Ryman Hospitality Properties, Inc. (RHP) stock analysis

P/E above its 5-year median

Ryman Hospitality Properties's P/E of 34.6 is above its own 5-year median of 24.6.

P/E above the industry

Ryman Hospitality Properties's P/E of 34.6 is above the Miscellaneous Investing median of 26.3.

EV/EBITDA above its 5-year median

Ryman Hospitality Properties's EV/EBITDA of 10.0 is above its 5-year median of 8.5.

P/B above the industry

Ryman Hospitality Properties's price-to-book of 11.72 is above the Miscellaneous Investing median of 1.20.

Trading above fair value

The share price of $138.91 is above our fair value estimate of $110.79.

Margin of safety under 20%

The price is 25.4% above fair value, so there is no margin of safety.

Revenue growing 10%+ a year

Revenue grew 12.6% a year over the last three fiscal years.

EPS growing 10%+ a year

Diluted EPS grew 17.4% a year over the last three fiscal years.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing faster than the industry

Revenue grew 12.2% over the last twelve months; the Miscellaneous Investing median is 4.6%.

Guidance raised

Ryman Hospitality Properties raised its 2026 capital expenditures outlook on Aug 7, 2026.

Gross margin slipping

Gross margin was 43.8% over the last twelve months, against 44.5% a year earlier.

Return on equity

Needs positive equity and five years of results.

Return on capital over 10%

Return on invested capital was 136%, above the 10% that usually covers the cost of capital.

Return on equity above the industry

Ryman Hospitality Properties's return on equity of 35.1% is above the Miscellaneous Investing median of 3.1%.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin against its history

Needs five years of revenue and net income.

Net margin below the industry

Ryman Hospitality Properties's net margin of 9.9% is below the Miscellaneous Investing median of 10.3%.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt coverage

Needs operating cash flow.

Interest not well covered

Operating income covers interest expense 2.1 times; we look for at least 5.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Elevated bankruptcy risk

The Altman Z-score is 1.79; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Ryman Hospitality Properties paid dividends worth 3.5% of the share price over the last twelve months.

Yield below Treasuries

The 3.5% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Ryman Hospitality Properties yields 3.5%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 9 fiscal years.

Not covered by earnings

Dividends take 110% of net income, leaving little room.

Cash-flow cover

Needs dividends paid and free cash flow.