RYMAN HOSPITALITY PROPERTIES (RHP) Stock Fundamental Analysis
USA - NYSE:RHP - US78377T1079 - REIT
86.65 USD
+0.18 (+0.21%)
86.65 USD
0 (0%)
Overall RHP gets a fundamental rating of 4 out of 10. We evaluated RHP against 127 industry peers in the Diversified REITs industry. While RHP is still in line with the averages on profitability rating, there are concerns on its financial health. RHP is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year RHP was profitable.
RHP had a positive operating cash flow in the past year.
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
With an excellent Return On Assets value of 4.30%, RHP belongs to the best of the industry, outperforming 88.98% of the companies in the same industry.
RHP has a better Return On Equity (32.79%) than 97.64% of its industry peers.
RHP has a better Return On Invested Capital (6.98%) than 99.21% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RHP is significantly above the industry average of 3.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.3% | ||
| ROE | 32.79% | ||
| ROIC | 6.98% |
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
The Profit Margin of RHP (10.74%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of RHP has grown nicely.
With a Operating Margin value of 19.72%, RHP perfoms like the industry average, outperforming 46.46% of the companies in the same industry.
RHP's Operating Margin has improved in the last couple of years.
RHP has a Gross Margin of 31.78%. This is amonst the worse of the industry: RHP underperforms 89.76% of its industry peers.
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 | 19.72% | ||
| PM (TTM) | 10.74% | ||
| GM | 31.78% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so RHP is still creating some value.
The number of shares outstanding for RHP has been increased compared to 1 year ago.
The number of shares outstanding for RHP has been increased compared to 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 1.05, we must say that RHP is in the distress zone and has some risk of bankruptcy.
RHP's Altman-Z score of 1.05 is fine compared to the rest of the industry. RHP outperforms 74.80% of its industry peers.
RHP has a debt to FCF ratio of 19.85. This is a negative value and a sign of low solvency as RHP would need 19.85 years to pay back of all of its debts.
RHP has a Debt to FCF ratio of 19.85. This is in the better half of the industry: RHP outperforms 74.80% of its industry peers.
RHP has a Debt/Equity ratio of 4.97. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 4.97, RHP is not doing good in the industry: 85.04% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.97 | ||
| Debt/FCF | 19.85 | ||
| Altman-Z | 1.05 |
ROIC/WACC0.97
WACC7.22%
2.3 Liquidity
A Current Ratio of 0.84 indicates that RHP may have some problems paying its short term obligations.
RHP has a Current ratio (0.84) which is comparable to the rest of the industry.
A Quick Ratio of 0.84 indicates that RHP may have some problems paying its short term obligations.
RHP has a Quick ratio (0.84) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The earnings per share for RHP have decreased strongly by -21.39% in the last year.
The Earnings Per Share has been growing by 9.41% on average over the past years. This is quite good.
RHP shows a small growth in Revenue. In the last year, the Revenue has grown by 6.13%.
Measured over the past years, RHP shows a small growth in Revenue. The Revenue has been growing by 7.83% on average per year.
EPS 1Y (TTM)-21.39%
EPS 3YN/A
EPS 5Y9.41%
EPS Q2Q%-32.12%
Revenue 1Y (TTM)6.13%
Revenue growth 3Y35.54%
Revenue growth 5Y7.83%
Sales Q2Q%7.54%
3.2 Future
RHP is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.14% yearly.
RHP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.43% yearly.
EPS Next Y-18.79%
EPS Next 2Y-3.51%
EPS Next 3Y-3.14%
EPS Next 5YN/A
Revenue Next Year8.35%
Revenue Next 2Y8.36%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.68, the valuation of RHP can be described as rather expensive.
Based on the Price/Earnings ratio, RHP is valued cheaper than 81.89% of the companies in the same industry.
When comparing the Price/Earnings ratio of RHP to the average of the S&P500 Index (26.76), we can say RHP is valued slightly cheaper.
The Price/Forward Earnings ratio is 21.20, which indicates a rather expensive current valuation of RHP.
Based on the Price/Forward Earnings ratio, RHP is valued cheaper than 91.34% of the companies in the same industry.
RHP's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.68 | ||
| Fwd PE | 21.2 |
4.2 Price Multiples
RHP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RHP is cheaper than 72.44% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, RHP is valued a bit cheaper than the industry average as 72.44% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.26 | ||
| EV/EBITDA | 12.29 |
4.3 Compensation for Growth
The decent profitability rating of RHP may justify a higher PE ratio.
