RAYONIER INC (RYN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RYN - US7549071030 - REIT
21.43 USD
-0.2 (-0.92%)
21.43 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to RYN. RYN was compared to 30 industry peers in the Specialized REITs industry. RYN has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. RYN is not valued too expensively and it also shows a decent growth rate. Finally RYN also has an excellent dividend rating. This makes RYN very considerable for dividend and quality investing!
1. Profitability
1.1 Basic Checks
RYN had positive earnings in the past year.
RYN had a positive operating cash flow in the past year.
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
RYN's Return On Assets of 21.66% is amongst the best of the industry. RYN outperforms 100.00% of its industry peers.
RYN has a better Return On Equity (33.06%) than 93.33% of its industry peers.
The Return On Invested Capital of RYN (9.45%) is better than 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 4.77%.
The 3 year average ROIC (6.20%) for RYN is below the current ROIC(9.45%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.66% | ||
| ROE | 33.06% | ||
| ROIC | 9.45% |
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 has a better Profit Margin (68.53%) than 93.33% of its industry peers.
In the last couple of years the Profit Margin of RYN has grown nicely.
With a Operating Margin value of 34.89%, RYN perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
RYN's Operating Margin has improved in the last couple of years.
The Gross Margin of RYN (41.23%) is worse than 76.67% of its industry peers.
RYN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.89% | ||
| PM (TTM) | 68.53% | ||
| GM | 41.23% |
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
RYN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for RYN remains at a similar level compared to 1 year ago.
The number of shares outstanding for RYN has been increased compared to 5 years ago.
RYN has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.78 indicates that RYN is not a great score, but indicates only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 2.78, RYN belongs to the best of the industry, outperforming 96.67% of the companies in the same industry.
RYN has a debt to FCF ratio of 6.76. This is a slightly negative value and a sign of low solvency as RYN would need 6.76 years to pay back of all of its debts.
RYN's Debt to FCF ratio of 6.76 is amongst the best of the industry. RYN outperforms 86.67% of its industry peers.
A Debt/Equity ratio of 0.37 indicates that RYN is not too dependend on debt financing.
RYN has a Debt to Equity ratio of 0.37. This is amongst the best in the industry. RYN outperforms 96.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 6.76 | ||
| Altman-Z | 2.78 |
ROIC/WACC1.32
WACC7.18%
2.3 Liquidity
RYN has a Current Ratio of 3.50. This indicates that RYN is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of RYN (3.50) is better than 93.33% of its industry peers.
RYN has a Quick Ratio of 3.38. This indicates that RYN is financially healthy and has no problem in meeting its short term obligations.
RYN has a better Quick ratio (3.38) than 93.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.5 | ||
| Quick Ratio | 3.38 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 75.00% over the past year.
RYN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.44% yearly.
The Revenue has grown by 19.50% 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)19.5%
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.
The Revenue is expected to decrease by -8.44% on average over the next years.
EPS Next Y-14.92%
EPS Next 2Y10.14%
EPS Next 3Y14.48%
EPS Next 5Y7.7%
Revenue Next Year-45.15%
Revenue Next 2Y-24.83%
Revenue Next 3Y-16.21%
Revenue Next 5Y-8.44%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 34.02 indicates a quite expensive valuation of RYN.
RYN's Price/Earnings is on the same level as the industry average.
RYN's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.15.
With a Price/Forward Earnings ratio of 38.40, RYN can be considered very expensive at the moment.
RYN's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.22, RYN is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.02 | ||
| Fwd PE | 38.4 |
4.2 Price Multiples
100.00% of the companies in the same industry are more expensive than RYN, based on the Enterprise Value to EBITDA ratio.
RYN's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. RYN is cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.33 | ||
| EV/EBITDA | 6.94 |
4.3 Compensation for Growth
The excellent profitability rating of RYN may justify a higher PE ratio.
A more expensive valuation may be justified as RYN's earnings are expected to grow with 14.48% in the coming years.
PEG (NY)N/A
PEG (5Y)77.21
EPS Next 2Y10.14%
EPS Next 3Y14.48%
5. Dividend
5.1 Amount
RYN has a Yearly Dividend Yield of 4.97%, which is a nice return.
Compared to an average industry Dividend Yield of 6.00, RYN has a dividend in line with its industry peers.
RYN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.97% |
5.2 History
The dividend of RYN has a limited annual growth rate of 4.39%.
RYN has paid a dividend for at least 10 years, which is 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
31.31% of the earnings are spent on dividend by RYN. This is a low number and sustainable payout ratio.
