RYMAN HOSPITALITY PROPERTIES (RHP) Stock Fundamental Analysis
NYSE:RHP - New York Stock Exchange, Inc. - US78377T1079 - REIT
RHP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 129 industry peers in the Diversified REITs industry. Both the profitability and the financial health of RHP get a neutral evaluation. Nothing too spectacular is happening here. RHP is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year RHP was profitable.
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 Return On Assets of 6.63%. This is amongst the best in the industry. RHP outperforms 96.03% of its industry peers.
Looking at the Return On Equity, with a value of 62.51%, RHP belongs to the top of the industry, outperforming 99.21% of the companies in the same industry.
With an excellent Return On Invested Capital value of 8.46%, RHP belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.63% | ||
| ROE | 62.51% | ||
| ROIC | 8.46% |
ROA(3y)1.42%
ROA(5y)-0.78%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
RHP's Profit Margin of 14.84% is fine compared to the rest of the industry. RHP outperforms 69.05% of its industry peers.
RHP's Profit Margin has declined in the last couple of years.
The Operating Margin of RHP (21.25%) is comparable to the rest of the industry.
RHP's Operating Margin has improved in the last couple of years.
RHP's Gross Margin of 33.24% is on the low side compared to the rest of the industry. RHP is outperformed by 88.89% of its industry peers.
RHP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.25% | ||
| PM (TTM) | 14.84% | ||
| GM | 33.24% |
OM growth 3YN/A
OM growth 5Y2.4%
PM growth 3YN/A
PM growth 5Y-7.03%
GM growth 3YN/A
GM growth 5Y1.2%
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.
RHP has a better debt/assets ratio than last year.
2.2 Solvency
RHP has an Altman-Z score of 1.35. This is a bad value and indicates that RHP is not financially healthy and even has some risk of bankruptcy.
With an excellent Altman-Z score value of 1.35, RHP belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
The Debt to FCF ratio of RHP is 17.29, which is on the high side as it means it would take RHP, 17.29 years of fcf income to pay off all of its debts.
RHP's Debt to FCF ratio of 17.29 is fine compared to the rest of the industry. RHP outperforms 76.98% of its industry peers.
A Debt/Equity ratio of 6.11 is on the high side and indicates that RHP has dependencies on debt financing.
RHP's Debt to Equity ratio of 6.11 is on the low side compared to the rest of the industry. RHP is outperformed by 89.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.11 | ||
| Debt/FCF | 17.29 | ||
| Altman-Z | 1.35 |
ROIC/WACC1.1
WACC7.69%
2.3 Liquidity
RHP has a Current Ratio of 1.24. This is a normal value and indicates that RHP is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of RHP (1.24) is comparable to the rest of the industry.
A Quick Ratio of 1.24 indicates that RHP should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.24, RHP is in line with its industry, outperforming 53.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.24 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 46.61% over the past year.
Measured over the past years, RHP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.67% on average per year.
The Revenue has grown by 11.02% in the past year. This is quite good.
Measured over the past years, RHP shows a quite strong growth in Revenue. The Revenue has been growing by 11.10% on average per year.
EPS 1Y (TTM)46.61%
EPS 3YN/A
EPS 5Y10.67%
EPS Q2Q%46.87%
Revenue 1Y (TTM)11.02%
Revenue growth 3Y60.24%
Revenue growth 5Y11.1%
Sales Q2Q%4.06%
3.2 Future
The Earnings Per Share is expected to grow by 3.37% on average over the next years.
The Revenue is expected to grow by 6.50% on average over the next years.
EPS Next Y-13.62%
EPS Next 2Y-1.51%
EPS Next 3Y3.37%
EPS Next 5YN/A
Revenue Next Year9.36%
Revenue Next 2Y6.41%
Revenue Next 3Y6.2%
Revenue Next 5Y6.5%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.61 indicates a rather expensive valuation of RHP.
Based on the Price/Earnings ratio, RHP is valued cheaply inside the industry as 84.92% of the companies are valued more expensively.
RHP is valuated rather cheaply when we compare the Price/Earnings ratio to 28.29, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 20.85, which indicates a rather expensive current valuation of RHP.
89.68% of the companies in the same industry are more expensive than RHP, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.44, RHP is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.61 | ||
| Fwd PE | 20.85 |
4.2 Price Multiples
RHP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RHP is cheaper than 69.84% of the companies in the same industry.
RHP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. RHP is cheaper than 62.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.16 | ||
| EV/EBITDA | 12.42 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.74
EPS Next 2Y-1.51%
EPS Next 3Y3.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.32%, RHP is a good candidate for dividend investing.
RHP's Dividend Yield is comparable with the industry average which is at 18.51.
RHP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
5.2 History
The dividend of RHP decreases each year by -1.62%.
