RAYONIER INC (RYN) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RYN - US7549071030 - REIT
21.66 USD
-0.16 (-0.73%)
21.66 USD
0 (0%)
Overall RYN gets a fundamental rating of 7 out of 10. We evaluated RYN against 30 industry peers in the Specialized REITs industry. RYN gets an excellent profitability rating and is at the same time showing great financial health properties. RYN has a decent growth rate and is not valued too expensively. RYN also has an excellent dividend rating. This makes RYN very considerable for dividend and quality investing!
1. Profitability
1.1 Basic Checks
In the past year RYN was profitable.
RYN had a positive operating cash flow in the past year.
In the past 5 years RYN has always been profitable.
In the past 5 years RYN always reported a positive cash flow from operatings.
1.2 Ratios
RYN's Return On Assets of 22.21% is amongst the best of the industry. RYN outperforms 100.00% of its industry peers.
With an excellent Return On Equity value of 34.04%, RYN belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
The Return On Invested Capital of RYN (9.84%) is better than 96.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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
Looking at the Profit Margin, with a value of 70.94%, RYN belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
In the last couple of years the Profit Margin of RYN has grown nicely.
The Operating Margin of RYN (36.56%) is comparable to the rest of the industry.
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.
In the last couple of years the Gross Margin of RYN has grown nicely.
| 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
RYN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
RYN has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, RYN has more shares outstanding
The debt/assets ratio for RYN has been reduced compared to a year ago.
2.2 Solvency
RYN has an Altman-Z score of 2.80. 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.
The Altman-Z score of RYN (2.80) is better than 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.
The Debt to FCF ratio of RYN (4.93) is better than 93.33% of its industry peers.
A Debt/Equity ratio of 0.37 indicates that RYN is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.37, RYN belongs to the best of the industry, outperforming 96.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 4.93 | ||
| Altman-Z | 2.8 |
ROIC/WACC1.33
WACC7.42%
2.3 Liquidity
RYN has a Current Ratio of 3.44. This indicates that RYN is financially healthy and has no problem in meeting 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.
RYN has a Quick Ratio of 3.39. This indicates that RYN is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 3.39, RYN belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.44 | ||
| Quick Ratio | 3.39 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 75.00% over the past year.
The Earnings Per Share has been growing slightly by 0.44% on average over the past years.
RYN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.88%.
The Revenue has been growing by 12.16% on average over the past years. This is quite good.
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
Based on estimates for the next years, RYN will show a small growth in Earnings Per Share. The EPS will grow by 7.70% on average per year.
Based on estimates for the next years, RYN will show a decrease in Revenue. The Revenue will decrease by -8.44% on average per year.
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.
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
Based on the Price/Earnings ratio of 34.38, the valuation of RYN can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of RYN is on the same level as its industry peers.
RYN is valuated rather expensively when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 40.85, the valuation of RYN can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RYN is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.57, RYN is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.38 | ||
| Fwd PE | 40.85 |
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.
Based on the Price/Free Cash Flow ratio, RYN is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.73 | ||
| EV/EBITDA | 6.76 |
4.3 Compensation for Growth
RYN has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as RYN's earnings are expected to grow with 12.01% in the coming years.
PEG (NY)N/A
PEG (5Y)78.04
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.
Compared to an average industry Dividend Yield of 5.69, RYN has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, RYN pays a better dividend.
| 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
30.67% of the earnings are spent on dividend by RYN. This is a low number and sustainable payout ratio.
RYN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP30.67%
EPS Next 2Y7.36%
EPS Next 3Y12.01%
21.66
-0.16 (-0.73%)
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 Cap3.33B
Revenue(TTM)1.09B
Net Income(TTM)775.60M
Analysts71.11
Price Target29.58 (36.57%)
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 | 34.38 | ||
| Fwd PE | 40.85 | ||
| P/S | 3.05 | ||
| P/FCF | 15.73 | ||
| P/OCF | 11.39 | ||
| P/B | 1.46 | ||
| P/tB | 1.46 | ||
| EV/EBITDA | 6.76 |
EPS(TTM)0.63
EY2.91%
EPS(NY)0.53
Fwd EY2.45%
FCF(TTM)1.38
FCFY6.36%
OCF(TTM)1.9
OCFY8.78%
SpS7.1
BVpS14.81
TBVpS14.81
PEG (NY)N/A
PEG (5Y)78.04
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 | 2.8 |
F-Score8
WACC7.42%
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.