RYMAN HOSPITALITY PROPERTIES (RHP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RHP - US78377T1079 - REIT
97.48 USD
-1.33 (-1.35%)
97.48 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. RHP has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
RHP had a positive operating cash flow in the past year.
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 better Return On Assets (3.85%) than 82.03% of its industry peers.
RHP's Return On Equity of 31.43% is amongst the best of the industry. RHP outperforms 94.53% of its industry peers.
RHP has a Return On Invested Capital of 6.79%. This is amongst the best in the industry. RHP outperforms 99.22% 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 3.05%.
| 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
Looking at the Profit Margin, with a value of 9.58%, RHP is in line with its industry, outperforming 54.69% of the companies in the same industry.
RHP's Profit Margin has improved in the last couple of years.
RHP has a Operating Margin (18.74%) 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 31.19%, RHP is doing worse than 89.84% 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 | 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.
Compared to 5 years ago, RHP has more shares outstanding
Compared to 1 year ago, RHP has an improved debt to assets ratio.
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 81.25% 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 has a Debt to FCF ratio of 15.91. This is amongst the best in the industry. RHP outperforms 82.81% of its industry peers.
RHP has a Debt/Equity ratio of 5.24. This is a high value indicating a heavy dependency on external 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
WACC7.44%
2.3 Liquidity
A Current Ratio of 0.77 indicates that RHP may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.77, RHP is doing worse than 61.72% of the companies in the same 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 of 0.77. This is comparable to the rest of the industry: RHP outperforms 40.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
RHP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -32.86%.
Measured over the past years, RHP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.41% on average per year.
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.
Based on estimates for the next years, RHP will show a small growth in Revenue. The Revenue will grow by 6.87% on average per year.
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
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 25.79, the valuation of RHP can be described as expensive.
Based on the Price/Earnings ratio, RHP is valued a bit cheaper than the industry average as 70.31% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of RHP to the average of the S&P500 Index (26.43), we can say RHP is valued inline with the index average.
The Price/Forward Earnings ratio is 25.17, which means the current valuation is very expensive for RHP.
RHP's Price/Forward Earnings ratio is rather cheap when compared to the industry. RHP is cheaper than 83.59% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.66, RHP is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.79 | ||
| Fwd PE | 25.17 |
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 64.84% of the companies listed in the same industry.
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 | 13.19 |
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 4.81%, RHP is a good candidate for dividend investing.
RHP's Dividend Yield is comparable with the industry average which is at 6.20.
RHP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
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.
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 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%
97.48
-1.33 (-1.35%)
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 Target115.48 (18.47%)
Short Float %4.56%
Short Ratio4.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
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)29.47%
EPS NQ rev (3m)26.25%
EPS NY rev (1m)-3.4%
EPS NY rev (3m)-3.31%
Revenue NQ rev (1m)-0.69%
Revenue NQ rev (3m)0.41%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)0.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.79 | ||
| Fwd PE | 25.17 | ||
| P/S | 2.47 | ||
| P/FCF | 24.57 | ||
| P/OCF | 10.36 | ||
| P/B | 8.1 | ||
| P/tB | 13.13 | ||
| EV/EBITDA | 13.19 |
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
WACC7.44%
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.