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)-1.62%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
RHP pays out 75.32% of its income as dividend. This is not a sustainable payout ratio.
DP75.32%
EPS Next 2Y-1.51%
EPS Next 3Y3.37%
RYMAN HOSPITALITY PROPERTIES
NYSE:RHP (1/21/2025, 8:23:57 PM)
After market: 104.77 0 (0%)104.77
+1.81 (+1.76%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners97.95%
Inst Owner Change0.91%
Ins Owners2.55%
Ins Owner Change0.17%
Market Cap6.28B
Analysts83.75
Price Target130.22 (24.29%)
Short Float %5.18%
Short Ratio6.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
Yearly Dividend3.1
Dividend Growth(5Y)-1.62%
DP75.32%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.2%
Min EPS beat(2)20.48%
Max EPS beat(2)21.92%
EPS beat(4)3
Avg EPS beat(4)39.39%
Min EPS beat(4)-16.03%
Max EPS beat(4)131.19%
EPS beat(8)5
Avg EPS beat(8)40.06%
EPS beat(12)8
Avg EPS beat(12)-6.37%
EPS beat(16)11
Avg EPS beat(16)0.45%
Revenue beat(2)1
Avg Revenue beat(2)0.87%
Min Revenue beat(2)-0.25%
Max Revenue beat(2)2%
Revenue beat(4)2
Avg Revenue beat(4)0.25%
Min Revenue beat(4)-1.46%
Max Revenue beat(4)2%
Revenue beat(8)4
Avg Revenue beat(8)2.3%
Revenue beat(12)7
Avg Revenue beat(12)3.43%
Revenue beat(16)10
Avg Revenue beat(16)3.05%
PT rev (1m)1.48%
PT rev (3m)1.32%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.79%
EPS NY rev (1m)0%
EPS NY rev (3m)0.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.81%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.61 | ||
| Fwd PE | 20.85 | ||
| P/S | 2.7 | ||
| P/FCF | 32.16 | ||
| P/OCF | 10.51 | ||
| P/B | 11.37 | ||
| P/tB | 14.47 | ||
| EV/EBITDA | 12.42 |
EPS(TTM)5.63
EY5.37%
EPS(NY)5.02
Fwd EY4.8%
FCF(TTM)3.26
FCFY3.11%
OCF(TTM)9.97
OCFY9.51%
SpS38.81
BVpS9.21
TBVpS7.24
PEG (NY)N/A
PEG (5Y)1.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.63% | ||
| ROE | 62.51% | ||
| ROCE | 10.9% | ||
| ROIC | 8.46% | ||
| ROICexc | 9.59% | ||
| ROICexgc | 9.89% | ||
| OM | 21.25% | ||
| PM (TTM) | 14.84% | ||
| GM | 33.24% | ||
| FCFM | 8.39% |
ROA(3y)1.42%
ROA(5y)-0.78%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y19.3%
ROICexc growth 3YN/A
ROICexc growth 5Y19.71%
OM growth 3YN/A
OM growth 5Y2.4%
PM growth 3YN/A
PM growth 5Y-7.03%
GM growth 3YN/A
GM growth 5Y1.2%
F-Score7
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 6.11 | ||
| Debt/FCF | 17.29 | ||
| Debt/EBITDA | 4.65 | ||
| Cap/Depr | 173.73% | ||
| Cap/Sales | 17.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 82.32% | ||
| Profit Quality | 56.56% | ||
| Current Ratio | 1.24 | ||
| Quick Ratio | 1.24 | ||
| Altman-Z | 1.35 |
F-Score7
WACC7.69%
ROIC/WACC1.1
Cap/Depr(3y)73.66%
Cap/Depr(5y)73.85%
Cap/Sales(3y)9.33%
Cap/Sales(5y)13.81%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)46.61%
EPS 3YN/A
EPS 5Y10.67%
EPS Q2Q%46.87%
EPS Next Y-13.62%
EPS Next 2Y-1.51%
EPS Next 3Y3.37%
EPS Next 5YN/A
Revenue 1Y (TTM)11.02%
Revenue growth 3Y60.24%
Revenue growth 5Y11.1%
Sales Q2Q%4.06%
Revenue Next Year9.36%
Revenue Next 2Y6.41%
Revenue Next 3Y6.2%
Revenue Next 5Y6.5%
EBIT growth 1Y10.7%
EBIT growth 3YN/A
EBIT growth 5Y13.76%
EBIT Next Year65.7%
EBIT Next 3Y22.37%
EBIT Next 5Y19.16%
FCF growth 1Y7.69%
FCF growth 3YN/A
FCF growth 5Y21.24%
OCF growth 1Y78.43%
OCF growth 3YN/A
OCF growth 5Y11.59%