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RYAMRayonier Advanced Materials IncSell5.2·$8.38-0.71%
SellModerate Confidence
Investment thesis

Rayonier Advanced Materials pairs a statistically cheap valuation with a business quality score far below the required floor and three consecutive earnings misses, and while the 200-day moving average is still technically rising, the overall setup supports caution.

Thesis pillars

  • Quality Below Minimum FloorStable
  • Cheap Valuation Large DiscountStable
  • Repeated Earnings MissesImproving
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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Rayonier Advanced Materials Inc (RYAM) Stock Analysis

Breakout setup · Inst Constrain edge

SellGrowthModerate Confidence

Basic Materials · Chemicals

Sell if holding. Engine safety override at $8.38: Quality below floor (1.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10 and A.R:R 2.8:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality.

Rayonier Advanced Materials (RYAM) is a global producer of cellulose specialties and derivatives used in filters, food, pharmaceuticals, and industrial applications, operating five segments: Cellulose Specialties, Biomaterials, Cellulose Commodities, Paperboard, and High-Yield... Read more

$8.38+42.0% A.UpsideScore 5.2/10#9 of 15 Chemicals
QualityF-score3 / 9FCF yield-7.44%
Stop $7.79Target $11.90(analyst − 15%)A.R:R 2.8:1
Analyst target$14.00+67.1%2 analysts
$11.90our TP
$8.38price
$14.00mean
$15

Sell if holding. Engine safety override at $8.38: Quality below floor (1.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10 and A.R:R 2.8:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 69, MACD bullish. Score 5.2/10, moderate confidence.

Passes 6/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, news events none recent, semi cycle peak clear, materials cycle peak clear). Suitability: aggressive.

10-K grounded · weekly refresh

About Rayonier Advanced Materials Inc

About Rayonier Advanced Materials Inc

Rayonier Advanced Materials operates three cellulose production facilities with combined annual capacity of 885,000 metric tons, split across Cellulose Specialties - the company's primary profit driver - and Cellulose Commodities, alongside a separate Temiscaming, Quebec complex producing 180,000 MTs of Kallima paperboard and 290,000 MTs of high-yield pulp annually. International sales made up 68% of 2025 revenue, with $273 million shipped to China and $133 million of Canadian exports to the U.S., and the company's ten largest customers accounted for approximately 38% of 2025 revenue.

Wood, chemicals, and energy inputs represent 30% to 50% of RYAM's per-ton cost of sales depending on the segment, with cellulose specialties pricing typically set annually each fourth quarter through direct customer negotiations rather than spot pricing, while commodity products such as fluff and viscose pulp are priced off published indices. The company competes against Bracell and Borregaard in cellulose specialties, and against Smurfit Westrock, Graphic Packaging, and Sappi in paperboard, positioning itself as the only cellulose specialties producer with both hardwood and softwood, kraft and sulfite processing flexibility across four global facilities. RYAM's Biomaterials segment - lignosulfonates, tall oil soap, HCE, and 2G bioethanol - sells the bioethanol under a long-term offtake agreement with a large international petrochemicals company, while the company's Temiscaming paperboard and high-yield pulp lines keep running at full capacity even after the site's cellulose plant permanently ceased dissolving wood pulp production in the first quarter of 2026.

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RYAM's own filing quantifies its counterparty concentration directly: the ten largest customers accounted for approximately 38% of 2025 revenue, and the loss of a substantial portion of that business could materially affect results, even though the company states it is not dependent on any single customer. Layered on top of that exposure is trade-policy risk with China, RYAM's largest single export market at $273 million of 2025 product sales - $234 million of which was manufactured in the U.S. - where retaliatory Chinese tariffs on commodity fluff imposed in 2025 already reduced operating income and could continue to do so for as long as they remain in place.

See also: Basic Materials · Chemicals

From Rayonier Advanced Materials Inc's most recent 10-K filing, extracted July 6, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-25

Recent Developments — Rayonier Advanced Materials Inc

Generated 2026-07-25T14:12:24Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Aug 4, 202610d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Geographic: customers outside the U.S. (68.0%)
Quality below floor (1.2 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)7.3
Mkt Cap$565M
EV/EBITDA10.0
Profit Mgn-32.8%
ROE-100.5%
Rev Growth-9.5%
Beta1.78
DividendNone
Rating analysts7

Quality Signals

Piotroski F3/9

Options Flow

P/C1.00neutral
IV91%elevated

Concentration Risks(10-K Item 1A)

  • MEDIUMCustomerten largest customers38%
    10-K Item 1A: 'our ten largest customers accounted for a significant portion, approximately 38 percent, of our 2025 revenue.'
  • HIGHGeographiccustomers outside the U.S.68%
    10-K Item 1A: 'Sales to customers outside the U.S. made up 68 percent of our revenue in 2025.'
  • MEDIUMGeographicChina
    10-K Item 1A: 'In 2025, we had product sales of $273 million shipped to customers in China and, of this amount, $234 million were products manufactured in the U.S.'

Material Events(8-K, last 90d)

  • 2026-06-22Item 5.02MEDIUM
    Board appointed Daniel M. Krawczyk as CEO and President effective June 22, 2026, also naming him a Class III director, filling the vacancy from Scott Sutton's departure; the interim Office of the CEO was disbanded. Krawczyk was previously President of Huber Engineered Materials.
    SEC filing →
  • 2026-04-24Item 5.02MEDIUM
    Former CEO Scott M. Sutton resigned from the Board of Directors on April 24, 2026 and withdrew as a director nominee for the 2026 Annual Meeting, following his April 16, 2026 resignation as President and CEO.
    SEC filing →
  • 2026-04-21Item 5.02HIGH
    President and CEO Scott M. Sutton resigned effective April 16, 2026; the Board established an interim Office of the CEO comprising four executives (CFO Marcus Moeltner as interim principal executive officer) with no permanent successor named at the time.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

4 floor-breakers·1 ceiling hit

Cyclical trough — margins compressed or negative. Profitability typically recovers with the cycle, but floor fires on current data.static

Roe
0.0
Roa
0.0
Gross Margin
0.0
Operating Margin
0.0
Net Margin
0.0
Fcf Quality
0.0
Moat
2.5
Piotroski F
3.3
Current Ratio
5.1
Cash-burning: FCF -3% of revenueNo competitive moatWeak Piotroski F-Score: 3/9Quality concerns

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
0.0
Growth Rank
1.3
Value Rank
5.3

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Earnings History
0.0
Surprise Avg
0.0
Erm
5.0
Earnings Timing
5.0
News Activity
8.0
Earnings concerns: 0B/3MEarnings in 10 days

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
2.5
Support Resistance
4.1
52w Position
4.1
Gap
5.0
GatesExecutive change: officer departure/appointmentEARNINGS PROXIMITY 10d<=14d (soft)Momentum 7.1>=5.5A.R:R 2.8 ≥ 1.5Insider activity: OKNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
69 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $6.85Resistance $9.43

Price Targets

$8
$12
A.Upside+42.0%
A.R:R2.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (1.2 < 4.0)

Earnings

M
M
M
M
0/4 beats
Next Earnings2026-08-04 (10d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is RYAM stock a buy right now?

Sell if holding. Engine safety override at $8.38: Quality below floor (1.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10 and A.R:R 2.8:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 69, MACD bullish. Prior stop was $7.79. Score 5.2/10, moderate confidence.

What is the RYAM stock price target?

Take-profit target: $11.90 (+42.0% upside). Prior stop was $7.79. Stop-loss: $7.79.

What are the risks of investing in RYAM?

Concentration risk — Geographic: customers outside the U.S. (68.0%); Quality below floor (1.2 < 4.0).

Is RYAM overvalued or undervalued?

Rayonier Advanced Materials Inc trades at a P/E of N/A (forward 7.3). TrendMatrix value score: 9.1/10. Verdict: Sell.

What do analysts say about RYAM?

7 analysts cover RYAM with a consensus score of 4.1/5. Average price target: $14.

What does Rayonier Advanced Materials Inc do?Rayonier Advanced Materials (RYAM) is a global producer of cellulose specialties and derivatives used in filters, food,...

Rayonier Advanced Materials (RYAM) is a global producer of cellulose specialties and derivatives used in filters, food, pharmaceuticals, and industrial applications, operating five segments: Cellulose Specialties, Biomaterials, Cellulose Commodities, Paperboard, and High-Yield Pulp. The company manufactures at facilities in the U.S., Canada, and France, with international sales making up 68% of 2025 revenue, and permanently ceased dissolving wood pulp production at its Temiscaming, Quebec cellulose plant in the first quarter of 2026 following a 2024 indefinite suspension.

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