Added to YB: 2026-07-29
Pitch date: 2026-07-27
RYAM [bullish]
Rayonier Advanced Materials Inc.
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
$565.1M
Pitch Price
N/A
Price Target
14.90
Dividend
N/A
EV/EBITDA
10.43
P/E
-1.18
EV/Sales
0.89
Sector
Chemicals
Category
special_situation
Weekly #92: A PE Firm Already Bid $12 For RYAM
RYAM: PE firm American Industrial Partners bid $11-12/sh cash (rejected), bought 5%, now in Morgan Stanley strategic review; activist Mill Pond pushing sale. DCF FV $14.90, SOTP $13.28, bull $22-41. HPC crown jewel pricing +17% to $2,040/MT, aided by new 25% Brazil tariff. Risk: 4.3x net leverage, weak Q1 could zero equity if margins collapse; review may yield no deal. Strong Buy, up 111% since $3.96 pick.
Read full article (17 min)