Ryman Hospitality Properties (STU:4RH) Beneish M-Score: -2.53 (As of Jun. 26, 2026)


STU:4RH Ryman Hospitality Properties Inc STU:4RH
80 GF Score
Price €114.00
GF Value €93.75
! 11 Warning Signs
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What is Ryman Hospitality Properties Beneish M-Score?

Ryman Hospitality Properties STU:4RH 80 Beneish M-Score is -2.53 as of Jun. 26, 2026. GuruFocus rates STU:4RH with a GF Score™ of 80/100 and a GF Value™ of €93.75. The stock has 11 warning signs investors should review. Among 764 REITs companies, Ryman Hospitality Properties ranks better than 53.66% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Good Sign:

Beneish M-Score -2.53 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

STU:4RH' s Beneish M-Score Range Over the Past 10 Years
Min: -6.58   Med: -2.52   Max: -0.48
Current: -2.53

During the past 13 years, the highest Beneish M-Score of Ryman Hospitality Properties was -0.48. The lowest was -6.58. And the median was -2.52.


Ryman Hospitality Properties Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Ryman Hospitality Properties's Beneish M-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.

Ryman Hospitality Properties Beneish M-Score Chart

Ryman Hospitality Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.08 -2.50 -2.52 -2.85 -2.53

Ryman Hospitality Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-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 0.00 0.00 0.00 -2.53 0.00

STU:4RH vs APLE, PK, DRH: Beneish M-Score Comparison

For the REIT - Hotel & Motel subindustry, Ryman Hospitality Properties's Beneish M-Score, along with its competitors' market caps and Beneish M-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 Beneish M-Score vs REITs Industry

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

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


STU:4RH
80GF Score
Ryman Hospitality Properties Inc STU:4RH
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ryman Hospitality Properties Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Ryman Hospitality Properties for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 0.9287+0.528 * 1.0482+0.404 * 1.3607+0.892 * 0.9852+0.115 * 1.0228
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1+4.679 * -0.05365-0.327 * 0.9859
=-2.63

* 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 (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was €163 Mil.
Revenue was €2,201 Mil.
Gross Profit was €694 Mil.
Total Current Assets was €634 Mil.
Total Assets was €5,279 Mil.
Property, Plant and Equipment(Net PPE) was €4,280 Mil.
Depreciation, Depletion and Amortization(DDA) was €237 Mil.
Selling, General, & Admin. Expense(SGA) was €0 Mil.
Total Current Liabilities was €509 Mil.
Long-Term Debt & Capital Lease Obligation was €3,532 Mil.
Net Income was €208 Mil.
Gross Profit was €-13 Mil.
Cash Flow from Operations was €504 Mil.
Total Receivables was €178 Mil.
Revenue was €2,234 Mil.
Gross Profit was €738 Mil.
Total Current Assets was €770 Mil.
Total Assets was €4,983 Mil.
Property, Plant and Equipment(Net PPE) was €3,960 Mil.
Depreciation, Depletion and Amortization(DDA) was €225 Mil.
Selling, General, & Admin. Expense(SGA) was €0 Mil.
Total Current Liabilities was €514 Mil.
Long-Term Debt & Capital Lease Obligation was €3,355 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(163.186 / 2200.81) / (178.361 / 2233.961)
=0.074148 / 0.079841
=0.9287

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(737.859 / 2233.961) / (693.5 / 2200.81)
=0.330292 / 0.315111
=1.0482

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (633.688 + 4280.069) / 5278.73) / (1 - (769.729 + 3959.87) / 4982.782)
=0.06914 / 0.050812
=1.3607

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=2200.81 / 2233.961
=0.9852

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(225.023 / (225.023 + 3959.87)) / (237.497 / (237.497 + 4280.069))
=0.05377 / 0.052572
=1.0228

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(0 / 2200.81) / (0 / 2233.961)
=0 / 0
=1

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((3531.912 + 509.434) / 5278.73) / ((3355.405 + 513.804) / 4982.782)
=0.765591 / 0.776516
=0.9859

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(207.885 - -13.31 - 504.397) / 5278.73
=-0.05365

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Ryman Hospitality Properties has a M-score of -2.63 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -2.53 mean?
Ryman Hospitality Properties (STU:4RH) has a Beneish M-Score of -2.53 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Ryman Hospitality Properties and its competitors. According to the industry distribution chart, Ryman Hospitality Properties ranks #354 out of 764 companies in the REITs industry, placing it in the top 46.3%.
Is Ryman Hospitality Properties' Beneish M-Score too high?
Ryman Hospitality Properties' current Beneish M-Score is -2.53. Based on the distribution chart, Ryman Hospitality Properties ranks #354 out of 764 companies in the REITs industry, which is above the industry midpoint. Overall, Ryman Hospitality Properties has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Ryman Hospitality Properties' Beneish M-Score compare to APLE and PK?
According to the REITs industry distribution chart, Ryman Hospitality Properties ranks #354 out of 764 companies for Beneish M-Score. This puts Ryman Hospitality Properties in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a REITs company?
A good Beneish M-Score depends on the REITs industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Ryman Hospitality Properties and its competitors. Ryman Hospitality Properties's current Beneish M-Score is -2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryman Hospitality Properties stock overvalued right now?
Ryman Hospitality Properties (STU:4RH) has a current Beneish M-Score of -2.53. The stock's GF Value™ is €93.75, compared to a current price of €114.00 — trading 21.6% above its estimated fair value. The current Beneish M-Score is -2.53. Ryman Hospitality Properties' overall GF Score™ is 80/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Ryman Hospitality Properties (STU:4RH), the current Beneish M-Score is -2.53 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ryman Hospitality Properties (STU:4RH) Overvalued in 2026?

Based on GuruFocus' analysis, Ryman Hospitality Properties stock appears to be overvalued. The current stock price of €114.00 is trading 21.6% above its estimated GF Value™ of €93.75.

Key valuation signals for STU:4RH:

  • Beneish M-Score: -2.53
  • GF Value™: €93.75 vs. price of €114.00 (21.6% above fair value)
  • GF Score™: 80/100 with 11 warning signs

No single metric tells the full story. See the STU:4RH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ryman Hospitality Properties Business Description

Industry Real EstateREITs
Other Exchanges RHP:USA
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 include meetings-focused resorts that are managed by Marriott under the Gaylord Hotels and JW Marriott brands. The company's operations are organized into three segments: Hospitality, Entertainment, and Corporate and Other. The majority of its revenue is generated from the Hospitality segment, which includes the Gaylord Hotels properties, JW Marriott properties, the Inn at Opryland, and the AC Hotel in its portfolio. The Entertainment segment includes the entertainment and media assets comprising Opry Entertainment Group, and the Corporate and Other segment includes corporate expenses.
80GF Score

Get the complete analysis for STU:4RH

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€114.00
Price
€93.75
GF Value