RAYONIER INC (RYN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RYN - US7549071030 - REIT
21.82 USD
-0.42 (-1.89%)
21.82 USD
0 (0%)
RYN gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 30 industry peers in the Specialized REITs industry. RYN scores excellent points on both the profitability and health parts. This is a solid base for a good stock. RYN has a decent growth rate and is not valued too expensively. Finally RYN also has an excellent dividend rating. These ratings could make RYN a good candidate for dividend and quality investing.
1. Profitability
1.1 Basic Checks
In the past year RYN was profitable.
In the past year RYN had a positive cash flow from operations.
In the past 5 years RYN has always been profitable.
Each year in the past 5 years RYN had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 22.21%, RYN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
RYN's Return On Equity of 34.04% is amongst the best of the industry. RYN outperforms 93.33% of its industry peers.
RYN's Return On Invested Capital of 9.84% is amongst the best of the industry. RYN outperforms 96.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RYN is in line with the industry average of 4.86%.
The last Return On Invested Capital (9.84%) for RYN is above the 3 year average (6.20%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.21% | ||
| ROE | 34.04% | ||
| ROIC | 9.84% |
ROA(3y)5.97%
ROA(5y)4.62%
ROE(3y)11.79%
ROE(5y)9.3%
ROIC(3y)6.2%
ROIC(5y)5.32%
1.3 Margins
RYN's Profit Margin of 70.94% is amongst the best of the industry. RYN outperforms 96.67% of its industry peers.
RYN's Profit Margin has improved in the last couple of years.
RYN has a Operating Margin of 36.56%. This is comparable to the rest of the industry: RYN outperforms 56.67% of its industry peers.
In the last couple of years the Operating Margin of RYN has grown nicely.
RYN has a Gross Margin of 42.85%. This is in the lower half of the industry: RYN underperforms 73.33% of its industry peers.
RYN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.56% | ||
| PM (TTM) | 70.94% | ||
| GM | 42.85% |
OM growth 3Y11.53%
OM growth 5Y15.6%
PM growth 3Y27.41%
PM growth 5Y27.91%
GM growth 3Y10.25%
GM growth 5Y11.95%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), RYN is creating some value.
RYN has about the same amout of shares outstanding than it did 1 year ago.
RYN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, RYN has an improved debt to assets ratio.
2.2 Solvency
RYN has an Altman-Z score of 2.83. This is not the best score and indicates that RYN is in the grey zone with still only limited risk for bankruptcy at the moment.
RYN has a Altman-Z score of 2.83. This is amongst the best in the industry. RYN outperforms 96.67% of its industry peers.
RYN has a debt to FCF ratio of 4.93. This is a neutral value as RYN would need 4.93 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 4.93, RYN belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
RYN has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
RYN has a better Debt to Equity ratio (0.37) than 96.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 4.93 | ||
| Altman-Z | 2.83 |
ROIC/WACC1.33
WACC7.39%
2.3 Liquidity
A Current Ratio of 3.44 indicates that RYN has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.44, RYN belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
A Quick Ratio of 3.39 indicates that RYN has no problem at all paying its short term obligations.
RYN's Quick ratio of 3.39 is amongst the best of the industry. RYN outperforms 93.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.44 | ||
| Quick Ratio | 3.39 |
3. Growth
3.1 Past
RYN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 75.00%, which is quite impressive.
Measured over the past 5 years, RYN shows a small growth in Earnings Per Share. The EPS has been growing by 0.44% on average per year.
The Revenue has grown by 8.88% in the past year. This is quite good.
Measured over the past years, RYN shows a quite strong growth in Revenue. The Revenue has been growing by 12.16% on average per year.
EPS 1Y (TTM)75%
EPS 3Y-23.56%
EPS 5Y0.44%
EPS Q2Q%166.67%
Revenue 1Y (TTM)8.88%
Revenue growth 3Y4.41%
Revenue growth 5Y12.16%
Sales Q2Q%-8.97%
3.2 Future
RYN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.70% yearly.
RYN is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -8.44% yearly.
EPS Next Y-1.2%
EPS Next 2Y7.36%
EPS Next 3Y12.01%
EPS Next 5Y7.7%
Revenue Next Year-43.9%
Revenue Next 2Y-26.4%
Revenue Next 3Y-17.58%
Revenue Next 5Y-8.44%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 34.63 indicates a quite expensive valuation of RYN.
RYN's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.17, RYN is valued a bit more expensive.
With a Price/Forward Earnings ratio of 41.15, RYN can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as RYN.
The average S&P500 Price/Forward Earnings ratio is at 23.79. RYN is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.63 | ||
| Fwd PE | 41.15 |
4.2 Price Multiples
RYN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. RYN is cheaper than 100.00% of the companies in the same industry.
80.00% of the companies in the same industry are more expensive than RYN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.85 | ||
| EV/EBITDA | 6.89 |
4.3 Compensation for Growth
RYN has an outstanding profitability rating, which may justify a higher PE ratio.
RYN's earnings are expected to grow with 12.01% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)78.62
EPS Next 2Y7.36%
EPS Next 3Y12.01%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.03%, RYN is a good candidate for dividend investing.
RYN's Dividend Yield is comparable with the industry average which is at 5.69.
RYN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.03% |
5.2 History
The dividend of RYN has a limited annual growth rate of 4.39%.
RYN has been paying a dividend for at least 10 years, so it has a reliable track record.
RYN has decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.39%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
RYN pays out 30.67% of its income as dividend. This is a sustainable payout ratio.
