Rayonier Advanced Materials Stock Piotroski F Score

RYAM Stock  USD 7.47  0.06  0.81%   
This module uses fundamental data of Rayonier Advanced to approximate its Piotroski F score. Rayonier Advanced F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Rayonier Advanced Materials. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Rayonier Advanced financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Rayonier Advanced Altman Z Score, Rayonier Advanced Correlation, Rayonier Advanced Valuation, as well as analyze Rayonier Advanced Alpha and Beta and Rayonier Advanced Hype Analysis.
  
At this time, Rayonier Advanced's Total Debt To Capitalization is very stable compared to the past year. As of the 24th of December 2024, Debt Equity Ratio is likely to grow to 1.09, while Net Debt is likely to drop about 674.6 M. At this time, Rayonier Advanced's PFCF Ratio is very stable compared to the past year. As of the 24th of December 2024, EV To Operating Cash Flow is likely to grow to 8.36, while PTB Ratio is likely to drop 0.34.
At this time, it appears that Rayonier Advanced's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Healthy
Current Return On Assets

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Rayonier Advanced Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Rayonier Advanced is to make sure Rayonier is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Rayonier Advanced's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Rayonier Advanced's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.810.7529
Significantly Up
Slightly volatile
Gross Profit Margin0.0510.0536
Notably Down
Slightly volatile
Net Debt674.6 M720.9 M
Notably Down
Pretty Stable
Total Current Liabilities257.1 M375.8 M
Way Down
Pretty Stable
Non Current Liabilities Total1.2 B1.1 B
Fairly Up
Slightly volatile
Total Assets2.1 B2.2 B
Fairly Down
Slightly volatile
Total Current Assets572.2 M575.1 M
Slightly Down
Slightly volatile
Total Cash From Operating Activities149.1 M136.3 M
Significantly Up
Slightly volatile

Rayonier Advanced F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Rayonier Advanced's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Rayonier Advanced in a much-optimized way.

About Rayonier Advanced Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

7.22

At this time, Rayonier Advanced's Book Value Per Share is very stable compared to the past year.

Rayonier Advanced Current Valuation Drivers

We derive many important indicators used in calculating different scores of Rayonier Advanced from analyzing Rayonier Advanced's financial statements. These drivers represent accounts that assess Rayonier Advanced's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Rayonier Advanced's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap209.3M412.3M363.4M263.7M303.2M288.1M
Enterprise Value1.2B1.4B1.0B984.5M1.1B1.6B

Rayonier Advanced ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Rayonier Advanced's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Rayonier Advanced's managers, analysts, and investors.
Environmental
Governance
Social

About Rayonier Advanced Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rayonier Advanced Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rayonier Advanced using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rayonier Advanced Materials based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Rayonier Advanced is a strong investment it is important to analyze Rayonier Advanced's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rayonier Advanced's future performance. For an informed investment choice regarding Rayonier Stock, refer to the following important reports:
Check out Rayonier Advanced Altman Z Score, Rayonier Advanced Correlation, Rayonier Advanced Valuation, as well as analyze Rayonier Advanced Alpha and Beta and Rayonier Advanced Hype Analysis.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rayonier Advanced. If investors know Rayonier will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rayonier Advanced listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.70)
Earnings Share
(1.35)
Revenue Per Share
24.85
Quarterly Revenue Growth
0.088
Return On Assets
0.0192
The market value of Rayonier Advanced is measured differently than its book value, which is the value of Rayonier that is recorded on the company's balance sheet. Investors also form their own opinion of Rayonier Advanced's value that differs from its market value or its book value, called intrinsic value, which is Rayonier Advanced's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rayonier Advanced's market value can be influenced by many factors that don't directly affect Rayonier Advanced's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rayonier Advanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rayonier Advanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rayonier Advanced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.