RYMAN HOSPITALITY PROPERTIES (RHP) Stock Fundamental Analysis
NYSE:RHP - New York Stock Exchange, Inc. - US78377T1079 - REIT - Currency: USD
RHP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 130 industry peers in the Diversified REITs industry. While RHP has a great profitability rating, there are quite some concerns on its financial health. 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.
RHP had a positive operating cash flow in the past year.
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 Return On Assets of 5.21%. This is amongst the best in the industry. RHP outperforms 93.85% of its industry peers.
RHP has a better Return On Equity (49.48%) than 98.46% of its industry peers.
With an excellent Return On Invested Capital value of 8.53%, RHP belongs to the best of the industry, outperforming 99.23% of the companies in the same industry.
RHP had an Average Return On Invested Capital over the past 3 years of 10.05%. This is significantly above the industry average of 3.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.21% | ||
| ROE | 49.48% | ||
| ROIC | 8.53% |
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
RHP has a Profit Margin of 11.61%. This is in the better half of the industry: RHP outperforms 64.62% of its industry peers.
RHP's Profit Margin has improved in the last couple of years.
RHP has a Operating Margin (20.97%) which is comparable to the rest of the industry.
RHP's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 33.03%, RHP is doing worse than 86.92% 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 | 20.97% | ||
| PM (TTM) | 11.61% | ||
| GM | 33.03% |
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
RHP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, RHP has more shares outstanding
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 1.18, 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 1.18, RHP belongs to the top of the industry, outperforming 83.85% of the companies in the same industry.
RHP has a debt to FCF ratio of 20.04. This is a negative value and a sign of low solvency as RHP would need 20.04 years to pay back of all of its debts.
RHP's Debt to FCF ratio of 20.04 is fine compared to the rest of the industry. RHP outperforms 73.85% of its industry peers.
A Debt/Equity ratio of 6.15 is on the high side and indicates that RHP has dependencies on debt financing.
With a Debt to Equity ratio value of 6.15, RHP is not doing good in the industry: 86.15% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.15 | ||
| Debt/FCF | 20.04 | ||
| Altman-Z | 1.18 |
ROIC/WACC1.14
WACC7.46%
2.3 Liquidity
RHP has a Current Ratio of 0.85. This is a bad value and indicates that RHP is not financially healthy enough and could expect problems in meeting its short term obligations.
RHP's Current ratio of 0.85 is in line compared to the rest of the industry. RHP outperforms 44.62% of its industry peers.
A Quick Ratio of 0.85 indicates that RHP may have some problems paying its short term obligations.
With a Quick ratio value of 0.85, RHP perfoms like the industry average, outperforming 48.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.08% over the past year.
The Earnings Per Share has been growing by 9.41% on average over the past years. This is quite good.
The Revenue has grown by 8.39% in the past year. This is quite good.
The Revenue has been growing slightly by 7.83% on average over the past years.
EPS 1Y (TTM)20.08%
EPS 3YN/A
EPS 5Y9.41%
EPS Q2Q%210.45%
Revenue 1Y (TTM)8.39%
Revenue growth 3Y35.54%
Revenue growth 5Y7.83%
Sales Q2Q%11.15%
3.2 Future
RHP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.55% yearly.
The Revenue is expected to grow by 5.57% on average over the next years.
EPS Next Y-3.77%
EPS Next 2Y6.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.4%
Revenue Next 2Y3.87%
Revenue Next 3Y5.57%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.13, which indicates a correct valuation of RHP.
RHP's Price/Earnings ratio is rather cheap when compared to the industry. RHP is cheaper than 86.15% of the companies in the same industry.
RHP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.75.
RHP is valuated rather expensively with a Price/Forward Earnings ratio of 18.77.
93.85% of the companies in the same industry are more expensive than RHP, based on the Price/Forward Earnings ratio.
RHP is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 20.49, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.13 | ||
| Fwd PE | 18.77 |
4.2 Price Multiples
RHP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RHP is cheaper than 70.77% of the companies in the same industry.
65.38% 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 | 33.3 | ||
| EV/EBITDA | 11.27 |
4.3 Compensation for Growth
The decent profitability rating of RHP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.71
EPS Next 2Y6.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
RHP has a Yearly Dividend Yield of 5.11%, which is a nice return.
RHP's Dividend Yield is comparable with the industry average which is at 16.33.
