RYMAN HOSPITALITY PROPERTIES (RHP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RHP - US78377T1079 - REIT
94.1 USD
+0.21 (+0.22%)
94.1 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to RHP. RHP was compared to 127 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 has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year RHP was profitable.
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.
RHP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
RHP has a Return On Assets of 3.85%. This is amongst the best in the industry. RHP outperforms 81.89% of its industry peers.
RHP has a better Return On Equity (31.43%) than 94.49% of its industry peers.
RHP has a Return On Invested Capital of 6.79%. This is amongst the best in the industry. RHP outperforms 99.21% of its industry peers.
RHP had an Average Return On Invested Capital over the past 3 years of 10.05%. This is significantly above the industry average of 3.06%.
| 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 55.12% of the companies in the same industry.
In the last couple of years the Profit Margin of RHP has grown nicely.
The Operating Margin of RHP (18.74%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of RHP has grown nicely.
The Gross Margin of RHP (31.19%) is worse than 88.98% 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
RHP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
RHP has more shares outstanding than it did 1 year ago.
RHP has more shares outstanding than it did 5 years ago.
RHP has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.06, we must say that RHP is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 1.06, RHP is doing good in the industry, outperforming 78.74% of the companies in the same industry.
The Debt to FCF ratio of RHP is 15.91, which is on the high side as it means it would take RHP, 15.91 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 15.91, RHP belongs to the top of the industry, outperforming 82.68% of the companies in the same industry.
A Debt/Equity ratio of 5.24 is on the high side and indicates that RHP has dependencies on debt financing.
With a Debt to Equity ratio value of 5.24, RHP is not doing good in the industry: 83.46% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.24 | ||
| Debt/FCF | 15.91 | ||
| Altman-Z | 1.06 |
ROIC/WACC0.92
WACC7.4%
2.3 Liquidity
RHP has a Current Ratio of 0.77. This is a bad value and indicates that RHP is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of RHP (0.77) is worse than 60.63% of its industry peers.
A Quick Ratio of 0.77 indicates that RHP may have some problems paying its short term obligations.
With a Quick ratio value of 0.77, RHP perfoms like the industry average, outperforming 41.73% 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.
Looking at the last year, RHP shows a small growth in Revenue. The Revenue has grown by 6.98% in the last 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
The Earnings Per Share is expected to decrease by -4.05% on average over the next years.
The Revenue is expected to grow by 7.01% on average over the next years.
EPS Next Y-21.55%
EPS Next 2Y-6.07%
EPS Next 3Y-4.05%
EPS Next 5YN/A
Revenue Next Year9.03%
Revenue Next 2Y8.59%
Revenue Next 3Y7.01%
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
RHP is valuated rather expensively with a Price/Earnings ratio of 24.89.
RHP's Price/Earnings ratio is a bit cheaper when compared to the industry. RHP is cheaper than 72.44% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.17, RHP is valued at the same level.
The Price/Forward Earnings ratio is 24.29, which indicates a rather expensive current valuation of RHP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of RHP indicates a rather cheap valuation: RHP is cheaper than 85.04% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.79. RHP is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.89 | ||
| Fwd PE | 24.29 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of RHP indicates a somewhat cheap valuation: RHP is cheaper than 67.72% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, RHP is valued a bit cheaper than 73.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.72 | ||
| EV/EBITDA | 12.89 |
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 -4.05% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)2.65
EPS Next 2Y-6.07%
EPS Next 3Y-4.05%
5. Dividend
5.1 Amount
RHP has a Yearly Dividend Yield of 4.91%, which is a nice return.
RHP's Dividend Yield is comparable with the industry average which is at 6.83.
Compared to an average S&P500 Dividend Yield of 1.94, RHP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.91% |
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.
RHP's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP117.05%
EPS Next 2Y-6.07%
EPS Next 3Y-4.05%
94.1
+0.21 (+0.22%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners107.67%
Inst Owner Change0%
Ins Owners2.53%
Ins Owner Change1.36%
Market Cap5.93B
Revenue(TTM)2.49B
Net Income(TTM)238.37M
Analysts83.53
Price Target114.39 (21.56%)
Short Float %4.49%
Short Ratio5.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.91% |
Yearly Dividend4.5
Dividend Growth(5Y)5.45%
DP117.05%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
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)-0.88%
PT rev (3m)-3.63%
EPS NQ rev (1m)0%
EPS NQ rev (3m)26.25%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.31%
Revenue NQ rev (1m)0.62%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.89 | ||
| Fwd PE | 24.29 | ||
| P/S | 2.38 | ||
| P/FCF | 23.72 | ||
| P/OCF | 10 | ||
| P/B | 7.82 | ||
| P/tB | 12.67 | ||
| EV/EBITDA | 12.89 |
EPS(TTM)3.78
EY4.02%
EPS(NY)3.87
Fwd EY4.12%
FCF(TTM)3.97
FCFY4.22%
OCF(TTM)9.41
OCFY10%
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 | 1.06 |
F-Score4
WACC7.4%
ROIC/WACC0.92
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-21.55%
EPS Next 2Y-6.07%
EPS Next 3Y-4.05%
EPS Next 5YN/A
Revenue 1Y (TTM)6.98%
Revenue growth 3Y35.54%
Revenue growth 5Y7.83%
Sales Q2Q%7.73%
Revenue Next Year9.03%
Revenue Next 2Y8.59%
Revenue Next 3Y7.01%
Revenue Next 5YN/A
EBIT growth 1Y-5.66%
EBIT growth 3YN/A
EBIT growth 5Y12.89%
EBIT Next Year52.52%
EBIT Next 3Y21.5%
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 for 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 financial health for RHP stock?
The financial health rating of RYMAN HOSPITALITY PROPERTIES (RHP) is 3 / 10.
Is the dividend of RYMAN HOSPITALITY PROPERTIES sustainable?
The dividend rating of RYMAN HOSPITALITY PROPERTIES (RHP) is 5 / 10 and the dividend payout ratio is 117.05%.