RYMAN HOSPITALITY PROPERTIES (RHP)
US78377T1079 - REIT
Taking everything into account, RHP scores 5 out of 10 in our fundamental rating. RHP was compared to 126 industry peers in the Diversified REITs industry. RHP has an average financial health and profitability rating. RHP is not valued too expensively and it also shows a decent growth rate.
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.
The reported net income has been mixed in the past 5 years: RHP reported negative net income in multiple years.
Of the past 5 years RHP 4 years had a positive operating cash flow.
1.2 Ratios
RHP has a better Return On Assets (6.00%) than 94.31% of its industry peers.
RHP has a better Return On Equity (54.66%) than 99.19% of its industry peers.
RHP has a better Return On Invested Capital (7.79%) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6% | ||
| ROE | 54.66% | ||
| ROIC | 7.79% |
ROA(3y)1.42%
ROA(5y)-0.78%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
RHP has a Profit Margin of 14.42%. This is in the better half of the industry: RHP outperforms 68.29% of its industry peers.
RHP's Profit Margin has declined in the last couple of years.
RHP has a Operating Margin of 21.03%. This is comparable to the rest of the industry: RHP outperforms 51.22% of its industry peers.
RHP's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 32.85%, RHP is doing worse than 91.06% of the companies in the same industry.
In the last couple of years the Gross Margin of RHP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.03% | ||
| PM (TTM) | 14.42% | ||
| GM | 32.85% |
OM growth 3YN/A
OM growth 5Y2.4%
PM growth 3YN/A
PM growth 5Y-7.03%
GM growth 3YN/A
GM growth 5Y1.2%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so RHP is destroying value.
RHP has more shares outstanding than it did 1 year ago.
RHP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for RHP has been reduced compared to a year ago.
2.2 Solvency
RHP has an Altman-Z score of 1.34. This is a bad value and indicates that RHP is not financially healthy and even has some risk of bankruptcy.
RHP's Altman-Z score of 1.34 is amongst the best of the industry. RHP outperforms 84.55% of its industry peers.
RHP has a debt to FCF ratio of 9.64. This is a negative value and a sign of low solvency as RHP would need 9.64 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 9.64, RHP belongs to the best of the industry, outperforming 92.68% of the companies in the same industry.
RHP has a Debt/Equity ratio of 5.93. This is a high value indicating a heavy dependency on external financing.
RHP's Debt to Equity ratio of 5.93 is on the low side compared to the rest of the industry. RHP is outperformed by 90.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.93 | ||
| Debt/FCF | 9.64 | ||
| Altman-Z | 1.34 |
ROIC/WACC0.99
WACC7.83%
2.3 Liquidity
RHP has a Current Ratio of 1.29. This is a normal value and indicates that RHP is financially healthy and should not expect problems in meeting its short term obligations.
RHP has a Current ratio (1.29) which is comparable to the rest of the industry.
A Quick Ratio of 1.29 indicates that RHP should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.29, RHP perfoms like the industry average, outperforming 59.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 127.19% over the past year.
RHP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.67% yearly.
RHP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.49%.
RHP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.10% yearly.
EPS 1Y (TTM)127.19%
EPS 3YN/A
EPS 5Y10.67%
EPS growth Q2Q130.1%
Revenue 1Y (TTM)19.49%
Revenue growth 3Y60.24%
Revenue growth 5Y11.1%
Revenue growth Q2Q11.28%
3.2 Future
The Earnings Per Share is expected to grow by 9.64% on average over the next years. This is quite good.
RHP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.39% yearly.
EPS Next Y-15.91%
EPS Next 2Y0.84%
EPS Next 3Y9.64%
EPS Next 5YN/A
Revenue Next Year9.36%
Revenue Next 2Y6.93%
Revenue Next 3Y6.39%
Revenue Next 5YN/A
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 stable.
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
The Price/Earnings ratio is 20.67, which indicates a rather expensive current valuation of RHP.
Based on the Price/Earnings ratio, RHP is valued a bit cheaper than the industry average as 78.05% of the companies are valued more expensively.
RHP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.84.
Based on the Price/Forward Earnings ratio of 24.58, the valuation of RHP can be described as rather expensive.
Based on the Price/Forward Earnings ratio, RHP is valued cheaper than 80.49% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.35, RHP is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.67 | ||
| Fwd PE | 24.58 |
4.2 Price Multiples
RHP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RHP is cheaper than 60.16% of the companies in the same industry.
73.17% of the companies in the same industry are more expensive than RHP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.3 | ||
| EV/EBITDA | 13.83 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.94
EPS Next 2Y0.84%
EPS Next 3Y9.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.93%, RHP has a reasonable but not impressive dividend return.
RHP's Dividend Yield is slightly below the industry average, which is at 6.03.
Compared to an average S&P500 Dividend Yield of 2.41, RHP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
5.2 History
The dividend of RHP decreases each year by -1.62%.
RHP has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of RHP decreased recently.
Dividend Growth(5Y)-1.62%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
RHP pays out 56.57% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP56.57%
EPS Next 2Y0.84%
EPS Next 3Y9.64%
RYMAN HOSPITALITY PROPERTIES
NYSE:RHP (4/26/2024, 7:13:29 PM)
After market: 107.06 0 (0%)107.06
+0.1 (+0.09%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.41B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.67 | ||
| Fwd PE | 24.58 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6% | ||
| ROE | 54.66% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 21.03% | ||
| PM (TTM) | 14.42% | ||
| GM | 32.85% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.93 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)127.19%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-15.91%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)19.49%
Revenue growth 3Y60.24%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y