RYAM vs ATI vs ESI Stock Comparison

Rayonier Advanced Materials, Ati and Element Solutions Prices as of Oct 26, 2026 Peers: Industry group
ATI Ati Inc
$164.50 -11.3% 1M +84.3% 1Y
Market cap
$22.61B
P/E
47.5x
Revenue (TTM)
$4.72B
Div. yield
–
Specialty Chemicals Basic Materials
8 wins
ESI Element Solutions Inc
$33.53 -6.1% 1M +28.1% 1Y
Market cap
$8.33B
P/E
40.6x
Revenue (TTM)
$3.49B
Div. yield
–
Specialty Chemicals Basic Materials
3 wins

Head to Head

11 decided of 12

Ati leads on 8 of the 12 questions below (Ati 8, Element Solutions 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionRYAMATIESILeader
Larger companyMarket capitalisation $441.25M $22.61B $8.33B ATI
Cheaper on earningsLower P/E, profitable companies only -3.2x 47.5x 40.6x ESI
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 34.4x 19.7x ESI
Faster revenue growthRevenue growth, trailing twelve months -3.3% +4.6% +39.6% ESI
More profitableNet margin, trailing twelve months -9.5% 10.1% 5.9% ATI
Better return on capitalReturn on invested capital -4.7% 14.9% 5.4% ATI
Less leveragedLower net debt / EBITDA 8.4x 1.6x 3.2x ATI
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -11.7% +84.3% +28.1% ATI
Better 5-year returnAnnualised price return, 5 years -1.9%/yr +61.6%/yr +8.7%/yr ATI
Less volatileAnnualised volatility, 1 year 68.2% 42.0% 46.8% ATI
Higher overall scoreMean of the five percentile scores vs peers 22/100 58/100 50/100 ATI

Percentile Scorecard

RYAMATIESI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisRYAMATIESI
Valuation 43 #54 of 94 14 #81 of 94 38 #59 of 94
Growth 9 #84 of 92 88 #12 of 92 76 #23 of 92
Profitability 26 #66 of 89 91 #9 of 89 59 #37 of 89
Financial Health 10 #87 of 97 49 #50 of 97 46 #53 of 97
Shareholder Returns – 48 #37 of 70 30 #49 of 70
Overall 22 58 50
  • RYAM ranked among 99 companies in Chemicals
  • ATI ranked among 99 companies in Chemicals
  • ESI ranked among 99 companies in Chemicals

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodRYAMATIESISPY
1 month -24.5%-11.3%-6.1% -0.8%
3 months -23.9%-14.6%-11.4% +3.5%
6 months -33.5%+7.2%-16.9% +7.0%
Year to date +10.0%+43.3%+34.2% +12.2%
1 year -11.7%+84.3%+28.1% +13.0%
3 years +135.6%+337.6%+86.3% +86.3%
3 years, per year +33.1%+63.6%+23.1% +23.1%
5 years -9.0%+1,001.1%+51.5% +68.6%
5 years, per year -1.9%+61.6%+8.7% +11.0%
10 years -50.6%+1,052.8%+349.5% +258.0%
10 years, per year -6.8%+27.7%+16.2% +13.6%

Risk

MeasureRYAMATIESISPY
Volatility, 1Y 68.2%42.0%46.8% 12.7%
Downside volatility, 1Y 56.3%40.5%47.4% 12.7%
Beta vs S&P 500, 1Y 1.791.652.17 1.00
Return / volatility, 1Y -0.172.010.60 1.02
Max drawdown, 5Y -71.6%-38.0%-40.3% -25.4%
From 52-week high -44.9%-29.0%-31.7% -1.8%
52-week high $11.75$231.79$49.09 $779.14
52-week low $5.52$91.71$22.99 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleRYAMATIESI
P/E now vs peer median -3.1xmedian 21.6x 47.1xmedian 21.6x 39.8xmedian 21.6x
P/S now vs peer median 0.3xmedian 1.4x 4.8xmedian 1.4x 2.3xmedian 1.4x
EV/EBITDA now vs peer median 13.5xmedian 12.4x 26.7xmedian 12.4x 17.3xmedian 12.4x
P/FCF now vs peer median -12.0xmedian 15.8x 42.6xmedian 15.8x 44.5xmedian 15.8x
P/B now vs peer median 2.3xmedian 1.6x 11.2xmedian 1.6x 2.8xmedian 1.6x
PEG now vs peer median 0.03median 1.66 5.31median 1.66 0.71median 1.66

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsRYAMATIESI
Revenue $1.47B $4.72B $3.49B
Gross profit $86.44M $1.10B $1.28B
Operating income -$51.13M $716.80M $408.70M
Net income -$139.93M $488.90M $205.20M
Free cash flow -$36.56M $526.30M $182.90M
R&D – – $80.00M
EPS (diluted) $-2.07 $3.44 $0.84
Cash & equivalents $57.01M $783.00M $224.90M
Total debt $774.77M $2.19B $2.08B
Shares (diluted) 67.51M 138.30M 243.70M
Enterprise value $163.87M $20.64B $7.11B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricRYAMATIESI
P/E -3.1x 47.1x 39.8x
P/FCF -12.0x 42.6x 44.5x
P/Operating cash flow 8.5x 27.8x 28.7x
P/S 0.3x 4.8x 2.3x
P/B 2.3x 11.2x 2.8x
P/Tangible book 2.3x 11.2x 4.3x
EV/EBITDA 13.5x 26.7x 17.3x
EV/EBIT -22.6x 33.2x 24.4x
EV/Revenue 0.8x 5.0x 2.9x
EV/FCF -31.6x 45.2x 54.6x
EV/Operating cash flow 22.5x 29.6x 35.3x
PEG (3Y EPS CAGR) 0.03 5.31 0.71

