Added to YB: 2026-08-28
Pitch date: 2026-08-26
RYAM [neutral]
Rayonier Advanced Materials Inc.
+0.12%
current return
Author Info
No bio for this author
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
$568.9M
Pitch Price
$8.41
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.94
P/E
-3.98
EV/Sales
0.89
Sector
Chemicals
Category
special_situation
Part 4 of the RYAM Saga- Look at the 13-Fs?
RYAM (update): American Industrial Partners made a buyout offer that the board rejected while AIP remained interested; CEO Scott Sutton later departed during the board's strategic review. Replacement cost, constrained capacity and AIP's integration benefits support undervaluation, but the entrenched board means RYAM should be underwritten without an M&A premium. Cellulose Specialties is showing green shoots and drives more than 100% of incremental EBITDA, yet the company lost $420M in 2025 and any core deterioration could undermine a sale.
Read full article (4 min)