RHP's earnings are expected to decrease with -3.14% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)2.2
EPS Next 2Y-3.51%
EPS Next 3Y-3.14%
5. Dividend
5.1 Amount
RHP has a Yearly Dividend Yield of 5.26%, which is a nice return.
RHP's Dividend Yield is comparable with the industry average which is at 6.24.
Compared to an average S&P500 Dividend Yield of 2.31, RHP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.26% |
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.
RHP has decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.45%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
103.78% of the earnings are spent on dividend by RHP. This is not a sustainable payout ratio.
RHP's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP103.78%
EPS Next 2Y-3.51%
EPS Next 3Y-3.14%
86.65
+0.18 (+0.21%)
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-0.08%
Ins Owners2.52%
Ins Owner Change1.54%
Market Cap5.46B
Revenue(TTM)2.44B
Net Income(TTM)262.49M
Analysts85
Price Target118.69 (36.98%)
Short Float %4.39%
Short Ratio4.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.26% |
Yearly Dividend4.5
Dividend Growth(5Y)5.45%
DP103.78%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)14.59%
Min EPS beat(2)-5.98%
Max EPS beat(2)35.17%
EPS beat(4)2
Avg EPS beat(4)10.59%
Min EPS beat(4)-7.28%
Max EPS beat(4)35.17%
EPS beat(8)4
Avg EPS beat(8)20.78%
EPS beat(12)7
Avg EPS beat(12)29.17%
EPS beat(16)10
Avg EPS beat(16)-0.82%
Revenue beat(2)2
Avg Revenue beat(2)5.7%
Min Revenue beat(2)5.55%
Max Revenue beat(2)5.86%
Revenue beat(4)2
Avg Revenue beat(4)2.2%
Min Revenue beat(4)-2.34%
Max Revenue beat(4)5.86%
Revenue beat(8)4
Avg Revenue beat(8)1.12%
Revenue beat(12)7
Avg Revenue beat(12)2.63%
Revenue beat(16)10
Avg Revenue beat(16)3.71%
PT rev (1m)-0.47%
PT rev (3m)0.51%
EPS NQ rev (1m)-0.67%
EPS NQ rev (3m)-24.79%
EPS NY rev (1m)0.09%
EPS NY rev (3m)-8.55%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)-0.51%
Revenue NY rev (1m)0.51%
Revenue NY rev (3m)3.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.68 | ||
| Fwd PE | 21.2 | ||
| P/S | 2.23 | ||
| P/FCF | 27.26 | ||
| P/OCF | 9.02 | ||
| P/B | 6.82 | ||
| P/tB | 10.8 | ||
| EV/EBITDA | 12.29 |
EPS(TTM)4.19
EY4.84%
EPS(NY)4.09
Fwd EY4.72%
FCF(TTM)3.18
FCFY3.67%
OCF(TTM)9.61
OCFY11.09%
SpS38.8
BVpS12.71
TBVpS8.02
PEG (NY)N/A
PEG (5Y)2.2
Graham Number34.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.3% | ||
| ROE | 32.79% | ||
| ROCE | 8.83% | ||
| ROIC | 6.98% | ||
| ROICexc | 7.56% | ||
| ROICexgc | 8.03% | ||
| OM | 19.72% | ||
| PM (TTM) | 10.74% | ||
| GM | 31.78% | ||
| FCFM | 8.19% |
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 | 4.97 | ||
| Debt/FCF | 19.85 | ||
| Debt/EBITDA | 5.43 | ||
| Cap/Depr | 161.73% | ||
| Cap/Sales | 16.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.66% | ||
| Profit Quality | 76.28% | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 1.05 |
F-Score4
WACC7.22%
ROIC/WACC0.97
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)-21.39%
EPS 3YN/A
EPS 5Y9.41%
EPS Q2Q%-32.12%
EPS Next Y-18.79%
EPS Next 2Y-3.51%
EPS Next 3Y-3.14%
EPS Next 5YN/A
Revenue 1Y (TTM)6.13%
Revenue growth 3Y35.54%
Revenue growth 5Y7.83%
Sales Q2Q%7.54%
Revenue Next Year8.35%
Revenue Next 2Y8.36%
Revenue Next 3Y7.43%
Revenue Next 5YN/A
EBIT growth 1Y-1.64%
EBIT growth 3YN/A
EBIT growth 5Y12.89%
EBIT Next Year53.02%
EBIT Next 3Y22.13%
EBIT Next 5Y14.01%
FCF growth 1Y-45.11%
FCF growth 3Y70.69%
FCF growth 5Y-3.57%
OCF growth 1Y19.23%
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 5 / 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 20.68 and the Price/Book (PB) ratio is 6.82.
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.