RYMAN HOSPITALITY PROPERTIES (RHP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RHP - US78377T1079 - REIT
94.3 USD
+3.92 (+4.34%)
94.3 USD
0 (0%)
Overall RHP gets a fundamental rating of 4 out of 10. We evaluated RHP against 128 industry peers in the Diversified REITs industry. There are concerns on the financial health of RHP while its profitability can be described as average. RHP is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
RHP had positive earnings in the past year.
In the past year RHP had a positive cash flow from operations.
In multiple years RHP reported negative net income over the last 5 years.
RHP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.85%, RHP belongs to the top of the industry, outperforming 86.72% of the companies in the same industry.
Looking at the Return On Equity, with a value of 31.43%, RHP belongs to the top of the industry, outperforming 97.66% of the companies in the same industry.
RHP's Return On Invested Capital of 6.79% is amongst the best of the industry. RHP outperforms 99.22% of its industry peers.
The Average Return On Invested Capital over the past 3 years for RHP is significantly above the industry average of 3.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 31.43% | ||
| ROIC | 6.79% |
ROA(3y)4.8%
ROA(5y)-0.46%
ROE(3y)79.84%
ROE(5y)N/A
ROIC(3y)10.05%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 9.58%, RHP is in line with its industry, outperforming 57.81% of the companies in the same industry.
RHP's Profit Margin has improved in the last couple of years.
RHP has a Operating Margin of 18.74%. This is comparable to the rest of the industry: RHP outperforms 45.31% of its industry peers.
RHP's Operating Margin has improved in the last couple of years.
RHP has a Gross Margin of 31.19%. This is amonst the worse of the industry: RHP underperforms 89.84% of its industry peers.
RHP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.74% | ||
| PM (TTM) | 9.58% | ||
| GM | 31.19% |
OM growth 3YN/A
OM growth 5Y4.7%
PM growth 3YN/A
PM growth 5Y5.03%
GM growth 3Y15.63%
GM growth 5Y0.35%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), RHP is creating some value.
Compared to 1 year ago, RHP has more shares outstanding
RHP has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, RHP has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.03, we must say that RHP is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.03, RHP is in the better half of the industry, outperforming 78.91% of the companies in the same industry.
RHP has a debt to FCF ratio of 15.91. This is a negative value and a sign of low solvency as RHP would need 15.91 years to pay back of all of its debts.
RHP has a Debt to FCF ratio of 15.91. This is amongst the best in the industry. RHP outperforms 82.03% of its industry peers.
A Debt/Equity ratio of 5.24 is on the high side and indicates that RHP has dependencies on debt financing.
The Debt to Equity ratio of RHP (5.24) is worse than 84.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.24 | ||
| Debt/FCF | 15.91 | ||
| Altman-Z | 1.03 |
ROIC/WACC0.93
WACC7.33%
2.3 Liquidity
A Current Ratio of 0.77 indicates that RHP may have some problems paying its short term obligations.
RHP has a Current ratio of 0.77. This is in the lower half of the industry: RHP underperforms 64.06% of its industry peers.
A Quick Ratio of 0.77 indicates that RHP may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.77, RHP is doing worse than 61.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
The earnings per share for RHP have decreased strongly by -32.86% in the last year.
The Earnings Per Share has been growing by 9.41% on average over the past years. This is quite good.
The Revenue has been growing slightly by 6.98% in the past year.
RHP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.83% yearly.
EPS 1Y (TTM)-32.86%
EPS 3YN/A
EPS 5Y9.41%
EPS Q2Q%-43.62%
Revenue 1Y (TTM)6.98%
Revenue growth 3Y35.54%
Revenue growth 5Y7.83%
Sales Q2Q%7.73%
3.2 Future
Based on estimates for the next years, RHP will show a decrease in Earnings Per Share. The EPS will decrease by -3.14% on average per year.
The Revenue is expected to grow by 7.43% on average over the next years.
EPS Next Y-18.79%
EPS Next 2Y-3.51%
EPS Next 3Y-3.14%
EPS Next 5YN/A
Revenue Next Year8.27%
Revenue Next 2Y8.3%
Revenue Next 3Y7.43%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.95 indicates a rather expensive valuation of RHP.
78.13% of the companies in the same industry are more expensive than RHP, based on the Price/Earnings ratio.
RHP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.45.
Based on the Price/Forward Earnings ratio of 23.07, the valuation of RHP can be described as rather expensive.
Based on the Price/Forward Earnings ratio, RHP is valued cheaper than 91.41% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, RHP is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.95 | ||
| Fwd PE | 23.07 |
4.2 Price Multiples
66.41% of the companies in the same industry are more expensive than RHP, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, RHP is valued a bit cheaper than 73.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.77 | ||
| EV/EBITDA | 12.57 |
4.3 Compensation for Growth
RHP has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as RHP's earnings are expected to decrease with -3.14% in the coming years.
PEG (NY)N/A
PEG (5Y)2.65
EPS Next 2Y-3.51%
EPS Next 3Y-3.14%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.09%, RHP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.50, RHP has a dividend in line with its industry peers.
RHP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
5.2 History
The dividend of RHP has a limited annual growth rate of 5.45%.
RHP has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of RHP decreased in the last 3 years.
