Added to YB: 2026-07-24
Pitch date: 2026-07-22
RYAM [neutral]
Rayonier Advanced Materials Inc.
-6.22%
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
$580.6M
Pitch Price
$9.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.56
P/E
-1.21
EV/Sales
0.90
Sector
Chemicals
Category
special_situation
Part 1 of the RYAM Saga
RYAM (overview): Specialty cellulose producer w/ scarce assets at fraction of replacement cost, terrible balance sheet. AIP (owns 4%) offered $11-12 in Dec '25 to tuck into Global Cellulose Fibers, erasing $55-60M overhead. CEO Sutton quit April, forfeited RSUs. But board dug in—hired permanent CEO/chair, signaling standalone turnaround vs sale. Mill Pond pushing sale. Author pegs takeover odds <40%. Valuation in Part 2.
Read full article (3 min)