RYMAN HOSPITALITY PROPERTIES (RHP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RHP - US78377T1079 - REIT
95.66 USD
+0.13 (+0.14%)
95.66 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to RHP. RHP was compared to 124 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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
- 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
- RHP's Return On Assets of 3.85% is amongst the best of the industry. RHP outperforms 82.26% of its industry peers.
- With an excellent Return On Equity value of 31.43%, RHP belongs to the best of the industry, outperforming 95.16% 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 99.19% 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 3.05%.
| 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 (9.58%) which is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of RHP has grown nicely.
- RHP has a Operating Margin of 18.74%. This is comparable to the rest of the industry: RHP outperforms 45.97% of its industry peers.
- In the last couple of years the Operating Margin of RHP has grown nicely.
- RHP has a worse Gross Margin (31.19%) than 88.71% 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
- 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.
- The debt/assets ratio for RHP has been reduced compared to a year ago.
2.2 Solvency
- RHP has an Altman-Z score of 1.07. 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 1.07 is fine compared to the rest of the industry. RHP outperforms 79.03% of its industry peers.
- RHP has a debt to FCF ratio of 15.91. This is a negative value and a sign of low solvency as RHP would need 15.91 years to pay back of all of its debts.
- RHP's Debt to FCF ratio of 15.91 is amongst the best of the industry. RHP outperforms 83.06% 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.
- RHP's Debt to Equity ratio of 5.24 is on the low side compared to the rest of the industry. RHP is outperformed by 83.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.24 | ||
| Debt/FCF | 15.91 | ||
| Altman-Z | 1.07 |
ROIC/WACC0.91
WACC7.46%
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 comparable to the rest of the industry.
- RHP has a Quick 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.
- RHP has a Quick ratio (0.77) which 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.
- 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)-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 grow by 1.35% on average over the next years.
- RHP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.18% yearly.
EPS Next Y-18.9%
EPS Next 2Y-5.86%
EPS Next 3Y1.35%
EPS Next 5YN/A
Revenue Next Year7.09%
Revenue Next 2Y7.46%
Revenue Next 3Y6.18%
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 decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 25.31, RHP can be considered very expensive at the moment.
- RHP's Price/Earnings ratio is a bit cheaper when compared to the industry. RHP is cheaper than 74.19% of the companies in the same industry.
- RHP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 24.59 indicates a rather expensive valuation of RHP.
- 84.68% of the companies in the same industry are more expensive than RHP, based on the Price/Forward Earnings ratio.
- RHP's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.31 | ||
| Fwd PE | 24.59 |
4.2 Price Multiples
- RHP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RHP is cheaper than 66.94% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, RHP is valued a bit cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.12 | ||
| EV/EBITDA | 13.03 |
4.3 Compensation for Growth
- RHP has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.69
EPS Next 2Y-5.86%
EPS Next 3Y1.35%
5. Dividend
5.1 Amount
- RHP has a Yearly Dividend Yield of 4.82%, which is a nice return.
- Compared to an average industry Dividend Yield of 6.82, 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 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.82% |
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
- 117.05% of the earnings are spent on dividend by RHP. This is not a sustainable payout ratio.
- RHP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP117.05%
EPS Next 2Y-5.86%
EPS Next 3Y1.35%
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%.