 18% (prev 0.10%; Δ 796.7% > 0.5%)
Asset Turnover: 74.40% > 50% (prev 75.50%; Δ -1.09% > 0%)
Interest Coverage Ratio: 0.21 > 6 (EBITDA TTM 151.1m / Interest Expense TTM 95.4m)

Altman Z'' 0.67

A: 0.12 (Total Current Assets 590.6m - Total Current Liabilities 376.2m) / Total Assets 1.80b
B: -0.04 (Retained Earnings -67.4m / Total Assets 1.80b)
C: 0.01 (EBIT TTM 20.4m / Avg Total Assets 1.98b)
D: -0.06 (Book Value of Equity -88.8m / Total Liabilities 1.44b)
Altman-Z'' Score: 0.67 = B

Beneish M -3.53

DSRI: 1.04 (Receivables 184.8m/196.1m, Revenue 1.47b/1.63b)
GMI: 1.19 (GM 8.06% / 9.57%)
AQI: 0.36 (AQ_t 0.08 / AQ_t-1 0.24)
SGI: 0.90 (Revenue 1.47b / 1.63b)
TATA: -0.26 (NI -415.4m - CFO 46.6m) / TA 1.80b)
Beneish M-Score: -3.53 (Cap -4..+1) = AAA

What is the price of RYAM shares?

As of February 09, 2026, the stock is trading at USD 8.06 with a total of 870,585 shares traded.
Over the past week, the price has changed by +3.87%, over one month by +14.81%, over three months by +34.11% and over the past year by +7.75%.

Is RYAM a buy, sell or hold?

Rayonier Advanced Materials has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy RYAM.

StrongBuy: 0
Buy: 1
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the RYAM price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	9	11.7%
Analysts Target Price	9	11.7%
ValueRay Target Price	8.1	0%

RYAM Fundamental Data Overview February 03, 2026

P/E Forward = 23.4742
P/S = 0.3534
P/B = 1.581
P/EG = -1.47
Revenue TTM = 1.47b USD
EBIT TTM = 20.4m USD
EBITDA TTM = 151.1m USD
Long Term Debt = 763.5m USD (from longTermDebt, last quarter)
Short Term Debt = 38.5m USD (from shortTermDebt, last quarter)
Debt = 822.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 745.2m USD (from netDebt column, last quarter)
Enterprise Value = 1.27b USD (520.0m + Debt 822.2m - CCE 77.0m)
Interest Coverage Ratio = 0.21 (Ebit TTM 20.4m / Interest Expense TTM 95.4m)
EV/FCF = -15.74x (Enterprise Value 1.27b / FCF TTM -80.4m)
FCF Yield = -6.35% (FCF TTM -80.4m / Enterprise Value 1.27b)
FCF Margin = -5.46% (FCF TTM -80.4m / Revenue TTM 1.47b)
Net Margin = -28.23% (Net Income TTM -415.4m / Revenue TTM 1.47b)
Gross Margin = 8.06% ((Revenue TTM 1.47b - Cost of Revenue TTM 1.35b) / Revenue TTM)
Gross Margin QoQ = 9.63% (prev 6.95%)
Tobins Q-Ratio = 0.70 (Enterprise Value 1.27b / Total Assets 1.80b)
Interest Expense / Debt = 3.04% (Interest Expense 25.0m / Debt 822.2m)
Taxrate = 21.0% (US default 21%)
NOPAT = 16.1m (EBIT 20.4m * (1 - 21.00%))
Current Ratio = 1.57 (Total Current Assets 590.6m / Total Current Liabilities 376.2m)
Debt / Equity = 2.43 (Debt 822.2m / totalStockholderEquity, last quarter 338.2m)
Debt / EBITDA = 4.93 (Net Debt 745.2m / EBITDA 151.1m)
Debt / FCF = -9.27 (negative FCF - burning cash) (Net Debt 745.2m / FCF TTM -80.4m)
Total Stockholder Equity = 520.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -21.00% (Net Income -415.4m / Total Assets 1.80b)
RoE = -79.79% (Net Income TTM -415.4m / Total Stockholder Equity 520.6m)
RoCE = 1.59% (EBIT 20.4m / Capital Employed (Equity 520.6m + L.T.Debt 763.5m))
RoIC = 1.26% (NOPAT 16.1m / Invested Capital 1.27b)
WACC = 5.59% (E(520.0m)/V(1.34b) * Re(10.64%) + D(822.2m)/V(1.34b) * Rd(3.04%) * (1-Tc(0.21)))
Discount Rate = 10.64% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.25%
Fair Price DCF = unknown (Cash Flow -80.4m)
EPS Correlation: -24.30 | EPS CAGR: 1.98% | SUE: 0.03 | # QB: 0
Revenue Correlation: -33.45 | Revenue CAGR: -1.53% | SUE: -0.91 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.04 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=0.35 | Chg30d=-0.077 | Revisions Net=-1 | Growth EPS=+107.9% | Growth Revenue=+6.5%

Additional Sources for RYAM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle