Added to YB: 2026-07-03
Pitch date: 2026-06-30
RYAM [neutral]
Rayonier Advanced Materials Inc.
-6.6%
current return
Author Info
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Company Info
Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Europe, Japan, rest of Asia, Canada, Latin America, and internationally.
Market Cap
$530.1M
Pitch Price
$7.88
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.14
P/E
-1.11
EV/Sales
0.86
Sector
Chemicals
Category
special_situation
$RYAM: a small, levered cellulose name running a live auction — and an activist now wants it sold
RYAM (overview): Levered cellulose maker running live strategic review since Apr 20 (Morgan Stanley); Mill Pond (~3%) publicly pushing full sale, board rejected ~$11-12/sh bid (100% premium) Nov 2025. Now ~$8. EV ~$1.3B on $734M net debt. Q1 trough: $319M sales, $81M loss, 4.3x leverage. Trade is the process; risk=deal falls through/standalone. Not a rec.
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