RYMAN HOSPITALITY PROPERTIES (RHP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RHP - US78377T1079 - REIT
97.47 USD
-0.22 (-0.23%)
97.47 USD
0 (0%)
Taking everything into account, RHP scores 4 out of 10 in our fundamental rating. RHP was compared to 128 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
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.
Of the past 5 years RHP 4 years had a positive operating cash flow.
1.2 Ratios
RHP has a Return On Assets of 3.85%. This is amongst the best in the industry. RHP outperforms 82.03% of its industry peers.
Looking at the Return On Equity, with a value of 31.43%, RHP belongs to the top of the industry, outperforming 94.53% of the companies in the same industry.
With an excellent Return On Invested Capital value of 6.79%, RHP belongs to the best of the industry, outperforming 99.22% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for RHP is significantly above the industry average of 3.05%.
| 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
RHP has a Profit Margin of 9.58%. This is comparable to the rest of the industry: RHP outperforms 54.69% of its industry peers.
In the last couple of years the Profit Margin of RHP has grown nicely.
RHP has a Operating Margin (18.74%) which is in line with its industry peers.
RHP's Operating Margin has improved in the last couple of years.
The Gross Margin of RHP (31.19%) is worse than 89.84% 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 | 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.
The number of shares outstanding for RHP has been increased compared to 5 years ago.
The debt/assets ratio for RHP has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.08, 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 1.08, RHP belongs to the top of the industry, outperforming 82.03% 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.
RHP's Debt to FCF ratio of 15.91 is amongst the best of the industry. RHP outperforms 82.81% 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.
With a Debt to Equity ratio value of 5.24, RHP is not doing good in the industry: 84.38% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.24 | ||
| Debt/FCF | 15.91 | ||
| Altman-Z | 1.08 |
ROIC/WACC0.91
WACC7.42%
2.3 Liquidity
A Current Ratio of 0.77 indicates that RHP may have some problems paying its short term obligations.
The Current ratio of RHP (0.77) is worse than 61.72% of its industry peers.
A Quick Ratio of 0.77 indicates that RHP may have some problems paying its short term obligations.
The Quick ratio of RHP (0.77) is comparable to the rest of the 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
RHP is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.05% yearly.
RHP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.87% yearly.
EPS Next Y-21.55%
EPS Next 2Y-6.07%
EPS Next 3Y-4.05%
EPS Next 5YN/A
Revenue Next Year8.73%
Revenue Next 2Y8.4%
Revenue Next 3Y6.87%
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 quite expensively with a Price/Earnings ratio of 25.79.
Compared to the rest of the industry, the Price/Earnings ratio of RHP indicates a somewhat cheap valuation: RHP is cheaper than 71.09% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of RHP to the average of the S&P500 Index (26.57), we can say RHP is valued inline with the index average.
The Price/Forward Earnings ratio is 25.16, which means the current valuation is very expensive for RHP.
Based on the Price/Forward Earnings ratio, RHP is valued cheaply inside the industry as 84.38% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.04, RHP is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.79 | ||
| Fwd PE | 25.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RHP is valued a bit cheaper than the industry average as 64.06% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of RHP indicates a somewhat cheap valuation: RHP is cheaper than 72.66% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.57 | ||
| EV/EBITDA | 13.2 |
4.3 Compensation for Growth
The decent profitability rating of RHP may justify a higher PE ratio.
A cheap valuation may be justified as RHP's earnings are expected to decrease with -4.05% in the coming years.
PEG (NY)N/A
PEG (5Y)2.74
EPS Next 2Y-6.07%
EPS Next 3Y-4.05%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.76%, RHP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.33, 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 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
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
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%
97.47
-0.22 (-0.23%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners107.44%
Inst Owner Change-0.4%
Ins Owners2.53%
Ins Owner Change1.36%
Market Cap6.14B
Revenue(TTM)2.49B
Net Income(TTM)238.37M
Analysts83.53
Price TargetN/A
Short Float %4.56%
Short Ratio4.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
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)-0.5%
PT rev (3m)-3.16%
EPS NQ rev (1m)-7.13%
EPS NQ rev (3m)26.25%
EPS NY rev (1m)-3.4%
EPS NY rev (3m)-3.31%
Revenue NQ rev (1m)0.98%
Revenue NQ rev (3m)1.03%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)0.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.79 | ||
| Fwd PE | 25.16 | ||
| P/S | 2.47 | ||
| P/FCF | 24.57 | ||
| P/OCF | 10.36 | ||
| P/B | 8.1 | ||
| P/tB | 13.13 | ||
| EV/EBITDA | 13.2 |
EPS(TTM)3.78
EY3.88%
EPS(NY)3.87
Fwd EY3.97%
FCF(TTM)3.97
FCFY4.07%
OCF(TTM)9.41
OCFY9.65%
SpS39.47
BVpS12.04
TBVpS7.42
PEG (NY)N/A
PEG (5Y)2.74
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 | 1.08 |
F-Score4
WACC7.42%
ROIC/WACC0.91
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 Year8.73%
Revenue Next 2Y8.4%
Revenue Next 3Y6.87%
Revenue Next 5YN/A
EBIT growth 1Y-5.66%
EBIT growth 3YN/A
EBIT growth 5Y12.89%
EBIT Next Year52.39%
EBIT Next 3Y21.52%
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 25.79 and the Price/Book (PB) ratio is 8.1.
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 -21.55% in the next year.