RHP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.11% |
5.2 History
The dividend of RHP has a limited annual growth rate of 5.45%.
RHP has been paying a dividend for at least 10 years, so it has 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
97.97% of the earnings are spent on dividend by RHP. This is not a sustainable payout ratio.
RHP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP97.97%
EPS Next 2Y6.55%
EPS Next 3YN/A
NYSE:RHP (5/2/2025, 3:51:46 PM)
93.58
+5.49 (+6.23%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners100.8%
Inst Owner Change0.7%
Ins Owners2.54%
Ins Owner Change3.95%
Market Cap5.61B
Analysts86.25
Price Target119.77 (27.99%)
Short Float %8.78%
Short Ratio4.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.11% |
Yearly Dividend4.5
Dividend Growth(5Y)5.45%
DP97.97%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.6%
Min EPS beat(2)-7.28%
Max EPS beat(2)20.48%
EPS beat(4)2
Avg EPS beat(4)4.77%
Min EPS beat(4)-16.03%
Max EPS beat(4)21.92%
EPS beat(8)4
Avg EPS beat(8)32.84%
EPS beat(12)7
Avg EPS beat(12)-9.64%
EPS beat(16)10
Avg EPS beat(16)-1.48%
Revenue beat(2)0
Avg Revenue beat(2)-1.29%
Min Revenue beat(2)-2.34%
Max Revenue beat(2)-0.25%
Revenue beat(4)1
Avg Revenue beat(4)-0.51%
Min Revenue beat(4)-2.34%
Max Revenue beat(4)2%
Revenue beat(8)3
Avg Revenue beat(8)0.74%
Revenue beat(12)6
Avg Revenue beat(12)1.86%
Revenue beat(16)9
Avg Revenue beat(16)1.83%
PT rev (1m)-5.19%
PT rev (3m)-8.03%
EPS NQ rev (1m)0.34%
EPS NQ rev (3m)-12.22%
EPS NY rev (1m)-1.18%
EPS NY rev (3m)-15.93%
Revenue NQ rev (1m)0.46%
Revenue NQ rev (3m)1.6%
Revenue NY rev (1m)-0.29%
Revenue NY rev (3m)-1.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.13 | ||
| Fwd PE | 18.77 | ||
| P/S | 2.4 | ||
| P/FCF | 33.3 | ||
| P/OCF | 9.74 | ||
| P/B | 10.23 | ||
| P/tB | 12.98 | ||
| EV/EBITDA | 11.27 |
EPS(TTM)5.8
EY6.2%
EPS(NY)4.98
Fwd EY5.33%
FCF(TTM)2.81
FCFY3%
OCF(TTM)9.61
OCFY10.27%
SpS38.99
BVpS9.15
TBVpS7.21
PEG (NY)N/A
PEG (5Y)1.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.21% | ||
| ROE | 49.48% | ||
| ROCE | 10.79% | ||
| ROIC | 8.53% | ||
| ROICexc | 9.53% | ||
| ROICexgc | 9.81% | ||
| OM | 20.97% | ||
| PM (TTM) | 11.61% | ||
| GM | 33.03% | ||
| FCFM | 7.21% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score6
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.15 | ||
| Debt/FCF | 20.04 | ||
| Debt/EBITDA | 4.65 | ||
| Cap/Depr | 173.12% | ||
| Cap/Sales | 17.44% | ||
| Interest Coverage | 2.33 | ||
| Cash Conversion | 79.39% | ||
| Profit Quality | 62.07% | ||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 1.18 |
F-Score6
WACC7.46%
ROIC/WACC1.14
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)20.08%
EPS 3YN/A
EPS 5Y9.41%
EPS Q2Q%210.45%
EPS Next Y-3.77%
EPS Next 2Y6.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.39%
Revenue growth 3Y35.54%
Revenue growth 5Y7.83%
Sales Q2Q%11.15%
Revenue Next Year2.4%
Revenue Next 2Y3.87%
Revenue Next 3Y5.57%
Revenue Next 5YN/A
EBIT growth 1Y8.11%
EBIT growth 3YN/A
EBIT growth 5Y12.89%
EBIT Next Year49.11%
EBIT Next 3Y21.9%
EBIT Next 5Y14.01%
FCF growth 1Y-51.87%
FCF growth 3Y70.69%
FCF growth 5Y-3.57%
OCF growth 1Y3.49%
OCF growth 3Y73.02%
OCF growth 5Y10.2%