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Ryman Hospitality Properties (Ryman Hospitality Properties) Piotroski F-Score : 8 (As of Apr. 26, 2024)


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What is Ryman Hospitality Properties Piotroski F-Score?

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ryman Hospitality Properties has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Ryman Hospitality Properties's Piotroski F-Score or its related term are showing as below:

RHP' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 7   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Ryman Hospitality Properties was 8. The lowest was 1. And the median was 7.


Ryman Hospitality Properties Piotroski F-Score Historical Data

The historical data trend for Ryman Hospitality Properties's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ryman Hospitality Properties Piotroski F-Score Chart

Ryman Hospitality Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 1.00 5.00 8.00 8.00

Ryman Hospitality Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.00 8.00 7.00 7.00 8.00

Competitive Comparison of Ryman Hospitality Properties's Piotroski F-Score

For the REIT - Hotel & Motel subindustry, Ryman Hospitality Properties's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ryman Hospitality Properties's Piotroski F-Score Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ryman Hospitality Properties's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ryman Hospitality Properties's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was 61.32 + 66.543 + 41.227 + 142.127 = $311 Mil.
Cash Flow from Operations was 31.711 + 183.791 + 154.427 + 187.127 = $557 Mil.
Revenue was 491.719 + 504.843 + 528.511 + 633.063 = $2,158 Mil.
Gross Profit was 164.791 + 180.449 + 170.28 + 193.488 = $709 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(4040.623 + 4034.679 + 4990.655 + 5063.833 + 5188.537) / 5 = $4663.6654 Mil.
Total Assets at the begining of this year (Dec22) was $4,041 Mil.
Long-Term Debt & Capital Lease Obligation was $3,506 Mil.
Total Current Assets was $943 Mil.
Total Current Liabilities was $533 Mil.
Net Income was -24.621 + 50.284 + 45.241 + 58.089 = $129 Mil.

Revenue was 299.135 + 470.204 + 467.755 + 568.875 = $1,806 Mil.
Gross Profit was 74.232 + 175.321 + 154.423 + 175.773 = $580 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(3580.525 + 3539.828 + 3864.7 + 3947.28 + 4040.623) / 5 = $3794.5912 Mil.
Total Assets at the begining of last year (Dec21) was $3,581 Mil.
Long-Term Debt & Capital Lease Obligation was $2,988 Mil.
Total Current Assets was $682 Mil.
Total Current Liabilities was $399 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ryman Hospitality Properties's current Net Income (TTM) was 311. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Ryman Hospitality Properties's current Cash Flow from Operations (TTM) was 557. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec22)
=311.217/4040.623
=0.07702203

ROA (Last Year)=Net Income/Total Assets (Dec21)
=128.993/3580.525
=0.03602628

Ryman Hospitality Properties's return on assets of this year was 0.07702203. Ryman Hospitality Properties's return on assets of last year was 0.03602628. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Ryman Hospitality Properties's current Net Income (TTM) was 311. Ryman Hospitality Properties's current Cash Flow from Operations (TTM) was 557. ==> 557 > 311 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=3506.15/4663.6654
=0.75180136

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=2988.351/3794.5912
=0.7875291

Ryman Hospitality Properties's gearing of this year was 0.75180136. Ryman Hospitality Properties's gearing of last year was 0.7875291. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec23)=Total Current Assets/Total Current Liabilities
=943.019/532.652
=1.77042234

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=682.393/399.28
=1.70905881

Ryman Hospitality Properties's current ratio of this year was 1.77042234. Ryman Hospitality Properties's current ratio of last year was 1.70905881. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Ryman Hospitality Properties's number of shares in issue this year was 59.733. Ryman Hospitality Properties's number of shares in issue last year was 55.521. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=709.008/2158.136
=0.32852795

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=579.749/1805.969
=0.32101825

Ryman Hospitality Properties's gross margin of this year was 0.32852795. Ryman Hospitality Properties's gross margin of last year was 0.32101825. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec22)
=2158.136/4040.623
=0.53410972

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=1805.969/3580.525
=0.50438665

Ryman Hospitality Properties's asset turnover of this year was 0.53410972. Ryman Hospitality Properties's asset turnover of last year was 0.50438665. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+1+0+1+1
=8

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ryman Hospitality Properties has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Ryman Hospitality Properties  (NYSE:RHP) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Ryman Hospitality Properties Piotroski F-Score Related Terms

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Ryman Hospitality Properties (Ryman Hospitality Properties) Business Description

Traded in Other Exchanges
Address
One Gaylord Drive, Nashville, TN, USA, 37214
Ryman Hospitality Properties Inc is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. Its core holdings are Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center. The company has three business segments: Hospitality, which includes Gaylord Hotels properties, the Inn at Opryland, and the AC Hotel, Entertainment which includes the entertainment and media assets comprising OEG, and Corporate and Other, which includes corporate expenses. It derives the vast majority of its revenue from its hospitality segment.
Executives
Patrick S Chaffin officer: EVP & COO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Reed Colin V director, officer: Exec. Chairman of the Board
Fazal F Merchant director 2230 E. IMPERIAL HIGHWAY, EL SEGUNDO CA 90245
Bowles Alvin L Jr director 62 TRENOR DRIVE, NEW ROCHELLE NY 10804
William E Haslam director 5919 MAPLE AVE, C/O HAROLDS STORES INC, DALLAS TX 75235
Rachna Bhasin director 1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Jennifer L Hutcheson officer: EVP & Chief Financial Officer ONE GAYLORD DRIVE, NASHVILLE TN 37214
Scott J Lynn officer: EVP, Secretary and GC ONE GAYLORD DRIVE, NASHVILLE TN 37214
Christine Pantoya director 5 OX BOW LANE, SUMMIT NJ 07901
Mark Fioravanti director, officer: President & CEO ONE GAYLORD DRIVE, NASHVILLE TN 37214
Prather Robert S Jr director
Michael Isor Roth director THE INTERPUBLIC GROUP OF COMPANIES, INC., 1114 AVENUE OF THE AMERICAS, 19TH FLOOR, NEW YORK NY 10036
Christian A. Brickman director 351 PHELPS DRIVE, IRVING TX 75038
Bennett D Westbrook officer: SVP, Investments, D&C ONE GAYLORD DRIVE, NASHVILLE TN 37214
Michael J Bender director 3980 BAUGHMAN GRANT ROAD, NEW ALBANY OH 43054

Ryman Hospitality Properties (Ryman Hospitality Properties) Headlines

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