RYMAN HOSPITALITY PROPERTIES (RHP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:RHP - US78377T1079 - REIT
94.3 USD
+3.92 (+4.34%)
94.3 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to RHP. 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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
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 85.94% 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 98.44% of the companies in the same industry.
The Return On Invested Capital of RHP (6.79%) is better than 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 3.04%.
| 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
The Profit Margin of RHP (9.58%) is comparable to the rest of the industry.
RHP's Profit Margin has improved in the last couple of years.
RHP has a Operating Margin of 18.74%. This is comparable to the rest of the industry: RHP outperforms 45.31% of its industry peers.
RHP's Operating Margin has improved in the last couple of years.
RHP has a Gross Margin of 31.19%. This is amonst the worse of the industry: RHP underperforms 89.84% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), RHP is creating some value.
Compared to 1 year ago, RHP has more shares outstanding
Compared to 5 years ago, RHP has more shares outstanding
RHP has a better debt/assets ratio than last year.
2.2 Solvency
RHP has an Altman-Z score of 1.06. This is a bad value and indicates that RHP is not financially healthy and even has some risk of bankruptcy.
RHP has a better Altman-Z score (1.06) than 78.91% of its industry peers.
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 82.03% 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.
RHP has a worse Debt to Equity ratio (5.24) than 84.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.24 | ||
| Debt/FCF | 15.91 | ||
| Altman-Z | 1.06 |
ROIC/WACC0.93
WACC7.33%
2.3 Liquidity
A Current Ratio of 0.77 indicates that RHP may have some problems paying its short term obligations.
RHP's Current ratio of 0.77 is on the low side compared to the rest of the industry. RHP is outperformed by 64.84% of its industry peers.
A Quick Ratio of 0.77 indicates that RHP may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.77, RHP is doing worse than 62.50% of the companies in the same industry.
| 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.
RHP shows a small growth in Revenue. In the last year, the Revenue has grown by 6.98%.
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
RHP is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.14% yearly.
The Revenue is expected to grow by 7.43% on average over the next years.
EPS Next Y-18.79%
EPS Next 2Y-3.51%
EPS Next 3Y-3.14%
EPS Next 5YN/A
Revenue Next Year8.27%
Revenue Next 2Y8.3%
Revenue Next 3Y7.43%
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
RHP is valuated rather expensively with a Price/Earnings ratio of 24.95.
Compared to the rest of the industry, the Price/Earnings ratio of RHP indicates a somewhat cheap valuation: RHP is cheaper than 75.78% of the companies listed in the same industry.
RHP is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.45, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 23.07, which indicates a rather expensive current valuation of RHP.
RHP's Price/Forward Earnings ratio is rather cheap when compared to the industry. RHP is cheaper than 91.41% of the companies in the same industry.
RHP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.95 | ||
| Fwd PE | 23.07 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, RHP is valued a bit cheaper than 66.41% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, RHP is valued a bit cheaper than the industry average as 72.66% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.77 | ||
| EV/EBITDA | 12.91 |
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 -3.14% in the coming years.
PEG (NY)N/A
PEG (5Y)2.65
EPS Next 2Y-3.51%
EPS Next 3Y-3.14%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.09%, RHP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.59, 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 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
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
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-3.51%
EPS Next 3Y-3.14%
94.3
+3.92 (+4.34%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners107.77%
Inst Owner Change-0.32%
Ins Owners2.52%
Ins Owner Change2.24%
Market Cap5.94B
Revenue(TTM)2.49B
Net Income(TTM)238.37M
Analysts83.53
Price Target115.41 (22.39%)
Short Float %4.12%
Short Ratio4.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
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)-2.77%
PT rev (3m)-2.77%
EPS NQ rev (1m)34.51%
EPS NQ rev (3m)35.94%
EPS NY rev (1m)0%
EPS NY rev (3m)0.09%
Revenue NQ rev (1m)-1.18%
Revenue NQ rev (3m)0.24%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.95 | ||
| Fwd PE | 23.07 | ||
| P/S | 2.39 | ||
| P/FCF | 23.77 | ||
| P/OCF | 10.03 | ||
| P/B | 7.83 | ||
| P/tB | 12.7 | ||
| EV/EBITDA | 12.91 |
EPS(TTM)3.78
EY4.01%
EPS(NY)4.09
Fwd EY4.33%
FCF(TTM)3.97
FCFY4.21%
OCF(TTM)9.41
OCFY9.97%
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
WACC7.33%
ROIC/WACC0.93
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-18.79%
EPS Next 2Y-3.51%
EPS Next 3Y-3.14%
EPS Next 5YN/A
Revenue 1Y (TTM)6.98%
Revenue growth 3Y35.54%
Revenue growth 5Y7.83%
Sales Q2Q%7.73%
Revenue Next Year8.27%
Revenue Next 2Y8.3%
Revenue Next 3Y7.43%
Revenue Next 5YN/A
EBIT growth 1Y-5.66%
EBIT growth 3YN/A
EBIT growth 5Y12.89%
EBIT Next Year53.02%
EBIT Next 3Y22.13%
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 24.95 and the Price/Book (PB) ratio is 7.83.
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 -18.79% in the next year.