Growth

14 metrics
MetricRYAMATIESI
Revenue growth (1Y) -3.3% 4.6% 39.6%
Revenue CAGR (3Y) -6.9% 4.5% 14.4%
Gross profit growth (1Y) -32.6% 15.7% 21.5%
Gross profit CAGR (3Y) -15.4% 12.6% 11.7%
Operating income growth (1Y) -130.1% 8.8% 17.6%
Operating income CAGR (3Y) -43.1% 16.4% 31.9%
Net income growth (1Y) 68.5% 12.9% -14.4%
Net income CAGR (3Y) -113.6% 5.8% 56.0%
EPS growth (1Y) 68.8% 17.9% -15.0%
EPS CAGR (3Y) -111.7% 8.9% 55.8%
Operating cash flow growth (1Y) -55.0% 69.9% -16.0%
Operating cash flow CAGR (3Y) -35.2% – -4.2%
Free cash flow growth (1Y) -241.2% 123.6% -32.2%
Free cash flow CAGR (3Y) -34.6% – -12.3%

Profitability

14 metrics
MetricRYAMATIESI
Gross margin 5.9% 23.4% 36.6%
EBITDA margin 5.9% 18.9% 16.6%
Operating margin -3.5% 15.2% 11.7%
Pretax margin -10.2% 12.7% 9.0%
Net margin -9.5% 10.1% 5.9%
FCF margin -2.5% 11.2% 5.2%
Operating cash flow margin 3.5% 17.1% 8.1%
Return on equity -65.8% 25.2% 7.2%
Return on assets -8.5% 8.9% 3.5%
Return on invested capital -4.7% 14.9% 5.4%
Return on capital employed -4.0% 17.6% 7.8%
Asset turnover 0.9x 0.9x 0.6x
Cash conversion (OCF / net income) -0.4x 1.6x 1.4x
Stock comp / revenue 0.3% 0.6% 2.4%

Financial Health

11 metrics
MetricRYAMATIESI
Debt / assets 47.8% 38.2% 35.5%
Debt / equity 4.0x 1.1x 0.7x
Net debt / EBITDA 8.4x 1.6x 3.2x
Debt / FCF -21.2x 4.2x 11.4x
Liabilities / assets 88.0% 65.2% 50.7%
Equity / assets 12.0% 34.8% 49.3%
Interest coverage -0.5x – –
Current ratio 1.4x 2.3x 2.8x
Quick ratio 0.6x 1.1x 1.7x
Cash ratio 0.2x 0.6x 0.4x
Altman Z-score 0.91 5.40 2.49

Shareholder Returns

7 metrics
MetricRYAMATIESI
Dividend yield – – 1.0%
Net buyback yield – 1.2% 0.5%
Shareholder yield 0.0% 1.2% 1.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusRYAMATIESI
Forward P/E – 34.4xFY2026 19.7xFY2026
EPS, next fiscal year $-1.18FY2026 $4.78FY2026 $1.70FY2026
EPS growth, next FY – +47.5%FY2026 +14.1%FY2026
EPS growth, the year after – +23.4% +32.9%
Revenue, next fiscal year $1.40BFY2026 $5.24BFY2026 $3.83BFY2026
Revenue growth, next FY -4.6%FY2026 +14.2%FY2026 +50.2%FY2026
Revenue growth, the year after +1.5% +13.3% +2.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRYAMATIESI
Held by institutions 77.1% 93.5% 100.0%
Institutions holding 188 785 499
Change in shares held, QoQ -2.3% +0.9% +0.6%
Institutions buying 98 478 269
Institutions selling 48 217 176
Buyers to sellers 2.04 2.20 1.53

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

RYAMATIESI
RYAM 1.00 0.13 0.16
ATI 0.13 1.00 0.53
ESI 0.16 0.53 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, RYAM, ATI and ESI?

Ati (ATI) is the largest by market capitalisation: Rayonier Advanced Materials (RYAM) $441.25M, Ati (ATI) $22.61B, Element Solutions (ESI) $8.33B.

Which stock is cheaper, RYAM, ATI and ESI?

Element Solutions (ESI) trades on the lowest price-to-earnings ratio (Rayonier Advanced Materials (RYAM) -3.2x, Ati (ATI) 47.5x, Element Solutions (ESI) 40.6x). On next year's consensus earnings, Element Solutions (ESI) is cheapest (Ati (ATI) 34.4x, Element Solutions (ESI) 19.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Element Solutions (ESI) grew revenue fastest over the trailing twelve months: Rayonier Advanced Materials (RYAM) -3.3%, Ati (ATI) +4.6%, Element Solutions (ESI) +39.6%.

Which company is more profitable?

Ati (ATI) has the highest net margin (Rayonier Advanced Materials (RYAM) -9.5%, Ati (ATI) 10.1%, Element Solutions (ESI) 5.9%). On return on invested capital, Ati (ATI) leads (Rayonier Advanced Materials (RYAM) -4.7%, Ati (ATI) 14.9%, Element Solutions (ESI) 5.4%).

Which stock has performed better?

Over the past year Ati (ATI) returned the most: Rayonier Advanced Materials (RYAM) -11.7%, Ati (ATI) +84.3%, Element Solutions (ESI) +28.1%. Over five years, Ati (ATI) compounded fastest (Rayonier Advanced Materials (RYAM) -1.9%/yr, Ati (ATI) +61.6%/yr, Element Solutions (ESI) +8.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Ati (ATI) has been the steadiest (Rayonier Advanced Materials (RYAM) 68.2%, Ati (ATI) 42.0%, Element Solutions (ESI) 46.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, RYAM, ATI and ESI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ati (ATI) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.