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Rayonier Advanced Materials (Rayonier Advanced Materials) Cyclically Adjusted Price-to-FCF : 2.57 (As of Apr. 29, 2024)


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What is Rayonier Advanced Materials Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Rayonier Advanced Materials's current share price is $4.13. Rayonier Advanced Materials's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.61. Rayonier Advanced Materials's Cyclically Adjusted Price-to-FCF for today is 2.57.

The historical rank and industry rank for Rayonier Advanced Materials's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

RYAM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.36   Med: 2.34   Max: 4.73
Current: 2.41

During the past years, Rayonier Advanced Materials's highest Cyclically Adjusted Price-to-FCF was 4.73. The lowest was 1.36. And the median was 2.34.

RYAM's Cyclically Adjusted Price-to-FCF is ranked better than
98.07% of 571 companies
in the Chemicals industry
Industry Median: 24.63 vs RYAM: 2.41

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Rayonier Advanced Materials's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.332. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rayonier Advanced Materials Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rayonier Advanced Materials's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rayonier Advanced Materials Cyclically Adjusted Price-to-FCF Chart

Rayonier Advanced Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.71 2.51

Rayonier Advanced Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.71 3.00 2.14 2.01 2.51

Competitive Comparison of Rayonier Advanced Materials's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Rayonier Advanced Materials's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rayonier Advanced Materials's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rayonier Advanced Materials's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Rayonier Advanced Materials's Cyclically Adjusted Price-to-FCF falls into.



Rayonier Advanced Materials Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Rayonier Advanced Materials's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.13/1.61
=2.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rayonier Advanced Materials's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Rayonier Advanced Materials's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.332/129.4194*129.4194
=0.332

Current CPI (Dec. 2023) = 129.4194.

Rayonier Advanced Materials Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.783 99.695 1.016
201406 0.156 100.560 0.201
201409 0.323 100.428 0.416
201412 1.113 99.070 1.454
201503 0.750 99.621 0.974
201506 0.374 100.684 0.481
201509 1.062 100.392 1.369
201512 0.755 99.792 0.979
201603 1.267 100.470 1.632
201606 1.384 101.688 1.761
201609 0.210 101.861 0.267
201612 0.382 101.863 0.485
201703 0.562 102.862 0.707
201706 0.696 103.349 0.872
201709 0.344 104.136 0.428
201712 -0.362 104.011 -0.450
201803 0.055 105.290 0.068
201806 0.345 106.317 0.420
201809 0.706 106.507 0.858
201812 0.679 105.998 0.829
201903 -1.176 107.251 -1.419
201906 0.345 108.070 0.413
201909 -0.289 108.329 -0.345
201912 0.129 108.420 0.154
202003 -0.402 108.902 -0.478
202006 0.272 108.767 0.324
202009 0.559 109.815 0.659
202012 0.551 109.897 0.649
202103 0.349 111.754 0.404
202106 1.809 114.631 2.042
202109 0.102 115.734 0.114
202112 -0.092 117.630 -0.101
202203 -1.077 121.301 -1.149
202206 -0.848 125.017 -0.878
202209 0.247 125.227 0.255
202212 0.583 125.222 0.603
202303 0.454 127.348 0.461
202306 -0.008 128.729 -0.008
202309 -0.655 129.860 -0.653
202312 0.332 129.419 0.332

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Rayonier Advanced Materials  (NYSE:RYAM) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Rayonier Advanced Materials Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Rayonier Advanced Materials's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Rayonier Advanced Materials (Rayonier Advanced Materials) Business Description

Traded in Other Exchanges
Address
1301 Riverplace Boulevard, Suite 2300, Jacksonville, FL, USA, 32207
Rayonier Advanced Materials Inc manufactures high-purity cellulose derived from wood. Also known as cellulose specialties, the company's products are used in a variety of applications, including cigarette filters, liquid crystal displays, paints, pharmaceuticals, and food. The company operates in the reportable segments of High Purity Cellulose, Paperboard, High-Yield Pulp, and Corporate and Other. The key revenue is derived from the High Purity Cellulose segment. Geographically, it derives a majority of revenue from the United States.
Executives
Bryan D Yokley director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Posze James L Jr officer: SVP, Human Resources 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Joshua C. Hicks officer: SVP, High Purity Cellulose 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Julie Dill director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Delyle W Bloomquist director RAYONIER ADVANCED MATERIALS INC., 1301 RIVERPLACE BLVD., SUITE 2300, JACKSONVILLE FL 32207
Lisa M Palumbo director C/O EDO CORP, 60 EAST 42ND STREET 42ND FL, NEW YORK NY 10165
Michael D Osborne officer: Vice President, Manufacturing 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Charles R Eggert director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Vito J Consiglio director, officer: President and CEO RAYONIER ADVANCED MATERIALS INC., 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Ribeyrolle Christian Antoine Lucien officer: Vice President, Biomaterials 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Kenneth James Duffy officer: VP, Sales & Marketing, HYP etc 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Charles E Adair director
Gabriela Garcia officer: CAO, VP, Corporate Controller 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Anthony R Matthews officer: VP, Supply Chain 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
David C Mariano director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207

Rayonier Advanced Materials (Rayonier Advanced Materials) Headlines