The dividend of RYN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP30.67%
EPS Next 2Y7.36%
EPS Next 3Y12.01%
21.82
-0.42 (-1.89%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners89.72%
Inst Owner Change0%
Ins Owners0.42%
Ins Owner Change-0.85%
Market Cap3.36B
Revenue(TTM)1.09B
Net Income(TTM)775.60M
Analysts71.11
Price Target29.58 (35.56%)
Short Float %4.06%
Short Ratio4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.03% |
Yearly Dividend1.35
Dividend Growth(5Y)4.39%
DP30.67%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)44.03%
Min EPS beat(2)42.46%
Max EPS beat(2)45.6%
EPS beat(4)3
Avg EPS beat(4)0.1%
Min EPS beat(4)-131.18%
Max EPS beat(4)45.6%
EPS beat(8)5
Avg EPS beat(8)-7.95%
EPS beat(12)6
Avg EPS beat(12)-16.12%
EPS beat(16)10
Avg EPS beat(16)16.58%
Revenue beat(2)1
Avg Revenue beat(2)2.15%
Min Revenue beat(2)-5.27%
Max Revenue beat(2)9.57%
Revenue beat(4)2
Avg Revenue beat(4)48.48%
Min Revenue beat(4)-46.4%
Max Revenue beat(4)236.03%
Revenue beat(8)2
Avg Revenue beat(8)18.4%
Revenue beat(12)3
Avg Revenue beat(12)11.39%
Revenue beat(16)5
Avg Revenue beat(16)9.92%
PT rev (1m)-2.25%
PT rev (3m)-3.87%
EPS NQ rev (1m)-1.58%
EPS NQ rev (3m)-2.96%
EPS NY rev (1m)5.26%
EPS NY rev (3m)12.5%
Revenue NQ rev (1m)-0.89%
Revenue NQ rev (3m)-4.5%
Revenue NY rev (1m)1.02%
Revenue NY rev (3m)1.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.63 | ||
| Fwd PE | 41.15 | ||
| P/S | 3.07 | ||
| P/FCF | 15.85 | ||
| P/OCF | 11.47 | ||
| P/B | 1.47 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | 6.89 |
EPS(TTM)0.63
EY2.89%
EPS(NY)0.53
Fwd EY2.43%
FCF(TTM)1.38
FCFY6.31%
OCF(TTM)1.9
OCFY8.72%
SpS7.1
BVpS14.81
TBVpS14.81
PEG (NY)N/A
PEG (5Y)78.62
Graham Number14.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.21% | ||
| ROE | 34.04% | ||
| ROCE | 12.45% | ||
| ROIC | 9.84% | ||
| ROICexc | 13.79% | ||
| ROICexgc | 13.79% | ||
| OM | 36.56% | ||
| PM (TTM) | 70.94% | ||
| GM | 42.85% | ||
| FCFM | 19.38% |
ROA(3y)5.97%
ROA(5y)4.62%
ROE(3y)11.79%
ROE(5y)9.3%
ROIC(3y)6.2%
ROIC(5y)5.32%
ROICexc(3y)6.74%
ROICexc(5y)5.79%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)7.85%
ROCE(5y)6.73%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y20.25%
ROICexc growth 5Y28.5%
OM growth 3Y11.53%
OM growth 5Y15.6%
PM growth 3Y27.41%
PM growth 5Y27.91%
GM growth 3Y10.25%
GM growth 5Y11.95%
F-Score8
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 4.93 | ||
| Debt/EBITDA | 1.64 | ||
| Cap/Depr | 70.03% | ||
| Cap/Sales | 7.39% | ||
| Interest Coverage | 14.46 | ||
| Cash Conversion | 56.83% | ||
| Profit Quality | 27.32% | ||
| Current Ratio | 3.44 | ||
| Quick Ratio | 3.39 | ||
| Altman-Z | 2.83 |
F-Score8
WACC7.39%
ROIC/WACC1.33
Cap/Depr(3y)165.15%
Cap/Depr(5y)142.91%
Cap/Sales(3y)25.27%
Cap/Sales(5y)21.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)75%
EPS 3Y-23.56%
EPS 5Y0.44%
EPS Q2Q%166.67%
EPS Next Y-1.2%
EPS Next 2Y7.36%
EPS Next 3Y12.01%
EPS Next 5Y7.7%
Revenue 1Y (TTM)8.88%
Revenue growth 3Y4.41%
Revenue growth 5Y12.16%
Sales Q2Q%-8.97%
Revenue Next Year-43.9%
Revenue Next 2Y-26.4%
Revenue Next 3Y-17.58%
Revenue Next 5Y-8.44%
EBIT growth 1Y92.44%
EBIT growth 3Y16.45%
EBIT growth 5Y29.66%
EBIT Next Year141.86%
EBIT Next 3Y36.51%
EBIT Next 5Y20.57%
FCF growth 1Y175.48%
FCF growth 3Y31.45%
FCF growth 5Y81.84%
OCF growth 1Y9.11%
OCF growth 3Y-6.99%
OCF growth 5Y4.07%
RAYONIER INC / RYN FAQ
Can you provide the ChartMill fundamental rating for RAYONIER INC?
ChartMill assigns a fundamental rating of 7 / 10 to RYN.
What is the valuation status for RYN stock?
ChartMill assigns a valuation rating of 4 / 10 to RAYONIER INC (RYN). This can be considered as Fairly Valued.
How profitable is RAYONIER INC (RYN) stock?
RAYONIER INC (RYN) has a profitability rating of 8 / 10.
What is the financial health of RAYONIER INC (RYN) stock?
The financial health rating of RAYONIER INC (RYN) is 8 / 10.
What is the earnings growth outlook for RAYONIER INC?
The Earnings per Share (EPS) of RAYONIER INC (RYN) is expected to decline by -1.2% in the next year.