Dividend Growth(5Y)5.45%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
RHP pays out 117.05% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of RHP has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP117.05%
EPS Next 2Y-3.51%
EPS Next 3Y-3.14%
94.3
+3.92 (+4.34%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners107.77%
Inst Owner Change-0.32%
Ins Owners2.52%
Ins Owner Change2.24%
Market Cap5.94B
Revenue(TTM)2.49B
Net Income(TTM)238.37M
Analysts83.53
Price Target115.41 (22.39%)
Short Float %4.12%
Short Ratio4.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
Yearly Dividend4.5
Dividend Growth(5Y)5.45%
DP117.05%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.09%
Min EPS beat(2)-5.98%
Max EPS beat(2)20.17%
EPS beat(4)2
Avg EPS beat(4)10.52%
Min EPS beat(4)-7.28%
Max EPS beat(4)35.17%
EPS beat(8)5
Avg EPS beat(8)24.95%
EPS beat(12)7
Avg EPS beat(12)30.21%
EPS beat(16)10
Avg EPS beat(16)-2.15%
Revenue beat(2)2
Avg Revenue beat(2)3.84%
Min Revenue beat(2)2.13%
Max Revenue beat(2)5.55%
Revenue beat(4)3
Avg Revenue beat(4)2.8%
Min Revenue beat(4)-2.34%
Max Revenue beat(4)5.86%
Revenue beat(8)5
Avg Revenue beat(8)1.52%
Revenue beat(12)7
Avg Revenue beat(12)2.46%
Revenue beat(16)10
Avg Revenue beat(16)3.27%
PT rev (1m)-2.22%
PT rev (3m)-3.16%
EPS NQ rev (1m)-2.49%
EPS NQ rev (3m)-6.2%
EPS NY rev (1m)0.09%
EPS NY rev (3m)-8.55%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)0.99%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)2.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.95 | ||
| Fwd PE | 23.07 | ||
| P/S | 2.39 | ||
| P/FCF | 23.77 | ||
| P/OCF | 10.03 | ||
| P/B | 7.83 | ||
| P/tB | 12.7 | ||
| EV/EBITDA | 12.57 |
EPS(TTM)3.78
EY4.01%
EPS(NY)4.09
Fwd EY4.33%
FCF(TTM)3.97
FCFY4.21%
OCF(TTM)9.41
OCFY9.97%
SpS39.47
BVpS12.04
TBVpS7.42
PEG (NY)N/A
PEG (5Y)2.65
Graham Number32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.85% | ||
| ROE | 31.43% | ||
| ROCE | 8.59% | ||
| ROIC | 6.79% | ||
| ROICexc | 7.45% | ||
| ROICexgc | 7.92% | ||
| OM | 18.74% | ||
| PM (TTM) | 9.58% | ||
| GM | 31.19% | ||
| FCFM | 10.05% |
ROA(3y)4.8%
ROA(5y)-0.46%
ROE(3y)79.84%
ROE(5y)N/A
ROIC(3y)10.05%
ROIC(5y)N/A
ROICexc(3y)11.74%
ROICexc(5y)N/A
ROICexgc(3y)12.57%
ROICexgc(5y)N/A
ROCE(3y)12.72%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y10.32%
ROICexc growth 3YN/A
ROICexc growth 5Y10.99%
OM growth 3YN/A
OM growth 5Y4.7%
PM growth 3YN/A
PM growth 5Y5.03%
GM growth 3Y15.63%
GM growth 5Y0.35%
F-Score4
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.24 | ||
| Debt/FCF | 15.91 | ||
| Debt/EBITDA | 5.44 | ||
| Cap/Depr | 129.46% | ||
| Cap/Sales | 13.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 81.1% | ||
| Profit Quality | 104.84% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 1.03 |
F-Score4
WACC7.33%
ROIC/WACC0.93
Cap/Depr(3y)119.66%
Cap/Depr(5y)94.21%
Cap/Sales(3y)12.39%
Cap/Sales(5y)15.39%
Profit Quality(3y)119.29%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-32.86%
EPS 3YN/A
EPS 5Y9.41%
EPS Q2Q%-43.62%
EPS Next Y-18.79%
EPS Next 2Y-3.51%
EPS Next 3Y-3.14%
EPS Next 5YN/A
Revenue 1Y (TTM)6.98%
Revenue growth 3Y35.54%
Revenue growth 5Y7.83%
Sales Q2Q%7.73%
Revenue Next Year8.27%
Revenue Next 2Y8.3%
Revenue Next 3Y7.43%
Revenue Next 5YN/A
EBIT growth 1Y-5.66%
EBIT growth 3YN/A
EBIT growth 5Y12.89%
EBIT Next Year53.02%
EBIT Next 3Y22.13%
EBIT Next 5Y14.01%
FCF growth 1Y-34.29%
FCF growth 3Y70.69%
FCF growth 5Y-3.57%
OCF growth 1Y8.97%
OCF growth 3Y73.02%
OCF growth 5Y10.2%
RYMAN HOSPITALITY PROPERTIES / RHP FAQ
Can you provide the ChartMill fundamental rating for RYMAN HOSPITALITY PROPERTIES?
ChartMill assigns a fundamental rating of 4 / 10 to RHP.
What is the valuation status of RYMAN HOSPITALITY PROPERTIES (RHP) stock?
ChartMill assigns a valuation rating of 4 / 10 to RYMAN HOSPITALITY PROPERTIES (RHP). This can be considered as Fairly Valued.
Can you provide the profitability details for RYMAN HOSPITALITY PROPERTIES?
RYMAN HOSPITALITY PROPERTIES (RHP) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for RHP stock?
The Price/Earnings (PE) ratio for RYMAN HOSPITALITY PROPERTIES (RHP) is 24.95 and the Price/Book (PB) ratio is 7.83.
What is the earnings growth outlook for RYMAN HOSPITALITY PROPERTIES?
The Earnings per Share (EPS) of RYMAN HOSPITALITY PROPERTIES (RHP) is expected to decline by -18.79% in the next year.