The dividend of RYN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP31.31%
EPS Next 2Y10.14%
EPS Next 3Y14.48%
21.43
-0.2 (-0.92%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners95.88%
Inst Owner Change10.79%
Ins Owners0.44%
Ins Owner Change-0.91%
Market Cap3.30B
Revenue(TTM)1.26B
Net Income(TTM)761.17M
Analysts71.11
Price Target30.26 (41.2%)
Short Float %3.51%
Short Ratio4.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.97% |
Yearly Dividend1.35
Dividend Growth(5Y)4.39%
DP31.31%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-42.79%
Min EPS beat(2)-131.18%
Max EPS beat(2)45.6%
EPS beat(4)2
Avg EPS beat(4)-12.49%
Min EPS beat(4)-131.18%
Max EPS beat(4)45.6%
EPS beat(8)5
Avg EPS beat(8)-11.72%
EPS beat(12)6
Avg EPS beat(12)-16.38%
EPS beat(16)10
Avg EPS beat(16)31.79%
Revenue beat(2)0
Avg Revenue beat(2)-25.83%
Min Revenue beat(2)-46.4%
Max Revenue beat(2)-5.27%
Revenue beat(4)1
Avg Revenue beat(4)43.98%
Min Revenue beat(4)-46.4%
Max Revenue beat(4)236.03%
Revenue beat(8)1
Avg Revenue beat(8)16.69%
Revenue beat(12)2
Avg Revenue beat(12)9.4%
Revenue beat(16)5
Avg Revenue beat(16)12.62%
PT rev (1m)-1.66%
PT rev (3m)-0.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.51%
EPS NY rev (1m)-0.64%
EPS NY rev (3m)-1.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.85%
Revenue NY rev (1m)-1.06%
Revenue NY rev (3m)-2.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.02 | ||
| Fwd PE | 38.4 | ||
| P/S | 2.97 | ||
| P/FCF | 21.33 | ||
| P/OCF | 13.59 | ||
| P/B | 1.43 | ||
| P/tB | 1.43 | ||
| EV/EBITDA | 6.94 |
EPS(TTM)0.63
EY2.94%
EPS(NY)0.56
Fwd EY2.6%
FCF(TTM)1
FCFY4.69%
OCF(TTM)1.58
OCFY7.36%
SpS7.22
BVpS14.96
TBVpS14.96
PEG (NY)N/A
PEG (5Y)77.21
Graham Number14.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.66% | ||
| ROE | 33.06% | ||
| ROCE | 11.96% | ||
| ROIC | 9.45% | ||
| ROICexc | 13.04% | ||
| ROICexgc | 13.04% | ||
| OM | 34.89% | ||
| PM (TTM) | 68.53% | ||
| GM | 41.23% | ||
| FCFM | 13.92% |
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 Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 6.76 | ||
| Debt/EBITDA | 1.68 | ||
| Cap/Depr | 77.21% | ||
| Cap/Sales | 7.92% | ||
| Interest Coverage | 12.04 | ||
| Cash Conversion | 48.38% | ||
| Profit Quality | 20.32% | ||
| Current Ratio | 3.5 | ||
| Quick Ratio | 3.38 | ||
| Altman-Z | 2.78 |
F-Score8
WACC7.18%
ROIC/WACC1.32
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-14.92%
EPS Next 2Y10.14%
EPS Next 3Y14.48%
EPS Next 5Y7.7%
Revenue 1Y (TTM)19.5%
Revenue growth 3Y4.41%
Revenue growth 5Y12.16%
Sales Q2Q%-8.97%
Revenue Next Year-45.15%
Revenue Next 2Y-24.83%
Revenue Next 3Y-16.21%
Revenue Next 5Y-8.44%
EBIT growth 1Y80.15%
EBIT growth 3Y16.45%
EBIT growth 5Y29.66%
EBIT Next Year120.29%
EBIT Next 3Y36.51%
EBIT Next 5Y20.57%
FCF growth 1Y151.74%
FCF growth 3Y31.45%
FCF growth 5Y81.84%
OCF growth 1Y-1.75%
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.
Can you provide the valuation status for RAYONIER INC?
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 earnings growth outlook for RAYONIER INC?
The Earnings per Share (EPS) of RAYONIER INC (RYN) is expected to decline by -14.92% in the next year.
Is the dividend of RAYONIER INC sustainable?
The dividend rating of RAYONIER INC (RYN) is 7 / 10 and the dividend payout ratio is 31.31%.